Melvin Wong left HSBC in Hong Kong as a corporate banker, now he’s back just 12 month later…as a private banker. https://news.efinancialcareers.com/hk-en/301674/bankers-asia-regret-salary-rises/ HSBC has rehired one of its former corporate bankers ... ( read original story ...)
Wild Hong Kong: fans of country parks oppose concreting of trails, taking land for homes
Wooded hillsides, craggy ridges and wheeling birds of prey are a world away from Hong Kong’s skyscrapers – but the city’s country parks are a necessary balm for its stressed out residents. With some of the world’s highest property prices ... ( read original story ...)
More money for Hong Kong to splash out with ‘considerably high’ HK$57.2 billion budget surplus, finance chief writes
Hong Kong’s finance chief has hinted he would keep splashing money in his upcoming budget in light of a “considerably high” surplus despite the provision in the Basic Law requiring the city to keep the budget commensurate with its GDP growth rate. ( read original story ...)
Hong Kong stocks extend gains to a 9th session in winning start to 2018
Hong Kong stocks finished higher on Friday for a ninth straight session, capping the first week of 2018 with a 3 per cent advance, the best performance since the week that ended October 6 and moving closer to its all-time high in 2007. The Hang Seng Index ... ( read original story ...)
Tencent’s Pony Ma backs IPO of Hong Kong eye care company
Tencent-affiliated new listings were highly sought-after in Hong Kong last year. Now, there is one more firm that looks set to join the list: C-Mer Eye Care Holdings (03309.HK). The Hong Kong-based ophthalmic services provider, which is seeking up to US$73 ... ( read original story ...)
I rode Hong Kong’s amazing subway where it’s impossible to get lost — now I’ll never look at the London Underground in the same way
Hong Kong’s subway system, the Mass Transit Railway (MTR), is ... No more pushing and shoving to get onto the train. Will Martin/Business Insider The MTR is also fiendishly efficient when it comes to boarding and alighting. Instead of the mad free ... ( read original story ...)
Hong Kong needs more than tax breaks for the aircraft leasing hub to get off the ground
Many who invest in this business hope to raise funds through an IPO “in Hong Kong or Shanghai,” Leung said. “In an IPO, the first thing the stock exchange reviews is your profit and loss.” It is also one of the world’s major financial centres and ... ( read original story ...)
Hong Kong justice chief departs amid rule of law worries
Hong Kong's justice chief is leaving his job earlier than expected ... and a separate legal system following its 1997 handover from Britain. Yuen said at a news conference that "at different stages of life, one should do different things," without elaborating. ( read original story ...)
Hong Kong’s first listed Chinese rural bank moves closer to a return to A-share market
Chongqing Rural Commercial Bank, one of China’s largest lenders to farmers and small businesses, said its A-share IPO application has been accepted by China Securities Regulatory Commission, marking a major step for the first Hong Kong-listed lender to ... ( read original story ...)
China, Hong Kong shares keep climbing; developers lend support
Chinese H-shares listed in Hong Kong rose 0.19 per cent at 12,226.95, while the Hang Seng Index was up 0.18 per cent at 30,791.59. The smaller Shenzhen index was up 0.16 per cent and the start-up board ChiNext Composite index was higher by 0.54 per cent. ( read original story ...)
Hong Kong film prop maker faces jail over 200,000 ‘counterfeit’ bank notes labelled as props
The boss of a Hong Kong film prop company could face jail time over allegedly possessing some 200,000 “counterfeit” bank notes labelled “props”. According to testimony heard at the Eastern Magistrates Court on Thursday, the bank notes were used in ... ( read original story ...)
Two Chinese men carrying 50 bank cards robbed of HK$350,000 at ATM in Hong Kong
A visitor from mainland China suspected to have been recruited by underground banks to cross the border and withdraw cash from ATMs was robbed of more than HK$350,000 (US$44,770) in a hold-up in Hong Kong before dawn on Thursday. The 28-year-old man from ... ( read original story ...)
Mainland man carrying 40 bank cards robbed of HK$360,000 at ATM
A mainland man was robbed of HK$360,000 in cash by six knife-wielding thieves on Thursday after he withdrew the money from an ATM. Last month, Ming Pao reported that the police had observed a phenomenon of mainland people using multiple bank cards to ... ( read original story ...)
Startup Demonstrates Ultra-High Resolution Micro-LED Micro-Displays
Hong Kong based startup JBD announced recently that it has successfully demonstrated monochromatic ultra-high resolution active matrix micro-LED displays as an enabling technology for next-generation display panel applications. JBD, a Hong Kong based ... ( read original story ...)