Hong Kong democracy movement loses ground in key byelection

Hong Kong pro-democracy candidates won back only two of four seats in a crucial byelection in the semiautonomous Chinese region, final results showed Monday. The opposition wasn't able to recapture all its territory, losing some to formidably resourced pro ... ( read original story ...)

Sinochem plans $2 billion Hong Kong IPO of oil assets: IFR

Last October, Reuters reported that Sinochem had hired BOC International, CLSA and Morgan Stanley to work on a possible Hong Kong listing of its key oil assets. The three banks are likely to be awarded senior roles on the IPO, according to IFR, which added ... ( read original story ...)

Hong Kong shares extend gains on easing trade fears

Heavyweight mainland financial stocks China Construction Bank (CCB) and Ping An Insurance Group rose 3.1% and 2.3%, respectively. The Hang Seng China Enterprises Index of large mainland companies listed in Hong Kong had advanced 1.8% by midday. Air China ... ( read original story ...)

Hong Kong’s pro-democracy campaign endures election setback

Pro-Beijing parties hold a near unassailable majority in Hong Kong's legislature, LegCo, thanks to the functional constituency system, which allocates seats to certain business, trade and civil society groups, the majority of which take their lead from China. ( read original story ...)