In an interview with Bloomberg News in June, the HKEX chief said additional trading links, including those for ETFs, derivatives and commodities, would see Hong Kong become a “global deployment center’’ for Chinese wealth. He added that the IPO link ... ( read original story ...)
Mainland official agrees with Hong Kong poll ban for anyone decrying ‘one-party dictatorship’
Concerns over further political vetting in Hong Kong elections mounted on Tuesday as a mainland official said city residents who call for an end to “one-party dictatorship” in China might be disqualified from running for local office. Chen Sixi ... ( read original story ...)
Hong Kong gets its own news aggregator app
Hong Kong has witnessed the launch of a news aggregator app called ‘Hong Kong Headline’. The mobile app has sparked chatter that it could pose a threat to traditional media, particularly the free newspaper Headline Daily. The new ‘Hong Kong ... ( read original story ...)
Hong Kong Regulator Shuts Down ‘Black Cell’ ICO
Whilst the SFC has in the past issued warnings to companies, today’s news marks the first intervention to shut down an ICO in Hong Kong. Black Cell Technology are developing a mobile-based food marketplace named Krops, which they believe will simplify ... ( read original story ...)
Hong Kong taxi drivers threaten to ‘defend’ their rights if police don’t crack down harder on Uber
Hong Kong’s taxi driver alliance on Tuesday dug in its heels over ride-hailing services, claiming that police had promised to come down harder on Uber and warning that if enforcement was lax, cabbies would act to “defend” their rights. The ... ( read original story ...)
Next on Hong Kong’s property market: flats with one fireproof shelter per floor
The first private housing estates featuring fireproof shelters on each floor, which will give elderly or disabled people a place to hide if a blaze breaks out, are expected to go on sale in the second half of this year, the Post has learned. But having ... ( read original story ...)
Hong Kong Real Estate Is Unsinkable but Property Stocks Are Treading Water
Hong Kong’s red-hot property sector isn’t showing signs of cooling, but shares of local real-estate developers aren’t keeping pace. Home prices in the city of 7.4 million people have nearly tripled since 2009, jumping nearly 17% last year alone ... ( read original story ...)
Hong Kong stocks barely changed ahead of Fed meeting
At close, China’s A-shares were trading at a premium of 26.18 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 13.49 as of the last full trading day while the dividend yield was 2.7 percent. ( read original story ...)
Hong Kong’s private sports clubs told to pay higher land costs reflecting market rates – but only from 2027
After years of cushy rental deals from the government, Hong Kong’s elite sports clubs operating 27 facilities will have to stump up one-third of the market value of each site to renew their leases – but this rule will only kick in nine years later in 2027. ( read original story ...)
Hong Kong Stock Market Holds Out Hope for Aramco Listing
... he believes Saudi Arabian state-owned oil giant Aramco will eventually need to list in Hong Kong, despite news that its highly anticipated initial public offering is likely to take place on its domestic market. Charles Li, chief executive of Hong Kong ... ( read original story ...)
Hong Kong Trade Finance Platform Qupital Signs Financial Strategy Agreement With Alibaba
Qupital, a Hong Kong-based trade finance platform, announced last week it has signed a financial strategy agreement with Alibaba. According to Qupital, The collaboration enables qualified Gold Supplier members of Alibaba to free up working capital ... ( read original story ...)
How I boosted my entrepreneurial skills and founded a Hong Kong start-up
Salandra, who was born in El Salvador, started out working as an intern at Google, before moving on to IBM and then fitness app start-up Runtastic. He came to Hong Kong in 2015 to do his MBA, where the CUHK alumni introduced him and other students to CEOs ... ( read original story ...)
Small companies in Hong Kong, China rank top of the class in using technology to achieve growth, CPA survey finds
Hong Kong and mainland China’s small business operators are more willing to invest and make use of technologies in their operations than Singapore and Australia, a strategy that helps them to achieve better growth, according to a survey of CPA Australia. ( read original story ...)
Speech by SCED at “Hong Kong: Your Partner in Exploring New Business Opportunities” business luncheon seminar in Cambodia (English only) (with photos)
Following is the speech by the Secretary for Commerce and Economic Development, Mr Edward Yau, at the "Hong Kong: Your Partner in Exploring New Business Opportunities" business luncheon seminar in Phnom Penh, Cambodia, today (March 20): Mr Yum (Chairman of ... ( read original story ...)