Hong Kong has missed the boat on a more than decade-long opportunity to benefit from China’s development, as the mainland’s growth super-cycle is now set to cool amid credit deleveraging and as consumption replaces investment as the centrepiece of the ... ( read original story ...)
Hong Kong bourse sees most short-seller attacks in 2017, prompting tightening regulation
Hong Kong’s listed companies were on the receiving end of the ... HKEX forced Asia Coal to suspend trading and enter the initial stage of delisting procedures, citing its inactive business operations or valuable assets. The company soon announced a ... ( read original story ...)
Private Limited Company incorporation in Hong Kong – What You Need to Know
Hong Kong follows the English law or British law and has one country but two systems. Hong Kong has a stable and open economy that helps the foreign business investors to set up a company easily. Important things about Private Limited Company incorporation ... ( read original story ...)
Former Hong Kong leader appears in court over sandwich ‘attack’
Unpopular former Hong Kong leader Leung Chun-ying testified on Wednesday in a ... Footage of the incident captured by local news network i-Cable was played in court and showed the back of Leung, who was seen ducking smoothly when the sandwich was thrown. ( read original story ...)
Hong Kong universities get high rankings in law and education despite political controversies
Universities in Hong Kong were recognised as top schools of law and education in Asia according to a global survey, despite ongoing controversies involving the city’s rule of law and freedom of expression. The rankings announced by the Times Higher ... ( read original story ...)
Hong Kong developers switch to buying buildings outright as land costs soar
Hong Kong property firms have shifted their attention to buying whole, completed buildings outright in the city’s central districts, as their aggressive and deep-pocketed mainland rivals bid up the price of land to sky-high levels. Vincent Cheung Kiu-cho ... ( read original story ...)
HSBC Holdings plc (Hong Kong) (0005) Is Yet to See Trading Action on Oct 4
Shares of HSBC Holdings plc (Hong Kong) (HKG:0005) closed at 77.45 yesterday. HSBC Holdings plc (Hong Kong) currently has a total float of 20.40B shares and on average sees 20.36 million shares exchange hands each day. The stock now has a 52-week low of 56 ... ( read original story ...)
Bangladesh Bank rejects City request to set up subsidiary in HK
DHAKA: Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation. The private bank in its application in October last year said it would provide trade ... ( read original story ...)
Hong Kong-listed China shares hit two-year high, led by banks
Hong Kong & China Ga (HOKCF) is on trader's radar as the shares ... indicator used to describe if a market is trending or not trending. China's central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since ... ( read original story ...)
World Bank raises Asia growth forecast, warns of NKorea risk
HONG KONG (AP) — The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. In an update to its annual ... ( read original story ...)
Banks boost Hong Kong stocks as oil price fall dents Sydney equities
Hong Kong was the best performer among Asia Pacific bourses on Wednesday ... from a Sunday cut to their reserve requirement ratio. Industrial and Commercial Bank of China rose 1.8 per cent. Tokyo’s Topix index was flat, but Japan Display was far and ... ( read original story ...)
Fraudulent website related to Hang Seng Bank, Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited on a fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website ... ( read original story ...)
Hong Kong stocks surge as banks, insurers lead
HONG KONG, Oct 4 (Reuters) - Hong Kong stocks rose on Wednesday, extending gains made in the previous trading session, with Chinese banks and insurers leading the surge after China’s central bank cut reserve ratios over the weekend. The blue chip Hang ... ( read original story ...)
Hong Kong shares rise, Japan falls in quiet Asian trading
HONG KONG — Asian shares were mixed in holiday-thinned trading on Wednesday as investors brushed off Wall Street's latest advance into record territory. KEEPING SCORE: Japan's benchmark Nikkei 225 index gave up early gains, slipping 0.1 per cent to ... ( read original story ...)