Hong Kong’s luxury real estate may be the most expensive in the world, but uber rich international buyers will continue to buy luxury properties in the near future as the SAR is considered a safe haven, a top US-based property expert says. Stephanie ... ( read original story ...)
China Set to Overtake Hong Kong as Thai Property Developer’s Top Foreign Market
Sansiri Pcl, one of Thailand’s largest property developers by sales, sees China becoming its biggest foreign revenue source as early as this year, the latest sign that the world’s largest property-buying binge is undimmed by China’s tighter capital ... ( read original story ...)
Gym of Choice for Hong Kong Financial Elite Is Seeking a Buyer
Owners of Pure Group, the billionaire-backed gym chain catering to Hong Kong’s financial elite, are seeking a sale that could value the company at as much as $500 million, people with knowledge of the matter said. Pure Group investors, including buyout ... ( read original story ...)
Hong Kong stocks nudge higher led by AIA Group
Hong Kong stocks rose in early trading on Tuesday, looking likely to extend a three-day win streak after hitting the highest close in nearly 10 years. The Hang Seng Index was up 0.1 per cent to 28,713.57 in early trades. On Monday, the Hang Seng Index rose ... ( read original story ...)
Hong Kong tops list of Asia’s most expensive cities for a luxury lifestyle
Hong Kong also ranked among the most expensive in Asia to take a business class flight, have a fine dining experience or receive Botox injections, although the city fared well when it came to buying jewellery, coming in 11th, and ranked 10th for wine and ... ( read original story ...)
Hong Kong ‘Ten Years’ film to get Japan, Thai spin-offs
Busan (South Korea) (AFP) - A controversial award-winning film that shook up Hong Kong with its bleak visions of the city's future is to be turned into a pan-Asian franchise, with Japanese, Taiwanese and Thai versions in the works. The original "Ten Years ... ( read original story ...)
HSBC, Science Park launch start-up accelerator with a twist as hunt for Hong Kong’s next ‘unicorn’ heats up
The race to develop Hong Kong’s next “unicorn” may be heating up, with the launch on Monday of a start-up accelerator with a difference. Unlike the city’s numerous existing incubators, the two-year Sprinter programme will focus on both start-ups ... ( read original story ...)
Hong Kong stocks close at 10-year high; HKEX rallies on reported stamp duty cut
Hong Kong stocks reached their highest level in nearly a decade on Monday after media reports said the bourse operator was considering asking the city’s government to cut the stamp duty on share trades. The Hang Seng Index rose 0.8 per cent, or 216.37 ... ( read original story ...)
Hong Kong IPOs Head for Worst Year Since 2012
Hong Kong’s market for initial public offerings is heading for its worst year since 2012 as a combined $20 billion of megadeals are being pushed to next year. State-owned China Tower Corp. was slated to be one of this year’s biggest deals, with a ... ( read original story ...)
Hong Kong’s leader tinkers with economy in the face of ‘grave’ challenges
HONG KONG (Reuters) - Hong Kong’s new leader Carrie Lam showed last week that bringing the mojo back to the territory’s once uniquely dynamic economy isn’t going to be easy. In her first policy address since coming into power in July, the chief ... ( read original story ...)
BOC Hong Kong : Date of Board Meeting
As at the date of this announcement, the Board comprises Mr. CHEN Siqing* (Chairman), Mr. YUE Yi (Vice Chairman and Chief Executive), Mr. REN Deqi*, Mr. GAO Yingxin*, Mr. LI Jiuzhong, Madam CHENG Eva**, Dr. CHOI Koon Shum**, Mr. KOH Beng Seng** and Mr ... ( read original story ...)
The light dims in Hong Kong
He was put onto a flight back to Bangkok. Yes, Hong Kong may still be a great place for business, but it is no longer the free society it was. The SAR is playing to the territory's business strengths by asserting itself as an intermediary -- a comprador if ... ( read original story ...)
Top international lawyers say Hong Kong rule of law under threat
HONG KONG (Reuters) - The jailing of three Hong Kong democracy activists this year is a serious threat to the city’s rule of law, a group of senior international lawyers said on Monday, adding the independence of the judiciary risks becoming a “charade”. ( read original story ...)
Hong Kong connects
Two decades after its return to the "motherland", some people lament that Hong Kong is not the place it used to be. Political protest, symbolised by the "Umbrella Movement" of 2014, has tarnished the island's image of stability and Western-style open society. ( read original story ...)