Hong Kong stocks dropped 13.6 per cent during 2018 – the worst performance in seven years – despite surging on the last trading day on the back of signals of trade talk progress. About HK$4.5 trillion ... ( read original story ...)
Correction in Hong Kong’s property market gathers speed as prices fall 3.5 per cent in November
Prices of lived-in homes in Hong Kong saw the sharpest decline in a single month in November since the global financial crisis in 2008. The monthly home price index, which represents movements in the ... ( read original story ...)
Technology Review: Startups and bitcoin
Looking back at the year about to close, it is most gratifying to witness the proliferation of startups in the city. According to an annual survey by Invest Hong Kong released in mid-December, there w... ( read original story ...)
Hong Kong Panel Suggests Converting Golf Course to Address Land Shortage
Using part of Hong Kong’s iconic golf course and developing deserted rural land for housing are among a government-appointed panel’s suggestions to address land shortage in the world’s least affordabl... ( read original story ...)
Liberal Party urges Hong Kong MTR to scrap 3.1 per cent fare increase in 2019
A pro-business political party of Hong Kong has urged the MTR Corporation to not increase railway fares next year. Around 20 members of the Liberal Party gathered at the MTRC headquarters on Friday in ... ( read original story ...)
What should traders of Hong Kong, China stocks expect after a year of ‘heaven to hell’?
Hong Kong reclaimed its crown as the world’s top IPO market in ... “I’m bullish on 2019, no matter based on business cycles or valuation levels,” Lu said. “The worst times represent the best opportuni... ( read original story ...)
Hong Kong brokers brace for hard times in 2019, urge regulators to speed up access to Greater Bay Area
Hong Kong’s smaller brokerages have lobbied local regulators to introduce measures that would allow them to broaden their market to the 70 million residents in the “Greater Bay Area”. Christopher Che... ( read original story ...)
Hong Kong wine company to buy Japanese crypto exchange
“This is why we have to diversify into financial technology and the crypto-currency business – to achieve a better return for our shareholders.” In a related deal, HDR Global Trading, which owns the H... ( read original story ...)
The Singaporean-Chinese air miles company rewarding Hong Kong travellers for meals
Many top airlines have signed up with a Singaporean-Chinese start-up that lets frequent travellers and shoppers earn air miles through everyday spending. Mileslife arrived in Hong Kong in August, afte... ( read original story ...)
Winning ideas for pedestrianising polluted Hong Kong business district artery Des Voeux Road Central
Of all the city streets in all the world, architects had to pick this one to walk into. From near and far their ideas poured, answering the call of an international competition to pedestrianise Hong K... ( read original story ...)
Hong Kong Rockers Bamboo Star Release New English EP, ‘No Hard Feelings’
Hong Kong rockers Bamboo Star have had a triumphant start to their newest release, No Hard Feelings, finding success in the U.S. radio circuit. This positive reception of the EP followed from success ... ( read original story ...)
Anchors Aweigh: Hong Kong Boat-Dwellers Face Eviction With Nowhere to Go
To survive in Hong Kong, considered by many to be the world’s least affordable housing market, takes either a great deal of money or a great deal of ingenuity. That’s why one eclectic group of ... ( read original story ...)
Hong Kong shares flat at lunch break after Wall Street’s wild session overnight
The property developer announced on Thursday that it will spend HK$21.5 billion (US$2.74 billion) to acquire local insurer FTLife Insurance as it seeks to diversify business, in the biggest ever insur... ( read original story ...)
Hong Kong business women due in Dar early 2019
A delegation of Hong Kong business women will visit the country early next year to scout for investment opportunities in travel and tourism industry but also other areas. TTB’s Chairman, Thomas Mihayo ... ( read original story ...)