When Hong Kong was handed back from the UK to China in 1997, only a quarter of the population spoke any Mandarin. Now, two decades later, that figure has nearly doubled. But even as people get better at communicating in Mandarin, also known as Putonghua ... ( read original story ...)
HSBC nears 9-year high in Hong Kong as financials rally
Hong Kong-listed shares in HSBC climbed their highest level in more than eight and a half years on Thursday as financial stocks across Asia rallied in the wake of the Federal Reserve’s decision to clear substantial shareholder payouts by big banks in the US. ( read original story ...)
Hong Kong activist Joshua Wong arrested ahead of Chinese leader’s visit
Huge security operation Much of Wan Chai, a bustling business district in the city center where Xi will stay, is on partial lockdown, with 300, 2-ton barricades erected on roads around the Hong Kong Convention and Exhibition Centre. The venue will host ... ( read original story ...)
On eve of Hong Kong’s 20th anniversary under Chinese rule, many residents wonder what’s to celebrate
The world’s second-largest economy no longer needs Hong Kong’s business acumen or its money. China’s economy was just five times larger than the territory’s before the handover. Now it’s more than 35 times bigger. "On the express train of a ... ( read original story ...)
HSBC surges 4pc, lifting Hang Seng Index in broad blue chip rally
Sino-British banking giant HSBC Holdings surged 4.1 per cent by Thursday noon, propelling Hong Kong stocks higher, after Morgan Stanley increased significantly the target price for the stock, while sentiment also received a general boost as Chinese ... ( read original story ...)
HSBC leads Hong Kong stock rebound as US banks pass stress tests
HONG KONG (Nikkei Markets) -- Hong Kong stocks on Thursday rebounded from a string of losses, with heavyweight HSBC Holdings leading the charge as U.S. banks rallied overnight after clearing the Federal Reserve's stress tests. The Hang Seng Index advanced ... ( read original story ...)
Chinese President Xi Jinping arrives in Hong Kong as mass protests expected
Huge security operation Much of Wan Chai, a bustling business district in the city center where Xi will stay, is on partial lockdown, with 300, 2-ton barricades erected on roads around the Hong Kong Convention and Exhibition Centre. The venue will host ... ( read original story ...)
Hong Kong’s shot at prime time is ours to lose if we don’t grasp the moment
Number two in flows of goods, services, and finance, says the McKinsey Global Institute. Our students are among the highest performers in the world. Hong Kong students ranked second in mathematics and reading, and ninth in science, in the widely regarded ... ( read original story ...)
Hong Kong’s future is in learning new words: fintech, regtech, wealthtech
Hong Kong’s role as a global financial hub may be under threat unless the city can embrace technology and adapt quickly to the tectonic changes that have taken place in the financial landscape in the two decade since its return to Chinese rule ... ( read original story ...)
Hong Kong Anniversary News Headlines | Reuters
Hong Kong police on Wednesday arrested pro-democracy protesters, some of whom scrambled up a monument symbolizing the city's handover from British to Chinese rule, a day before Chinese President Xi Jinping is due to arrive for the celebrations. Many Hong ... ( read original story ...)
Hong Kong set to enjoy economic tailwinds in the 2nd half, but beware of housing risks, BOCHK says
Hong Kong should enjoy economic tail winds in the second half, thanks to an improving global outlook, although extremes in the housing market raise the possibility of unforeseen shocks, according to BOC (Hong Kong) Holdings. Hong Kong’s GDP growth will ... ( read original story ...)
Finance chief extols HK’s ‘super-connector’ role
Provided to China Daily Nation's support credited for putting city in a solid position Hong Kong Financial Secretary Paul Chan Mo-po said the special administrative region's remarkable economic development during the past 20 years would have been ... ( read original story ...)
Hong Kong’s history: From backwater to metropolis
Modern-day Hong Kong is best known for its sprawl of skyscrapers, a bustling financial hub off the southern coast of mainland China and a regional conduit for trade. But the territory was once a quiet backwater of rural hamlets and fishing communities ... ( read original story ...)
Seven Hong Kong finance jobs where banks still need expats
But Hong Kong remains an international financial centre – and there are still some roles where banks are willing to relocate candidates from beyond Greater China. Here’s a selection. Banks in Hong Kong need more project managers as they create new ... ( read original story ...)