Sign up here to receive our newsletter. When HNA Group Co., the Chinese conglomerate that’s been buying up companies worldwide, spent $3.5 billion in Hong Kong earlier this year on land for its first luxury real estate development, it had no problems get ... ( read original story ...)
Hang Seng
Hong Kong's Hang Seng, however, was muted and added just 8.80 points to close at 27,963.93. Macquarie Group rallied in Sydney trading after the firm delivered a pleasing profit forecast. Shares in Australia's biggest investment bank jumped about 3% after ... ( read original story ...)
What must Hong Kong do to rein in surging home prices?
Hong Kong’s home prices may be surging from one record high to another, but the prospect of reining them in over the next decade may not be as far-fetched as sceptics make it out to be, according to experts. Price corrections however, will also depend on ... ( read original story ...)
Hong Kong stocks end lower, pressured by losses in financials and utilities
The Hang Seng Index slid 0.3 per cent ... and China Construction Bank dropped 1 per cent. Bank of China eased 1 per cent, and AIA shed 0.3 per cent. Utilities also pulled back. Towngas, Hong Kong’s sole supplier of piped gas, dropped 0.5 per cent. ( read original story ...)
Financial globalization hits a more stable, inclusive stride
In this episode of the McKinsey Podcast, McKinsey Global Institute partner ... would be countries like Luxembourg but also the Netherlands, Ireland, Singapore, Hong Kong, and a few others. Janet Bush: Interesting. Eckart, can we assume that the instability ... ( read original story ...)
Nothing wrong with Hong Kong independence posters as long as no advocacy: university head
Putting up posters to discuss Hong Kong independence in universities is acceptable as long as the material does not advocate it, according to the head of a tertiary institution embroiled in the recent banner row. Leonard Cheng Kwok-hon, president of ... ( read original story ...)
Hong Kong IT chiefs having trouble finding talent, poll shows
The government may struggle to implement its “smart city” initiatives, with Hong Kong’s chief information officers saying they are finding it increasingly hard to hire IT workers, according to a poll by an international recruiter. In the survey by US ... ( read original story ...)
Hong Kong mobile operators declare price war in bid for new customers as Apple launches iPhone X
China Mobile, one of the four major mobile operators in Hong Kong, cut its monthly package fee by 25 per cent on Tuesday – the last one to jump into the price war ahead of the latest iPhone launch. CSL fired the first shot last week by offering discounts ... ( read original story ...)
See Hong Kong using the world’s longest outdoor escalator system
Hong Kong (CNN) — Exploring Hong Kong's bustling Central business district on foot can be quite the challenge. The area's hilly landscape, combined with subtropical heat and smothering humidity would test the stamina of a mountaineer. Luckily ... ( read original story ...)
‘Not question of freedom of speech’: Hong Kong leader Carrie Lam takes aim at independence banners and malicious posters
Hong Kong’s leader on Tuesday said the posting of malicious or pro-independence messages on university noticeboards was not a question of freedom of speech, but a constitutional issue of respect for the “one country, two systems” governing formula ... ( read original story ...)
‘Nazis are not welcome here’ protests greet Steve Bannon as Trump’s fired alt-right aide gives speech in Hong Kong to Communist-owned bank – and the press are banned
Steve Bannon was greeted by protesters accusing him of being a racist and a Nazi as he arrived in Hong Kong Tuesday for his first public speech since leaving the White House. The firebrand former aide was speaking at an event hosted by an arm of a ... ( read original story ...)
Hong Kong top string player Andrew Ling says don’t worry, be happy … with music
For Andrew Ling Hin-yau, who has been the leader of the viola section of the Hong Kong Philharmonic Orchestra since 2010, the pursuit of the arts can offer a quiet moment away from life’s worries. Ling, 34, one of the city’s top string musicians ... ( read original story ...)
Anti-racism protesters greet ex-Trump aide Bannon in Hong Kong
Since being ousted from office Bannon has returned to the ultra-conservative news outlet Breitbart, which he headed before joining Trump's team. He has previously worked in Hong Kong and Shanghai. ( read original story ...)
Protest greets former Trump adviser Bannon at Hong Kong investor event
HONG KONG (Reuters) - Protesters outside a luxury hotel in Hong Kong shouted anti-racism slogans on Tuesday ahead of a speech by former White House chief strategist Steve Bannon at an investor conference organized by a unit of China's largest brokerage. ( read original story ...)