HONG KONG Hong Kong's respected former financial secretary John Tsang on Thursday confirmed his intention to run for the Asian financial hub's top job in March, at a time of growing political tension and anti-China sentiment. "I have big dreams," said ... ( read original story ...)
Hong Kong Regulator Sues Standard Chartered, UBS Over Timber IPO
Hong Kong’s securities regulator has filed a lawsuit against Standard Chartered Plc, UBS Group AG and audit firm KPMG LLP over an initial public offering by China Forestry Holdings Co. in 2009. The Securities and Futures Commission’s claim relates to ... ( read original story ...)
10 Great Tips To Raise Funding For Your Hong Kong Startup
Looking to get your Hong Kong based startup funded? A great place to start is knowing a few inside tips from founders and investors familiar with the turf. 1. Explain How You’ll Expand Outside Hong Kong If your startup is based in Hong Kong – which has ... ( read original story ...)
Hong Kong: Twenty years later
As a child, it was more comforting to be oblivious about the news. Even as my friends and I went to secondary school, we rarely thought about developments in mainland China - we were teenagers after all. This all changed in 2003. Hong Kong was hit by ... ( read original story ...)
'Independence is impossible', says Chinese-backed leader of Hong Kong in farewell address
Hong Kong’s outgoing leader said independence for the former British colony was impossible as he gave his final policy address before stepping down. Leung Chun-ying, who is backed by Beijing, has been a divisive figure during his four year term ... ( read original story ...)
Hong Kong Property Tax May Help End Singapore's Housing Slump
Singapore’s three-year decline in home prices could see relief from an unexpected quarter in 2017: Hong Kong. So says Cushman & Wakefield Inc., which expects the slide in the city-state’s home prices to end this year as foreign investors turned off by ... ( read original story ...)
Hong Kong's CY Leung delivers swansong address as public eye his replacement
As Hong Kong Chief Executive Leung Chun-ying, aka CY Leung, delivers his swansong policy address on Wednesday, focus will turn to how his replacement deals with an increasingly assertive China. Leung isn't expected to announce any grand measures at his ... ( read original story ...)
Hong Kong should weigh up pros and cons of building homes in country parks, chief executive says
“This issue matters to the well-being of our next generation and warrants serious deliberation of its pros and cons by society,” Leung said, pointing out that only 7 per cent of land in Hong Kong was zoned for housing while country parks accounted for ... ( read original story ...)
Hong Kong Chief Executive CY Leung claims legacy in final policy speech
With less than six months to go before retiring, Hong Kong’s controversial leader sought to claim his legacy in his swansong policy speech yesterday, proposing plans ranging from economic development to sports to show he was not heading a lame-duck ... ( read original story ...)
Hong Kong Actor Andy Lau Injured While Working in Thailand
Hong Kong actor Andy Lau has been injured while working in Thailand. A statement from his representative said the 55-year-old actor fell off a horse and injured his pelvis on the set of a commercial Tuesday. The statement thanked people who expressed their ... ( read original story ...)
Hong Kong stocks fall on outlook for US rate hikes; China shares steady
"Of course Yellen's comment is not good news for Hong Kong stocks," said Linus Yip, a Hong Kong-based strategist at First Shanghai Securities. Still, he thought a bigger factor explaining Thursday's drop would be that the previous day's rally might have ... ( read original story ...)
Hong Kong in Fiji preparing for Singapore leg of the HSBC World Sevens Series and qualifier
SINGAPORE, 17 Jan 2017 – The 2017 HSBC Singapore Rugby Sevens will see the participation of two top Asian sides as Hong Kong is confirmed as the wild card team. In Singapore, Hong Kong will line up alongside 15 other ‘core’ teams, including their ... ( read original story ...)
Hong Kong 'mini' flats boom as government fails to rein in record-high prices
High property prices and rents posed "the gravest potential hazard to the Hong Kong community as many families have no choice but to live in subdivided units, even in industrial buildings," Leung added. Property prices have surged nearly 50 percent to ... ( read original story ...)
Hang Seng Rises 1.1%: Morgan Stanley Turns Bullish On Hong Kong Banks
The low interest rate environment discouraged local banks from lending and helped push loan-to-deposit ratios at Bank of China Hong Kong and Hang Seng Bank to below 70%. The sector’s net interest margin, its major profitability metric, has shrunk to 1.3 ... ( read original story ...)