Hong Kong’s new justice secretary has been grilled over a controversy surrounding illegal additions to her home that has highlighted concerns about the rule of law in the semi-autonomous Chinese city. Teresa Cheng faced intense questioning in the Hong ... ( read original story ...)
Hang Seng falls the most in 6 weeks on Wall Street retreat, yield spike
The top gainers among H-shares were China Merchants Bank Co Ltd up 2.04 percent ... trading at a premium of 27.68 percent over the Hong Kong-listed H-shares. ** The price-to-earnings ratio of the Hang Seng index was 15.05 as of the last full trading ... ( read original story ...)
European Union flags concern after Hong Kong bars election candidate
HONG KONG (Reuters) - The European Union on Tuesday criticised the ... in mainland China that include an independent judiciary but not a fully democratic vote. News of the disqualification sparked a protest by 2,000 people in the Asian financial hub ... ( read original story ...)
The First “Belt and Road International Food Expo (Hong Kong)” Seeks to Provide New Opportunities for Food Industries Around the World
HONG KONG–(BUSINESS WIRE)–The Belt and Road Initiative (BRI) provides a visionary blueprint for global economy in the 21st century, brings new opportunities to promote prosperity and development of emerging countries and economies along the scheme. ( read original story ...)
Hong Kong Golf Club helps to uphold city’s business-friendly image
In response to your article on the study to reclaim, for housing purposes, the land on which the Hong Kong Golf Club stands (“5,000 flats could be built on Hong Kong golf course, government study finds”, January 7), I wish to express my view from a ... ( read original story ...)
Ping An gears up for IPO of its health care tech unit on Hong Kong stock exchange
Ping An Insurance said on Monday evening that it has got the go-ahead from the Hong Kong exchange to list its health care technology unit on the main board. “The stock exchange has confirmed that the company may proceed with the proposed spin-off and ... ( read original story ...)
Hong Kong’s Exchange Fund posts best returns ever, thanks to global stocks rally
Hong Kong’s Exchange Fund, the city’s reserves and cash war chest for defending its currency’s value, has posted its best investment return ever, thanks to buoyant global stock markets. The Exchange Fund posted total returns of HK$252 billion last ... ( read original story ...)
Hong Kong’s new justice chief dogged by property scandal
HONG KONG – Lawmakers have been grilling Hong Kong's new justice secretary over a controversy surrounding illegal additions to her home that has highlighted concerns about rule of law in the semiautonomous Chinese city. Teresa Cheng faced intense ... ( read original story ...)
Hong Kong lawyers condemn ‘unlawful’ disqualification of candidate
HONG KONG (Reuters) - A group of Hong Kong lawyers on Monday condemned a ban on a democracy activist by the territory's government to prevent her from contesting a by-election, describing it as the suppression of free expression and a curb on voting. ( read original story ...)
Hang Seng’s 7-day win streak snapped as Hong Kong market takes a breather
HSI financial sector sub-index is 0.7 percent lower; property sector down 0.9 percent Jan 29 (Reuters) - Hong Kong’s Hang Seng Index fell on Monday ... The top gainers among H-shares were Postal Savings Bank of China Co Ltd up 5.03 percent, followed ... ( read original story ...)
Fintech startups: A comparison of Israel and Hong Kong
Israel is known as the ‘startup nation’ and more and more entrepreneurs there are turning their creativity to the FinTech arena. With the exception of Silicon Valley, Israel is the world’s top incubator for startups — and fintech is increasingly ... ( read original story ...)
China’s Agile says unit plans $600 mln IPO in Hong Kong
HONG KONG, Jan 29 (Reuters) - China property developer Agile Group Holdings Ltd said it was looking to list its property management unit on the main board in Hong Kong, raising up to HK$4.7 billion ($600 million) to fund investments, acquisitions and ... ( read original story ...)
As M&A deals for Hong Kong insurers triples in 2017, all eyes are now on MetLife
“The insurance market continues to be both appealing and a growth sector especially with regards to mainland related business. The trend for Hong Kong insurers to be takeover targets will continue,” Pogson said. MetLife Hong Kong is reportedly the ... ( read original story ...)
Hong Kong’s Hang Seng Closes at Record High
Meanwhile, Hong Kong stocks look “somewhat on the pricey side,” said Johan Jooste, chief investment officer at Bank of Singapore, in a news conference last week. The Hang Seng trades with a forward price-to-earnings ratio of 13.4, according to data ... ( read original story ...)