Hong Kong’s securities regulators have tightened their scrutiny of rights issues by listed companies, rejecting two recent applications they deemed unfair to minority shareholders. Brokers welcomed the move as they believe it will enhance protection for ... ( read original story ...)
Checking In: East Hotel, Hong Kong
Located on the eastern side of Hong Kong Island in one of the city's busy business districts that plays home the likes of LVMH and Facebook's Hong Kong HQ, East is a business-minded hotel that's sharp in every way. Opened by Swire Hotels in 2010 ... ( read original story ...)
Fitch: Cheung Kong Property's Aircraft Leasing Purchase Neutral to Rating
(The following statement was released by the rating agency) HONG KONG, December 09 (Fitch) Cheung Kong Property Holdings Limited's (CKP; A-/Positive) plan to acquire the aircraft leasing business of CK Hutchison Holdings Limited (CKHH; A-/Stable ... ( read original story ...)
Hong Kong Gets Chance to Heal Division as Leader Steps Aside (1)
(Bloomberg) -- The surprise decision by Hong Kong’s top leader to not seek a second term in office opened the way for a chief executive who might bridge some differences in a city riven by tensions over perceived interference by China. Chief Executive ... ( read original story ...)
Are democracy's days numbered in this former colony?
He has filed stories from every continent for CBC News. Instagram: @sasapetricic On the edge of Victoria Harbour, not far from the wharves where British naval ships used to dock in Hong Kong, the push is on to strengthen Chinese control of this former colony. ( read original story ...)
Are democracy's days numbered in Hong Kong?
He has filed stories from every continent for CBC News. Instagram: @sasapetricic On the edge of Victoria Harbour, not far from the wharves where British naval ships used to dock in Hong Kong, the push is on to strengthen Chinese control of this former colony. ( read original story ...)
Hong Kong business leaders hold out hope for change after Leung Chun-ying declines second tilt at top job
Reacting to the news that Leung Chun-ying will not seek re-election, some business leaders hope there will be changes for the better for the polarised society, but not everyone is optimistic. Henry Cheng Kar-shun, chairman of New World Development and the ... ( read original story ...)
Hong Kong opens the door to China
Hong Kong’s trade representative came to Tallahassee Wednesday looking for business. In meetings around the capital city with business and political leaders, Steve Barclay explained Hong Kong is the doorway to China and he’s holding it wide open for ... ( read original story ...)
Hong Kong stocks stumble as casino share swoon rocks confidence
Hong Kong stocks were lower on Friday ... Late in the morning session the Hang Seng Index was down 0.42 per cent, while the Hang Seng China Enterprises Index nudged up 0.2 per cent. Andrew Sullivan, a sales traders with Haitong International Securities ... ( read original story ...)
Hang Seng Index slips on Macau report
Hong Kong stocks fell in the morning session on Friday, with casino operators battered by a report saying officials had halved the amount of cash mainland gamblers were allowed to withdraw from ATMs in Macau. The Hang Seng Index shed 0.3 percent ... ( read original story ...)
Hong Kong stocks finish morning on a high
HONG KONG: Hong Kong stocks ended the morning session on a high, taking the lead from another record close on Wall Street and as investors look ahead to a European Central Bank meeting later in the day. The Hang Seng Index climbed 0.65 percent, or 147.46 ... ( read original story ...)
HK stocks retreat as casino firms stung by reports of Macau ATM curbs
Dec 9 Hong Kong stocks snapped a three-day winning streak on Friday, with casino shares leading broad market losses following reports that Beijing would put additional limits on ATM cash withdrawals in the gambling haven of Macau. The benchmark Hang Seng ... ( read original story ...)
Hong Kong Market May Test Resistance At 23,000 Points
The win streak has hit three sessions for the Hong Kong stock ... European Central Bank's highly anticipated monetary policy announcement. The European and U.S. markets were up and the Asian markets figure to follow suit. The Hang Seng finished modestly ... ( read original story ...)
What to watch for from Bank of Canada's Poloz today with the economy at a crossroads
and Hong Kong’s Hang Seng 0.6 per cent. In Europe, London’s FTSE 100, Germany’s DAX and the Paris CAC 40 were up by between 0.9 and 1.5 per cent by about 8 a.m. ET, buoyed by reports of a pending rescue plan for an ailing Italian bank. New York ... ( read original story ...)