Bus driver unions in Hong Kong say they would “not rule out” a strike as Friday morning commuters seemed mostly unaffected by a 4,000-strong work-to-rule protest against 14-hour shifts. At one of the city’s busiest interchanges, near the entrance of ... ( read original story ...)
Greater Bay Area leader calls on Guangdong province cadres to take bold steps in cooperation with Hong Kong and Macau
Han’s trip – his first since he took up the vice-premiership in March – coincided with news reports that Beijing would soon unveil details of the bay area development plan for Guangdong, Hong Kong and Macau. Hong Kong Chief Executive Carrie Lam Cheng ... ( read original story ...)
A Payments Battle Is Brewing in Hong Kong
Alipay’s azure blue logos began appearing two years ago in Hong Kong’s airport, greeting travelers from China who rely on the popular payments app back home. In recent months, taxis got them. Now stores and boutiques have them. They’re all signs of a ... ( read original story ...)
Hong Kong volunteer hopes to train more guide dogs for city’s visually impaired
The young canine is one of dozens trained or being trained by charity Hong Kong Seeing Eye Dog Services to lead blind and visually impaired people. Raymond Cheung Wai-man, who set up the organisation in 2012, said the guide dog development and training ... ( read original story ...)
UBS combines China, Hong Kong banks as it fights to keep licence in world’s biggest IPO destination
UBS, which is appealing against a decision barring it from sponsoring stock market listings in Hong Kong, is restructuring its investment banking department by combining its China and Hong Kong arms, according to an internal memo seen by the South China ... ( read original story ...)
Hong Kong’s MPF pension holders ‘could save HK$200 million’ under new charter
Launched in 2000, the MPF covers 2.8 million workers and self-employed people in Hong Kong, but has come under regular criticism for charging high fees on top of poor investment returns. Struggling financial markets have not helped recently, with investors ... ( read original story ...)
Benny Tai accused of turning Hong Kong’s streets into ‘rivers of blood’ by pro-Beijing lawmakers during heated independence debate
One of the harshest comments came from lawmaker Holden Chow Ho-ding, who accused the activist of turning Hong Kong’s streets into “rivers of blood”. Pro-democracy lawmakers hit back and said the debate was just a pretext to pave the way for national ... ( read original story ...)
Hong Kong overtaken by US as world’s most competitive economy due to declining standards in education, health and the environment
Hong Kong’s decline in education, health and the environment means the city is no longer the world’s most competitive economy, according to the latest rankings from the IMD World Competitiveness Centre. The United States, meanwhile, jumped three places ... ( read original story ...)
Carrie Lam to work with Beijing on ways to stop mainland Chinese security forces attacking Hong Kong journalists
Hong Kong’s leader on Wednesday said the government would work ... came just four days after another reporter, Chan Ho-fai of i-Cable News, was attacked by two men while covering the 10th anniversary of the Sichuan earthquake. At the Legislative ... ( read original story ...)
Property purchases in Hong Kong rise to US$38.2 billion, a 21-year high for first five months
The frenetic buying of homes, offices and car parks has lifted the total spend on property to HK$300.2 billion (US$38.2 billion) in less than five months this year, the highest level in the past 21 years, according to Hong Kong brokerage Midland Realty. ( read original story ...)
Hong Kong’s $9bn currency defense adds to property market risks
HONG KONG -- Financial authorities here have intervened to buy 70.4 billion Hong Kong dollars ($8.96 billion) since April to prop up the currency, in effect tightening monetary policy in an economy particularly sensitive to U.S. interest rate moves. ( read original story ...)
Now Hong Kong banking recruiters want to hire you if you’re NOT a perfect match to the job
In a bid to boost their technology ranks, recruiters at banks in Hong Kong now want to hire more tech professionals whose skills aren’t yet a complete match to the job desciption. Technology is now at the forefront of banks’ local headcount plans, but ... ( read original story ...)
Hong Kong’s FactWire Startup Takes Novel Approach: No Editors
In an age when trust in the media is in peril, FactWire crowdfunded $600,000 when it started out in 2016 with the promise of a simple vision — investigative journalism based on fact, not opinion, and not beholden to business or political interests of any ... ( read original story ...)
China, Hong Kong stocks fall as coal miners slump
In Hong Kong, the Hang Seng index dropped 1.0 percent to 30,909.01, while the Hong Kong China Enterprises Index lost 1.3 percent to 12,194.86 points. ** Investors were also cautious after U.S. President Donald Trump tempered optimism over progress made so ... ( read original story ...)