Li, a 52-year-old single mother from mainland China, was left to raise her two-month-old son alone when her Hong Kong husband died in 2004. Since then she has been trapped in an unbreakable cycle of poverty, although she has been receiving social security ... ( read original story ...)
Hong Kong stocks flat for the week; Tencent hits all-time high
Hong Kong stocks edged up on Friday, ending the week roughly flat, as Chinese money continued to flow into the city's share market, while index heavyweight Tencent closed at an all-time high. Sentiment was also aided by an overnight recovery on Wall Street ... ( read original story ...)
Hong Kong's Startup Ecosystem Is Thriving — But This Is How It Becomes A Global Hub
My very first investment into a startup company was back in 2010. Sentiment had finally turned positive again after the global financial crisis and Facebook and Twitter were both on fire, approaching huge late stage pre-IPO valuations. I had to get involved. ( read original story ...)
Hong Kong tightens screw on borrowers of multiple loans as property market overheats
Hong Kong has announced the second set of mortgage-tightening measures in a week to cool a property market that has broken records, taking aim at borrowers with multiple loans and whose income sources come from outside the city in an attempt to reduce ... ( read original story ...)
Hong Kong central bank unveils fresh measures to check property price surge
HONG KONG Hong Kong's central bank on Friday announced a fresh set of measures to cool a property market on fire. Norman Chan, the head of Hong Kong's de facto central bank, the Hong Kong Monetary Authority said the fresh measures include raising the risk ... ( read original story ...)
Hong Kong car park sells for record $3 bln
A prized commercial property site in Hong Kong, currently being used as a public car park, has been sold to Henderson Land Development for a record HK$23.3 billion ($3 billion). As Sonia Legg reports, it outbid eight other developers including local giants ... ( read original story ...)
Asian funerals go green and high-tech at Hong Kong trade fair
HONG KONG - Death is inevitable but it doesn't have to be bad for the environment. Caskets made of paper and wicker coffins on display at a recent Hong Kong funeral industry trade highlighted a trend toward "green burials" in an industry booming as Asia's ... ( read original story ...)
Hong Kong electric taxis will not operate round the clock due to long charging times
Hong Kong’s two-year trial run of electric taxis has backfired as its long charging time was viewed as unsuitable to operate the cabs round the clock. The Environment Bureau reached the conclusion as it examined the results of 40 trials of electric ... ( read original story ...)
Families who hid Snowden in Hong Kong ask Canada to fast-track asylum requests
The families who sheltered U.S. fugitive Edward Snowden in Hong Kong need to be brought to Canada immediately while the country processes their asylum claims, their lawyers said Monday. Hong Kong-based attorney Robert Tibbo said Canada needs to take this ... ( read original story ...)
Snowden lashes out at Hong Kong for rejecting refugees
One of the refugees, Vanessa Rodel from the Philippines, who lives in Hong Kong with her five-year-old daughter, broke down over the news of the decision. Another of the refugees, Ajith Pushpakumara from Sri Lanka, told AFP the government had "taken his ... ( read original story ...)
Hong Kong pushes on with controversial proposal to build housing on fringes of country parks
Space-starved Hong Kong is moving ahead with a highly controversial government proposal to use protected country park land for subsidised housing. The not-for-profit Housing Society has been tasked to conduct an 18-month study into the feasibility of ... ( read original story ...)
Asian funerals go green, high-tech at Hong Kong trade fair
Death is inevitable but it doesn't have to be bad for the environment. Caskets made of paper and wicker coffins on display at a recent Hong Kong funeral industry trade highlighted a trend toward "green burials" in an industry booming as Asia's population ... ( read original story ...)
Why Hong Kong's Top Filmmakers Are Making China Propaganda Films
Lured by mainland China’s enormous box office, some A-list Hong Kong directors are finding favor with Beijing, while a new generation is committed to free speech and edgier cinema. Throughout the past decade, the financial incentives and political ... ( read original story ...)
Hong Kong police arrest 13 men, seize 27,000 pieces of child pornography in city-wide raids
Hong Kong police arrested 13 men and confiscated more than 27,000 photographs and video clips depicting child sex abuse stored on computers and hard disks in a series of raids across the city. The operation was mounted by about 100 officers on Thursday ... ( read original story ...)