HONG KONG (Reuters) - A former senior Hong Kong police officer was sentenced to three months jail on Wednesday for assaulting a passerby with his baton during the city's massive pro-democracy protests of late 2014. The "Umbrella Movement" demonstrations ... ( read original story ...)
Hong Kong returning to ‘Great’ Britain? You are having a laugh
Showdown as police surround Hong Kong protesters at ‘Civic Square’ after New Year’s Day march However, at the New Year’s Day pro-democracy march in Hong Kong this week, being held aloft was a placard that took the ridiculous biscuit, crumbs and all. ( read original story ...)
Hong Kong Ship Seized By South Korea Carried Bunker Fuel
The Hong Kong-flagged tanker that South Korea seized on suspicion of having transferred refined oil to North Korea was most probably carrying bunker fuel, industry sources told Platts on Wednesday. On Friday, South Korean officials announced that the ... ( read original story ...)
Hong Kong property transactions up 15% in 2017 despite official clampdown
HONG KONG -- The Hong Kong property market seems untameable. Already among the most expensive in the world, Hong Kong properties continued to see strong demand in 2017 despite cooling measures implemented by the government. In 2017, property transactions ... ( read original story ...)
Six ways your Hong Kong banking job will get better in 2018
The new year has arrived. What lies in store if you’re starting a search for a new banking job in Hong Kong? “Foreign banks in Hong Kong will increasingly want to hire relationship managers currently working in South China banking centres like ... ( read original story ...)
Hong Kong may bypass banks to sell investment funds through stock exchange and smartphones
Investors in Hong Kong might soon be able to trade fund products through Hong Kong Exchanges and Clearing as well as their smartphones, as the Hong Kong Investment Funds Association pushes for more sales channels for retail funds, according to its chairman ... ( read original story ...)
Hong Kong stocks off to flying start on the first day of trading in 2018
Hong Kong stocks started the first day of trading in 2018 with a bang. The Hang Seng Index ended Tuesday above the key 30,000 mark for the best finish since November 2007, thanks to a policy boost from the Chinese central bank to support liquidity in the ... ( read original story ...)
Corporate Expansions Driving Hong Kong’s Grade A Office Market
According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% higher than in October 2017. ( read original story ...)
Marks & Spencer sells Hong Kong stores in overseas shake-up
"As one of the world’s leading retail operators, with strong logistics capabilities and local expertise, Al-Futtaim is the ideal partner for us to develop and grow our business in Hong Kong and Macau.” Following the Al Futtaim deal, the last ... ( read original story ...)
Al-Futtaim acquires Marks & Spencer’s retail business in Hong Kong, Macau
Marks & Spencer has offloaded its 27-store Hong Kong business to its long-time franchise partner Al-Futtaim. The British retailer will be selling its stores in the area to long-term franchise partner Al-Futtaim for an undisclosed amount. Dubai-based Al ... ( read original story ...)
Hong Kong property market shatters price records again
Public and private housing blocks are seen in Hong Kong. Private home prices in Hong Kong rose by 1.08% in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released yesterday. ( read original story ...)
Hong Kong eyes blockbuster China tech IPO queue
Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalisation of some $500 billion over the next two years, in a sharp contrast to 2017 – the city’s worst year for raising equity in a decade. ( read original story ...)
Marks & Spencer sells Hong Kong stores as it retreats from overseas markets
The move comes less than two months after M&S spared its Hong Kong operation in a reshaping of its business. It announced the closure of 30 UK stores and is converting 45 more into food-only outlets as it cut back on floor space devoted to its clothing ranges. ( read original story ...)
Hong Kong stocks hit 10-year high; China up on factory activity
Hong Kong stocks rose to the highest level in over a decade on ... Sentiment is also buoyed by a private business survey showing growth in China's manufacturing sector unexpectedly picked up to a four-month high in December as factories cranked up ... ( read original story ...)