Tokyo’s Nikkei gained 1.8 per cent Thursday, Hong Kong’s Hang Seng 1.4 per cent ... Prime Minister Justin Trudeau and his economic advisers, led by McKinsey & Co. China guru Dominic Barton, seem not to have a problem with this. They only see the ... ( read original story ...)
Mainland firms expand property footprint in Hong Kong, set to fuel price rises
Hong Kong will auction a site valued at as much as $2.2 billion in the first quarter, the first sale of commercial land in the Central business district in more than 20 years, and it is widely expected to be snapped up by a mainland Chinese developer ... ( read original story ...)
Hong Kong’s Lunar New Year lai see tradition is big business with 400 million more banknotes in circulation
While the digital era has seen many people go online to manage their financial transactions, whenever Lunar New Year approaches more Hong Kong people visit bank branches for one simple reason – to exchange new banknotes for lai see packets – to the ... ( read original story ...)
PolyU Announces the 2nd Hong Kong Business Sustainability Index Overall Average Score Up 9.5% and Top 20 Companies Up 20.2%
The overall average score of the 50constituent companies of the Hang Seng Index (HSI) in the 2nd HKBSI was 45.73 (out of 100 points), an increase of 9.53% compared to that of the 1st HKBSI launched in December 2015. The average score of the top 20 Index ... ( read original story ...)
Hong Kong investor snaps up Paddington office block for almost £300m
CC Land Holdings, a Hong Kong investment vehicle owned by property magnate Cheung Chung-Kiu, has agreed to buy the One Kingdom Street office block from a joint venture between US financial services institution TIAA and two of Sweden’s national pension ... ( read original story ...)
Hong Kong’s main stock index closes Year of the Monkey up 21pc
Hong Kong’s Hang Seng Index ended the Year of the Monkey up 21.11 per cent after a quiet last day of trading before the Lunar New Year. Stocks opened lower, edging down in the first few minutes of trading on Friday, and ended the half day session down 0 ... ( read original story ...)
Aviva to sell 60% of Hong Kong life business in digital venture
Aviva Hong Kong will retain 40%, with Tencent purchasing 40% and Hillhouse 20% for an undisclosed sum. The resulting joint venture, subject to regulatory approval, will focus on selling basic life insurance and investment products online in the territory ... ( read original story ...)
Hong Kong leadership favourite testifies in corruption trial
The trial comes at a time when residents are losing faith in Hong Kong's elites, as a string of corruption cases fuel public suspicions over cosy links between authorities and business leaders. Lam was made secretary for development in 2007 during Tsang's ... ( read original story ...)
Donald Trump and Kim Jong-un lookalikes pretended to kiss in Hong Kong
Donald Trump and Kim Jong-un impersonators walked down the streets of Hong Kong to the surprise of tourists in the area. The pair even pretended to kiss as they demonstrated the unlikely friendship between the two real-life leaders. Dennis Alan ... ( read original story ...)
Cash-rich Hong Kong developer CMB surges after hedge fund challenge over undervalued stock
Shares of China Motor Bus, a Hong Kong property developer, have surged more than 15 per cent in the past two days to a record high after an activist fund manager urged the company’s controlling shareholder to buy back shares and pay more dividends to ... ( read original story ...)
Hong Kong Shares Rise to 3-Month High on Wall Street Strength
Hong Kong stocks rose for a fourth day in a row on Thursday, reaching their highest close in three months after the Dow Jones Industrial Average breached the 20,000-point level for the first time. Continue Reading Below Sentiment was also helped by a ... ( read original story ...)
HKTDC announces world’s largest jewellery exhibition; twin shows set to open in March 2017
Gem & Pearl Show and Hong Kong International Jewellery Show has played a crucial role. India is known for its gems and jewellery business and the twin shows organised by Hong Kong Trade Development Council (HKTDC), have provided an ideal platform for ... ( read original story ...)
Aus-HK business entrenched
Hong Kong and Australia have long been good friends - in the pursuit of business, innovation, as well as good wine. In the past couple of years, quite a number of my ministerial colleagues visited Australia. I am pleased to note that their talks with the ... ( read original story ...)
Donald Trump and Kim Jong-un impersonators surprised crowds in Hong Kong by pretending to kiss
Donald Trump and Kim Jong-un impersonators walked down the streets of Hong Kong to the surprise of tourists in the area. The pair even pretended to kiss as they demonstrated the unlikely friendship between the two real-life leaders. Dennis Alan ... ( read original story ...)