Against a backdrop of an uncertain global macro environment, one constant continues to drive key Asian property markets: The Chinese buyer. Mainland China investors, and their growing appetite for overseas assets, have been a key theme for the property ... ( read original story ...)
Hong Kong police officers sentenced to prison in beating of activist
Seven Hong Kong police officers have been sentenced to two years in prison for assaulting a pro-democracy activist at the height of 2014 protests. The attack was caught on film by TV news cameras, stoking outrage among residents of the Chinese financial ... ( read original story ...)
Hong Kong police officers jailed for beating protester
Seven Hong Kong police officers have been jailed for two years each for beating a handcuffed protester. The group were convicted of Tuesday of assaulting social worker and activist Ken Tsang as he took part in the 2014 pro-democracy rallies. TV cameras ... ( read original story ...)
Firefighters give mouth-to-mouth to revive a CAT after rescuing it from a burning Hong Kong flat
This is the incredible moment firefighters in Hong Kong gave CPR to a cat after saving the animal from a blazing building. The feline passed out after a fire had broken out in a crowded apartment building in north-west Kowloon on Thursday morning local time. ( read original story ...)
Hong Kong police smash suspected HK$30 million cross-border smuggling operation
A triad-controlled cross-border syndicate that is believed to have pocketed more than HK$30 million over the past two years by smuggling endangered red sandalwood and electronic goods from Hong Kong onto the mainland was broken up following the arrest of ... ( read original story ...)
Impossible to govern without the public’s support, Hong Kong chief executive contender John Tsang says
In a veiled reference to his arch-rival, chief executive contender John Tsang Chun-wah suggested that any candidate who hopes to win without the support of the wider Hong Kong public would end up “not being able to govern”. The popular underdog in the ... ( read original story ...)
Hong Kong stocks open above 24,000, for first time in 18 months
Hong Kong stocks opened 0.6 per cent higher on Thursday, breaching 24,000 at the opening bell for the first time since August 2015. The strong performance follows further record highs in the US equity market for the fifth-straight day as investors ... ( read original story ...)
Hong Kong’s immigration policy: a help or hindrance to business?
We are a city of immigrants. Just a few thousand are true descendants of indigenous Hong Kong farmers and fishermen – though about another million claim that right. The rest of us are economic migrants – just look at Hong Kong place names: Catchick ... ( read original story ...)
Hong Kong lags behind Singapore in mobile payments, says Visa
Mobile and electronic payment services in Hong Kong are catching up quickly but still lag behind mainland China and Singapore, according to industry players. Payment network provider Visa has seen its contactless payment solution, which allows people to ... ( read original story ...)
Hong Kong’s Hang Seng Index closes just short of 24,000, with turnover above HK$110bn
Hong Kong’s benchmark Hang Seng Index briefly breached 24,000 on Wednesday for the ... Leading the gains were Chinese banks, with Agricultural Bank of China (ABC) surging 6.1 per cent, China Construction Bank (CCB) gaining 5 per cent, Bank of China ... ( read original story ...)
Explosion in Hong Kong’s start-up culture as more people recognise opportunities
Hong Kong has experienced “staggering” growth in entrepreneurship in recent years, a newly released report reveals. Almost a fifth of adults had entrepreneurship intentions last year and 9.44 per cent reported starting or operating new businesses last ... ( read original story ...)
Hong Kong police struggle to stop brokerage hacking spree
Hong Kong is a favored place for such attacks because of the number of thinly-traded penny stocks in the territory and because its securities industry has fallen behind other financial centers in defending against cyber fraud. At least seven brokers and ... ( read original story ...)
Hong Kong police guilty over attack on democracy protester
Seven Hong Kong police officers were found guilty Tuesday of assaulting a protester during pro-democracy rallies in 2014, in an attack that was captured on film and beamed around the world. All seven were convicted of assault causing actual bodily harm to ... ( read original story ...)
Hong Kong takes aim at middlemen in wake of Panama Papers scandal
HONG KONG Hong Kong is beefing up its anti-money laundering and corporate disclosure laws in a move that some financial crime specialists say could lead to the exodus of billions of dollars in assets from the territory as people seek to avoid increased ... ( read original story ...)