Hong Kong is one of the top business-friendly countries in the world, especially since the handover of 1997 where the government started to push for a more flexible and liberal market. It is now the p... ( read original story ...)
Hong Kong developers face fresh pressure to sell as completed new units jump 30 per cent in third quarter
New flats have been quickly rolling off the Hong Kong assembly line, recording a 30 per cent jump in the completion rate in the July-to-September period, adding pressure on developers to speed up sale... ( read original story ...)
‘Starter homes’ scheme targeting Hong Kong middle-class set for launch before end of 2018
A new kind of residence will be up for grabs among Hong Kong’s middle class later this year, as the government launches a “starter homes” scheme for those too poor to afford a flat in the world’s most ... ( read original story ...)
STX Entertainment Abandons Hong Kong IPO Plans
STX Entertainment has dropped its plans to list its shares on the Hong Kong Stock Exchange, some six months after it filed a draft prospectus. The company had sought to raise up to $500 million of ... ( read original story ...)
The nine heads of tech you need to know in Hong Kong banking
Banks in Hong Kong are ramping up their recruitment in technology and increasingly running into strong competition for talent from tech companies. But who are the senior managers in charge of ... ( read original story ...)
HK lays out welcome mat for German business
"My second example is about Lufthansa, which has in Hong Kong a wholly owned subsidiary Lufthansa Technik that provides aircraft maintenance services. Lufthansa Technik set up a regional hub for its c... ( read original story ...)
HK banks offer tax loans at below 2pc interest rate
The Hongkong and Shanghai Banking Corporation launched today personal tax loan offers at an interest rate of 1.8 percent for a loan of more than HK$1.5 million with a 12-month repayment period. Borrow... ( read original story ...)
Hong Kong halts e-wallet auto top-ups after user reports of missing funds
Hong Kong’s smart banking push got a big slap down after the Hong Kong Monetary Authority ordered e-wallet operators to suspend auto transfers via the recently-launched Faster Payment System to top-up ... ( read original story ...)
Hong Kong Connects to the Mainland
Hong Kong’s people have shown themselves less than overwhelmed ... But the integrated civil servant/big business elite preferred its own interests to addressing traffic and pollution problems, let alo... ( read original story ...)
Bank of Canada’s economic cheer will be painful for some: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and t... ( read original story ...)
No Help Yet For Hong Kong Stock Market
BOC Hong Kong and Sands China both shed 0.90 percent, Tencent Holdings lost 0.72 percent, Sung Hung Kai Properties fell 0.69 percent, China Mengniu Dairy slid 0.63 percent, WH Group dipped 0.35 percen... ( read original story ...)
Hong Kong’s Worst Run of Monthly Losses Since ’82 Looks Certain
That year, talks between China and the U.K. about the city’s future sparked panic across financial markets, triggering a sharp depreciation of the Hong Kong dollar. To help contain the turmoil, the cu... ( read original story ...)
Hong Kong-Zhuhai bridge: World’s longest sea crossing opens to quiet start
The world's longest sea crossing bridge opened to the public on Wednesday but traffic was light on its first day. Officials said they did not expect many vehicles to immediately take to the road, addi... ( read original story ...)
CLP to buy assets to expand, as it aims to be the first Hong Kong utility to sell shares in India IPO
CLP Holdings, the larger of Hong Kong’s two power utilities, aims to double the size of its India unit via acquisitions and new-build projects in the next five years and list it on the local bourse, a... ( read original story ...)