In some instances, they have been forced to pay tariffs when moving lab machines and equipment outside of Hong Kong. So, a report by state news agency Xinhua earlier this month revealing that President Xi Jinping had pledged to make the city an ... ( read original story ...)
Lawmaker Eunice Yung’s brief apology to Hong Kong’s domestic workers ‘just not good enough’ says migrant leader
Pro-establishment lawmaker Eunice Yung Hoi-yan briefly apologised to Hong Kong’s domestic workers on Sunday, and was immediately criticised for not going far enough. The New People’s Party legislator said sorry after offending many of the city’s ... ( read original story ...)
Massive beach clean-up for Hong Kong sea turtles
More than two thousand volunteers hit the beach on an outlying island of Hong Kong for a mass rubbish clean up Sunday as environment campaigners warned plastic is killing sea turtles and other wildlife. There has been increasing concern over the amount of ... ( read original story ...)
Hong Kong eyes mainland tax exemption for small group of professionals, boost for biotech industry
A small group of Hong Kong professionals, such as university professors, who work on the mainland for more than 183 days per year may be exempt from paying higher mainland Chinese salaries tax under new arrangements, according to the city’s financial ... ( read original story ...)
Tencent-backed electric car startup NIO files for IPO, sources say
HONG KONG—NIO, the Chinese electric vehicle startup backed by Tencent Holdings Ltd., has filed confidentially for a planned U.S. initial public offering, people with knowledge of the matter said. The Shanghai-based carmaker has submitted an initial ... ( read original story ...)
Hong Kong is second largest market in the world for smuggled endangered black spotted turtles, report finds
Hong Kong has become the second largest market for smuggled endangered black spotted turtles, an international report published on Monday found. Customs and police officers in Hong Kong seized 1,775 black spotted turtles – 17 per cent of the overall ... ( read original story ...)
HONG KONG | European stocks drop amid Italy uncertainty, oil falls again
HONG KONG — European stock markets slipped Monday after small ... ANALYST TAKE: “The euro has had a rough go lately, reflecting a firehose of negative news headlines. It started with the loss of data momentum and now political risks have injected ... ( read original story ...)
Finance chief Paul Chan wants Hong Kong to mirror success of Guizhou, one of China’s poorest provinces
Two of Hong Kong’s top ministers vowed to turn the city into China’s premier financial and technology centre, in the same way that mainland cities such as Shenzhen and Guiyang have succeeded in transforming themselves into the country’s innovation ... ( read original story ...)
HSBC Can Feast on Deutsche Bank’s Pain
Tellingly, Hossein Zaimi, named by HSBC to run its global equities business last year, is based in Hong Kong and not London, the location of his predecessor. Two of the bank’s five biggest and fastest-growing markets — Hong Kong and China — are ... ( read original story ...)
HSBC raises deposit rates
Janice HuangHSBC (0005) will increase both Hong Kong dollar and US dollar time deposit rates.On Hong Kong dollar time deposit rates, HSBC is to raise the six-month rate from up to 1.35 percent a year to up to 1.6 percent a year and 12-month rate from up to ... ( read original story ...)
Seabelo Senatla rejoins Blitzboks after Hong Kong Super Rugby dalliance but Fiji still look like Sevens World Series champions
South Africa have turned to their all-time top try scorer as they look to resurrect a season on the slide in the HSBC Sevens World Series ... in the first Super Rugby match to be played in Hong Kong, sevens superstar Seabelo Senatla is back in the ... ( read original story ...)
Hong Kong Sevens wizard Seabelo Senatla to cast a spell over Sunwolves in city’s first Super Rugby clash
He’s spent years tearing up the Cathay Pacific/HSBC Hong Kong Sevens with the Blitzboks and now scintillating winger Seabelo Senatla is out to give the city’s first Super Rugby game a carnival feel. Long one of the key components of South Africa’s ... ( read original story ...)
HSBC headhunts equities experts
Others joining HSBC in Hong Kong include Edman Won... HSBC Holdings (0005) is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG and Citigroup Inc, according to sources. ( read original story ...)
HSBC said hiring from Deutsche Bank, Citi for Asia equities
HONG KONG: HSBC Holdings plc is continuing a hiring spree for its equities business in the Asia-Pacific region, recruiting executives from firms including Deutsche Bank AG and Citigroup Inc, according to people familiar with the matter. HSBC has hired ... ( read original story ...)