Hundreds of thousands of Hong Kong’s long distance bus and rail commuters will get special public transport fare discounts under a concession scheme to be outlined by Chief Executive Carrie Lam Cheng Yuet-ngor ... Sources have confirmed the government is ... ( read original story ...)
American Airlines Flight From Hong Kong Cancelled After Cargo Catches Fire
An American Airlines flight from Hong Kong to Los Angeles was canceled Monday after fire broke out next to the aircraft while the plane was parked at the gate. A piece of loading equipment ignited while in the process of loading cargo into the hold of the ... ( read original story ...)
Hong Kong’s iconic Jumbo Floating Restaurant to be given a facelift
It’s even appeared in a few movies itself. And now it’s time for Hong Kong’s famous Jumbo Floating Restaurant to get a facelift, according to the owner, Melco International Development. “Last time we had a major refurbishment was 15 years ago. ( read original story ...)
‘Psychiatric medication’ found in flat of Hong Kong man suspected of killing his elderly mother
A 34-year-old man who was accused of murdering his bedridden mother before jumping from a 16th-floor flat in a suicide bid on Sunday was a psychiatric patient at a Hong Kong hospital and received his last consultation 11 days ago before the brutal killing ... ( read original story ...)
Chinese Consumer Credit Provider Qudian Aims For $769 Million IPO
The IPO represents a BUY opportunity for investors who want to ... Mr. Yeung also currently serves as a director of Bumps to Babes Limited, a baby and maternity retail store chain in Hong Kong. Prior to joining Qudian, Mr. Yeung was a co-founder of ... ( read original story ...)
Tencent unit plans IPO
As of the end of last year, China Literature had 5.3 million writers and 8.4 million literary works. If China Literature's Hong Kong IPO plan materializes, it intends to use the IPO net proceeds to expand its online reading business, specifically its share ... ( read original story ...)
A New Skipper for HSBC’s $2.5-Trillion Ship?
Had China or Hong Kong's economy taken a downward turn, there might have been less enthusiasm for a known quantity at the tiller. Obviously, with so much expectation baked into HSBC's shares, as well as the buyback bonanza, any incoming management team ... ( read original story ...)
Hong Kong parents splurge the most on studies
Parents in hong Kong spend more on their children's education than any other country in the world, a new study by HSBC has shown (www.hsbc.com/ news-and-insight/media-resources/ media-releases/2017/the-value-of- education-higher-and-higher). Between ... ( read original story ...)
Former Hong Kong chief executive Donald Tsang used secret rule to justify travel, court told
Former Hong Kong leader Donald Tsang Yam-kuen played by his own “secret” rule, which existed only “in his head”, when it came to declaring his private yacht and jet trips with friends, his bribery trial heard on Monday. The High Court heard this ... ( read original story ...)
Meet the Hong Kong landlords willing to rent properties for 20 to 70 per cent of the market rate
Hong Kong’s first affordable social housing operator has revealed it will introduce a new project for low-income young singles next year to celebrate its fifth year in operation. Social enterprise Light Be on Monday invited 10 landlords, who have ... ( read original story ...)
Cargo catches fire moments before it is loaded on plane at Hong Kong airport
A FIRE broke out on the tarmac of Hong Kong’s international airport on Monday, with black smoke seen billowing near the belly of an American Airlines plane. The blaze began around 5.30pm (8.30pm AEDT) in one of the parking berths and one person was ... ( read original story ...)
Logistics startup Deliveree hauls $14.5m in series A round
Deliveree is just one of several logistics startups battling for market share in Southeast Asia. Both hailing from Hong Kong, recently minted unicorn GoGoVan and Lalamove – which raised US$30 million in its series B round earlier this year – connect ... ( read original story ...)
October Is Sourcing Show Time In Hong Kong
HONG KONG, CHINA - Media OutReach - Oct 9 ... VIP buyer lounges, ample refreshment areas, wi-fi access, travel and accommodation assistance, business centre, and an exhibitor locator system all are available throughout the show. MEGA SHOW Part 2 ... ( read original story ...)
Ratings On Fuyuan 2016-2 Retail Auto Loan ABS Class A And Class B Notes Raised To ‘AAA(sf)’
HONG KONG (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings today raised its ratings on the Class A and Class B notes issued by Shanghai International Trust Co. Ltd. as trustee of the Fuyuan 2016-2 Retail Auto Mortgage Loan Securitization Trust (Fuyuan ... ( read original story ...)