Hong Kong Wants to Win the Next Alibaba With Exchange Revamp

Plans also introduced for revamp of small-cap GEM venue Hong Kong Exchanges & Clearing Ltd. is sending a message to startup companies the world over: We want your business. The bourse operator on Friday proposed the creation of a new exchange that would ... ( read original story ...)

Hong Kong Wants to Win the Next Alibaba With Exchange Overhaul

Hong Kong Exchanges & Clearing Ltd. is sending a message to startup companies the world over: We want your business. The bourse operator on Friday proposed the creation of a new exchange that would allow firms to list before they’ve made a profit and ... ( read original story ...)

Hong Kong has work to do to maintain M&A momentum

Hong Kong has a lot of work to do if it wants to maintain its edge as a destination for mergers and acquisitions activity and stave off competition from Singapore, experts say. Since the 1997 handover from British to Chinese rule, the value of deals ... ( read original story ...)

Someone just paid over $600,000 for a parking spot in Hong Kong

In case you're keeping track, that's HK$5.18 million. Robb Report If you think millennials have it tough in the US, they really have it hard in Hong Kong. In the latest installment of jaw-dropping Hong Kong property prices, a parking spot in the Upton ... ( read original story ...)

Hong Kong stocks open lower after HKMA raises interest rate

Hong Kong stocks opened lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. Hong Kong’s benchmark Hang Seng Index dropped 0.4 per cent, or 103.6 points, to open at 25,772.3, while the Hang ... ( read original story ...)

Hong Kong stocks set to open lower after interest rate rise

Hong Kong stocks look set to open lower on Thursday after the city’s de facto central bank followed a US decision and lifted the base interest rate. The Hang Seng Index futures spot June contract lost 0.2 per cent, or 42 points, to 25,700 in the pre ... ( read original story ...)