A fast-growing carnivorous fish that was originally bred in a laboratory could be invading Hong Kong waters, environmentalists have warned amid reports of juveniles being caught off the city’s coasts. The Sabah giant grouper, a hybrid species of the ... ( read original story ...)
Hong Kong arm of embattled Chinese conglomerate LeEco ordered by court to wind up business in city
A Hong Kong arm of embattled Chinese conglomerate LeEco was on Wednesday ordered by a court to wind up its business operations in the city. The High Court order came after LE Corporation filed a winding-up petition to liquidate its business in December ... ( read original story ...)
Hong Kong Bourse Plans on Naming First Female Chairman, Source Says
Hong Kong Exchanges & Clearing Ltd. plans to appoint Laura Cha as its next chairman, according to a person briefed on internal discussions at the operator of the world’s fourth-largest stock market. Cha, long seen as the favorite for the job, is likely ... ( read original story ...)
Hongkong Land Is Trading Close To Its 52-Week Low Price: Is It A Bargain Now?
Hongkong Land Holdings Limited (SGX: H78) is one of the companies related to the web of Jardines companies. Hongkong Land is currently trading close to its 52-week low price. This raises a question: is the company trading at a bargain price now ... ( read original story ...)
HNA property unit pledges 41 percent stake as collateral for loan
HONG KONG (Reuters) - A HNA Group unit said it has pledged about 41 percent of the company as collateral for a loan from a Hong Kong private equity firm, part of a slew of fundraising efforts by the Chinese conglomerate to address a liquidity crunch. ( read original story ...)
Computer shops embrace lucrative business: outfitting cryptocurrency miners
motherboards and power supplies in Hong Kong and mines cryptocurrencies in Russia, where electricity is cheaper and the climate is more suitable. The demand for the rigs has added a new dimension to Asia’s tech shopping hubs whose once bustling business ... ( read original story ...)
HNA’s Hong Kong Property Sale Eases the Pain of Shrinking
Who Is Liable To Pay For Rs 11,000-Crore Fraud At PNB? The Nirav Modi Case: How The $1.8 Billion Fraud Detected At PNB Unfolded No More Lies: An Ultimatum for India's Banks MSCI, India's Singapore Ban Just Handed You a Big Whip Ex-Clerk From Noida, Lady ... ( read original story ...)
Oxfam Hong Kong loses 715 donors worth over HK$1.1 million a year as prostitution scandal rocks charity’s British arm
Oxfam Hong Kong has lost 715 local donors in the past 11 days who collectively gave the organisation more than HK$1.1 million a year, as a prostitution scandal involving seven staff members continues to rock the charity’s British arm. The number is a ... ( read original story ...)
Hong Kong to liberalise rules for cross-media ownership in first major broadcasting policy change in 17 years
Restrictions on cross-media ownership in Hong Kong are set to be liberalised, under a government proposal announced on Tuesday to revise broadcasting regulations widely viewed as outdated since they were enacted 17 years ago. A three-month public ... ( read original story ...)
Surging Hong Kong Drove $158B Asia Pacific Property Deal Peak in 2017
Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report by Real ... ( read original story ...)
Hong Kong gold exchange seeks to create gold trading corridor along Belt and Road
The Chinese Gold & Silver Exchange Society (CGSE), Hong Kong’s gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China’s Belt and Road Initiative, according to ... ( read original story ...)
HSBC shares fall in Hong Kong after bank reports 141 per cent profit rise for 2017
HSBC said on Tuesday that its reported pre-tax profit for 2017 stood at US$17.2 billion, up 141 per cent on the equivalent figure for 2016, when the bank booked losses on a number of one-off items. The market, however, reacted badly to the announcement ... ( read original story ...)
Hong Kong Disneyland Proclaims Recovery, as Losses Deepen
Asian theme park, Hong Kong Disneyland is “back on (a) trajectory of growth,” operators proclaimed on Tuesday. But losses in 2017 doubled to $44.4 million (HK$345 million) in the year to September 2017, up from $22 million (HK171 million in 2015-2016). ( read original story ...)
Hong Kong Disneyland falls further into red as losses double in 2017 to hit HK$345 million
Hong Kong Disneyland Resort lost some of its magic on Tuesday when it revealed its financial deficit had more than doubled in 2017 to hit HK$345 million (US$44.1 million). The Lantau Island theme park, in which the Hong Kong government is the ... ( read original story ...)