A Chinese entrepreneur who recently invested almost $1 billion in Hong Kong’s property market has warned against the territory’s rising sentiments for greater autonomy and independence, saying such political activism will “damage the business ... ( read original story ...)
Hong Kong: Stocks open lower
[HONG KONG] Hong Kong stocks edged down in the first few minutes of trade Tuesday, tracking losses on Wall Street and in Europe while traders cashed in profits after the previous day's gains. The Hang Seng index dipped 0.40 per cent, or 91.06 points ... ( read original story ...)
Hong Kong developers face tougher competition for land sites, says JLL
Hong Kong developers are finding it increasingly difficult to keep adding to their supply of land as their mainland counterparts push into the city’s property market, says Jones Lang LaSalle (JLL). Mainland developers bid on around 62 per cent of the ... ( read original story ...)
What's An E-Commerce Investment Banker From Hong Kong Doing In Detroit?
“I was very interested in coming alongside a project like Service Corps where I can learn about a new business and apply my technical skills.” Along with 15 other employees from Hong Kong, the United Kingdom, and representatives from ten different ... ( read original story ...)
Get tougher on Hong Kong localists to stop them damaging business in city, tycoon says
The chairman of a club that comprises 140 mainland Chinese and local tycoons has urged the Hong Kong government to get tougher with pro-independence localists to stop them damaging the business environment. Shenzhen-based Chen Hongtian, who chairs the ... ( read original story ...)
Amended bid to take Amaya private now down to two backers
Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers. In a filing with U.S. and Canadian securities ... ( read original story ...)
Shenzhen Connect Offers Chinese Stocks. Will the World Buy?
HONG KONG — Global investors in two weeks will get direct access for the first time to the stock market in the Chinese city of Shenzhen, giving them a chance to bet on a tech-heavy clutch of private companies on an exchange sometimes called China’s Nasdaq. ( read original story ...)
Beijing warns against Taiwan ties as Singapore tries to free troop carriers in Hong Kong
HONG KONG/SINGAPORE Beijing on Friday warned countries against ... as well as full compliance with all regulatory and trade requirements in its conduct of business," the spokesman said. APL is a subsidiary of the French-based CMA CGM Group. ( read original story ...)
New cabinet members will broaden opinion in Hong Kong’s Executive Council, Leung Chun-ying says
Leung declined to comment on whether his financial minister’s plan would affect his possible re-election bid. Hong Kong business sector backs John Tsang to lead city, senior Liberal Party official claims The appointment of the Liberal Party chief sparked ... ( read original story ...)
Buyback activity on Hong Kong exchange falls for first time in four weeks
The buying slowed after rising for three straight weeks while the selling among directors rose for the second straight week based on filings on the Hong Kong exchange in the fourth week of November. Buyers outweighed sellers with 33 companies that recorded ... ( read original story ...)
How to enjoy Hong Kong on a budget
Hong Kong’s skyline filled with endless skyscrapers may make ... current room views of construction sites and cranes will change in the future to a booming business district. As it is at the moment, the location means you will have to jump on the Metro ... ( read original story ...)
Baazov filing says US$3.45 billion still lined up to take Amaya private
MONTREAL - The founder and former chief executive of online gaming firm Amaya Inc. says he still has US$3.45 billion in committed financing from a pair of Hong-Kong-based investors lined up to buy the company. That's US$200 million less than the original ... ( read original story ...)
App lets Hong Kong homebuyers know if houses are haunted
HONG KONG — Ship Street is quintessentially Hong Kong ... After more than 30 years in the real-estate business, Lily Wong, a local agent, knows most Chinese clients are not interested in even looking at haunted apartments. “They wouldn’t rent, ... ( read original story ...)
Hongkong and Shanghai Hotels plans on new Peninsula properties in London, Istanbul and Yangon
Hongkong and Shanghai Hotels (HSH), owner of the Peninsula ... according to HSH chairman and business tycoon Michael Kadoorie. “The [hotels] that take up the most work are the most recent ones,” Kadoorie, who also chairs the power company CLP Holdings ... ( read original story ...)