Singapore home prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas SA. “Very significant” income growth will drive the first leg of a recovery in home ... ( read original story ...)
Mandarin Scraps Sale of Hong Kong’s Excelsior; Shares Slump
Pulled sale follows series of record property deals in city Mandarin Oriental International Ltd. scrapped the sale of The Excelsior hotel in Hong Kong after bids failed to meet its expectations, a rare setback in a city where property prices have continued ... ( read original story ...)
CK Hutchison and Ant Financial form strategic partnership to provide digital financial inclusive services in Hong Kong
HONG KONG and HANGZHOU - 26 September 2017 - CK Hutchison Holdings ("CK Hutchison"), a multinational conglomerate spanning over 50 countries, and Ant Financial Services Group ("Ant Financial"), a leading global technology and financial services company and ... ( read original story ...)
FCA’S Hong Kong Hat Trick of FinTech Cooperation Agreements
The UK Financial Conduct Authority (FCA) has completed a hat trick of FinTech cooperation agreements with Hong Kong regulators by signing an agreement with the Hong Kong Insurance Authority (IA). This adds to those agreements already signed by the FCA ... ( read original story ...)
Top Business Leaders Gather As Forbes Global CEO Conference Kicks Off In Hong Kong
Top business and thought leaders from Greater China and around the world have come together in Hong Kong for the 17 th Forbes Global CEO Conference that kicks off today. The gathering is being held against a backdrop of rapid technology change and global ... ( read original story ...)
Bank of China : Lifestyle Expo Promotes Chinese Mainland-Hong Kong-UAE Cooperation
The Belt and Road, together with the upcoming Expo 2020 Dubai, is expected to boost demand for trade, logistics, infrastructure, real estate and financial services in the UAE. Hong Kong and mainland companies can help fill the need by providing services ... ( read original story ...)
Here’s what your risk salary and bonus should be in Hong Kong
In credit risk you can expect a 15% to 20% pay rise if you move to a new bank. “Credit risk has seen a steady flow of openings throughout the year in Hong Kong,” says Leung. “But it’s still an employer-driven job market. Banks are willing to take ... ( read original story ...)
Hong Kong’s spectacular property price rises this year
Hong Kong's housing market is the second best performer in our global house price survey, with residential property prices surging by 19.27% during the year to Q2 2017. This was in sharp contrast with the y-o-y decline of 10.51% during the same period last ... ( read original story ...)
Cult Hong Kong film ‘Infernal Affairs’ to get an Indian remake
Infernal Affairs', the 2002 Hong Kong cult thriller behind Martin Scorsese's Oscar-winning ... The movie won four Oscars including the Best Picture and the Best Director for Scorsese. Get latest news & live updates on the go on your pc with News App. ( read original story ...)
Former Hong Kong gov. talks tensions with China
Hong Kong's former governor, Chris Patten, speaks to CNN's Kristie Lu Stout about what he thinks must be done to ease political tensions with Beijing. CBS News 0:30 42 mins ago ( read original story ...)
British lesbian wins landmark spousal visa case in Hong Kong
A British lesbian has been granted a dependent visa in Hong Kong in what is being seen as a landmark judgement in a city which does not recognise same-sex marriage. Dependent visas, which allow the holder to live and work in Hong Kong, are normally only ... ( read original story ...)
Former Hong Kong leader Donald Tsang pleads not guilty in high-profile bribery trial
Former Hong Kong leader Donald Tsang Yam-kuen began his high-profile ... One woman said she had read the news and might be biased. She was also challenged by Tsang’s defence team and was not required to join the panel. But another man, who said his ... ( read original story ...)
Rule of law and English language are key assets for Hong Kong to win British business in wake of Brexit, says trade chief
Hong Kong businesses and officials need to seize the opportunities created by Britain’s vote to leave the European Union, according to Trade Development Council executive director Margaret Fong Shun-man. Speaking on the sidelines of a trade symposium ... ( read original story ...)
More Hong Kong millennials into mortgage debt
Millennials accounted for 32 percent of total new mortgages in Q2 2017, up from just 19 percent in 2013. With the city’s sky-high property prices, more of Hong Kong’s millennials are taking up mortgages to get on the property ladder, reported the South ... ( read original story ...)