Hong Kong & China Gas contracted 0.89 percent, CITIC spiked 0.85 percent, New World Development shed 0.63 percent, China Petroleum and Chemical (Sinopec) lost 0.60 percent, CNOOC climbed 0.60 percent, ... ( read original story ...)
McKinsey advocates continued opening of China’s financial markets
and the various stock connect and bond connect programs with Hong Kong. On regulations, there is also increasing relaxation of foreign ownership limits in various financial areas, including asset mana... ( read original story ...)
Hong Kong company sorry after ‘vacuum cleaner for her’ HSBC Valentine offer
LONDON (Reuters) - Hong Kong telecoms company HKT apologized after a Valentine’s day deal it sent to HSBC staff offering discounted laptops “for him” but vacuum cleaners and kitchen ... ( read original story ...)
Hong Kong’s ‘Long Hair’ lawmaker fails to overturn legislature ban
A veteran former Hong Kong lawmaker known for his long hair, Che Guevara t-shirts and colourful protest stunts failed on Friday to overturn a ban on him standing for the city's legislature. Leung Kwok ... ( read original story ...)
Asian Leg of Longines Masters Series Launches in Hong Kong
The Longines Masters Series continues its journey through the most iconic cities in the world with a visit to China’s AsiaWorld-Expo for the seventh edition of the Longines Masters of Hong Kong from F... ( read original story ...)
Hong Kong’s super rich see $20 billion in fortunes wiped out in 2018
Her wealth via financial powerhouse Kingston Financial was especially vulnerable to the torrid trading on Hong Kong’s stock market which plunged 9.4 per cent last year. Galaxy Chairman Lui Che ... ( read original story ...)
Encourage Hong Kong employees to raise voluntary MPF contributions with tax incentives, says advisory body
Employees contributing to Hong Kong’s Mandatory Provident Fund should be given tax incentives to encourage them to increase their contributions, according to a report released by the Financial Service... ( read original story ...)
Hong Kong seizes $1m of rhino horn in record airport haul
Hong Kong (AFP) - Two men carrying at least 24 severed rhino horns were arrested in Hong Kong airport by customs officers who said it was their largest ever seizure of rhino contraband smuggled by air ... ( read original story ...)
Hong Kong Airlines pulls out of New Zealand
Hong Kong Airlines will quit flying to Auckland from near the end of May. The airline says it is ''making adjustments'' to its business strategy to better respond to market forces and operational cond... ( read original story ...)
Hong Kong office space rents ‘to further soften as US-China trade war lingers’
Hong Kong is likely to keep its crown as the world's most expensive ... “I think the leasing market overall is still strong but the Central business district has probably reached the peak. The rental ... ( read original story ...)
The Hong Kong property bubble that won’t burst
Hong Kong has been deemed the world’s “least affordable” housing market for nine straight years, according to a major survey. Don’t be surprised if nine becomes ten. A decade of eye-watering growth pu... ( read original story ...)
Hong Kong focused on preventing cyberattacks this year
CYBERSECURITY in organizations needs to lock up tighter. Cybercrimes are on a dramatic rise in Hong Kong with the banking sector at its center. As more digital banking solutions are introduced, cybers... ( read original story ...)
Better than expected export figures for January fail to boost Hong Kong, Shanghai indices
The Hong Kong stock market shed some of the gains made this week to ... Chinese Vice-Premier Liu He and People’s Bank of China governor Yi Gang will continue their meeting with US Trade Representative ... ( read original story ...)
Hong Kong banks need to increase anti-cybercrime efforts, says exec
If Hong Kong wants to combat cybercrime and protect the interests of consumers, it needs to boost its efforts to contain the dramatic increase in cyber attacks, a senior banking executive in the city ... ( read original story ...)