The Hang Seng China Enterprises Index shows how far the needle on China has moved from greed to fear. Back in January, the gauge of Hong Kong-listed Chinese stocks ... Industrial & Commercial Bank of China Ltd., one of the nation’s biggest companies ... ( read original story ...)
Hong Kong woman jailed for three months after being caught practising Chinese medicine illegally for second time
A woman who failed to learn her lesson after being caught red-handed for practising traditional Chinese medicine without a licence was jailed for three months on Wednesday after being arrested for a second time. Fong Ming-wan, 46, was caught in a sting ... ( read original story ...)
LCQ3: Maximum coverage for mortgage loans provided under Mortgage Insurance Programme
In February 2015, the Hong Kong Mortgage Corporation Limited tightened the arrangements under the Mortgage Insurance Programme (MIP) by reducing the maximum MIP coverage for eligible residential properties from 90% loan-to-value (LTV) ratio to 80 per cent ... ( read original story ...)
With unicorns in the pipeline, Hong Kong IPO markets will be ‘totally different’ in second half of 2018: EY
EY forecasts a total of HK$200 billion ($25.5 billion) in funds to be raised in IPOs in Hong Kong this year. Things are expected to heat up, with tech companies like Xiaomi and Meituan Dianping set to come to market in the months ahead. The first China ... ( read original story ...)
BOC Hong Kong : Statement on phishing email and fraudulent websites
Bank of China (Hong Kong) Limited ("BOCHK") would like to alert its customers and the general public to a phishing email purported to be sent by BOCHK. The phishing email sent out by Bank of China Hong Kong requests customers ... ( read original story ...)
Hong Kong hospital patient, 75, dies after suspected shower attack by caretaker
A 75-year-old patient at a Hong Kong public hospital died after a caretaker allegedly attacked him with a showerhead, causing a wound in his rectum. The victim, who was suffering from end-stage renal failure, complained to staff at Tuen Mun Hospital’s ... ( read original story ...)
Aging Hong Kong Waterfront Gets a Face-Lift
Victoria Dockside’s visionary is a third-generation business tycoon and art patron, Adrian Cheng. The 38-year-old Mr. Cheng, the executive vice chairman and general manager of New World Development, hails from one of the wealthiest families in Hong Kong ... ( read original story ...)
Foreign judges key to success of Hong Kong’s top court, chief justice says
The presence of eminent overseas judges at the city’s top court is a key to the body’s success, Hong Kong’s chief justice has said amid pro-Beijing lawmakers’ concerns. “Non-permanent judges are not in any sense foreign judges. When they sit in ... ( read original story ...)
Libraries’ decision to hide children’s books with LGBT content challenged in Hong Kong court
A gay social activist has asked the courts to review the Hong Kong Public Libraries’ decision to hide 10 children’s books featuring same-sex parents and other LGBT themes from public view. Lee Tak-hung’s judicial review application sought court ... ( read original story ...)
How McKinsey Lost Its Way in South Africa
The firm’s Johannesburg lawyer, Mr. Phiri, resigned, and the head of McKinsey’s Africa practice was transferred to Hong Kong. Mr. Fine, who now leads McKinsey’s worldwide public-sector practice in London, cast the fallout from Eskom in personal terms. ( read original story ...)
In Hong Kong, libraries are pulling children’s books with LGBTQ themes off their shelves
For decades, Hong Kong was a refuge for banned books. The island's bookstores and libraries stocked texts banned in mainland China by the Communist Party. Over the years, that has included political thrillers with undertones of government criticism ... ( read original story ...)
Hong Kong shooting: one killed, three wounded as female bodyguard guns down relatives in inheritance feud
A row over inheritance turned deadly on Tuesday afternoon when a 44-year-old female bodyguard shot dead an elderly aunt and wounded three other relatives during a family meeting in a Hong Kong park. Two of those injured were in critical condition on ... ( read original story ...)
Hong Kong shooting: one killed, one in coma, and two wounded as female security guard guns down relatives in row over inheritance
Tai Koo resident Catherine Yu, 37, a mother of one, expressed concern upon hearing the news. “It is unusual to have these incidents happen here [in Hong Kong],” she said. Luna Lindsay, 42, an American works in Cityplaza, said she was shocked to hear ... ( read original story ...)
4 elderly siblings injured in rare Hong Kong shooting
HONG KONG — Four elderly siblings were shot by a relative in a rare instance of gun violence in Hong Kong on Tuesday that was apparently sparked by a family dispute, police said. The two men and two women, aged 50-72, were shot in the head and arm and ... ( read original story ...)