State-owned Allahabad Bank today said it proposes to close its only foreign branch in Hong Kong as part of rationalisation of its overseas operations. State-owned Allahabad Bank today said it proposes ... ( read original story ...)
Allahabad Bank to close its foreign branch in Hong Kong
NEW DELHI: State-owned Allahabad Bank on Friday said it proposes to close its only foreign branch in Hong Kong as part of rationalisation of its overseas operations. In compliance with the government' ... ( read original story ...)
Bank staffer jailed 21 months for HK$1m theft
A former Bank of Communications staffer who pleaded guilty to a count of fraud at the District Court today has been sentenced to 21 months of imprisonment. Wong Wai-po, 29, was accused of stealing 200... ( read original story ...)
Is Hong Kong racist? Prejudice against ethnic minorities, especially Africans, undermines city’s claim to be truly international
Lok is president of the Hong Kong African Association which she hopes will be allowed to convert an abandoned school in their village into an activity centre. Despite approval by the Town Planning Boa... ( read original story ...)
Business as usual for Gaucho Hong Kong despite collapse of steakhouse chain in UK
The collapse in the United Kingdom of the Argentinian steakhouse chain Gaucho and its sister chain Cau will not affect Hong Kong’s Gaucho Hong Kong eatery at LHT Tower, in the heart of Central, and a ... ( read original story ...)
Hong Kong’s asset and wealth management business reached $24,270 billion in 2017
The Hong Kong Securities and Futures Commission (SFC) has released the findings of its annual Asset and Wealth Management Activities Survey, previously known as the Fund Management Activities Survey, ... ( read original story ...)
Chinese buyer rewrites Hong Kong record books with US$755 million for Shouson Hill luxury site
Chinese companies’ appetite for Hong Kong property shows no signs of abating, with a luxury development near Deep Water Bay selling for a record HK$5.93 billion (US$755.4 million), the largest single ... ( read original story ...)
Keep Hong Kong housing for Hong Kong people, and prices will fall
I have two suggestions. One, bar mainland citizens or any other non-residents from investing in Hong Kong’s residential property. Some Western governments, as well as authorities in mainland China, ha... ( read original story ...)
Hong Kong’s youth need to realise that a land of opportunity awaits across the border
Skyrocketing property prices, a narrowing industry structure and, most critically, the lack of upward social mobility, make young people increasingly disillusioned about the future. Some politicians a... ( read original story ...)
Hong Kong seeks bigger role in BRI
Hong Kong’s Mass Transit Railway corporation treasurer David ... emissions are less than other forms of transportation,” he said. “We are a greening business. And whatever finance we raise, we should ... ( read original story ...)
Why Hong Kong has the world’s most expensive office space
"Strong demand coupled with low vacancy in the CBD (central business district) has kept the office market robust and prices have reacted," Tom Gaffney, Regional Managing Director of CBRE's Greater Bay ... ( read original story ...)
Former Hong Kong leader hospitalised after misconduct jailing
His trial came at a time when residents were losing faith in Hong Kong's leaders after a string of corruption cases fuelled suspicions over links between public officials and business figures. Tsang w... ( read original story ...)
Court sends former Hong Kong leader back to jail with reduced sentence
“The applicant’s misconduct was in our view particularly serious given his pre-eminent position in the community and the harm his actions will have engendered among the people of Hong Kong in their co... ( read original story ...)
Ex-Hong Kong leader sent back to jail on reduced sentence after failed appeal
HONG KONG (Reuters) - Former Hong Kong leader Donald Tsang was ... on a charge of misconduct in public office for failing to declare certain dealings with a business tycoon. The sentence brought an ig... ( read original story ...)