CENTRAL: All firms in Hong Kong face changing business costs, so they should be able to cope with officials’ advance warning to dig deeper into their own pockets to pay employees’ severance and long-service payments, the city’s labour minister said ... ( read original story ...)
Hong Kong’s Apartment Math Should Work for Property Moguls’ New Development At Kai Tak
Two of Hong Kong’s billionaire property moguls have set new records with the lofty prices they’ve paid for land at the city’s former Kai Tak airport. But in the world’s least affordable housing market, who’s to say they won’t come in for a ... ( read original story ...)
US-China trade row a potential blow to the IPO ambitions of Hong Kong and Chinese markets
An escalating US-China trade dispute could be bad news for the initial public share offering ambitions of Hong Kong and mainland Chinese exchanges as companies would be less willing to consider a listing if the markets became volatile, according to ... ( read original story ...)
HSBC Community Day to launch in Hong Kong
As 40 teams descend on Hong Kong to contest three tournaments across four days of sevens action, series sponsors HSBC are gearing up to launch their inaugural Community Day aimed at opening up rugby to more people than ever before. The inaugural HSBC ... ( read original story ...)
HSBC Community Day set for Hong Kong launch
As 40 teams descend on Hong Kong to contest three tournaments across four days of sevens action, series sponsors HSBC are gearing up to launch their inaugural Community Day aimed at inspiring future players and coaches of the game. The inaugural ... ( read original story ...)
How Hong Kong bank employees are mortgaging their life away
It is nothing new for banks in Hong Kong to offer staff mortgages at a below the market interest rate to assist employees to buy property. With the raging property prices, this benefit has never been more significant to banking employees. A friend of mine ... ( read original story ...)
Cycling: Hammer Series aiming to nail it in Hong Kong
Limburg will host another Hammer event in June as part of a series that will start in Stavanger, Norway the previous month and culminate around the streets of Hong Kong. More rounds could be added in 2019. The Hammer Series, contested by five-rider teams ... ( read original story ...)
Hong Kong stocks start 2nd quarter on weak note
HONG KONG (Nikkei Markets) -- Hong Kong shares on Tuesday started the second quarter on a weak note, as a persistent sell-off in U.S. technology stocks and ongoing worries over a global trade war dampened sentiment. The Hang Seng Index had fallen 0.6% to ... ( read original story ...)
As China tightens squeeze, soul searching for Hong Kong’s democracy movement
HONG KONG (Reuters) - Hong Kong's once thriving pro-democracy movement, weighed down by growing pessimism among its supporters over China's ever-increasing control in the city, is facing a crisis of confidence about its future. As China tightens its grip ... ( read original story ...)
Dismissal call piles pressure on Hong Kong academic over independence remarks
HONG KONG (Reuters) - Pressure is mounting on a Hong Kong academic who helped lead pro-democracy protests in 2014, as dozens of pro-Beijing groups ran newspaper advertisements on Tuesday to demand his dismissal for allegedly advocating independence from China. ( read original story ...)
COFCO Property plans to buy control of HK’s Joy City for $2.4 billion
HONG KONG (Reuters) - Joy City Property Ltd (0207.HK) said on Monday COFCO Property Group Co Ltd (000031.SZ) would buy a controlling 64.18 percent stake in the company from Vibrant Oak Ltd for 14.76 billion yuan ($2.35 billion), as part of a reorganization ... ( read original story ...)
8 per cent of Hong Kong retirees used MPF funds to help their children buy property, finds survey
Some Hong Kong retirees are using their Mandatory Provident Fund savings to help their children buy property, according to a survey conducted by the Hong Kong Investment Funds Association. A poll of 600 retired people conducted between July and September ... ( read original story ...)
BOC Hong Kong (Holdings) Ltd. ADR 2017 Q4 – Results – Earnings Call Slides
The following slide deck was published by BOC Hong Kong (Holdings) Ltd. ADR in conjunction with their 2017 Q4 earnings call. 123 Click to enlarge Notes: ( read original story ...)
Beware SG and HK banking recruiters who ask you out for coffee
https://news.efinancialcareers.com/sg-en/273891/candidate-mistakes-asian-banking/ In tightly-knit financial centres like Hong Kong and Singapore it’s common enough for recruiters to meet candidates for causal chats over coffee, even if they can’t offer ... ( read original story ...)