Hong Kong, Shanghai: Stocks follow Wall Street down at open

[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 ...)

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 ...)

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 ...)

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 ...)

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 ...)