BOC intercepts smuggled gun parts

The pistols were each stashed in a water heater and the two parcels were consigned to Christopher Yeung of Hong Kong and a certain Lau of Ho Chi Minh, Vietnam, the BOC said. Alfonso Martin Sanchez, 21, was arrested when he asked about the status of the ... ( read original story ...)

Number of Singapore companies exploring HK IPO 'doubled'

As Osim prepares its initial public offering (IPO) in Hong Kong as V3 Group, news emerged earlier this month that Pan-United Corp is spinning off its Chinese port division for a Hong Kong listing, while LHN said it is eyeing a dual primary listing there. ( read original story ...)

Hong Kong rejects asylum for refugees who sheltered Snowden

Hong Kong authorities have rejected asylum requests from a group of refugees who sheltered Edward Snowden four years ago, in what their lawyer said is retaliation for helping the former NSA contractor. Immigration officials in the southern Chinese city ... ( read original story ...)

Group who helped Edward Snowden 'denied Hong Kong asylum'

Hong Kong has rejected the asylum claims of a group who helped shelter US whistleblower Edward Snowden, their lawyers say. The asylum-seekers, from Sri Lanka and the Philippines, housed Mr Snowden for two weeks when he fled the US after leaking thousands ... ( read original story ...)

Alibaba Makes Its First FinTech Investment In Hong Kong

Alibaba has expanded its investment portfolio in Hong Kong and has chosen Qupital to be its first FinTech investment in the city. Accessing cash when you need it the most is critical for the success of any business, especially startups and SMEs. ( read original story ...)

Number of S'pore companies exploring HK IPO 'doubled'

Market watchers said this reveals that a growing number of companies are hoping to deepen their business presence in the Greater China market, but these moves are not a guaranteed success. As Osim prepares its initial public offering (IPO) in Hong Kong as ... ( read original story ...)

Hong Kong's next 20 years: Utilities

Power Assets (formerly Hongkong Electric) is 82% while Hong Kong & China Gas’ share is 57%. Chinese utilities may be attracted by the city’s low risk and stable returns. Gas business in Hong Kong likely to continue unregulated growth Hong Kong gas ... ( read original story ...)

Making the reinsuring business reassuring

If Hong Kong can relocate more reinsurance business activities here, its robust financial system and proximity to the mainland can be leveraged to develop the reinsurance business, experts say. According to the FSDC report, the mainland's reinsurance ... ( read original story ...)