Hong Kong’s smart banking push got a big slap down after the Hong Kong Monetary Authority ordered e-wallet operators to suspend auto transfers via the recently-launched Faster Payment System to top-up ... ( read original story ...)
Hong Kong Connects to the Mainland
Hong Kong’s people have shown themselves less than overwhelmed ... But the integrated civil servant/big business elite preferred its own interests to addressing traffic and pollution problems, let alo... ( read original story ...)
Bank of Canada’s economic cheer will be painful for some: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and t... ( read original story ...)
No Help Yet For Hong Kong Stock Market
BOC Hong Kong and Sands China both shed 0.90 percent, Tencent Holdings lost 0.72 percent, Sung Hung Kai Properties fell 0.69 percent, China Mengniu Dairy slid 0.63 percent, WH Group dipped 0.35 percen... ( read original story ...)
Hong Kong’s Worst Run of Monthly Losses Since ’82 Looks Certain
That year, talks between China and the U.K. about the city’s future sparked panic across financial markets, triggering a sharp depreciation of the Hong Kong dollar. To help contain the turmoil, the cu... ( read original story ...)
Hong Kong-Zhuhai bridge: World’s longest sea crossing opens to quiet start
The world's longest sea crossing bridge opened to the public on Wednesday but traffic was light on its first day. Officials said they did not expect many vehicles to immediately take to the road, addi... ( read original story ...)
CLP to buy assets to expand, as it aims to be the first Hong Kong utility to sell shares in India IPO
CLP Holdings, the larger of Hong Kong’s two power utilities, aims to double the size of its India unit via acquisitions and new-build projects in the next five years and list it on the local bourse, a... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) mixed between positive and negative territory
Meanwhile, Hong Kong’s Hang Seng index slipped 0.38 percent to close at 25,249.78. Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the ... ( read original story ...)
Tokio Marine shuts Hong Kong business, bemoans challenging market
Tokio Marine Kiln (TMK) has unveiled a drastic reorganisation of its Asian operations, which includes closing its Hong Kong office with immediate effect, citing challenging market conditions. The comp... ( read original story ...)
Hong Kong residents see world’s longest sea bridge as infrastructure propaganda from China
But many in Hong Kong don't see this bridge as a good thing. They view it as the Chinese government tightening its grip on the former British colony, reports CBS News correspondent Ben Tracy. The offi... ( read original story ...)
Hong Kong property magnate Walter Kwok dies, aged 68
Walter Kwok Ping-sheung, former chairman of Sun Hung Kai Properties, died at Hong Kong Adventist Hospital on Saturday morning two months after he was hospitalised following a stroke. Kwok, 68, was adm... ( read original story ...)
Lawmaker Takes Loan at 18% Interest to Buy Hong Kong Property
Just how attractive is Hong Kong property? A stock exchange filing from Tuesday evening shows that some people will continue to pay up for the chance to buy in. Hong Kong businessman and lawmaker Pete... ( read original story ...)
5 top areas in Hong Kong where investors love to buy properties
Hong Kong’s red-hot luxury property market attracts some of the top international property investors. These buyers have their own preferred areas where they like to invest. The Peak, for example, enti... ( read original story ...)
Hong Kong Developers Consider $6 Billion Debt for Housing Project
A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in t... ( read original story ...)