The Hong Kong Consumer Council has warned of the increasing risks of online shopping, and advised users not to assume that websites with a URL address ending with “.hk” are based in the city. This comes after the council handled cases in which such ... ( read original story ...)
Number of Singapore companies exploring HK IPO 'doubled'
As Osim prepares its initial public offering (IPO) in Hong Kong as V3 Group, news emerged earlier this month that Pan-United Corp is spinning off its Chinese port division for a Hong Kong listing, while LHN said it is eyeing a dual primary listing there. ( read original story ...)
Hong Kong rejects asylum for seven refugees who sheltered Edward Snowden four years ago with the help of human rights lawyer Robert Tibbo
Hong Kong authorities have rejected asylum requests from a group of refugees who sheltered Edward Snowden four years ago, in what their lawyer said is retaliation for helping the former National Security Agency (NSA) contractor. Immigration officials in ... ( read original story ...)
Hong Kong rejects asylum for refugees who sheltered Snowden
Hong Kong authorities have rejected asylum requests from a group of refugees who sheltered Edward Snowden four years ago, in what their lawyer said is retaliation for helping the former NSA contractor. Immigration officials in the southern Chinese city ... ( read original story ...)
Hong Kong rejects asylum claims from Edward Snowden's 'guardian angels'
When the families took Snowden into their apartments, they didn't know who he was, only finding out when they saw his face on news stands. What next? The families could now be split up and detained by the immigration authorities in Hong Kong, or face ... ( read original story ...)
Group who helped Edward Snowden 'denied Hong Kong asylum'
Hong Kong has rejected the asylum claims of a group who helped shelter US whistleblower Edward Snowden, their lawyers say. The asylum-seekers, from Sri Lanka and the Philippines, housed Mr Snowden for two weeks when he fled the US after leaking thousands ... ( read original story ...)
Alibaba Makes Its First FinTech Investment In Hong Kong
Alibaba has expanded its investment portfolio in Hong Kong and has chosen Qupital to be its first FinTech investment in the city. Accessing cash when you need it the most is critical for the success of any business, especially startups and SMEs. ( read original story ...)
Hong Kong takes on ‘booze cruise’ role for growing number of mainland wine lovers
And it now appears growing numbers of mainland Chinese consumers are doing similar on trips to Hong Kong, although maybe not in English Channel volumes, as the higher duties imposed on wine and spirits there are creating a similar phenomenon. ( read original story ...)
Number of S'pore companies exploring HK IPO 'doubled'
Market watchers said this reveals that a growing number of companies are hoping to deepen their business presence in the Greater China market, but these moves are not a guaranteed success. As Osim prepares its initial public offering (IPO) in Hong Kong as ... ( read original story ...)
Hong Kong's next 20 years: Utilities
Power Assets (formerly Hongkong Electric) is 82% while Hong Kong & China Gas’ share is 57%. Chinese utilities may be attracted by the city’s low risk and stable returns. Gas business in Hong Kong likely to continue unregulated growth Hong Kong gas ... ( read original story ...)
Making the reinsuring business reassuring
If Hong Kong can relocate more reinsurance business activities here, its robust financial system and proximity to the mainland can be leveraged to develop the reinsurance business, experts say. According to the FSDC report, the mainland's reinsurance ... ( read original story ...)
Hong Kong stocks set to open higher ahead of key China economic data
The Hong Kong market is likely to open higher on Monday after futures rose in the city ahead of the release of a set of key Chinese economic data. The Hang Seng Index futures May contract rose 0.4 per cent, or 103 points to 25,166 in the pre-trade session ... ( read original story ...)
OCBC to buy NAB's wealth business in Singapore and Hong Kong
Load Error With the hopes of further boosting its wealth management presence in Singapore and Hong Kong, OCBC Bank entered into an agreement to acquire National Australia Bank's (NAB) Private Wealth business in the two cities. OCBC will be having access to ... ( read original story ...)
Members of British and U.S. Rock Band Arrested for Visa Offences in Hong Kong
In reality, if you are familiar with the situation in Hong Kong, the latest raid seems more like part of a well planned campaign aimed at crashing every business that does not belong to the big business. This is normally done through insanely expensive ... ( read original story ...)