Hong Kong stocks began the morning session on Monday higher following broad gains in the US last week, while mainland markets slipped. The Hang Seng Index opened up 0.26 per cent, or 80.45 points, at 30,895.09 after notching up the best weekly gain since ... ( read original story ...)
How an Indonesian domestic helper’s unexpected pregnancy in Hong Kong brought heartache and ultimately joy
After they get pregnant, they end up navigating a wave of fears: from telling their Hong Kong employers, which usually leads to their sacking, to breaking the news in their home countries, where many families refuse to help. “If the family back home is ... ( read original story ...)
Event: Hong Kong’s first co-farming space set to open for agritech and greentech startups
[Sponsored] The Hive is launching Hong Kong’s first co-farm – the Hive CoFarm – a space for agritech, aquaponic, hydroponic and remote monitoring IoT start-ups to pilot their technologies in a real world setting. The site will also develop community ... ( read original story ...)
Hong Kong can rule IPO market again
Just five years ago, if someone said Shanghai would overtake Hong Kong as a market for initial public offerings, most people would have laughed. But last year, it beat us for the first time, while New York took the top spot as the world’s premier IPO market. ( read original story ...)
HSBC Hong Kong rehires corporate banker after a year and makes him a private banker
Melvin Wong left HSBC in Hong Kong as a corporate banker, now he’s back just 12 month later…as a private banker. https://news.efinancialcareers.com/hk-en/301674/bankers-asia-regret-salary-rises/ HSBC has rehired one of its former corporate bankers ... ( read original story ...)
Wild Hong Kong: fans of country parks oppose concreting of trails, taking land for homes
Wooded hillsides, craggy ridges and wheeling birds of prey are a world away from Hong Kong’s skyscrapers – but the city’s country parks are a necessary balm for its stressed out residents. With some of the world’s highest property prices ... ( read original story ...)
More money for Hong Kong to splash out with ‘considerably high’ HK$57.2 billion budget surplus, finance chief writes
Hong Kong’s finance chief has hinted he would keep splashing money in his upcoming budget in light of a “considerably high” surplus despite the provision in the Basic Law requiring the city to keep the budget commensurate with its GDP growth rate. ( read original story ...)
Hong Kong stocks extend gains to a 9th session in winning start to 2018
Hong Kong stocks finished higher on Friday for a ninth straight session, capping the first week of 2018 with a 3 per cent advance, the best performance since the week that ended October 6 and moving closer to its all-time high in 2007. The Hang Seng Index ... ( read original story ...)
Tencent’s Pony Ma backs IPO of Hong Kong eye care company
Tencent-affiliated new listings were highly sought-after in Hong Kong last year. Now, there is one more firm that looks set to join the list: C-Mer Eye Care Holdings (03309.HK). The Hong Kong-based ophthalmic services provider, which is seeking up to US$73 ... ( read original story ...)
I rode Hong Kong’s amazing subway where it’s impossible to get lost — now I’ll never look at the London Underground in the same way
Hong Kong’s subway system, the Mass Transit Railway (MTR), is ... No more pushing and shoving to get onto the train. Will Martin/Business Insider The MTR is also fiendishly efficient when it comes to boarding and alighting. Instead of the mad free ... ( read original story ...)
Hong Kong needs more than tax breaks for the aircraft leasing hub to get off the ground
Many who invest in this business hope to raise funds through an IPO “in Hong Kong or Shanghai,” Leung said. “In an IPO, the first thing the stock exchange reviews is your profit and loss.” It is also one of the world’s major financial centres and ... ( read original story ...)
Hong Kong justice chief departs amid rule of law worries
Hong Kong's justice chief is leaving his job earlier than expected ... and a separate legal system following its 1997 handover from Britain. Yuen said at a news conference that "at different stages of life, one should do different things," without elaborating. ( read original story ...)
Hong Kong’s first listed Chinese rural bank moves closer to a return to A-share market
Chongqing Rural Commercial Bank, one of China’s largest lenders to farmers and small businesses, said its A-share IPO application has been accepted by China Securities Regulatory Commission, marking a major step for the first Hong Kong-listed lender to ... ( read original story ...)
China, Hong Kong shares keep climbing; developers lend support
Chinese H-shares listed in Hong Kong rose 0.19 per cent at 12,226.95, while the Hang Seng Index was up 0.18 per cent at 30,791.59. The smaller Shenzhen index was up 0.16 per cent and the start-up board ChiNext Composite index was higher by 0.54 per cent. ( read original story ...)