Tag: business

Hong Kong stocks are expected to open lower on Tuesday morning as futures in the city traded lower after the US market retreated from record highs reached late last week. Hang Seng Index futures were down 0.12 per cent or 30 points to 25,635 in the pre ... ( read original story ...)

As housing prices continue to soar in Hong Kong, some residents are taking anything they can get — even if that means living in a so-called "coffin home." At least 200,000 people live in these homes, which measure just 4'x6' and sit stacked one top of ... ( read original story ...)

Hong Kong shares closed lower on Monday, as investors moved to the sidelines following sharp gains the prior week, while the coal sector advanced amid merger talks between two major Chinese energy giants. Analysts also cited concerns over the latest round ... ( read original story ...)

The Hong Kong market is likely to open higher Monday, tracking Wall Street which hit a record high on Friday. Hang Seng Index futures dropped 0.04 per cent, or 11 points to 25,702 in the pre-trade session on Monday morning, while Hang Seng China ... ( read original story ...)

International companies that have raised capital on Hong Kong’s stock exchange should also be available to mainland Chinese investors under the city’s so-called Stock Connect schemes, said the Securities & Futures Commission’s chairman Carlson Tong ... ( read original story ...)

Tiananmen only heightened Hong Kong’s uncertainty about 1997. But looking back, what looked like a revelation of cruel and absolute truth has today been rendered impermanent and transient. China is now the second-largest economy in the world. Over the pa ... ( read original story ...)

Passersby walk in front of the main branch of Standard Chartered in Hong Kong. The bank is one of the lenders in the city that hiked the renminbi term deposit interest rates on Thursday. [Photo/Agencies] Financial analysts attribute prediction to high ... ( read original story ...)

The owner of a failing second-hand bookstore in Hong Kong which was rescued by HK$150,000 in donations ... The 53-year-old bookseller from Wong Tai Sin, who founded his business in December 1997 shortly after the handover, said he is now considering ... ( read original story ...)

The inaugural Hong Kong Auto Show presented a wide range of Chinese and international cars at the Hong Kong Convention and Exhibition Centre last weekend. The following five made the strongest impression. The show’s highlight was the Lotus Exige Sport ... ( read original story ...)

Hong Kong stocks closed higher on Friday, capping a fourth week of gains, as casino operators advanced after Macau’s gaming revenues beat market expectations. At the same time smaller companies led mainland stocks to reverse earlier losses, as the ... ( read original story ...)

31/5/2016 – FinFabrik, a provider of specialized software-as-a-service for financial institutions, announced today that Mark Brady joined the company as its Chief Investment Officer to support the strong growth trajectory across the region, particularly ... ( read original story ...)

HONG KONG -- Hong Kong's venture-oriented Growth Enterprise Market sank to a new low in May despite the global stock boom, having lost investors' confidence amid the history of controversies surrounding its component stocks. The S&P/Hong Kong GEM Index is ... ( read original story ...)

Hong Kong has been crowned the world’s most competitive economy for the second year running, ahead of Switzerland and Singapore, in an annual report from the International Institute for Management Development. The Swiss business school ranked Hong Kong ... ( read original story ...)

HONG KONG — Christie's says a luxury handbag has shattered the world auction record in Hong Kong. The auction house didn't identify the buyer of the matte white crocodile skin Hermes Birkin bag with 18 karat gold and diamond hardware at Wednesday's sale. ( read original story ...)