The Hong Kong market is likely to open higher Monday, tracking Wall Street which hit a record high on Friday. Hang Seng Index futures dropped 0.04 per cent, or 11 points to 25,702 in the pre-trade session on Monday morning, while Hang Seng China ... ( read original story ...)
Hong Kong should add global stocks for mainland investors to trade, SFC’s Tong says
International companies that have raised capital on Hong Kong’s stock exchange should also be available to mainland Chinese investors under the city’s so-called Stock Connect schemes, said the Securities & Futures Commission’s chairman Carlson Tong ... ( read original story ...)
Hong Kong remains stranded in the wake of mainland China’s post-Tiananmen growth
Tiananmen only heightened Hong Kong’s uncertainty about 1997. But looking back, what looked like a revelation of cruel and absolute truth has today been rendered impermanent and transient. China is now the second-largest economy in the world. Over the pa ... ( read original story ...)
Offshore yuan term deposit rate tipped to soar in Hong Kong
Passersby walk in front of the main branch of Standard Chartered in Hong Kong. The bank is one of the lenders in the city that hiked the renminbi term deposit interest rates on Thursday. [Photo/Agencies] Financial analysts attribute prediction to high ... ( read original story ...)
Second-hand bookshop to reopen as social enterprise after donors save business
The owner of a failing second-hand bookstore in Hong Kong which was rescued by HK$150,000 in donations ... The 53-year-old bookseller from Wong Tai Sin, who founded his business in December 1997 shortly after the handover, said he is now considering ... ( read original story ...)
Lotus Exige enthrals Hong Kong Auto Show as Guangzhou Auto reveals export potential of GS8
The inaugural Hong Kong Auto Show presented a wide range of Chinese and international cars at the Hong Kong Convention and Exhibition Centre last weekend. The following five made the strongest impression. The show’s highlight was the Lotus Exige Sport ... ( read original story ...)
Hong Kong stocks cap fourth week of gains
Hong Kong stocks closed higher on Friday, capping a fourth week of gains, as casino operators advanced after Macau’s gaming revenues beat market expectations. At the same time smaller companies led mainland stocks to reverse earlier losses, as the ... ( read original story ...)
Former BlackRock Executive Mark Brady to Join Hong Kong FinTech Startup FinFabrik
31/5/2016 – FinFabrik, a provider of specialized software-as-a-service for financial institutions, announced today that Mark Brady joined the company as its Chief Investment Officer to support the strong growth trajectory across the region, particularly ... ( read original story ...)
Hong Kong’s startup market turning toxic for investors
HONG KONG -- Hong Kong's venture-oriented Growth Enterprise Market sank to a new low in May despite the global stock boom, having lost investors' confidence amid the history of controversies surrounding its component stocks. The S&P/Hong Kong GEM Index is ... ( read original story ...)
Hong Kong crowned world’s most competitive economy, beating Singapore
Hong Kong has been crowned the world’s most competitive economy for the second year running, ahead of Switzerland and Singapore, in an annual report from the International Institute for Management Development. The Swiss business school ranked Hong Kong ... ( read original story ...)
Birkin bag sells for record $380,000 at Hong Kong auction
HONG KONG — Christie's says a luxury handbag has shattered the world auction record in Hong Kong. The auction house didn't identify the buyer of the matte white crocodile skin Hermes Birkin bag with 18 karat gold and diamond hardware at Wednesday's sale. ( read original story ...)
LCQ7: Offshore renminbi business in Hong Kong
Following is a question by the Hon Chan Chun-ying and a written reply by the Secretary for Financial Services and the Treasury, Professor K C Chan, in the Legislative Council today (May 31): Question: The Financial Secretary has indicated in his Budget ... ( read original story ...)
Singapore-based adtech startup AdAsia Holdings expands to Hong Kong; aims to list there
FINAL DAY! Enjoy Earlybird #ECASIA2017 tickets to the best of APAC's tech scene! ENJOY 27% OFF NOW Singapore-based adtech company AdAsia Holdings has announced the launch of its Hong Kong office. Leveraging on its AdAsia Digital Platform and CastingAsia ... ( read original story ...)
Quam IR Awards in Hong Kong
The award presentation ceremony of Quam IR Awards 2016 (QIRA) successfully took place on 25 May, 2017 at Four Seasons Hotel Hong Kong. Business elites of the awarded listed companies received the distinction, shared their joy at the ceremony. Eminent ... ( read original story ...)