Hong Kong, not US, could score mega Xiaomi, Aramco IPOs

Continue Reading Below The chief executive of Hong Kong Exchanges and Clearing Ltd., Charles Li ... such as the New York Stock Exchange (NYSE), experts have told FOX Business that New York may not be the best choice for Saudi Arabia because of litigation ... ( read original story ...)

Financial institutions backing out of tar sands, fossil fuels

Europe’s largest financial institution, HSBC (Hong Kong and Shanghai Banking Company) has made a major announcement today. The worlds seventh largest lender said it will no longer finance projects dealing with coal in developed countries, Arctic drilling ... ( read original story ...)

Top 10 Most Expensive Business Trip Destinations in Asia

Hong Kong is the most expensive location for business travellers, overtaking Tokyo which drops to second in the rankings, according to the latest Daily Rates research published by ECA International, the world's leading provider of knowledge, information ... ( read original story ...)

“Hong Kong City” proposed in Greater Bay Area

The policy centre Business Professionals in Hong Kong has created a plan to transport a slice of Hong Kong into the mainland. Positioned as an idea to foster integration between the city and its mainland neighbours, it aims to address the needs of the ... ( read original story ...)

Hong Kong Currency Defense Kills Fixed-Rate Mortgage Market

Hong Kong’s banks, blindsided by rising funding costs due to the city’s costly defense of its currency peg, are clamping down on popular fixed-rate mortgages. These loans were provided at 1.68 percent for the first year of a new mortgage, lower than ... ( read original story ...)