Hong Kong’s Securities and Futures Commission says it is willing to be more flexible in approving “One Belt, One Road” initiative-linked companies to list on the main board, even if they do not meet certain criteria. The city’s stock exchange is ... ( read original story ...)
Hong Kong trade agreement will ‘take Australian business international’
An agreement with the Hong Kong Trade Development Council (HKTDC) will help Australian companies “take their business international”, according to the Export Council of Australia (ECA). A Memorandum of Understanding (MOU) to promote trade, investment ... ( read original story ...)
Hong Kong's new China-backed leader says there is no room for moves toward independence
BEIJING/HONGKONG (Reuters) - Hong Kong leader-elect Carrie Lam said on Tuesday there is no room for moves toward independence in the former British colony which she said needs the support of the central government in Beijing to boost economic development ... ( read original story ...)
Cute new crab species discovered in Hong Kong is smaller than a THUMBNAIL and can climb trees
A new species of crab smaller than a thumbnail has been discovered in Hong Kong. The micro crustacean has been named Haberma Tingkok after the city's Tingkok area, which is thought to be the crab's only habitat in the world. Different than other ... ( read original story ...)
Hong Kong slaps property tax to close loophole
He emphasized the government's efforts in raising housing supply, while financial secretary Paul Chan said he expects the potential supply of new flats in Hong Kong over the next three to four years to exceed the December estimate of 94,000 units ... ( read original story ...)
Hong Kong regulator fines Coutts for breaching anti-money laundering rules
The Panama Papers leak also drew attention to how wealthy individuals use offshore companies, many of them structured by intermediaries based in Hong Kong, to conceal assets. The global anti-money laundering body, the Financial Action Task Force (FATF), is ... ( read original story ...)
Hong Kong's Central Bank is Trialing a Digital Currency
Hong Kong's de facto central bank is developing a prototype digital currency. The disclosure came in a Hong Kong legislative document published by the Legislative Council Panel on Financial Affair this week and dated 18th April. According to the note, the ... ( read original story ...)
Shell (RDS.A) to Divest Hong Kong LPG Business for $150M
Anglo Dutch oil giant Royal Dutch Shell PLC RDS.A recently signed a deal to divest its liquefied petroleum gas business in Hong Kong and Macau to oil and LPG supplier, DCC Energy Ltd. which is a subsidiary of DCC plc DCCPF. For Shell, the deal is part of ... ( read original story ...)
DDB Group Hong Kong strengthens global business unit with high profile hires
HONG KONG - Award-winning creative advertising agency DDB Group Hong Kong has bolstered its international business team to offer global brands a full suite of digital, mobile and integrated marketing services as a launch pad into the Asia Pacific region ... ( read original story ...)
Thriller 'Trivisa' wins big at Hong Kong Film Awards
The movie, which takes place on the eve of the Hong Kong's 1997 handover from Britain, also took home awards for best director and best actor on Sunday evening. News sites in mainland China downplayed their coverage, which Hong Kong media speculated was ... ( read original story ...)
Hong Kong Property Prices Are Near Their Peak: JPMorgan
Hong Kong housing prices are close to their peak and economically “unsustainable,” said Cusson Leung, managing director at J.P. Morgan Chase & Co.’s Asia Pacific equity research unit. Price increases in the world’s most expensive home market have ... ( read original story ...)
Hong Kong No Longer Top IPO Destination
New York has displaced Hong Kong as the world’s top destination for initial public offerings (IPOs) of stock during the first three months of 2017. A lack of major stock offerings sent Hong Kong—the main Stock Exchange of Hong Kong (HKEX) and the ... ( read original story ...)
Hong Kong stocks edge up at open
HONG KONG: Hong Kong stocks opened slightly higher Monday, though gains were tempered by a below-forecast US jobs report last week with uncertainty fuelled by the US missile attack on Syria. The Hang Seng Index edged up 0.14 per cent, or 34.71 points ... ( read original story ...)
Hong Kong stocks barely move as investors weigh geopolitical worries
April 10 Hong Kong stocks barely changed on Monday, with market turnover the lowest in two months as investors were reluctant to place bets amid concerns about growing geopolitical risks over Syria and North Korea. The benchmark Hang Seng index was almost ... ( read original story ...)