GIFT City is likely to help attract trillions of dollars of investment into India, says top exchange BSE's CEO Ashish Chauhan who envisions Hong Kong like model for India's first global financial services centre. ( read original story ...)
Pink diamond auctioned for world-record $71.2 million in Hong Kong
The world's most valuable pink diamond has been sold at a Sotheby's auction for a world record price of $71.2 million (U.S.) in Hong Kong. The diamond was bought by a Hong Kong-based jewelry after a bidding war between three phone bidders. (Reuters ... ( read original story ...)
Hong Kong's trams are big business
Tram ridership has decreased for eight of the past ten years as new forms of public transit have increased competition. The Wall Street Journal. ( read original story ...)
Pink diamond auctioned for record $71.2M in Hong Kong
A stunning 59.6 carat diamond known as the "Pink Star" sold for $71.2 million at a Sotheby's auction Tuesday in Hong Kong, setting a new world record for any diamond or jewel, according to the auction house. The oval mixed-cut diamond smashed the $60 ... ( read original story ...)
Warhol Mao portrait fetches $12.7m in Hong Kong auction
A classic Andy Warhol portrait of former Chinese leader Mao Zedong fetched US$12.7 million at auction in Hong Kong on Sunday, Sotheby's said -- well short of the top estimate of more than $15 million. The sale of the 1973 screen print by the legendary US ... ( read original story ...)
Speech by SCED at “Hong Kong – Slovenia: Opportunities in Hong Kong for the Slovenian Business” business seminar and luncheon in Slovenia
Speech by SCED at "Hong Kong - Slovenia: Opportunities in Hong Kong for the Slovenian Business" business seminar and luncheon in Slovenia Hong Kong (HKSAR) - Following is the speech by the Secretary for Commerce and Economic Development, Mr Gregory So, at ... ( read original story ...)
Hong Kong’s struggling debt market puts a damper on hopes for bond connect scheme
A weakened yuan and rising interest rates have dragged yuan-denominated bonds issued in Hong Kong to a record low, raising concerns whether the current environment is appropriate to push ahead with the bond connect programme this year. Hong Kong Exchanges ... ( read original story ...)
Hong Kong's restive youth prepare for long struggle with Beijing
HONG KONG With China's preferred candidate selected as Hong Kong's next chief executive, another blow to the morale of the city's democracy activists, their young leaders are taking a page from Beijing's playbook and preparing for a long battle. ( read original story ...)
Smooth sailing on the high seas
A shipowner seeking finance in Hong Kong has a plethora of choices including debt financing from the many international banks with a shipping portfolio, leasing or, in the case of a public company, it may choose to issue shares or bonds. Nigel Anton ... ( read original story ...)
HNA Establishes Innovation Finance Group in Hong Kong
HONG KONG, April 3, 2017 /PRNewswire/ -- On 31 March 2017, the inaugural ceremony of HNA Innovation Finance Group ("HNA Innovation Finance") was held in Hong Kong. Attending the ceremony were leading members of the Board of HNA Group, including WANG Jian ... ( read original story ...)
Let battle commence: New York, Hong Kong IPO rivalry set to intensify
The rivalry between Hong Kong and New York for global IPO supremacy may be set to intensify. Hong Kong lost its crown as the world’s No. 1 destination for initial public offerings in the first quarter as a dearth of mega-listings saw the city drop to ... ( read original story ...)
HSBC adds voice authentication to digital banking in Hong Kong
HONG KONG: HSBC has launched its voice biometric identification service in Hong Kong, following the successful launch of the functionality in the UK last year. Voice biometrics will be used as a form of verification while using phone banking services ... ( read original story ...)
Hong Kong launches public consultation on live poultry after study says sales can continue
The Hong Kong government has started a two-month public consultation to discuss the city’s live poultry trade following a study which said sales could continue but urged authorities to enforce more stringent measures. The consultancy study also found ... ( read original story ...)
Hong Kong stocks, led by infrastructure plays, rise on China economic zone plan
HONG KONG, April 3 Hong Kong stocks rose on Monday, with infrastructure-related stocks surging on news that Beijing plans to set up a special economic zone in the heavily polluted province of Hebei. Mainland markets were closed for a holiday. The benchmark ... ( read original story ...)