HONG KONG (Reuters) - Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer. In clarification announcements during the noon ... ( read original story ...)
How generous is Hong Kong? Above average, according to HKU survey on donations and charitable work
The altruism poll, conducted by the University of Hong Kong, found that 83.5 per cent of respondents ... apps such as Facebook and WhatsApp play a pivotal role in sharing such news and events,” he said. “But people can also be deceived since ... ( read original story ...)
Downward spiral of Sino-US trade spat will hurt Hong Kong, commerce chief Edward Yau warns
Yau said the bureau met with business chambers on Tuesday to explain the quantitative impact on Hong Kong arising from the trade war. On news of the worsening trade war, the Hong Kong stock market slumped to its lowest in four months with the benchmark ... ( read original story ...)
Hong Kong buyers’ interest in Japanese property cools in the short term after Osaka quake
A strong earthquake in Osaka this week has not only rattled Japan’s second-largest city, but also shaken Hong Kong buyers’ growing interest in Japanese property in the short term, according to real estate agents. “One of our clients was paying a ... ( read original story ...)
ZTE shares rise in Hong Kong after clarification of U.S. bill impact
HONG KONG (Reuters) - Shares of China’s ZTE Corp rose as much as 18 percent in Hong Kong on Wednesday as the impact of a U.S. Senate bill that threatens to restore penalties on the company became clearer. In clarification announcements during the noon ... ( read original story ...)
Hong Kong medical panel rejects universal breast cancer screening for women in city
There is “insufficient evidence” that universal screening could help fight breast cancer, the most common cancer for women in Hong Kong, a government working group of doctors has concluded. After analysing international and local studies, as well as ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Stocks Slide, Bonds Rally as Trade Fears Build
The Hong Kong Hang Seng Index HSI, -2.78% closed down 2.8%, led by a 5.7% drop for Hong Kong-listed Chinese pork producer WH Group 0288, -5.68% , which owns U.S.’s Smithfield Foods and is vulnerable to potential pork and soybean tariffs. Taiwan’s TAIEX ... ( read original story ...)
Hong Kong’s Independent Police Complaints Council to step up monitoring of the force, new chief pledges
The new chairman of Hong Kong’s police watchdog on Tuesday pledged to be more proactive in reviewing the practices of the force, and said he would even take issues to the city’s leader when necessary. The promise by Anthony Francis Neoh comes as the ... ( read original story ...)
Estimates for traffic on Hong Kong mega bridge cut by up to 26 per cent because of competition, government admits
The much-delayed multibillion-dollar Hong Kong-Zhuhai-Macau bridge will accommodate up to 26 per cent less traffic in 2030 than previously estimated because of keen competition expected from another mainland bridge and China’s national railway ... ( read original story ...)
HSBC makes changes to PayMe e-wallet top-ups
Hongkong and Shanghai Banking Corporation announced that users of the e-payment app, PayMe, will be able to top up their e-wallets using their HSBC personal bank accounts starting later this week. The top-up limit will be HK$30,000 per month.PayMe users ... ( read original story ...)
Hong Kong’s Cathay Pacific Airways fears US-China trade war will hurt vital cargo business
As a global trade war beckons, Hong Kong’s flagship carrier Cathay Pacific Airways has for the first time voiced concern over the possible impact of the increasingly likely US-China tariff dispute on its profitable cargo business. Acknowledging the ... ( read original story ...)
Hong Kong activists heed legal threats and move statue of Chinese Nobel Peace Prize winner Liu Xiaobo from Times Square mall
Hong Kong activists moved a statue of late Chinese pro-democracy icon Liu Xiaobo from outside a popular shopping centre on Tuesday after the building’s owner warned it would seek a court order for the group’s removal. The group called the management of ... ( read original story ...)
Hong Kong may reclaim spot in top three global IPO markets in second half on a slew of expected mega tech offerings
Hong Kong has a high chance of reclaiming a spot in the top three global IPO league table in the second half of the year, with the total capital raised expected to reach as much as HK$140 billion (US$17.8 billion) from a flurry of new economy listings that ... ( read original story ...)
Xiaomi to Debut in Hong Kong First After Postponing Shanghai IPO
Xiaomi Corp. has decided on a Hong Kong initial public offering before listing in Shanghai, backtracking on a key portion of one of the year’s most anticipated stock market debuts. The smartphone maker aims to list in the former British colony before ... ( read original story ...)