Compared to 15 years ago, there are more jurisdictions that have a lower tax rate than Hong Kong while Singapore’s effective tax rate is at a similar level with the SAR,” said HSBC Asia Pacific adviser George Leung Siu-kay. He said he expected the ... ( read original story ...)
Li & Fung out, Geely in as HSI reshuffles Hang Seng Index
Separately, Tsingtao Brewery – the first H share listed in Hong Kong in July 1993 – will be removed from the H-share index, officially called the Hang Seng China Enterprises Index. Its constituent position will be replaced by Postal Savings Bank of ... ( read original story ...)
Balancing the digital, human experience
Despite hard times in the fashion business, Grana - a two-year-old online fashion brand based in Hong Kong - beat the odds by outperforming ... according to a joint report by consulting firm McKinsey and industry news website Business of Fashion. ( read original story ...)
China H Shares Rally to 14-Month High as Autos, Financials Climb
Chinese stocks in Hong Kong climbed to a 14-month high as investors honed in on some of the world’s cheapest equities. Automakers and financial shares led gains. The Hang Seng China Enterprises Index rose 1.2 percent, breaking through the psychological ... ( read original story ...)
Hong Kong ivory trade faces bleak future as bans loom
The decline of the city's once-flourishing ivory business is set to speed up after the Hong Kong and mainland Chinese governments announced in December plans to restrict local ivory trading. Wildlife activists hailed the news, saying domestic markets must ... ( read original story ...)
Hong Kong ivory trade faces uncertain future as bans loom
The decline of the city's once-flourishing ivory business is set to speed up after the Hong Kong and mainland Chinese governments announced in December plans to restrict local ivory trading. Wildlife activists hailed the news, saying domestic markets must ... ( read original story ...)
Restarting political reform process not priority for Hong Kong chief executive hopeful Carrie Lam
Chief executive contender Carrie Lam Cheng Yuet-ngor has dropped a strong hint that relaunching political reform to achieve a popular ballot for Hong Kong’s leader will not be her priority in the next five years. Speaking at a media briefing after ... ( read original story ...)
Hong Kong's Frenzied Home Buyers Just Can't Be Stopped
To see the unintended consequences of the Hong Kong government’s efforts to tame property prices, take a look at the latest batch of newly built apartments to go on sale. At least 800 bids for 105 new units flooded developers of a remote new housing ... ( read original story ...)
People in Hong Kong are moving into 20-square-foot 'coffin homes' to save money
(Simon Wong, 61, is one of thousands living in so-called "coffin homes" in Hong Kong.Bobby Yip/Reuters) Simon Wong has spent the last 20 years learning the hard way how to live with less. Less clutter, less money, and, most noticeably, less space. ( read original story ...)
Hong Kong, Shenzhen officials discuss hi-tech border zone
The group will conduct discussions and consultations on issues relating to the park’s development, oversee and monitor its development, provide views and nominate a board of directors to a subsidiary company to be set up by the Hong Kong Science and ... ( read original story ...)
Cheap Hong Kong Stocks Are Back in Vogue With Chinese Investors
Cheap Hong Kong equities are suddenly back in vogue with Chinese investors. As tightening capital controls turn the city’s stock market into one of the few Beijing-approved destinations for offshore investment, mainland traders are piling into shares ... ( read original story ...)
Fitch: Hong Kong Banks' Property Exposure Not Key Source of Risk
Hong Kong banks have relatively small direct exposure to the domestic residential mortgage market, which Fitch Ratings views as a much less significant risk to asset quality than exposure to mainland China. Some borrowers have taken additional mortgages ... ( read original story ...)
How to Enjoy Hong Kong in Winter
Resort destinations such as Maldives and Boracay or relatively mild winter climate countries such as Hong Kong and Macau are most favorite locations among them. Especially, Hong Kong is adored by many due to the pleasant temperatures during the winter ... ( read original story ...)
Hong Kong, mainland stocks gain during morning session as Nasdaq logs record close
Hong Kong and mainland Chinese stocks both rose by the lunchtime break, after the Nasdaq Composite Index logged a record close for a second consecutive session on Wednesday night, driven by a tech rally. The Hang Seng Index closed the morning session up 0 ... ( read original story ...)