Hong Kong former leader pleads not guilty over corruption

Hong Kong's former leader Donald Tsang, who ended his term in disgrace after accepting favours from tycoons, pleaded not guilty to bribery charges Tuesday at his high-profile corruption trial. Tsang, 72, held the leadership post of chief executive for ... ( read original story ...)

What can we expect in China in 2017?

As an example, it’s been very popular in 2016 to visit Hong Kong, buy single-premium life-insurance policies (with a value of up to $100 million!) using renminbi, and then use a variety of means to monetize the policy in US dollars. The credit-card ... ( read original story ...)

Hong Kong kept its post as top IPO capital in 2016

It’s been a tumultuous year for global equity markets. Asia’s financial center Hong Kong has been swayed by Brexit, Trump, and Fed rate decisions. The territory also faced domestic headwinds of slumping retail and an overheating property sector. ( read original story ...)

How Hong Kong topped the world in IPO funds raised in 2016

Hong Kong led the world in terms of amount of funds raised by initial public offerings (IPOs) in 2016 despite a substantial decline from 2015, leaving Shanghai and New York a distant second and third respectively, according to PwC. Total funds raised by ... ( read original story ...)

Big guns but no bright lights is Hong Kong's IPO destiny

EVEN if it doesn’t get to host the IPO of Saudi oil giant Aramco, potentially the biggest float of all time, Hong Kong should still be able to maintain its billing as the world’s No. 1 venue for share sales next year. But with limited tech deals on the ... ( read original story ...)

Hong Kong New Year's Day pro-democracy protest draws crowds

Thousands of protesters have taken to the streets of Hong Kong, demanding full democracy. They accuse the government of cracking down on pro-democracy legislators - and say Beijing has interfered in Hong Kong's affairs by interpreting its local laws. ( read original story ...)