Hong Kong stocks enjoyed a late surge on Wednesday to erase earlier losses, after China’s President reportedly called for a peaceful resolution of the North Korean security crisis in a phone call to his American counterpart. The Hang Seng Index shot up ... ( read original story ...)
Fifteen Qantas passengers injured in 'serious' mid-air incident during flight to Hong Kong
The drama unfolded about 110km south east of Hong Kong last Friday after flight QF29 took off from Melbourne. The 'stick-shaker' device causes the aircraft's control stick to vibrate noisily to warn the pilot of an imminent stall. It takes a physical ... ( read original story ...)
Everbright International plans to list greentech business in Hong Kong
HONG KONG China Everbright International said on Thursday it plans to spin off and separately list its greentech subsidiary, in a deal that could value the business at up to $1.5 billion. The energy and infrastructure firm said it plans to sell up to 644 ... ( read original story ...)
HK to play key role as link between mainland, overseas
In a sign of Hong Kong's determination to get a slice of the action, outgoing Chief Executive Leung Chun-ying will lead a delegation of senior officials and business leaders on a three-day visit to six mainland cities in the bay area next week. As the one ... ( read original story ...)
Why do these failed paradises exist in Hong Kong?
On Hong Kong's third largest outlying island Lamma, accessible via a 25-minute ferry from Hong Kong's central business district, a sprawling luxury development called Lamma 1 (below) sits empty. Lamma 1 was built by Hong Kong-based King Wong Development. ( read original story ...)
AIIB benefits financial sectors
Hong Kong’s professional and financial services sectors will benefit from the Asian Infrastructure Investment Bank’s operations. Acting Secretary for Financial Services & the Treasury James Lau made the statement to legislators today, saying Hong Kong ... ( read original story ...)
New China-backed leader of Hong Kong says no room for independence
Hong Kong's newly-elected Chief Executive Carrie Lam Cheng Yuet-ngor discussed preparations for cabinet appointments with senior officials in Beijing on Monday, ahead of her formal appointment by China's central government. Lam, who arrived in the capital ... ( read original story ...)
Hong Kong overseas M&As highest since 2001, as mainland’s tumble 70pc amid tightened capital controls
Outbound mergers and acquisitions (M&As) from Hong Kong companies reached record levels in the first quarter, as firms poured US$15.5 billion into overseas market – the highest total since 2001, Mergemarket data shows. Overseas M&A activity by mainland ... ( read original story ...)
Hong Kong 20th anniversary handover song is mercilessly mocked by music lovers
A new song released by the Hong Kong government to mark the 20th anniversary of the handover has been subjected to merciless mockery by music lovers, who branded it “fake” and “scary”. Hong Kong Our Home, which is just one minute long yet ... ( read original story ...)
Prenetics Launches ONEdna in Partnership with HSBC Insurance Hong Kong
HONG KONG, April 12, 2017 /PRNewswire/ -- Prenetics, the leading genetic testing company in Southeast Asia, announced the launch of ONEdna, an exclusive DNA screening test service in partnership with HSBC Insurance Hong Kong. The partnership sets Prenetics ... ( read original story ...)
HKMA fines Coutts HK$7m for breaching money laundering rules
The bank also did not do sufficient due diligence before establishing a business relationship with customers. Hong Kong clients can pick banks with varying compliance rules In deciding the disciplinary action, the authority considered “it needed to send ... ( read original story ...)
Hong Kong lawmaker charged for upending Chinese flag
Hong Kong - A Hong Kong lawmaker was arrested Wednesday for "desecrating" the Chinese and Hong Kong flags by turning them upside down in parliament, in charges he said were designed to suppress anti-Beijing sentiment. Cheng Chung-tai upended small China ... ( read original story ...)
Hong Kong police seize HK$16 million worth of fake euro notes from five-star hotel
Hong Kong police have seized a haul of fake euro notes with a face value of more than HK$16 million in a five-star Tsim Sha Tsui hotel. A 39-year-old employee at the Intercontinental Grand Stanford on Mody Road contacted police at 10.39am on Tuesday after ... ( read original story ...)
Nine dragon boats once rotting under Vancouver bridge roar back to life
The nine, 40-foot-long, skinny boats had been rotting under the Burrard Bridge for years. They were the original dragon boats gifted to Vancouver by Hong Kong around the time of Expo 86 and launched in this city a love of paddling rooted in a poetic ... ( read original story ...)