The inaugural Hong Kong Auto Show presented a wide range of Chinese and international cars at the Hong Kong Convention and Exhibition Centre last weekend. The following five made the strongest impression. The show’s highlight was the Lotus Exige Sport ... ( read original story ...)
Hong Kong stocks cap fourth week of gains
Hong Kong stocks closed higher on Friday, capping a fourth week of gains, as casino operators advanced after Macau’s gaming revenues beat market expectations. At the same time smaller companies led mainland stocks to reverse earlier losses, as the ... ( read original story ...)
Dedicated Hong Kong follower of June 4 events pledges to attend vigils for as long as he can
Born in Taishan, Guangdong province, Wong came to Hong Kong on a steam train at the age of nine. Wong joined the scouts, which he said had made him a caring and committed person. In 1989, he learned from the news that Beijing students were trying to root ... ( read original story ...)
Hong Kong launches IPO support system for start-ups
Hong Kong is looking to boost its fintech scene with an initiative to help tech firms take the right road for their initial public offering (IPO). Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong Exchanges and Clearing (HKEX) have ... ( read original story ...)
Put an end to filibustering, says outgoing Hong Kong CY Leung in appeal to pan-democrats
Hong Kong’s outgoing leader Leung Chun-ying appealed to pan-democrats on Thursday to stop their filibustering as the legislature still had a backlog of items to debate, including at least two major funding requests, before it adjourns for the summer ... ( read original story ...)
If Hong Kong is the ‘City of Protests’, this man is its mayor
Tsang and his “tank” drew a lot of attention as they moved from North Point to Xinhua’s headquarters in Happy Valley – China’s then de facto embassy in Hong Kong – with his fellow protesters. The now 61-year-old activist is one of the leading ... ( read original story ...)
Illegal Tiananmen Square liquor arrives in Hong Kong
HONG KONG — A bottle of forbidden liquor produced last year by Chinese activists to mark the 1989 military crackdown on Beijing's Tiananmen Square has arrived in Hong Kong after a trip around the world. Hong Kong pro-democracy leaders on Friday unveiled ... ( read original story ...)
HKSTP and HKEX Launch Road to IPO Platform
Connecting investors, financial, legal and business experts to nurture top technology companies and accelerate the development of Hong Kong's innovation economy The Road to IPO platform, announced at a conference held at Hong Kong Science Park entitled ... ( read original story ...)
Hong Kong shares rise to near 2-year high on bullish global equities
June 2 Hong Kong stocks closed the week at a near two-year high, supported by an upbeat mood in global equity markets and continuous money inflows from China. Both the Hang Seng index and the Hong Kong China Enterprises Index rose 0.4 percent, to 25,924.05 ... ( read original story ...)
Former BlackRock Executive Mark Brady to Join Hong Kong FinTech Startup FinFabrik
31/5/2016 – FinFabrik, a provider of specialized software-as-a-service for financial institutions, announced today that Mark Brady joined the company as its Chief Investment Officer to support the strong growth trajectory across the region, particularly ... ( read original story ...)
Fitch Upgrades Cheung Kong Property to ‘A’; Outlook Stable
Fitch Ratings has upgraded Hong Kong-based Cheung Kong Property Holdings Limited's (CKP) Long-Term Foreign-Currency Issuer-Default Rating (IDR) to 'A' from 'A-'. The Outlook is Stable. A full list of rating actions is at the end of this commentary. ( read original story ...)
Fitch: Tighter Property Regulations to Weigh on Hong Kong Banks
(The following statement was released by the rating agency) Link to Fitch Ratings' Report: Hong Kong Banks 2016 Report Card here HONG KONG, June 01 (Fitch) Fitch Ratings expects tighter regulations on property-related lending to have a material but ... ( read original story ...)
Two apparel makers debut in Hong Kong, Shanghai with returns as stark as night and day
It closed at 10.2 yuan, up from its IPO price of 7.08 yuan. The Shanghai-based maker of women’s apparels raised 424.8 million yuan, selling 60 million shares. In contrast, Speed Apparel, which debuted on the Growth Enterprise Board in Hong Kong ... ( read original story ...)
Red Capital in Hong Kong
Long before the Chinese conglomerate HNA started making international news — for buying a controlling share of Deutsche Bank or acquiring Ingram Micro, the largest wholesaler of electronic equipment in America — it was familiar to people in Hong Kong ... ( read original story ...)