Hong Kong localist leader Edward Leung Tin-kei was bound over for HK$1,000 in Eastern Court on Friday after the prosecution decided to offer no evidence on one count of fighting in a public place against him and a pro-Beijing newspaper journalist. ( read original story ...)
Hong Kong stocks clock 3rd week of gains, Vanke shares soar
Hong Kong stocks rebounded on Friday to cap a three-week winning streak, helped by strength in the energy sector and heavyweight China Vanke Co Ltd, the mainland's second largest developer. The benchmark Hang Seng index added 0.5 percent, to 22,937.38 ... ( read original story ...)
Greenland Hong Kong : HK to buy stake in Wuxi land at Rmb2.34bn
Greenland Hong Kong and Wuxi Metro Group also agreed to establish a joint venture company to develop a property development project which comprises the proposed property 08:30p GREENLAND HONG KONG: HK to buy stake in Wuxi land at Rmb2.34bn 08:30p GREENLAND ... ( read original story ...)
Controversy Follows Election for Hong Kong Leaders
It has been a tough run for Hong Kong’s top officials since the 1997 return to China. And controversy seems to be on the agenda for the election of the next chief executive. One former number-two official is already behind bars for bribery, and the man ... ( read original story ...)
Hong Kong deputy announces leadership bid
Hong Kong (AFP) - Hong Kong's tough pro-Beijing number two Carrie Lam announced her bid to lead the deeply divided city Thursday after stepping down from her current post. Lam is deputy to Hong Kong's unpopular leader Leung Chun-ying and rose through the ... ( read original story ...)
HSBC To Take On Jetco In P2P Mobile Payments
HSBC is gearing up to take on Hong Kong P2P mobile payment company Jetco, launching its own P2P mobile payment app. According to a report, HSBC has a holding page online that invites cardholders to sign up for the payment service. HSBC is enticing ... ( read original story ...)
Hong Kong exposed to shortage of property, ageing population and economic slowdown on the mainland, says IMF
The International Monetary Fund (IMF) has issued a warning on Hong Kong’s economic outlook, highlighting a shortage of housing, an overheating property market, an ageing population and an economic slowdown on the mainland. The report, released on Friday ... ( read original story ...)
Hong Kong's Green Finance Bonanza
History will remember the 2016 G20 Hangzhou Summit for signaling a new phase in China’s aspiration to take on a leadership role on climate issues. Beijing’s keen interest in promoting green finance as a cornerstone of the Chinese environmental ... ( read original story ...)
Hong Kong’s Billionaires Make More Money From Property Than Billionaires Anywhere Else
With soaring home prices and shrinking unit sizes, it's not unfair to say that Hong Kong isn't a friendly place for prospective home-buyers. But the story is completely different for the territory's top real estate developers. The top 12 property moguls in ... ( read original story ...)
Le Pen's currency proposal not "credible", says Luxembourg finance minister
Speaking to Reuters during a visit to Hong Kong, Finance Minister Pierre Gramegna said the euro had been strengthened by a series of crises in the European Union, including the Greek sovereign debt crisis. He said improving fiscal conditions among euro ... ( read original story ...)
BRIEF-Hong Kong Finance Group says unit HK Finance enters into loan agreement
* Loan agreement was entered into between HK Finance as lender and customer a as borrower * HK Finance to grant secured loan in principal amount of approximately hk$33.3 million to customer Source text for Eikon: Further company coverage: Next In Financials ( read original story ...)
Hong Kong Business High Flyers Awards 2016 Recognises Exceptional Enterprises
HONG KONG, Jan. 13, 2017 /PRNewswire/ -- In its 13th year, Hong Kong Business High Flyers Awards honours outstanding firms and companies that have exemplified how an exceptional commitment to innovation, strong focus on customer service, and adherence to ... ( read original story ...)
McDonald's unloads its business in China
HONG KONG — McDonald's Corp. has agreed to sell the bulk of its China and Hong Kong business to the state-backed conglomerate Citic Ltd and Carlyle Group LP for up to $2.1 billion, seeking to expand rapidly without using much of its own capital. ( read original story ...)
Hong Kong’s SFC Warns of Yet Another Unlicensed Brokerage
The Securities and Futures Commission (SFC), Hong Kong’s main financial services watchdog, today updated its Alert List with the addition of another brokerage after it was found to be offering its services to the public without being authorised to do so. ( read original story ...)