Hong Kong’s Red-Hot Home Market Set to Defy Rate Hikes

Financial Secretary Paul Chan warned last year of a “dangerous situation” in property. Yet, many factors suggest that, despite Hong Kong’s link to U.S. monetary policy via a pegged exchange rate, rising rates alone won’t kill off the property boom ... ( read original story ...)

Hong Kong stocks reach new peak, China index aided by Q4 growth

The top gainer on Hang Seng was Industrial and Commercial Bank of China Ltd up 3.6 per cent. Hong Kong stocks rose to a fresh peak on Thursday, led by telecommunications and financial firms. The China Enterprises index HSCE, which tracks major Chinese firm ... ( read original story ...)

Discover Increases Acceptance in Hong Kong

Discover Global Network, the payments brand of Discover Financial Services, will expand card acceptance at key merchants in Hong Kong by working with First Data and JCB International, the international operations subsidiary of JCB Co., Ltd. (referred to ... ( read original story ...)

Phillip Zhong: Hong Kong’s property prices are perilously high

It is always difficult to predict when a bubble may burst, but the current level of prices in the Hong Kong residential property market suggests that there could be a correction in 2018, if not a U.S.-style crash. Hong Kong property prices have more than ... ( read original story ...)

Hong Kong actor Eric Tsang denies sexual misconduct rumors

HONG KONG (AP) — Well-known Hong Kong actor Eric Tsang has vehemently denied rumors of sexual misconduct by him. Tsang said at a news conference Wednesday that all of the allegations were false and had tarnished his reputation and affected those closest ... ( read original story ...)

Hong Kong activists jailed for role in 2014 protests

Hong Kong pro-democracy activists jailed for contempt of court for their role in the country's 2014 'Umbrella' protests. Raphael Wong (Centre) and Joshua Wong (Right) were jailed for contempt of court in Hong Kong on Wednesday [Bobby Yip/Reuters] A Hong ... ( read original story ...)

Young Hong Kong democracy activist sentenced to 3 months in jail

HONG KONG -- A Hong Kong court has sentenced democracy activist Joshua Wong to three months in jail in a contempt case stemming from the 2014 "Umbrella Movement" protests. The 21-year-old Wong was among activists who learned their punishment in Hong Kong's ... ( read original story ...)