The Hang Seng Index, the barometer for the Hong Kong stock market, peaked at an all-time high of ... In late 2017, former China Central Bank Governor Zhou Xiaochuan warned that China may risk a "Minsk... ( read original story ...)
Hong Kong Banks, Developers Offer Sweeteners After Rate Increase
BOC Hong Kong (Holdings) Ltd. and CMB Wing Lung Bank Ltd. are offering rebates of up to 2 percent of the loan value for new-home mortgages, the Hong Kong Economic Times reported Thursday, citing unide... ( read original story ...)
Hong Kong-Zhuhai-Macau mega bridge may fail to drive taxi business, cabbies say
The long-awaited opening later this year of southern China’s 55km mega bridge between Hong Kong, Zhuhai and Macau is set to trigger a lucrative boost in business for many firms, but opinions among cab... ( read original story ...)
Hong Kong’s economy to wobble as US-China trade war, high interest rates take their toll, says Standard Chartered
Hong Kong may soon find itself caught in the middle of the US-China trade war. That is the verdict of a report by Standard Chartered Bank, which sees the city’s economic growth taking a hit as the tra... ( read original story ...)
Hong Kong star Andy Lau voices support for land reclamation in promotional video
Hong Kong superstar Andy Lau Tak-wah has thrown his support behind an idea to reclaim 2,200 hectares of land for housing to the east of Lantau Island, in a new video by the think tank that proposed th... ( read original story ...)
Hong Kong Banks Cast Pall Over Property by Raising Rates
HSBC Holdings Plc, Standard Chartered Plc and Hang Seng Bank Ltd. boosted their best lending rates by 12.5 basis points on Thursday, hours after the Hong Kong Monetary Authority raised its benchmark i... ( read original story ...)
Is BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF)’s Fuel Running High? Reports Show Less Sellers
The stock of BOC HONG KONG HOLDINGS LTD. ORDINARY SHA (OTCMKTS:BNKHF) registered a decrease of 0.74% in short interest. BNKHF’s total short interest was 3.52M shares in September as published by FINRA ... ( read original story ...)
One Hong Kong railway station, two Chinese systems
They say it is not the destination that counts as much as the journey. But, on my latest reporting trip, taking the first high-speed train from Hong Kong to Beijing, it was all about the starting poin... ( read original story ...)
Hong Kong bishop fears Chinese Catholic ‘suppression’ to continue despite Vatican pact
HONG KONG (Reuters) - Hong Kong’s leading Catholic cleric said on Wednesday that he feared continued suppression of Catholics in mainland China despite a landmark accord struck last month between the ... ( read original story ...)
Hong Kong home buying demand dampened by borrowing costs, trade war
The anticipation of further interest rate rises appears to be a factor weighing on the market, following the move last week by 11 local banks to tighten mortgage lending rates by 12.5 basis points. Ho... ( read original story ...)
Malay IT player launches Hong Kong IPO
Malaysia's IT company Mindtell Tech launched its initial public offering in Hong Kong's Growth Enterprise Market yesterday with a minimum investment of HK$4,444.34 per lot. The company has set the off... ( read original story ...)
Hong Kong IPOs surge to record high for the third quarter as listings in the rest of the world plunge
Hong Kong attracted the largest number of initial public offerings ever for any single third quarter as the new listing rules implemented in April attracted some big tech flotations, while globally th... ( read original story ...)
Living on a boat in Hong Kong: you can’t forget to buy sugar, everything must be planned and you may need a sampan to get to shore
Going by Hong Kong’s astronomical property prices, airline worker David Jones (not his real name) scored the deal of a lifetime. For HK$2 million (US$255,000), he bought a 1,500 sq ft Aberdeen propert... ( read original story ...)
Start-up shows role Hong Kong can play in mainland hi-tech push
Hong Kong has overcome the lack of natural resources to prosper over the years by adapting to change and seizing opportunities. The latest challenge arises as the city is caught in the middle of a tra... ( read original story ...)