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Posted on 12/12/2023

The historic decline of the Hong Kong Stock Exchange has closed dozens of brokerage houses

Edmond Hui, Bright Smart Securities: "This wave of closings and layoffs affecting brokerage houses is the most severe we have ever seen"A historic drop of $4.6 trillion in the capitalization of the ...

Posted on 12/12/2023

Hong Kong’s smaller brokers seek support for listings on small-cap GEM board, launch body to lobby government for further reforms

Hong Kong’s beaten down stock market brokers and advisers have formed an association that wants the city’s government to come to the aid of its capital markets amid a free fall in share-trading values ...

Posted on 12/12/2023

Beijing needs to come up with a better strategy to defend Hong Kong’s status as an international financial centre

It would be difficult to find any Chinese household that is financially worse off now than in 1997, as China's per capita GDP has increased 15 times during the period Listed companies are lining up to ...

Posted on 12/12/2023

Hong Kong voters turn their backs on ‘patriots only’ election with record low turnout

Hong Kongers on Sunday delivered an apparent snub to China’s “patriots only” overhaul of the city’s electoral system, as local polls that barred the opposition from standing drew the lowest turnout in ...

Posted on 12/12/2023

Hong Kong stocks slip toward 14-month low as China deflation creates ‘value trap’ while Li Ning sinks 14% on asset purchase plan

Stocks lost further traction after a government report showed China’s consumer prices fell last month by the most in three years. That makes Chinese stocks a value trap, according to BCA Research.

Posted on 12/12/2023

Hong Kong Metropolitan University: a university going places

Hong Kong’s largest self-funded university, Hong Kong Metropolitan University (HKMU), today held an Honorary Degrees Ceremony in which honorary doctorates were conferred on four distinguished ...

Posted on 12/12/2023

Hong Kong court jails pair for 4 weeks in bribery case linked to 500,000 yuan semiconductor equipment order

Two men have each been sentenced to four weeks’ jail in Hong Kong after admitting offering and accepting bribes to help a supplier obtain a 500,000 yuan (US$70,000) purchase order for items used in ...

Posted on 12/12/2023

Voter Turnout Plunges In Hong Kong After Rules Shut Out Pro-Democracy Candidates

HONG KONG (AP) — Voter turnout plunged below 30% in Hong Kong’s first district council elections since new rules introduced under Beijing’s guidance effectively shut out all pro-democracy candidates, ...

Posted on 12/12/2023

Hong Kong runners dominate their big international race day

Hong Kong horses went 3-for-4 in Sunday's Longines Hong Kong International Races, including an emotional victory by 8-year-old Golden Sixty.

Posted on 11/12/2023

Hong Kong, Singapore prime property to see contrasting fortunes as luxury homes globally set to trend higher in 2024

The worst is likely over for the luxury property segment globally, with prime home prices set to rise more than previously anticipated, according to a report by Knight Frank. However, the fortunes of ...

Posted on 11/12/2023

China’s sportswear giant Li-Ning buys Henderson Land’s Harbour East for US$282 million to house its Hong Kong headquarters

Li-Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters ...

Posted on 11/12/2023

Hong Kong officials cut estimated price tag for 30,000 temporary flats by another HK$1.69 billion

Latest estimate of HK$24.75 billion is 9.6 per cent lower than initial HK$27.39 billion forecast when government proposed 'light public housing' scheme last December Government aims to build about 30, ...

Posted on 11/12/2023

Hong Kong’s first ‘patriots only’ election draws record low turnout

Hong Kong’s first “patriots only” election drew a record low turnout of 27.5 per cent as voters shunned a ballot that barred pro-democracy opposition candidates amid a tightening of national security ...

Posted on 11/12/2023

Hong Kong’s ‘Patriots Only’ Local Elections Marked by Arrests, Low Turnout: What to Know

The arrests of several pro-democracy protesters alongside record-low turnout on Sunday in Hong Kong’s first district elections in four years—a period that has been marked by the tightening of ...

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