citing an improving retail market and TVB’s positive business strategy, according to financial information website AAStocks. Shaw Brothers Holdings, a subsidiary of TVB, also jumped 6.6 per cent to 81 Hong Kong cents. Macau casinos also shined ... ( read original story ...)
Hong Kong Stocks Rise
Hong Kong stocks rose on Wednesday, taking their cue from a firmer Wall Street, but market turnover was subdued without support from the mainland as the connect-schemes with Shanghai and Shenzhen did not operate ahead of the Lunar New Year. Continue ... ( read original story ...)
Hong Kong business groups meet prospective city leaders
Business chambers on Tuesday urged contenders for Hong Kong’s highest office to restore harmony in the city, while rural power broker the Heung Yee Kuk became one of the first groups to openly indicate its backing for former No 2 official Carrie Lam ... ( read original story ...)
Marijuana business expands beyond smoke and rolling papers: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)
Like master, like cat: Fascinating pictures show the endearing bond between shop owners and their felines in Hong Kong
And they are Hong Kong's most popular shop assistants ... The cats accompany them day in day out, when there is business and when there is not. In Mr Heijnen's pictures, many of the cats seem to have formed an endearing rapport with their owners - they ... ( read original story ...)
Hong Kong the world’s priciest home market for the seventh year
Hong Kong kept its ranking as the world’s least affordable urban centre to buy a home for the seventh year running, in a survey that’s likely to throw a perennial problem back into focus during an election year for the city’s chief executive. ( read original story ...)
Hong Kong named most expensive housing market in the world for the seventh straight year
Hong Kong has retained its ranking as the least affordable city in the world to buy a home, with average flat prices standing at 18.1 times gross annual median income, according to US- based Demographia. The dubious honour was bestowed on the city for the ... ( read original story ...)
Hong Kong’s ‘primary connect’ proposal to attract international firms faces many hurdles
A proposal by Hong Kong Exchanges and Clearing to introduce a “primary connect” would upgrade Hong Kong stock listings and existing cross border trading schemes to a new level, but the suggestion faces many obstacles before it could be successfully ... ( read original story ...)
Hong Kong hasn’t tightened GEM rules far enough, lawmaker says
Hong Kong’s securities regulators must tighten the rules and take tougher action to enhance the liquidity of shares listed on the city’s Growth Enterprise Market, or GEM, to instil confidence in a market where even companies that lack a profit track ... ( read original story ...)
Hong Kong Shares End Weaker After Yellen's Comments
Hong Kong stocks followed Asian markets lower on Thursday, with sentiment hurt by Federal Reserve Chair Janet Yellen's hints that the pace of U.S. interest rate hikes could accelerate. Continue Reading Below The benchmark Hang Seng index dropped 0.2 ... ( read original story ...)
Why Hong Kong property tax may help end Singapore housing slump
A report from Bloomberg said Cushman & Wakefield Inc. expects the slide in the city-state’s home prices to end this year as foreign investors turned off by Hong Kong’s move to increase the stamp duty for overseas buyers look to Singapore instead. ( read original story ...)
Hong Hong needs to join the world of the truly modern entrepreneur – and the government isn’t helping
They care about something different above owning their own business. They seek to change or transmute value not seen by others. Hong Kong’s enduring myth is that its economy is built by entrepreneurs. But, the reality is they are independent businesses. ( read original story ...)
Investment forum in Hong Kong to intensify business ties with Belarus
MINSK, 19 January (BelTA) – The official visit of the Belarusian government delegation to China's special administrative region of Hong Kong is over, BelTA learned from the press service of the government. As part of the visit on 16-18 January, First ... ( read original story ...)
Citi sees 10 percent net new money growth near term in Asia wealth business
HONG KONG Citigroup said a focus on rich young Asians and new products has helped accelerate net new money growth at its Asia-Pacific consumer wealth business in 2016 to about 10 percent, and a similar annual growth is expected over the next few years. ( read original story ...)