Dec 20 (Reuters) - Hong Kong stocks dipped slightly on Wednesday as weakness in financial and IT stocks offset strength in property and utility plays . ** At close of trade, the Hang Seng index was down 19.57 points or 0.07 percent at 29,234.09. The Hang ... ( read original story ...)
Graft complaints in Hong Kong’s finance and insurance sectors up by 20 per cent, with 177 cases reported this year
Complaints of corruption in Hong Kong’s finance and insurance sectors rose by almost 20 per cent to 177 in the first 11 months of this year, the city’s graft buster revealed on Wednesday, even as it said that this did not point to a worsening problem. ( read original story ...)
Hong Kong stocks up as sentiment buoyed by US tax reform
Dec 18 (Reuters) - Hong Kong’s main Hang Seng index ended Monday firmer while China’s H ... followed by Zhuzhou CRRC Times Electric Co Ltd gaining 2.19 percent and Industrial and Commercial Bank of China Ltd up by 1.79 percent. ( read original story ...)
How I.M. Pei’s Bank of China Tower changed Hong Kong’s skyline
Juan Du is an associate professor at Hong Kong University's Department of Architecture. This year of 2017 marks the 100th birthday of the renowned Chinese-American architect I.M. Pei. From museums to business headquarters, Pei has designed many notable ... ( read original story ...)
Fraudulent website related to The Hongkong and Shanghai Banking Corporation Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by The Hongkong and Shanghai Banking Corporation Limited on fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is ... ( read original story ...)
Saxo Bank appoints CEO, Hong Kong office
SAXO Bank has appointed Matthew Long as a new CEO of the Hong Kong office, effective December 15 2017. Long joins Saxo as an experienced senior executive with 19 years of experience in the financial industry. He has held pivotal senior roles in Macquarie ... ( read original story ...)
HKMA welcomes China Development Bank’s issuance of its first Belt and Road bond in Hong Kong (with photos)
The following is issued on behalf of the Hong Kong Monetary Authority: The Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Norman Chan, visited China Development Bank (CDB) today (December 20) and met with its President, Mr Zheng Zhijie. ( read original story ...)
Hong Kong stocks climb as gain in Tencent outweighs net selling by mainland traders in exchange link
Hong Kong stocks climbed for a second day on Tuesday, as the gain in Tencent Holdings countered the first single-day net selling in four months by mainland investors through the stock connect schemes between the city and mainland China. The Hang Seng Index ... ( read original story ...)
Up to 1,000 domestic helpers affected in Hong Kong ticketing debacle, consulate fears
The Philippine mission in Hong Kong has appealed for those affected by the ticketing fiasco caused by a local travel agency to report their cases to the consulate, as diplomats fear 1,000 potential victims are involved. As of 5pm on Wednesday, 131 people ... ( read original story ...)
KPMG partners face court contempt proceedings in Hong Kong over China audit
Hong Kong and US regulators have been at loggerheads with Chinese ... “They need to comply with the laws in all of the locations where they are doing business.” ( read original story ...)
Hong Kong politician barred from Macau ahead of 18th handover anniversary over security concerns
The vice-chairman of Hong Kong centrist political party Third Side was refused entry to Macau on the eve of the anniversary of the former Portuguese enclave’s handover to Chinese rule. Casper Wong Chun-long, who was travelling with five business partners ... ( read original story ...)
Hong Kong fans flood Twitter in outpouring of grief over death of SHINee lead singer Jonghyun
“SHINee is one of the most popular South Korean boy bands, and they have a lot of fans from around the world, including Hong Kong. The news is shocking not only to their fans but to many K-pop lovers because most, if not all, would have listened to ... ( read original story ...)
Meet the 24 global startups competing at Fintech Finals 2018 in Hong Kong
At the end of January, Hong Kong is hosting its local startup event called StartmeupHK Festival and as part of the celebration, 24 startups will be pitching for a chance to win US$10,000. The pitching challenge is called Fintech Finals 2018 and it is run ... ( read original story ...)
Life after work: Hong Kong employees’ retirement savings fall short by about HK$2 million
Most Hong Kong employees on average are expected to fall short by about HK$2 million (US$260,000) for life after retirement, according to a survey by the Hong Kong Investment Funds Association (HKIFA). Only 23 per cent of Hong Kong employees believe that ... ( read original story ...)