Prized Hong Kong parking space sold for record US$664,000

Its property prices are famously sky-high but now a Hong Kong parking space has been sold for an eye-watering HK$5.18 million (US$664,200) in what local reports said was a world record. The space is on the first floor at a luxury apartment complex near the ... ( read original story ...)

Hong Kong Stock Rally Seen Immune to Currency Drop, for Now

City’s pegged currency has declined most in Asia this year Hang Seng stock index has rallied 18% amid ample liquidity The Hong Kong dollar may be sliding into the weak end of its trading band, yet money managers see no reason for stock investors to turn ... ( read original story ...)

Hong Kong wastes away as rival Asian cities clean up

From syringes and television sets strewn on its beaches to brimming landfills, Hong Kong is struggling to keep pace with a growing waste problem in one of the world's most densely populated cities. Landfills in the global financial hub of 7 million people ... ( read original story ...)

Three Hong Kong leaders share one vision for city: optimism

Three heads of Hong Kong’s government – past, present and future – gave their full vote of confidence on Monday to the “one country, two systems” formula that guarantees the city’s freedoms, tracking its performance over the last two decades ... ( read original story ...)

Hong Kong becomes new member of AIIB

HONG KONG, June 13 (Xinhua) -- The government of China's Hong Kong Special Administrative Region (HKSAR) said Tuesday that Hong Kong has become a new member of the Asian Infrastructure Investment Bank (AIIB). The Finance Committee of the Legislative ... ( read original story ...)

Hong Kong Braces for First Storm This Year as Merbok Lashes

Long lines seen at metro stations, piers as people rushed home Hong Kong braced itself for its first typhoon this year, as Tropical Storm Merbok lashed the financial center with rain and wind. The Hong Kong Observatory hoisted Signal No. 8 at 5:20 p.m ... ( read original story ...)