HONG KONG (CNN) - China's second highest-ranking politician criticized calls for Hong Kong independence in a speech to the nation's parliament Sunday. Speaking at the opening of the annual National People's Congress, Premier Li Keqiang said calls from ... ( read original story ...)
‘Hong Kong’s entrepreneurs are agile, have looked beyond borders’
Hong Kong, March 5 (IANS) This bustling city is smaller than New Delhi and has less than half its population, but it is the world’s eighth-largest trading economy, seventh-largest exporter in merchandise trade, Asia’s largest FDI recipient in 2016 ... ( read original story ...)
Hong Kong Horse Racing News: Joao Moreira the Sha Tin King
It was the Mr Stunning show at Sha Tin this afternoon (Sunday, 5 March), or Messrs Stunning, to be more accurate. While the horse of that name shone in the Class 1 Friendship Bridge Handicap to place himself on the cusp of Group 1 assignments, it was the ... ( read original story ...)
Beijing has last word in Hong Kong leadership race, delegates told
With three weeks to go before the chief executive election, the state leader who oversees Hong Kong affairs has emphasised Beijing enjoys a “substantive and constitutional” power to appoint the city’s leader. During a meeting with delegates from Hong ... ( read original story ...)
Hong Kong stock exchange’s focus on turnover does investors no favours
This according to Charles Li Xiaojia, the chief executive of Hong Kong Exchanges and Clearing ... which is not entirely an arm’s length financial arrangement. HKEX to launch new board consultation in first half after 2016 profits fall on shrinking ... ( read original story ...)
China's premier rules out Taiwan, Hong Kong independence
In Hong Kong, fears have grown that Beijing is increasingly interfering in the governance of the semi-autonomous financial hub, sparking calls by some activists for self-determination or even independence. Such calls have riled Beijing, and Li shut down ... ( read original story ...)
Hong Kong lists $1 billion Sukuk on Nasdaq Dubai
This brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to $3 billion, following two listings of $1 billion each in 2014 and 2015. The new listing strengthens Dubai’s position as the world ... ( read original story ...)
Hong Kong's Worker News Wins Award for Series Debunking Myths About Refugees
A series of news features by Worker News debunking the idea that asylum seekers arriving in Hong Kong are “fake refugees” won the Best Journalism Award in the 2016 E-Citizen Awards organized by civic groups inmediahk.net and the Culture and Media ... ( read original story ...)
Hong Kong stocks retreat on profit taking as investors turn cautious over possible rate rise
the world largest bank by assets, was down 1.6 per cent to HK$4.9. Emerging markets including Hong Kong are likely to see capital outflows when the dollar becomes stronger Castor Pang Wai-sen, Core Pacific Yamaichi The Hang Seng and H-share Indices will be ... ( read original story ...)
Hong Kong stocks slide as resource stocks, weak mainland inflows drag
Feb 24 Hong Kong stocks fell for a second day on Friday, as resource firms were hit by weak commodities markets in China and a sharp drop in money inflows from Shanghai. The benchmark Hang Seng index dropped 0.6 percent, to 23,965.70, while the Hong Kong ... ( read original story ...)
Banks, health care companies lead stocks slightly higher
Bank of the Ozarks added $1.09 ... Earlier in Asia, Japan's Nikkei 225 index fell 0.5 per cent , while South Korea's Kospi sank 1.1 per cent . Hong Kong's Hang Seng index lost 0.7 per cent . Energy futures rose. Benchmark U.S. crude gained 72 cents ... ( read original story ...)
Global shares lower as investors await Fed chair's speech
U.S. jobless claims fell to the lowest level in decades last week, strengthening the belief that the central bank is moving closer to achieving ... Korea's Kospi sank 1.1 percent to 2,078.75. Hong Kong's Hang Seng index lost 0.7 percent to 23,552.72 ... ( read original story ...)
Chinese Group to Pay Record $2.2 Billion for Hong Kong Land
... increase in the Hang Seng Index. To contact the reporter on this story: Frederik Balfour in Hong Kong at fbalfour@bloomberg.net. To contact the editors responsible for this story: Sree Vidya Bhaktavatsalam at sbhaktavatsa@bloomberg.net, Darren Boey ( read original story ...)
US stocks dip as banks and energy companies fall
Wells Fargo slipped $1.10, or 1.9 per cent, to $57.39 and Bank of America fell 49 cents ... 225 lost 0.5 per cent and South Korea's Kospi fell 0.6 per cent. The Hang Seng of Hong Kong fell 0.5 per cent. ( read original story ...)