In the propaganda war between protesters in Hong Kong and the government in Beijing, Tommy Yuen is an unlikely hero. The 39-year-old singer admits he’s something of a ‘has been,’ and almost ... ( read original story ...)
Hong Kong’s stock market faces a drought of initial public offerings as valuations take a plunge to among the lowest in Asia
Companies looking to list in Hong Kong have put their initial public offerings (IPOs) on hold amid an annual decline of as much as 40 per cent in the valuations of new share offerings in some cases, ... ( read original story ...)
Hong Kong’s US dollar peg could be a weak link if protests continue to drag, China scholar warns
Zhou Luohua, vice-president of the Chongyang Finance Research Institute at the Renmin University of China, says the peg could prove to be city’s ‘Achilles’ heel’ The Hong Kong dollar has been pegged ... ( read original story ...)
Frontline view: Making the case for violence in Hong Kong protests
Unlike the Umbrella movement in 2014, when a largely peaceful 79-day occupation of Hong Kong’s financial area failed to achieve its aim of universal suffrage, a more confrontational stance from some ... ( read original story ...)
Hong Kong Faces Worst Earnings Recession Since the 2008 Crisis
(Bloomberg) -- Hong Kong stocks are poised for their worst ... contraction for Hang Seng Index companies since the global financial crisis, data compiled by Bloomberg show. While a protracted ... ( read original story ...)
Alibaba postpones up to $15-billion Hong Kong listing amid protests: sources
China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15-billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge ... ( read original story ...)
Hong Kong protesters gather at mob-attack subway as bank warns of economic fallout
BEA and its rivals have closed branches in the vicinity of protests which are already exacting a toll on Hong Kong’s economy and tourism – the Asian financial hub is on the verge of its first ... ( read original story ...)
Hitting Hong Kong tycoons where it hurts
Demonstrators in Hong Kong clash with police. The Hang Seng Index is on track ... Sponsor Content by Hewlett Packard Enterprise For credit and debit card incidents alone, financial losses to banks and ... ( read original story ...)
China plans to make Shenzhen a ‘better place’ than Hong Kong
China's government has unveiled plans to boost the mainland city of Shenzhen and make it into what state media called a "better place" than neighbouring Hong Kong, following another huge pro-democracy ... ( read original story ...)
China’s Warning to Global CEOs: Toe the Party Line on Hong Kong
A Hellish Week for Cathay Buffeted Between China and Hong Kong HSBC Holdings Plc is a prime example. Founded in Hong Kong in 1865, the bank switched its base to London before the handover to China in ... ( read original story ...)
Flood of wealthy Hong Kong residents hopeful of buying Australian property
A flood of potential property buyers from Hong Kong are approaching local migration agents, hoping to secure Australian residency ahead of buying homes in Sydney and on the Gold Coast. A Chinese ... ( read original story ...)
Hong Kong protests planned for mob-attack subway as bank warns of economic fallout
Hong Kong-based Bank of East Asia Ltd (BEA) posted a 75% slump in first-half net profit after it wrote down loans in China because of a downturn in commercial property markets outside China’s ... ( read original story ...)
Hong Kong: China confirms detention of UK consulate worker
Media reports on Tuesday said Simon Cheng, who is thought to be from Hong Kong, went missing on 8 August during a business trip. China's foreign ministry said Mr Cheng was detained at Shenzhen for 15 ... ( read original story ...)
‘I really can’t bear it anymore’: Hong Kong residents considering exodus abroad
Hong Kong is home to a combustible combination of ... rights group Society for Community Organisation. Chick showed Global News an example of a so-called ‘subdivided’ apartment. ( read original story ...)