The sources said Tse – a surveyor with close ties to Beijing’s liaison office and Hong Kong’s property developers – changed his mind amid mounting criticism the past two days as news spread he could join Lam’s team. The line-up may not be young ... ( read original story ...)
China’s Dahua Tech plans up to $1 billion Hong Kong share sale: sources
Dahua Tech had said in March it planned to apply for offering up to 724.85 million shares in Hong Kong, but had not provided details on the timeline as well as how much it was hoping to raise through the issuance. The company, which has a presence in about ... ( read original story ...)
University launches overseas promotional drive to lure non-mainland foreign students to Hong Kong
A Hong Kong university is launching an overseas promotional drive in an effort to more than double the number of non-mainland foreign student admissions within the next five years. Hong Kong Baptist University (HKBU) vice president in teaching and learning ... ( read original story ...)
Happy happy ding ding? Hong Kong’s iconic trams get image overhaul after 43 years
Hong Kong’s iconic trams will soon display a new smiling logo as the operator looks to reshape its visual identity to attract more passengers. The old design, which has been in use for 43 years, is being replaced on trams and signposts over the next two ... ( read original story ...)
Hong Kong champion Able Friend retires as tendon problem flares up again
HONG Kong champion Able Friend has been retired and will return to Australia where he will spend his days at the Ramsey family’s Turangga Farm in NSW where he was born. The highest-rated horse to race in Hong Kong, Able Friend will be farewelled at a ... ( read original story ...)
BOC Aviation buys six Airbus aircraft for $1.05 billion
HONG KONG BOC Aviation Ltd on Friday said it would buy six new aircraft from Airbus for an aggregate list price of $1.05 billion as the aircraft lessor builds its balance sheet by investing in modern, efficient and in-demand aircraft. The Hong Kong-listed ... ( read original story ...)
BOC Aviation : Unit Agrees to Buy Six New Aircraft From Airbus
The subsidiary of BOC Aviation (Cayman) Ltd. has entered into an agreement with Airbus to buy two new A320neo aircraft, two new A321neo aircraft and two new A330-900 planes, the Hong Kong-listed company said in a stock exchange filing on Friday. ( read original story ...)
BOC Aviation buys six Airbus aircraft for $1.05 bln
HONG KONG, May 26 (Reuters) - BOC Aviation Ltd on Friday said it would buy six new aircraft from Airbus for an aggregate list price of $1.05 billion as the aircraft lessor builds its balance sheet by investing in modern, efficient and in ... ( read original story ...)
Hong Kong Becomes Collateral Damage After Moody’s China Cut
Hong Kong saw its debt rating cut by Moody’s Investors Service hours after China’s downgrade, highlighting potential risks from a tightening economic integration. The former British colony has seen not only its property and stock markets increasingly ... ( read original story ...)
Hong Kong’s Downgrade on China Masks Signs of Local Health
While Chinese stocks spiked lower on Wednesday’s downgrade -- before rebounding amid speculation of intervention-- equities in Hong Kong shrugged off the news, keeping to a trend that’s made the city’s stocks among the best performers in Asia this year. ( read original story ...)
Hong Kong could expose itself to bigger financial risks with growing involvement in ‘Belt and Road’ plan, Moody’s warns
Hong Kong could face bigger financial risks and see its credit ratings drop further with its growing involvement in China’s plan to open up trade along a new Silk Route, according to the writer of a report issued by Moody’s, which downgraded the city ... ( read original story ...)
Samsung battles Apple in SAR
namely DBS Hong Kong, BOC Hong Kong, Citibank and Dah Sing Bank.Samsung Pay directly challenges Apple Pay, launched last year in partnership with some of the SAR's largest banks - HSBC, ... The global battle between Apple and Samsung shifts to Hong Kong ... ( read original story ...)
Late-comer Samsung Pay goes live in Hong Kong
BOC Credit Card, a unit of Bank of China Hong Kong, said customers who pay with Samsung Pay using its Visas or Mastercards will be eligible for discounts at retailers Mannings and 7-Eleven. Citi is offering customers free Samsung Galaxy S8s and a cash ... ( read original story ...)
Moody’s downgrades Hong Kong credit rating after China cut
Moody's decision to cut its credit rating for Hong Kong soon after downgrading its China rating on worries about rising debt levels drew an objection Thursday from the business hub's financial chief. Financial Secretary Paul Chan said he strongly disagreed ... ( read original story ...)