Category: NEWS

To expect Financial Secretary Paul Chan, who is just two months into his post, to do something very different from previous budgets of the Hong Kong government is basically unrealistic and unfair. Judging from the 2017-18 budget, Chan has inherited the ... ( read original story ...)

It is pegged to the U.S. Dollar and allowed to move within a tight band set by the Hong Kong Monetary Authority. Market News Hexun News: Chinese leading online media of financial news. - Chinese insurance companies have held $49.2 billion foreign assets as ... ( read original story ...)

A former leader of Hong Kong who was knighted by Prince Charles hours before the city’s handover to China was jailed for 20 months on Wednesday for misconduct in public office. Donald Tsang, who was one of the city’s most well-known politicians both ... ( read original story ...)

HONG KONG - A former leader of Hong Kong was sentenced Wednesday to 20 months in prison for misconduct after failing to disclose plans to rent a luxury apartment for his retirement from a businessman applying for a broadcasting license. It was a stunning ... ( read original story ...)

Hong Kong's former chief executive Donald Tsang has been sentenced to 20 months in jail in the highest-profile corruption case the semi-autonomous Chinese city has ever seen. Judge Chan calls conviction biggest fall from grace he has ever seen Donald Tsang ... ( read original story ...)

A former leader of Hong Kong was sentenced Wednesday to 20 months in prison for misconduct over a luxury apartment in mainland China intended for his retirement. Judge Andrew Chan said that he was going to sentence Donald Tsang to 30 months in jail but ... ( read original story ...)

Hong Kong's Chan Yuen-ting will smash another hole through football's glass ceiling when she makes history in the AFC Champions League on Wednesday -- but it couldn't be a tougher debut for the trailblazing female coach. Chan, nicknamed "Beef Ball" and ... ( read original story ...)

Democratic Party lawmaker James To Kun-sun said Hong Kong’s press freedom was under threat and he urged the police to do their best to protect the safety of Sing Pao staff. The semi-official China News Agency reported last year that Gu was wanted by ... ( read original story ...)

Donald’s over 40 years of services and contributions to Hong Kong is a matter of public record. Others will speak to his key role in helping Hong Kong weather through stormy financial crises. Here I would refer to his significant contributions to the ... ( read original story ...)

Hong Kong property stocks extended gains ahead of the city’s annual budget speech on Wednesday, as some analysts anticipated announcements that would benefit developers. Property companies were the biggest gainers on the Hang Seng Index, with Sun Hung ... ( read original story ...)

Hong Kong stocks suffered their biggest one-day loss in a month on Tuesday, hurt by index heavyweight HSBC Holdings PLC after it posted a bigger-than-expected drop in its 2016 profit. The benchmark Hang Seng index erased early gains and ended down 0.8 ... ( read original story ...)

Hong Kong’s annual budget will be unveiled by new Financial Secretary Paul Chan Mo-po on Wednesday. The budget is expected to outline relief measures to help boost the economy, improve livelihoods and benefit different commercial sectors through the ... ( read original story ...)

He faces a possible seven-year sentence. On Monday, Tsang, in a white shirt, dark suit and trademark bow tie, entered Hong Kong's High Court holding the hand of his wife Selina. His family remained silent throughout the hearing. Scores of high-profile Hong ... ( read original story ...)

Hong Kong Disneyland has announced a loss for 2016, its second loss-making year in a row, losing HK$171 million on fewer visitors from the mainland. Visitor numbers at the Lantau Island park dropped more than 10 per cent to 6.1 million last year according ... ( read original story ...)