Nikkei Asian reported that Mongolian state company controlling one of the world's largest coal mines plans to raise up to USD 3 billion in a public stock offering in Hong Kong this year. ( read original story ...)
‘Godfather of Hong Kong politics’ Chung Sze-yuen once described by top British adviser as ‘not reliable’
He may have been the “godfather of Hong Kong politics”, but the late Chung Sze-yuen was once described by a top British government adviser as “not reliable” in his judgment of the central government d... ( read original story ...)
Hong Kong’s ‘Orderly’ Home-Price Declines Welcomed by Finance Chief
Hong Kong’s finance chief welcomed the city’s decline in home prices since August and said that officials have no plans to relax housing market curbs. “We are glad to see that the property market is c... ( read original story ...)
Hong Kong, China stocks fall on worse-than-expected trade data out of China as trade war bites
Worse-than-expected trade data out of China deepened a morning slide in Hong Kong and mainland stocks ... concerns over increasing obstacles Huawei will face in conducting business in Europe, where ma... ( read original story ...)
Hong Kong property agency boss arrested after allegedly selling derelict US homes at inflated prices
Hong Kong police have arrested five people from one of the largest Hong Kong real estate agency specialised in overseas properties, including its managing director, after at least 28 Hongkongers accus... ( read original story ...)
The re-returnees: They came to Hong Kong for the hustle. Now, with China encroaching, they’re coming back to Canada
Hong Kong’s participation in China’s economic rise has helped make the city wealthy. But it has also made Mandarin an increasingly important language for those in business and banking, tilting advanta... ( read original story ...)
Hang Seng Bank’s Alan Luk Believes Trust and Relationships are Keys to Success
The value proposition that Hang Seng Bank represents has special appeal to Hong Kong-based, Chinese, first- or second-generation HNWI investors, according to Luk. “For these customers, reputation is e... ( read original story ...)
Hong Kong self-driving start-up AutoX in talks to raise US$100 million funding
Hong Kong-based autonomous driving start-up AutoX is in talks with investors to raise a new round of funding to finance its research and development into self-driving cars. The company said it is in t... ( read original story ...)
Hong Kong’s first new residential property launch of 2019 gets off to a good start after developer cut prices by up to a third
Hong Kong’s first sales launch of a new residential property project in 2019 got off to a good start, as China Overseas Land and Investment sold most its latest apartment complex in Tai Po with steep ... ( read original story ...)
Hong Kong residents fed up with influx of mainland Chinese tourists call on government to stop them visiting more than once a month
The number of mainland Chinese tourists allowed to visit Hong Kong must be capped, concern groups and residents in districts frequently disturbed by them said on Sunday. The government was also urged ... ( read original story ...)
Debt-saddled HNA Group sued for HK$8.3 million in costs relating to surrender of Hong Kong office space
Embattled HNA Group is being sued by its office landlord in Hong Kong’s main business district over a debt of about HK$$8.3 million (US$1.06 million), according to a writ filed with the city’s High Co... ( read original story ...)
Investing for good? It’s age and not income that counts, say findings from Hong Kong’s investment funds body
It is not how much you make, but how old you are that determines your appetite for sustainable investing, according to a survey by the Hong Kong Investment Funds Association released on Sunday. Nearly ... ( read original story ...)
Hong Kong taxpayers asked to cough up further HK$17.5 billion for huge basement complex under West Kowloon Cultural District
Lawmakers were set to demand answers on Monday as to why Hong Kong taxpayers would have to cough up another HK$17.5 billion for a huge basement complex under the city’s new cultural district. At a mee... ( read original story ...)
Hong Kong’s tunnel toll plan a good start, but only fewer cars will solve congestion
Secretary for Transport and Housing Frank Chan confirmed that the Central-Wan Chai bypass, which directly links Central with North Point and is designed to alleviate the constant congestion on Glouces... ( read original story ...)