When anyone thinks of Hong Kong, the first thing that probably comes to mind is the sky-high property prices. Many tycoons in the city have built their fortune in real estate. Let’s take a look at the ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Expected to Open Lower
Shares in Hong Kong rebounded on Friday after a global equity market rout saw the Hang Seng index fall 3.5 percent a day earlier, but ongoing concerns about the prospects for global trade and economic ... ( read original story ...)
Hong Kong MTR signal fault finally fixed after six hours of commuter chaos
More than six hours after a signalling fault on the train network sent Hong Kong into traffic chaos, the city’s rail operator announced that a temporary fix was in place and its four affected lines ha... ( read original story ...)
Alibaba wants to diversify Hong Kong and believes startups are the key
Alibaba chief Jack Ma used HK$1 billion of his company's money to stand up a not-for-profit foundation in early 2015, aimed at boosting entrepreneurship among Hong Kong's younger population. Enterpris... ( read original story ...)
Foreign companies in Hong Kong warn on free speech crackdown
HONG KONG -- Hong Kong's international business community is warning that authorities recent moves to crack down on free speech could hamper the city's competitiveness. But many executives ... ( read original story ...)
Emerging markets can still drive global growth
New McKinsey Global Institute research explores how nearly one ... product per capita growth in 71 emerging economies and found that seven— China, Hong Kong, Indonesia, Malaysia, Singapore, South Kore... ( read original story ...)
Mortgage corp eyes infrastructure
Government-owned Hong Kong Mortgage Corporation is considering expanding its business to securitize infrastructure loans, to support the liquidity of different Belt and Road projects, as well as bring ... ( read original story ...)
HSBC appoints new president and CEO for PHL
Prior to this, he also worked in several roles for HSBC in countries like New Zealand, United Kingdom and Hong Kong. Mr. FitzGerald was HSBC’s regional chief operating officer in the United Arab Emira... ( read original story ...)
This Hong Kong Food Startup Hires the Elderly to Package Its Organic Frozen Dinners
Like many large cities around the world, Hong Kong has an age problem: According to a 2016 report by the city’s Census and Statistics Department, 15.9 percent of the city’s population of 7.4 million a... ( read original story ...)
Don’t be put off by a softening property market – Hong Kong can handle it
Amid the sell-off in stock markets around the world last week, an extra shiver of unease accompanied the slide in Hong Kong shares: the fear that local home prices may be about to roll over, exposing ... ( read original story ...)
Hong Kong is Asia’s Fastest Growing Hotel Market in 2018
According to the latest Property Market Monitor released by JLL, Grade A office rents in Hong Kong advanced by 0.7% m-o-m in August, with Wanchai/Causeway Bay posting the strongest growth on the back ... ( read original story ...)
Global Equity Rout Derails IPOs From Spain to Hong Kong, India
OCC Cables Ltd. on Friday said it will no longer proceed with an IPO in Hong Kong due to adverse market conditions. Vehicle fleet operator LeasePlan Corp. fell victim on Thursday, citing market condit... ( read original story ...)
Global Equities’ Rout Derails IPO Plans From Spain to Hong Kong
The volatility in global equity markets derailed more companies’ plans for initial public offerings as stocks in Asia and Europe dropped on Monday and U.S. equity futures pointed to further declines. ... ( read original story ...)
Tesla Has a New 50-Stall Charging Station in Hong Kong
Since Hong Kong’s administration scrapped tax incentives for private ... A previous version of the story corrected the charging time in second paragraph.) To contact Bloomberg News staff for this stor... ( read original story ...)