Meanwhile, Japan’s Topix bank subindex was up 1.3%. The U.S. rate outlook is important for Asian financial companies as their margins have been under pressure in the current low-rate environment. Meanwhile, Hong Kong’s Hang Seng Index HSI, +0.39% ... ( read original story ...)
City’s financial press fails to deliver the expected value
When the market is good, every media boss in Hong Kong is thinking of expanding financial coverage. It's really the cheapest and least demanding thing to do for a television station or a newspaper. And so, every morning, most of the television channels ... ( read original story ...)
Pro-Beijing lawmakers move to end filibustering in Legco’s Finance Committee
The days of using long-winded debates to block Hong Kong government funding requests could soon be over as the Legislative Council’s pro-establishment camp is close to finalising a plan to restrict filibustering in its finance committee. The delaying ... ( read original story ...)
Hong Kong’s Hang Seng index hits post-financial crisis high
Hong Kong’s Hang Seng index hit its highest point since the global financial crisis on Friday, bolstered by a continued rally in Chinese corporates. From November 2007 to late 2008 the market lost about two-thirds of its value. Since bottoming out in ... ( read original story ...)
Hong Kong football fans boo China national anthem
A group of Hong Kong football fans have booed their national anthem - which the territory shares with mainland China - during a friendly match with Laos. Fans jeered and raised their middle fingers as the anthem played ahead of the game, which Hong Kong ... ( read original story ...)
Small businesses and start-ups in Hong Kong need more than tax breaks to thrive, owners say
Arnault Castel, who owns a small business in Hong Kong, already has plans for the money he will save from a tax cut that the city’s leader is expected to announce next week. Castel owns seven lifestyle stores in the city under the Kapok brand ... ( read original story ...)
Bitcoin boss shares start-up tales and hopes for Hong Kong
Eventually I thought bitcoin is going to change the world and I have to go do it so I got on a plane to Hong Kong.” Two years later, Harrap established his start-up, Bitspark. The remittance payment company accepts fiat currency such as Hong Kong dollars ... ( read original story ...)
Vir Das to perform in Hong Kong for a cause
Production house AGP World is set to bring the stand-up act "Battle Of Da Sexes" on October 15 here. Actor and stand-up comedian Kavi Shastri will start the battle with a 15-minute opening act by talking about evolution from a single cell organism to ... ( read original story ...)
ZhongAn Insurance Starts Trading on the Hong Kong Stock Exchange
The leading Chinese online insurance company, ZhongAn Online Property & Casualty Insurance Co, started trading on the Hong Kong stock exchange earlier today. Its shares jumped to as high as HK$70.50 in early morning trading, compared with the HK$59.70 IPO ... ( read original story ...)
A snapshot of old Hong Kong
Photos never published before offer a unique glimpse of life in Hong Kong in the 1950s. They show a city that was in much less of a hurry than it is today. ( read original story ...)
Hong Kong Stock Market Draws Firm Lead
Among the actives, Industrial and Commercial Bank of China surged 7.93 percent, while Ping An Insurance soared 3.92 percent, China Life spiked 2.15 percent, BOC Hong Kong climbed 1.98 percent, New World Development jumped 1.96 percent, China Mengniu Dairy ... ( read original story ...)
Ince all-in on Greater China
"This has been specifically set up to serve our clients in this area," said Lau, adding that she is particularly well-suited for the role because in her years in Hong Kong, she has served ... The Chinese banks such as ICBC, BOC, Bank of Communications ... ( read original story ...)
Mega-bridge artificial island has big business potential, Lantau group says
“(The island) has potential to become a centre for technological talent and information,” said a statement from the alliance, which consists of companies such as Hong Kong Disneyland and AsiaWorld-Expo that have business interests in the area. The ... ( read original story ...)
Payments Landscape in Hong Kong: Opportunities and Risks to 2021 – Research and Markets
DUBLIN--(BUSINESS WIRE)--The "Payments Landscape in Hong Kong: Opportunities and Risks to 2021" report has been added to Research and Markets' offering. "Payments Landscape in Hong Kong: Opportunities and Risks to 2021", report provides detailed analysis ... ( read original story ...)