HONG KONG (Reuters) - Hong Kong's securities regulator plans to implement a real-time investor identification system around mid-2018 for "northbound" trading under the Stock Connect program with China, its chief said, a move aimed at detecting potential ... ( read original story ...)
Hong Kong’s Stock Investor ID System Set to Start Mid-2018
An investor identity system covering the northbound stock trading link between Hong Kong and mainland China is expected to start in the middle of next year, according to Ashley Alder, chief executive officer of the city’s Securities and Futures Commission. ( read original story ...)
Hong Kong Liberal Party leader wants Legco motion on controversial national security law
Liberal Party chair Tommy Cheung Yu-yan declined to comment on Chung’s motion. In a TV interview in August, Chung said enacting a national security law was Hong Kong’s constitutional duty. He said at the time: “I don’t see any problem if we are to ... ( read original story ...)
Record breaking Chinese brush washer points to demand for Song ceramics in Hong Kong
A diminutive Ru Guanyao brush washer from the Northern Song Dynasty (960–1127) set a new auction record for a Chinese ceramic on 3 October when it sold for HK$294.3m (US$37.7m) (all prices with fees) at Sotheby's Hong Kong. At nearly three times the ... ( read original story ...)
What can you eat for HK$15? Data shows more than 70,000 Hong Kong households fall below baseline
About 71,000 poor Hong Kong households do not have enough money to meet even their most basic food needs, and are surviving on less than HK$15 per meal per person, a study has found. And poor people who do not have public housing are shelling out larger ... ( read original story ...)
In Hong Kong, too much water — and too little — leads to creative solutions
Alok Gupta is a Hong Kong-based freelance journalist who specialises in environment and development issues. This story was published with permission from Citiscope, a non-profit news outlet that covers innovations in cities. More at Citiscope.org. ( read original story ...)
Profits jump for HKMC
The Hong Kong Mortgage Corporation Limited saw first-half unaudited consolidated profit rise 95 percent from HK$296 million in 2016 to HK$578 million in 2017. HKMC said the increase was primarily due to income arising from exceptional gains on investments ... ( read original story ...)
As The Narrative Of HDB Changes, Will Our Relationship With CPF Change Too?
One of the silent unanswered questions is: After the land lease ends for the properties in Hong Kong, what happens ... If HDB Does Not Depreciate, Why 3 Different Mortgage Criteria? Finally, Kok Hoe highlights further validation that home prices do ... ( read original story ...)
Hong Kong Bourse May Extend Monday’s Losses
BOC Hong Kong fell 0.39 percent, New World Development dipped 0.35 percent and Hong Kong & China Gas was unchanged. The lead from Wall Street suggests mild consolidation as stocks showed a lack of direction on Monday before ending slightly lower. ( read original story ...)
Why China’s latest bank reserve ratio cut comes with strings attached
Larry Hu, chief China economist at Macquarie Securities in Hong Kong, said the PBOC had been held hostage to the market’s view that a broad reserve ratio cut equated to loosening, making the central bank reluctant to use the tool. Hu said there were good ... ( read original story ...)
Citi Ventures Invites 60 University Students From Hong Kong to Visit As Part of The Week-Long Fintech Bootcamp At Stanford
Citi Ventures announced on Monday it welcomed 60 university students from Hong Kong to its San Francisco office in September ... partners with entrepreneurs to make strategic investments in start-ups that are developing solutions across Data Analytics ... ( read original story ...)
We will not skip national anthem, says Hong Kong soccer chief as patience wears out with boo boys
The March of the Volunteers will ring out from Hong Kong Stadium on Tuesday night ... Under Fifa rules, it is not necessary to play the national anthem before the start of an international match if both teams and the match commissioner agree. ( read original story ...)
Hang Seng Bank (0011) Declines -0.99% on Oct 9
Hang Seng Bank together with other companies found their audience at this market. This is mainly the reason behind the region’s fast-paced economic growth. In terms of market capitalization, the Stock Exchange of Hong Kong (SEHK) is the third largest ... ( read original story ...)
Honda Aircraft Company Expands HondaJet Sales to China, Hong Kong and Macau
Hong Kong and Macau. "The HondaJet has been received with tremendous interest in and around China and we have appointed Honsan General Aviation HondaJet as a dealer in the region. With its strong focus on quality and customer service, Honsan General ... ( read original story ...)