Hong Kong, Shanghai: Stocks follow Wall Street down at open

[HONG KONG] Hong Kong stocks suffered fresh losses after opening on Friday, tracking another sell-off on Wall Street on uncertainty about next week's US presidential election. The Hang Seng Index fell 0.32 per cent, or 71.97 points, to 22,611.54. ( read original story ...)

Hong Kong retail sales slump for 19th consecutive month

Retail sales in Hong Kong slumped for the 19th consecutive month, due in part to the dwindling spending power of visitors from the mainland. Poor stock market performance and uncertainty in the property market also continued to weigh on local private ... ( read original story ...)

Hong Kong startup wants to be Uber of office spaces

Hong Kong startup Booqed is looking to change how organisations utilise spaces and link them with people seeking temporary offices and event venues. The business model emerged out of frustration when the co-founders, who needed a conducive space to conduct ... ( read original story ...)

Selling Hong Kong’s stocks at 24,000 is a winning strategy

Hong Kong: A simple strategy for making money out of Hong Kong’s volatile stock market in the past six years is holding true — so far. Selling shares when the city’s benchmark index when it approaches 24,000 and buying when it falls to 20,000 since ... ( read original story ...)

Why Hong Kong must avoid the tyranny of regulation

Their organised lobbies and advocates further complicate the policy environment. Hong Kong is in real danger of travelling down this path. Three aspects of our political arrangement are nurturing it. First, under the Basic Law the government must balance ... ( read original story ...)

Hong Kong’s Emerging Force: The Rise of Technology Start-ups

While more policy support is important, a greater challenge lies in is developing an innovative culture.Criticism from the older generation aside, Hong Kong’s traditional business mindset favours evolution over revolution; that is doing things our ... ( read original story ...)

Hong Kong man faces meth-smuggling charges in New Zealand

The key role Hong Kong and Guangdong play in the international crystal meth business was highlighted yesterday when a man from the city appeared in an Auckland court to face charges ­related to one of New Zealand’s biggest ever drug busts. The 20-year ... ( read original story ...)