He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Hong Kong property investors thought they could pick up pennies in front of the steamroller called the Federal Reserve. ( read original story ...)
Hong Kong stocks end at 4-month low after Fed tightens
Hong Kong stocks slumped to a four-month low, tracking Asian markets, after the US Federal Reserve raised interest rates and rate-path projections. The benchmark Hang Seng index extended early losses to end down 1.8 per cent, at 22,059.40 points. ( read original story ...)
More to join Jetco P2P
Jetco, the largest ATM network in Hong Kong, expects to see local lenders including BOC Hong Kong (2388) and Standard Chartered Bank joining its P2P platform next year.Hang Seng Bank (0011) and Hongkong Shanghai Banking Corporation, which are not part of ... ( read original story ...)
Hong Kong gets cheaper for expats as city falls to 11th most expensive in global survey
Expatriates in Hong Kong can expect fuller wallets in 2017 after the city slipped out of a list of the 10 most expensive cities in the world for expats. But Hong Kong is still a costly place to live compared to five years ago, according to the latest ... ( read original story ...)
HANG SENG INDEX(INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook
The projected lower bound is: 21,841.36. The projected closing price is: 22,434.06. HANG SENG INDEX closed up 9.920 at 22,456.619. Volume was 8% above average (neutral) and Bollinger Bands were 40% narrower than normal. HANG SENG INDEX is currently 3.2% ... ( read original story ...)
Hang Seng Index Unchanged Ahead OF Fed Decision, Mainland Losses Damaging
which would tend to have an important negative impact on the Hong Kong economy. There were further underlying concerns surrounding pressure on the currency peg and important damage to competitiveness. The Hang Seng index opened higher, but again hit ... ( read original story ...)
Recognition as tomorrow's entrepreneurs scoop awards
Eleven local entrepreneurs won the Hong Kong Young Entrepreneur Awards on Tuesday, with veteran entrepreneurs encouraging the SAR's younger population to explore business opportunities in Shenzhen and other parts of the Chinese mainland. Edmond Tang ... ( read original story ...)