Hong Kong customs officers arrested a former bank manager on Monday night following the seizure of HK$11 million (US$1.4 million) worth of suspected cocaine. Initial investigation showed the 32-year-o... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) investors shrugged off data showing the Chinese economy slowed
Hong Kong’s main Hang Seng index crept higher on Monday as investors shrugged off data showing the Chinese economy slowed within market expectations in the fourth quarter of 2018, amid expectations th... ( read original story ...)
One Thing To Remember About The China-Hongkong Photo Products Holdings Limited (HKG:1123) Share Price
Anyone researching China-Hongkong Photo Products Holdings Limited (HKG:1123) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a ... ( read original story ...)
Is Hang Seng Bank Limited’s (HKG:11) High P/E Ratio A Problem For Investors?
Based on the last twelve months, Hang Seng Bank’s P/E ratio is 14.81. That means that at current prices, buyers pay HK$14.81 for every HK$1 in trailing yearly profits. See our latest analysis ... ( read original story ...)
No Harvest For Plum – Food Delivery Startup Closes In S’pore, Lays Off Over 100 Staff In HK
Bike-sharing companies are not the only ones that can’t keep up with the competition. Hong Kong-based food delivery startup Plum announced on 19 January (Saturday) the closure of its Singapore operati... ( read original story ...)
Hong Kong hotel owners’ group urges members to step up safety checks after falling window kills woman
A Hong Kong hotel owners’ association has urged members to step up safety checks after a mainland Chinese tourist was on Monday killed by a window falling from the 16th floor of a building. A veteran ... ( read original story ...)
China’s top movie ticketing app Maoyan postpones Hong Kong IPO, names Xiaomi as cornerstone investor
Maoyan Entertainment, China’s largest movie ticketing app backed by Tencent and Meituan, has delayed its Hong Kong IPO and put off its listing date to February 4. It also named three new cornerstone i... ( read original story ...)
Hong Kong tops the table as world’s most expensive housing market for 9th straight year
Hong Kong has been ranked as the world’s least affordable housing market for a ninth consecutive year in a global survey released today. A family would on average need to save up for 21 years without ... ( read original story ...)
Hong Kong independence rears its head again on university campus, as union leader candidates grilled on views
The trio running to lead the student union at Hong Kong’s oldest university were grilled on their political stances on Monday, in another campus controversy over the city’s independence. The three stu... ( read original story ...)
Hong Kong looks to hire an executive director to lead a team for FSDC’s expanded advisory role in city’s financial services
Hong Kong’s Financial Services Development Council, the brain child of the city’s previous chief executive, is looking to hire an executive director to lead a team from a rented office in Central as i... ( read original story ...)
Hong Kong failing to tackle wildlife smuggling epidemic: study
Hong Kong must do more to crack down on illegal wildlife smuggling by ending legal loopholes and lenient sentences, conservation groups said Monday, as they detailed the city's role in the lucrative t... ( read original story ...)
Hong Kong’s port has fallen behind rivals. Industry experts say it needs to be more competitive
Hong Kong's once world-beating port needs to raise its game or risk falling further behind competitors in Shanghai , Singapore and elsewhere, industry experts said. The city's massive container facili... ( read original story ...)
Ola raises $74 million in fresh capital from Steadview Capital
Ola last announced a fund-raise of $1.1 billion from China’s Tencent Holdings and SoftBank in October 2018 SoftBank-backed Ola has raised another $74 million from its existing investors HongKong-based ... ( read original story ...)
Hong Kong’s recent mysterious US$4.8 billion stock plunge underscores risk in world’s 4th-largest equity market
Hong Kong’s second unexplained wave of stock plunges in three months shows the risks investors face in the world’s fourth-largest equities market. Ten mid- and small-cap shares plummeted as much as 81 ... ( read original story ...)