Upon entry, the consignment was examined by Customs and chemical analysis determined it contained the material t-boc methamphetamine. T-boc is a masking agent, which is added to methamphetamine to change its chemical composition during transportation. ( read original story ...)
Asian markets mostly up but investors remain wary
Investors also shrugged off a stronger yen and weaker-than-expected Japanese core machine orders data. Among the actives, BOC Hong Kong soared 4.28 percent, while China Resources Land spiked 3.16 percent, Industrial and Commercial Bank of China collected 3 ... ( read original story ...)
Exclusive: Chinese banks eye bid for Germany’s DVB Bank – sources
An official at BOC, the country’s fourth largest lender ... Additional reporting by Shu Zhang and Julie Zhu in Hong Kong and Tim Hepher and Anshuman Daga in Singapore; editing by Anna Willard Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)
A question of identity
Jung Boc Su, who specializes in figure painting ... With the staging of international grand art events like Art Basel, Kim perceives Hong Kong as a center of the world art market. He attaches great implications to the name of the exhibition, Blooming ... ( read original story ...)
Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong
according to people familiar with the situation, who say the company is considering doing so with a dual listing. It already plans a Hong Kong initial public offering for the second half of the year. Beijing-based... ( read original story ...)
Hong Kong financial chief Paul Chan has made a difference with his budget but can he match ambition with action?
In setting out the fiscal blueprint for 2018-19, Financial Secretary Paul Chan Mo-po broke considerable new ground on both the financial and political fronts. With the wild card of a record HK$138 billion surplus amassed in the 2017-18 financial year, Chan ... ( read original story ...)
Hong Kong shares rebound; CEFC-related stock plunges on probe news
March 1 (Reuters) - Hong Kong shares rebounded on Thursday after two days of sharp falls, with news regarding a probe into CEFC China Energy chairman had limited impact on market sentiment. ** CEFC Chairman Ye Jianming has been investigated for suspected ... ( read original story ...)
Hong Kong bank heist suspect held six hostages at gunpoint in 1987 robbery
The man arrested for allegedly robbing the Bank of East Asia headquarters in Central on Wednesday was jailed three decades ago after holding six people hostage at gunpoint following an armed hold up at another bank, court records and past media reports show. ( read original story ...)
Investment in Hong Kong fintechs more than doubled last year, well ahead of Singapore and Australia
Hong Kong fintech firm WeLab raises US$220m in funding round The ... we have seen a major shift in fintech business strategy Arthur Wang, KPMG China There were 146 fintech deals in China last year, compared with 54 in 2016 which were worth US$10 billion. “ ( read original story ...)
Reports of IPOs’ death have been greatly exaggerated
... around the globe are eagerly awaiting the listing decision of the initial public offering (IPO) of Saudi Aramco, the Saudi state-owned oil company. Hong Kong, London, New York and Tokyo are vying to list the IPO of the company expected to have a ... ( read original story ...)
Video: Hong Kong police arrest man who stole HK$70k from Bank of East Asia headquarters
A 57-year-old man was arrested in Tin Shui Wai on Wednesday for allegedly robbing the Bank of East Asia headquarters in Central. The man, surnamed To, gave a bank teller a note at around 3:30pm, before handing her a plastic bag at gunpoint, according to ... ( read original story ...)
UPDATE 1-Hong Kong Financial Secretary projects gradual pressure on property market as prices hit fresh highs
HONG KONG, Feb 28 (Reuters) - Hong Kong’s Financial Secretary said on Wednesday the city’s red-hot property market will gradually come under pressure as more flats hit the market and interest rates are expected to rise. Hong Kong is one of the most ... ( read original story ...)
Hong Kong gets artsy and other travel news
March is the best time for artsy travellers to explore Hong Kong. During Hong Kong Arts Month, events take place across the city — everything from major exhibitions to dance, music, theatre and local happenings. Here is a sample: * The 46th Hong Kong ... ( read original story ...)
Why is Hong Kong upset about an export industry that doesn’t exist? Look to Beijing for the answer
The Hong Kong government and industry players lashed out yesterday at Washington’s plan to impose tariffs on aluminium imports from the mainland and the city, which has been dragged into escalating Sino-US trade tensions. - SCMP, February 28 I have an ... ( read original story ...)