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 ...)
Hong Kong business delegation visits Cambodia
Sok Chan / Khmer Times No Comments Share: Thomas Chan Kwok Cheung, president of The Hong Kong Institute of Engineers (centre), a member of the business delegation visiting Phnom Penh yesterday. MOC As part of a delegation exploring business opportunities ... ( read original story ...)
FilMart: Chinese Film Investor Er Dong Seeks IPO
The company was making its first appearance at Hong Kong’s FilMart and Monday unveiled an ambitious ... He did not disclose either a date for the anticipated IPO, not the amount of new capital it would seek to raise form the share sale. ( read original story ...)
Hong Kong’s finance chief vows to get tough on private developers if vacancy tax plan goes through
Hong Kong’s financial secretary Paul Chan Mo-po declared on Friday he would have “no fear” confronting private developers if he were to press ahead with a groundbreaking vacancy tax for unoccupied flats in a bid to cool the city’s red-hot property ... ( read original story ...)
Hong Kong’s Tycoons Are Passing Massive Wealth to Their Heirs
Li Ka-shing’s retirement marks end of era for empire builders New generation now faces pressure to run conglomerates wisely The retirement of Hong Kong billionaire Li Ka-shing marks another milestone in a vast wealth transfer now underway from a scrappy ... ( read original story ...)
Hong Kong’s regulator halts initial coin offering, orders Black Cell to return tokens to investors
Hong Kong’s securities regulator has ordered a company that is raising capital through an initial coin offering to halt the fundraising and return all tokens to investors, an unprecedented move to rein in the runaway market for cryptocurrencies. ( read original story ...)
Hang Seng closes flat
Stocks in Hong Kong barely moved today as regional equity markets were mixed. The benchmark Hang Seng Index inched up 0.04 percent, or 11.79 points, to close at 31,513.76. Turnover on the main board amounted to HK$106.22 billion. In mainland China ... ( read original story ...)
Hong Kong business and professional delegation visits Cambodia (with photos)
A 48-strong Hong Kong delegation comprising businessmen and professionals led by the Secretary for Commerce and Economic Development, Mr Edward Yau, arrived in Phnom Penh today (March 19) for the first leg of their visit to Cambodia and Vietnam, meeting ... ( read original story ...)
Hong Kong construction worker, 39, arrested after alleged attempt to grab police officer’s gun
A Hong Kong construction worker was arrested on Saturday night after a failed attempt to snatch a police officer’s gun, just days after another man was arrested over a similar incident. The suspect, 39, allegedly beat his 12-year-old elder daughter with ... ( read original story ...)
Hong Kong’s richest woman sees her wealth halved
Chu's Hong Kong-listed Kingston Financial Group tumbled again by as much as 12 percent on Monday after index provider FTSE Russell removed the stock from its benchmarks, according to Bloomberg News. Monday's crash comes on the heels of a steeper slide ... ( read original story ...)
HKTDC Launches New “Start-up Express” Incubation Programme
HONG KONG, Mar, 19 2018 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) has launched a new incubation programme, Start-up Express, to help start-ups build networks, market business and attract investment. Each of the 10 winners is ... ( read original story ...)
Hong Kong stocks flat as investors await Fed meeting, digest China appointments
HSI flat, HSCE -0.1 pct, CSI300 +0.4 pct HSI financial sector sub-index is flat; property sector down 0.7 percent March 19 (Reuters) - Hong Kong stocks were barely ... term of President Xi Jinping. ** The Hang Seng index was largely unchanged at 31,513.76 ... ( read original story ...)
40,900 new firms set up in Qianhai zone in 2017 but Hong Kong broker tenants still in short supply
Some 40,900 companies were newly registered during 2017 in the zone, which is only an hour’s drive by car from Hong Kong. Of those 164,900, 40 per cent have already started operating, including some major names such as HSBC, Hang Seng Bank and Credit ... ( read original story ...)
Hong Kong’s stocks fall as developers and energy firms retreat
as losses in property developers and energy producers offset gains in China Unicom (Hong Kong). The Hang Seng Index dropped 0.2 per cent, or 65.48 points, to 31,475.62 as trading got under way on Friday, paring the five-day gain to 1.2 per cent. ( read original story ...)