Category: NEWS

Dahua Tech had said in March it planned to apply for offering up to 724.85 million shares in Hong Kong, but had not provided details on the timeline as well as how much it was hoping to raise through the issuance. The company, which has a presence in about ... ( read original story ...)

A Hong Kong university is launching an overseas promotional drive in an effort to more than double the number of non-mainland foreign student admissions within the next five years. Hong Kong Baptist University (HKBU) vice president in teaching and learning ... ( read original story ...)

Hong Kong’s iconic trams will soon display a new smiling logo as the operator looks to reshape its visual identity to attract more passengers. The old design, which has been in use for 43 years, is being replaced on trams and signposts over the next two ... ( read original story ...)

HONG Kong champion Able Friend has been retired and will return to Australia where he will spend his days at the Ramsey family’s Turangga Farm in NSW where he was born. The highest-rated horse to race in Hong Kong, Able Friend will be farewelled at a ... ( read original story ...)

Hong Kong saw its debt rating cut by Moody’s Investors Service hours after China’s downgrade, highlighting potential risks from a tightening economic integration. The former British colony has seen not only its property and stock markets increasingly ... ( read original story ...)

While Chinese stocks spiked lower on Wednesday’s downgrade -- before rebounding amid speculation of intervention-- equities in Hong Kong shrugged off the news, keeping to a trend that’s made the city’s stocks among the best performers in Asia this year. ( read original story ...)

Hong Kong could face bigger financial risks and see its credit ratings drop further with its growing involvement in China’s plan to open up trade along a new Silk Route, according to the writer of a report issued by Moody’s, which downgraded the city ... ( read original story ...)

A plane veered off the runway at Hong Kong International Airport today after heavy rainstorm lashed the city. The plane, reported to have carried 141 passengers and crew on board, skidded onto the grassy area as it was taxiing to the gate. Two passengers ... ( read original story ...)

Hong Kong ground to a halt on Wednesday as the black rainstorm signal was issued for the first time this year, bringing downpour and flooding that left cars submerged and shop staff scrambling for sandbags to keep out rising water. A surreal scene captured ... ( read original story ...)

HONG KONG Moody's Investors Service downgraded Hong Kong's local and foreign currency issuer ratings just hours after it cut China's credit ratings for the first time in nearly 30 years. The U.S. ratings agency downgraded Hong Kong's rating to Aa2 from Aa1 ... ( read original story ...)

HONG KONG -- Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar ... ( read original story ...)

Britain’s top diplomat in Hong Kong condemned the terrorist attack on Manchester that left 22 people dead as a “barbaric act” as he signed a book of condolences on Wednesday paying tribute to the victims. Consul-general Andrew Heyn said the people of ... ( read original story ...)

Mainland Chinese stocks fell on the news, but investors in Hong Kong were more sanguine. "The current market euphoria is a concern for contrarians," wrote Hong Hao, head of research at BOCOM International. "Hong Kong's risk premium is plunging to its ... ( read original story ...)

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar case in Hong ... ( read original story ...)