Reacting to the news that Leung Chun-ying will not seek re-election, some business leaders hope there will be changes for the better for the polarised society, but not everyone is optimistic. Henry Cheng Kar-shun, chairman of New World Development and the ... ( read original story ...)
Hong Kong opens the door to China
Hong Kong’s trade representative came to Tallahassee Wednesday looking for business. In meetings around the capital city with business and political leaders, Steve Barclay explained Hong Kong is the doorway to China and he’s holding it wide open for ... ( read original story ...)
Hong Kong stocks stumble as casino share swoon rocks confidence
Hong Kong stocks were lower on Friday ... Late in the morning session the Hang Seng Index was down 0.42 per cent, while the Hang Seng China Enterprises Index nudged up 0.2 per cent. Andrew Sullivan, a sales traders with Haitong International Securities ... ( read original story ...)
Hang Seng Index slips on Macau report
Hong Kong stocks fell in the morning session on Friday, with casino operators battered by a report saying officials had halved the amount of cash mainland gamblers were allowed to withdraw from ATMs in Macau. The Hang Seng Index shed 0.3 percent ... ( read original story ...)
Hong Kong stocks finish morning on a high
HONG KONG: Hong Kong stocks ended the morning session on a high, taking the lead from another record close on Wall Street and as investors look ahead to a European Central Bank meeting later in the day. The Hang Seng Index climbed 0.65 percent, or 147.46 ... ( read original story ...)
HK stocks retreat as casino firms stung by reports of Macau ATM curbs
Dec 9 Hong Kong stocks snapped a three-day winning streak on Friday, with casino shares leading broad market losses following reports that Beijing would put additional limits on ATM cash withdrawals in the gambling haven of Macau. The benchmark Hang Seng ... ( read original story ...)
Hong Kong Market May Test Resistance At 23,000 Points
The win streak has hit three sessions for the Hong Kong stock ... European Central Bank's highly anticipated monetary policy announcement. The European and U.S. markets were up and the Asian markets figure to follow suit. The Hang Seng finished modestly ... ( read original story ...)
What to watch for from Bank of Canada's Poloz today with the economy at a crossroads
and Hong Kong’s Hang Seng 0.6 per cent. In Europe, London’s FTSE 100, Germany’s DAX and the Paris CAC 40 were up by between 0.9 and 1.5 per cent by about 8 a.m. ET, buoyed by reports of a pending rescue plan for an ailing Italian bank. New York ... ( read original story ...)
China H-Shares Climb to Two-Month High as Autos, Financials Rise
Chinese stocks traded in Hong Kong rose to a two-month high, riding a global rally on optimism Europe’s central bank will prolong its stimulus program. The Hang Seng China Enterprises Index climbed 0.7 percent to 9,896.82, its highest close since Oct. 7. ( read original story ...)
Hong Kong shares end down, casinos slump
HONG KONG - Hong Kong stocks ended lower on Friday after a three ... cash mainland Chinese gamblers could withdraw from ATMs in the gaming city of Macau. The Hang Seng Index fell 0.44 percent, or 100.86 points, to 22,760.98. The benchmark Shanghai ... ( read original story ...)
Leung Chun-ying, Hong Kong's top executive, won't serve another term
Hong Kong's divisive Beijing-backed leader, Chief Executive Leung Chun-ying, said Friday he won't run again for the job after his current term ends next year, citing unspecified family reasons. In a surprise announcement, Leung, who was chosen by a panel ... ( read original story ...)
Hong Kong leader CY Leung not to seek re-election
Hong Kong chief executive CY Leung has said he will not seek re-election in March, citing family reasons for the surprise announcement. Speaking at a news conference, Mr Leung said: "If I run my family will suffer an intolerable stress." Mr Leung has often ... ( read original story ...)
Hong Kong's growing garbage epidemic
Plastic and junk are piling up on Hong Kong's beaches as the city earns the unwelcome label of being one of the biggest litter creators in the world. As Tara Joseph reports, the government has been slow to respond. Reuters is the news and media division of ... ( read original story ...)
Fishy business? Hong Kong supermarkets found to be selling mislabelled frozen seafood
Major supermarkets in Hong Kong were found selling mislabelled seafood products and in one case possibly overcharging customers as the wrong species of fish was identified, according to a global conservation body. The WWF published results of a local ... ( read original story ...)