[HONG KONG] Hong Kong stocks suffered fresh losses after opening on Friday, tracking another sell-off on Wall Street on uncertainty about next week's US presidential election. The Hang Seng Index fell 0.32 per cent, or 71.97 points, to 22,611.54. ( read original story ...)
A renegade photographer got inside this lawless Hong Kong community that was 119 times denser than New York City
Between the 1950s and mid-'90s, tens of thousands of immigrants constructed a towering community 12 stories high across a 6.4-acre lot in Hong Kong. It was called the ... his time in Kowloon Walled City with Business Insider. You can check out the rest ... ( read original story ...)
Hong Kong retail sales slump for 19th consecutive month
Retail sales in Hong Kong slumped for the 19th consecutive month, due in part to the dwindling spending power of visitors from the mainland. Poor stock market performance and uncertainty in the property market also continued to weigh on local private ... ( read original story ...)
Hong Kong startup wants to be Uber of office spaces
Hong Kong startup Booqed is looking to change how organisations utilise spaces and link them with people seeking temporary offices and event venues. The business model emerged out of frustration when the co-founders, who needed a conducive space to conduct ... ( read original story ...)
‘Business of Design Week 2016’ at Hong Kong Convention and Exhibition Centre
“Business of Design Week 2016,” a flagship event being hosted by Hong Kong Design Centre, will take place at Hong Kong Convention and Exhibition Centre from November 30 through December 4, 2016. The conference gets together progressive designers and ... ( read original story ...)
Selling Hong Kong’s stocks at 24,000 is a winning strategy
Hong Kong: A simple strategy for making money out of Hong Kong’s volatile stock market in the past six years is holding true — so far. Selling shares when the city’s benchmark index when it approaches 24,000 and buying when it falls to 20,000 since ... ( read original story ...)
Hong Kong can handle politicians' legal case without Beijing: lawyer
"The Hong Kong SAR government has not requested the Standing Committee of the National People’s Congress to exercise its power of interpretation." Any intervention by Beijing in the case would increase concern about the financial hub's autonomy and ... ( read original story ...)
Hong Kong's parliament: A chaotic show that reveals deeper concerns
When is an oath an oath, and when is a law the law? Right now, in Hong Kong, even such seemingly straightforward questions are subject to heated debate. There's been three weeks of chaos in Hong Kong's legislative council (LegCo), the territory's ... ( read original story ...)
Hong Kong customs seizes HK$28 million worth of smuggled mobile phones, arrests eight suspects
Hong Kong Customs believes it has broken up a newly established cross-border smuggling ring following the arrest of eight people and the seizure of nearly 10,000 mobile phones with an estimated street value of HK$28 million. On Wednesday morning ... ( read original story ...)
Hang Seng Bank: A Resilient Play In Hong Kong, For Now
Hang Seng Bank is the third largest and one of the best managed in Hong Kong, but its financial position slowly deteriorates due to the slowdown in China. In terms of Price/Earnings and Price/Book Value, Hang Seng's stock is very expensive, particularly ... ( read original story ...)
Indonesian women killed in Hong Kong are forgotten at home
JAKARTA, Indonesia – The Hong Kong trial of a British stock trader who murdered two ... They heard the trial had started from reporters and some online news reports. The family is also grappling with the future of Ningsih's son, now 7. ( read original story ...)
Hong Kong commission recommends new sexual offences to offer greater protection to child and mentally impaired victims
A range of new sexual offences proposed by the Law Reform Commission on Tuesday seeks to improve the protection of children and mentally impaired victims, with jurisdiction beyond Hong Kong shores. The 186-page consultation paper with 41 recommendations ... ( read original story ...)
Hong Kong money laundering and terrorism financing reports hit record high
A backlog of suspicious financial transactions in Hong Kong’s banking industry was named as the reason for a dramatic upsurge in reports of money laundering and terrorist financing. The Joint Financial Intelligence Unit (JFIU), a 50-member outfit ... ( read original story ...)
Why Hong Kong must avoid the tyranny of regulation
Their organised lobbies and advocates further complicate the policy environment. Hong Kong is in real danger of travelling down this path. Three aspects of our political arrangement are nurturing it. First, under the Basic Law the government must balance ... ( read original story ...)