His wife has already secured citizenship there through an investment visa scheme and Tam plans to cash out his Hong Kong pension pot and start a business selling Hong Kong snacks. Tam is one of a growing number of people in the city looking for an exit. ( read original story ...)
Hong Kong Small Cap Stock Plunge Wipes Out $6.1 Billion in Value
Lerado said in a June 7 filing that the company is carrying on with its business and doesn’t expect the share suspension to have a material adverse effect on its daily operations. The broader Hong Kong market was resilient to the declines on Tuesday ... ( read original story ...)
Wonderland Villas – a tale of HK’s property rollercoaster
Prices at Wonderland have risen, waned and risen again, as Hong Kong property has swung through boom and bust to become one of the world’s most expensive markets. The lack of affordable housing has become a major political issue for Hong Kong as it ... ( read original story ...)
One Hong Kong, two sentiments after 20 years of Chinese rule
Ahead of the anniversary, state broadcaster China Central Television has been running daily news features extolling what it calls the inextricable ties between China and Hong Kong in fields ranging from sports to the military and the arts. Underneath the ... ( read original story ...)
Hong Kong wealth gap worst in five decades: Oxfam
Income inequality in Hong Kong has hit its highest level in almost 50 years as a red-hot property bubble squeezes the financial hub's most vulnerable and risks fuelling social tensions, Income inequality in the financial hub of Hong Kong has hit its ... ( read original story ...)
Hong Kong: the 20th anniversary of the handover – Q&A
Hong Kong is marking 20 years since the territory was handed from Britain to China, bringing an end to more than 150 years of colonial rule. When the Chinese flag was raised over the city on 1 July, 1997, Hong Kong was not entirely integrated with the rest ... ( read original story ...)
China’s Xi to visit Hong Kong for 20th anniversary of handover
... President Xi Jinping will visit Hong Kong from June 29 to July 1 to mark the 20th anniversary of the handover of the Asian financial hub from British colonial rule to the mainland, the state-run Xinhua news agency reported on Sunday. Hong Kong was ... ( read original story ...)
Hong Kong’s youth press campaign for full democracy
HONG KONG -- When the British handed over Hong Kong to China in 1997, Beijing promised to allow universal suffrage as an "ultimate aim", along with other freedoms, under a "one country, two systems" arrangement agreed with London. That's not going to ... ( read original story ...)
Hong Kong activists hold China protest before Xi trip
The statue symbolises Hong Kong's return to China by Britain [Tyrone Siu/Reuters] Hong Kong pro-democracy protesters have draped a black flag over a statue symbolising the city's return to China by Britain, just days before a visit by President Xi Jinping ... ( read original story ...)
Hong Kong and mainland China have cooperated on healthcare – but new partnership is no instant cure
“We are looking into these developments very closely as they are exciting news. Once Hong Kong’s high-speed raillink is in service, geographic barriers will be cleared. Hong Kong doctors may travel to these areas in less than an hour, and patients from ... ( read original story ...)
Hong Kong’s ageing time bomb a cause for concern
Hong Kong’s men and women also enjoy the longest life expectancy in the world – 87 years for women and 81 for men – implying that more people will be relying on social services paid by a shrinking workforce. In just two decades, the percentage of ... ( read original story ...)
Hong Kong wealth gap at its widest in decades as handover anniversary nears
As Hong Kong marks 20 years since the former British colony was handed back to China, vegetable seller Lau Mei-tin is in no mood to celebrate. Soaring property prices have pushed up rents and had a knock-on effect as businesses raise prices on goods and ... ( read original story ...)
Focus on economy not politics, Chinese vice-president tells Hong Kong business leaders
Chinese Vice-President Li Yuanchao said on Tuesday that Hong Kong had an irreplaceable role to play in national development, urging the city to divert energy from political controversies to economic issues. In a meeting with a delegation of Hong Kong ... ( read original story ...)
The Hong Kong banking jobs where you have no future
The recent wave of redundancies at global banks in Hong Kong had one common characteristic – it was aimed largely at expensive senior staff. While job hunting at the top of the banking tree has always between more difficult than at the bottom, the ... ( read original story ...)