HONG KONG (Reuters) - Hong Kong Chief Executive Carrie Lam said on Friday she shares the compassion of people over the death of Chinese dissident Liu Xiaobo and acknowledged "anxieties" about "incidents" in the former British colony. Lam was speaking in ... ( read original story ...)
Behind Hong Kong’s Stock-Market Surge: An Old Bank and a Millennial Tech Giant
HONG KONG—One is a British bank founded in the 19th century colonial era ... in Tencent Holdings Ltd.—the two biggest stocks by weighting in the benchmark Hang Seng Index—helped push it through the 26000 barrier Thursday to its highest level on ... ( read original story ...)
Hong Kong residents rally against downtown gentrification
Conservation groups in Hong Kong are lobbying against a controversial plan to demolish a cluster of low-rise tenement buildings in the heart of the city. Town planners will be meeting on Friday to consider the proposal, which was made by the Urban Renewal ... ( read original story ...)
Korean startups pitch ideas, appeal to investors in Hong Kong
HONG KONG -- On a small green stage dubbed “PITCH,” one of three judges posed a sharp question to Sunny Choi, chief operations officer of Yana Trip, a travel startup from South Korea, after Choi’s presentation about her company at the RISE 2017 event ... ( read original story ...)
No plans to remove ‘comfort women’ statues in Hong Kong
HONG KONG (AP) — Hong Kong's government said Thursday there are no plans to remove a pair of statues depicting World War II Japanese army sex slaves known as "comfort women" that were erected in front of Japan's Consulate in the Chinese territory. ( read original story ...)
Hong Kong: Plans to demolish WW2-era buildings withdrawn
Conservation groups in Hong Kong are celebrating the withdrawal of a controversial plan to demolish a cluster of low-rise tenement buildings in the heart of the city to make room for high-rise towers. Town planners had been due to meet on Friday to ... ( read original story ...)
Hong Kong stocks close above 26,000 level as PBOC eases liquidity fears
Hong Kong stocks touched a two-year high on Wednesday, led by Chinese financials including Bank of China and Industrial & Commercial Bank of China after the People’s Bank of China injected short-term liquidity into the markets, easing concerns about an ... ( read original story ...)
Razer to target $5-billion valuation in IPO, sources say
Razer Inc. is shooting for a Hong Kong initial public offering that could value the gaming ... It’s sold $1-billion worth of product globally in the past three years, Mr. Tan added. Razer’s IPO would be one of the largest tech debuts in the Asian ... ( read original story ...)
Hong Kong, China most at risk of financial crisis within next three years, bank warns
Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt ... ( read original story ...)
For Hong Kong Public Housing, It Takes a Village
Hong Kong’s Shek Kip Mei area today ... When subscribing to a newsletter edition you'll also get early notice on Tyee events, news, promotions, partner messages and special initiatives. Further to the provision of the Personal Information Protection ... ( read original story ...)
Matthew Fisher: The biggest attraction in Hong Kong this summer is a Chinese aircraft carrier
HONG KONG — Patriotic residents of this former British territory have been agog these past few days over the arrival of China’s first aircraft carrier. The Liaoning anchored last Friday near the Disneyland Resort on the western approach to one of the ... ( read original story ...)
Gaming firm Razer seeks Oct HK IPO at up to $5 billion valuation: source
HONG KONG Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to go public toward the end of October in an IPO that will value the company at up to $5 billion, a person familiar with the deal said on Wednesday. ( read original story ...)
UPDATE 1-Chinese lender Zhongyuan Bank prices $1 bln HK IPO near bottom-IFR
HONG KONG, July 12 (Reuters) - Chinese city commercial lender Zhongyuan Bank Co Ltd priced its Hong Kong initial public offering (IPO) near the bottom of expectations, raising $1 billion to bolster its capital base, IFR reported. The IPO of about 3.3 ... ( read original story ...)
Hong Kong stock rally pushes Hang Seng above 26,000 level
Hong Kong stocks broke through the 26,000 level on Wednesday as they headed for their best week in four months. Gains for banks and technology stocks supported the Hang Seng index on Wednesady ... after the People’s Bank of China reportedly injected ... ( read original story ...)