The new financial secretary was urged to make long-term investments and provide one-off relief measures for the city’s needy in his budget as the fiscal surplus looks set to exceed HK$75 billion. Paul Chan Mo-po – who took up the post last month after ... ( read original story ...)
Hang Seng Bank Ltd. (HSNGY) Given Consensus Recommendation of “Strong Buy” by Brokerages
Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the ... ( read original story ...)
Hong Kong boy and girlfriend, both 14, arrested after abortion
Her mother, 34, called police at about 8.15pm that evening after learning she had an abortion. Illegal abortions carried out in small Hong Kong public housing flat, High Court hears Initial investigations showed the fetus had been disposed of on the ... ( read original story ...)
Two Hong Kong officials accused of misconduct over new aviation headquarters
Two senior officials with the Civil Aviation Department, including its former head, have been accused of misconduct stemming from a probe into the construction of its new headquarters, according to a government probe. A government source said one was ... ( read original story ...)
Xiao Jianhua Disappears in Hong Kong, Is Reportedly in Mainland China
Chinese-born Xiao Jianhua is on the mainland, according to a report by Hong Kong's South China Morning Post on Wednesday, citing an anonymous source close to the tycoon. Overseas Chinese news sites said earlier that Chinese police officers escorted Xiao ... ( read original story ...)
Hong Kong holds title as world’s most visited city for seventh year in a row
Hong Kong has long attracted a wide range of visitors ... The Chinese decline was good news for some, as Bangkok climbed up the ranks to second place with a 10 per cent increase in traffic. About 18.7 million visitors chose to visit the capital, as ... ( read original story ...)
Chinese billionaire Xiao Jianhua 'abducted' from Hong Kong hotel
If Chinese police were involved in Xiao’s abduction from Hong Kong, it would appear to violate the former British colony’s mini-constitution, which only permits the Hong Kong police to operate in the territory. Xiao was born in China, is a Canadian ... ( read original story ...)
Hong Kong's Carrie Lam launches election platform
The former right-hand woman of Hong Kong's current chief executive Leung Chun-Ying, Carrie Lam is expected to run on a manifesto seeking continuity with the current administration’s governing philosophy. ( read original story ...)
Gold price closes lower in Hong Kong
HONG KONG, Feb. 3 (Xinhua) -- The gold price in Hong Kong closed at 11,258 HK dollars per tael on Friday, shrinking 2 HK dollars from the previous trading day, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,219.37 U ... ( read original story ...)
A billionaire’s disappearance rattles Hong Kong
XIAO JIANHUA was not alone among mainland China’s mega-rich in his fondness for the Four Seasons hotel in Hong Kong’s financial district. It describes itself as “perfect for the business elite”, among whom Mr Xiao certainly ranks. Hurun Report ... ( read original story ...)
Long queues at Hong Kong food trucks despite minor hiccups on first day of business
The dumplings were late, but hungry Hong Kong customers were willing to wait. Three food truck operators made their debut on Friday under a two-year pilot scheme that will eventually see 16 trucks serving their specialties at designated locations ... ( read original story ...)
Chinese fintech firm Wangjin Holdings plans $500 million HK IPO in 2017: IFR
The financial technology company would join other technology startups planning Hong Kong listings this year, including Lufax, China's biggest peer-to-peer lending and wealth management platform, which plans a $5 billion IPO. (Reporting by Fiona Lau of IFR ... ( read original story ...)
Hong Kong aims to entertain: From bright lights to the big Buddha, they do things massive on the South China Sea
It was showtime and laser beams flashed frenetically from the tallest skyscrapers of Hong Kong’s skyline as music boomed from speakers around Victoria Harbour. Towers outlined in multicoloured neon pulsed with the beat. On the water, Chinese junks with ... ( read original story ...)
Hong Kong police check CCTV footage for clues on missing tycoon
Hong Kong police are checking roadside surveillance footage around the city to try to trace the movements of missing mainland billionaire Xiao Jianhua as they investigate his disappearance from the luxury hotel where he was staying on Lunar New Year’s ... ( read original story ...)