Hong Kong has been sizing up the Fintech sector of finance for awhile now. But while Hong Kong is a regional financial powerhouse, when it comes to Fintech innovation they have ceded ground to Singapore. Yet authorities recognize that Fintech has the ... ( read original story ...)
Hong Kong questions Moody’s over Debt Rating Downgrade
Paul Chan, the Financial Secretary of Hong Kong wrote a strongly worded blog on May 28 where he criticized the decision taken by Moody's Investor Services to downgrade the debt rating of Hong Kong during the fourth week of May. Moody's slashed its ratings ... ( read original story ...)
Is Hong Kong’s property market heading for its biggest crash since 1997?
If history is any guide,the long queues of property buyers at Hong Kong’s Tsuen Wan residential project last weekend could be the harbinger of a bubble in the world’s most expensive housing market. Hundreds of buyers packed into Cheung Kong Property ... ( read original story ...)
Why Hong Kong schools have to teach the Basic Law
On May 31, the Hong Kong Education Bureau issued a circular to local schools regarding new secondary education curriculum guidelines. Among the revisions was the inclusion of a new requirement for all schools to provide 39 hours of Basic Law education at ... ( read original story ...)
Jobless Hong Kong man first to plead guilty over rioting in Mong Kok clash
An unemployed Hong Kong man on Friday became the first person to plead guilty to a rioting charge over violent clashes between protesters and police in Mong Kok last year. Ng Ting-kai admitted to taking part in the riot, during which he threw bricks three ... ( read original story ...)
Lotus Exige enthrals Hong Kong Auto Show as Guangzhou Auto reveals export potential of GS8
The inaugural Hong Kong Auto Show presented a wide range of Chinese and international cars at the Hong Kong Convention and Exhibition Centre last weekend. The following five made the strongest impression. The show’s highlight was the Lotus Exige Sport ... ( read original story ...)
Hong Kong stocks cap fourth week of gains
Hong Kong stocks closed higher on Friday, capping a fourth week of gains, as casino operators advanced after Macau’s gaming revenues beat market expectations. At the same time smaller companies led mainland stocks to reverse earlier losses, as the ... ( read original story ...)
Dedicated Hong Kong follower of June 4 events pledges to attend vigils for as long as he can
Born in Taishan, Guangdong province, Wong came to Hong Kong on a steam train at the age of nine. Wong joined the scouts, which he said had made him a caring and committed person. In 1989, he learned from the news that Beijing students were trying to root ... ( read original story ...)
Hong Kong launches IPO support system for start-ups
Hong Kong is looking to boost its fintech scene with an initiative to help tech firms take the right road for their initial public offering (IPO). Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong Exchanges and Clearing (HKEX) have ... ( read original story ...)
Put an end to filibustering, says outgoing Hong Kong CY Leung in appeal to pan-democrats
Hong Kong’s outgoing leader Leung Chun-ying appealed to pan-democrats on Thursday to stop their filibustering as the legislature still had a backlog of items to debate, including at least two major funding requests, before it adjourns for the summer ... ( read original story ...)
If Hong Kong is the ‘City of Protests’, this man is its mayor
Tsang and his “tank” drew a lot of attention as they moved from North Point to Xinhua’s headquarters in Happy Valley – China’s then de facto embassy in Hong Kong – with his fellow protesters. The now 61-year-old activist is one of the leading ... ( read original story ...)
Illegal Tiananmen Square liquor arrives in Hong Kong
HONG KONG — A bottle of forbidden liquor produced last year by Chinese activists to mark the 1989 military crackdown on Beijing's Tiananmen Square has arrived in Hong Kong after a trip around the world. Hong Kong pro-democracy leaders on Friday unveiled ... ( read original story ...)
HKSTP and HKEX Launch Road to IPO Platform
Connecting investors, financial, legal and business experts to nurture top technology companies and accelerate the development of Hong Kong's innovation economy The Road to IPO platform, announced at a conference held at Hong Kong Science Park entitled ... ( read original story ...)
Hong Kong shares rise to near 2-year high on bullish global equities
June 2 Hong Kong stocks closed the week at a near two-year high, supported by an upbeat mood in global equity markets and continuous money inflows from China. Both the Hang Seng index and the Hong Kong China Enterprises Index rose 0.4 percent, to 25,924.05 ... ( read original story ...)