Just before the 20th anniversary commemoration of Hong Kong's return to Chinese rule on July 1, 1997, the chief executive of the Hong Kong Monetary Authority issued a statement indirectly suggesting that the Hong Kong dollar's peg to the dollar ... ( read original story ...)
Paytm strikes JV with Hong Kong firm AG Tech
BENGALURU: Paytm has struck a joint venture with Hong Kong stock exchangelisted firm AG Tech Holdings as it forays into the online gaming distribution and content business. AG Tech, which is also backed by the Alibaba group will own a 45% stake in the JV ... ( read original story ...)
Chinese Officials to Enforce Mainland Laws in Hong Kong Train Station
HONG KONG (Reuters) - Hong Kong announced on Tuesday a controversial plan to allow mainland officials to enforce Chinese laws inside a Hong Kong train station, an immigration set-up critics say will encroach on the city's autonomy and put existing freedoms ... ( read original story ...)
Hong Kong’s next 20 years: Finance
China owners have overtaken U.S. ones as the city’s biggest group of licensed financial companies, and are 70% of its sponsor business. Hong Kong’s role financing corporate China may have peaked, with a bigger role for Shanghai and Shenzhen ... ( read original story ...)
Hong Kong policymakers approve plan for Chinese officials to enforce mainland law at rail terminus
The Hong Kong government’s top policymaking body on Tuesday approved a controversial plan to let mainland officers enforce mainland laws within a leased area at the local terminus of the high-speed rail link to Guangzhou, a source told the Post. ( read original story ...)
Hong Kong policeman and wife deny pocketing HK$20 million in luxury watch scam
A policeman and his wife denied cheating 14 people out of more than HK$20 million in a scheme that involved buying and reselling luxury watches. Mainland Chinese businessman Herman Yu told the District Court on Monday how he bought 30 Rolexes in May 2013 ... ( read original story ...)
Why business, council signed up for Hong Kong tour
CREEVEY Russell Lawyers partner Damian Bell is joining Access Hong Kong, knowing that doing business in Asia is as much about the customs as it is the deal itself. Having travelled to Asia before, Mr Bell said he was joining the trip to take the next step ... ( read original story ...)
Slashing infrastructure investment risk, global Coalition transform construction cost system
HONG KONG, CHINA--(Marketwired - Jul 24 ... and benchmarking definitions to enhance comparability and consistency of capital projects. A report by McKinsey Global Institute, 'Reinventing Construction: A route to higher productivity' (Feb 2017), finds ... ( read original story ...)
Hong Kong rejects IPO application of Morgan Stanley-backed insurance broker
HONG KONG (Reuters) - The Hong Kong stock exchange has rejected the IPO application of AMTD Strategic Capital Group [IPO-AMTD.HK], a corporate insurance broker backed by Morgan Stanley's private equity arm. It becomes only the sixth company to fall foul of ... ( read original story ...)
Joint checkpoint at Hong Kong railway terminal touches a nerve despite success of Shenzhen model
For the past decade, Hong Kong travellers crossing the border at Shenzhen Bay Port in the west of the special economic zone have been able to complete the customs clearance of both sides under one roof thanks to an unprecedented joint checkpoint. ( read original story ...)
Here are a few subversive thoughts for breaking Hong Kong’s property deadlock
I once asked an elderly mainland Chinese man about the changes that have taken place in China and if he felt any sense of historical injustice that his best years were wasted in the Great Leap Forward or Cultural Revolution compared to today’s younger ... ( read original story ...)
Rover Parking wins Infiniti Lab Toronto’s Demo Day, fast-tracks into Hong Kong accelerator program
As winner of Infiniti Lab Toronto’s Demo Day, Rover Parking will move on to participate and compete in Infiniti Lab Hong Kong, a three-month global program that provides startups access to markets in China and the Asian startup ecosystem. The program is ... ( read original story ...)
WeWork in Talks to Rent in Heart of Hong Kong Bar Zone
the co-working space company that’s among the world’s most valuable startups, is in advanced talks to rent a building in Hong Kong’s popular nightlife district near the city’s business center, according to people familiar with the matter. ( read original story ...)
Will Hong Kong’s Heung Yee Kuk rural powerhouse endure without ‘big brother’ Lau Wong-fat?
The death of veteran Hong Kong political heavyweight Lau Wong-fat will leave the Heung Yee Kuk, a powerful government-recognised advisory body on rural affairs, without the influence of its “big brother” for the first time in nearly four decades ... ( read original story ...)