Leung declined to comment on whether his financial minister’s plan would affect his possible re-election bid. Hong Kong business sector backs John Tsang to lead city, senior Liberal Party official claims The appointment of the Liberal Party chief sparked ... ( read original story ...)
Buyback activity on Hong Kong exchange falls for first time in four weeks
The buying slowed after rising for three straight weeks while the selling among directors rose for the second straight week based on filings on the Hong Kong exchange in the fourth week of November. Buyers outweighed sellers with 33 companies that recorded ... ( read original story ...)
How to enjoy Hong Kong on a budget
Hong Kong’s skyline filled with endless skyscrapers may make ... current room views of construction sites and cranes will change in the future to a booming business district. As it is at the moment, the location means you will have to jump on the Metro ... ( read original story ...)
Baazov filing says US$3.45 billion still lined up to take Amaya private
MONTREAL - The founder and former chief executive of online gaming firm Amaya Inc. says he still has US$3.45 billion in committed financing from a pair of Hong-Kong-based investors lined up to buy the company. That's US$200 million less than the original ... ( read original story ...)
App lets Hong Kong homebuyers know if houses are haunted
HONG KONG — Ship Street is quintessentially Hong Kong ... After more than 30 years in the real-estate business, Lily Wong, a local agent, knows most Chinese clients are not interested in even looking at haunted apartments. “They wouldn’t rent, ... ( read original story ...)
Hong Kong finance chief dismisses talk that he will express intent to run for top job during Beijing trip
Financial Secretary John Tsang Chun-wah dismissed speculation that he would express his intent to run for Hong Kong’s top job as he headed to Beijing to meet with key officials. Speaking at the airport before his departure on Sunday morning, Tsang ... ( read original story ...)
Amaya founder finds additional Hong Kong funds for takeover bid to fill void left by Dubai investor
“We continue to support David Baazov,” Stanley Choi, chairman of Head and Shoulders Financial Group, said in a phone interview from Hong Kong, adding that he’s “not at all” concerned about what happened in the past week with KBC. He declined to ... ( read original story ...)
Thousands call for equality in Hong Kong pride parade
A huge rainbow flag led thousands through the streets of Hong Kong Saturday as the city's LGBT community braved the rain and wind to call for equality at its annual pride parade. Participants dressed for this year's "naughty green" theme sang and danced ... ( read original story ...)
Hong Kong Looking Seriously at Blockchain for Mortgage Solutions
Hong Kong is one of the most important financial centres of the world, but with limited space and high demand, property in Hong Kong has always been in short supply. Simplifying home ownership in Hong Kong is therefore a prime concern for the Hong Kong ... ( read original story ...)
Shenzhen-HK Stock Connect to launch
The HKSAR Government welcomed the announcement. Financial Secretary John Tsang thanked the relevant Central Authorities for their staunch support for the Shenzhen-Hong Kong Stock Connect “The regulatory authorities as well as exchanges and clearing ... ( read original story ...)
Hong Kong chief executive denies using influence to land daughter internship at major bank
Chief Executive Leung Chun-ying has dismissed allegations that he used his influence six years ago to secure an internship for his younger daughter at an international investment bank Leung Chung-yan was still at secondary school at the time and her father ... ( read original story ...)
Hang Seng Hits Two-Week High, Yield Trends Still A Concern
which has underpinned confidence and there are also expectations that capital flows into Hong Kong equities from the mainland will strengthen. After opening little changed, the Hang Seng index moved sharply higher in the first 30 minutes of trading with a ... ( read original story ...)
Hong Kong market posts biggest weekly gain in nearly two months as China financials rebound
Hong Kong stocks notched up their biggest ... partly due to the bank’s share repurchase scheme. Yip said the short-term rebound hasn’t reached an end but the Hang Seng Index will face more resistance at 23,000 to 23,600. Brett McGonegal, chairman ... ( read original story ...)
Hong Kong shares slip, hurt by Tencent's disappointing results
Nov 17 Hong Kong's benchmark Hang Seng Index edged lower on Thursday, with continued strength in the U.S. dollar hurting sentiment in Asia, but the decline was limited by strength in the services sector. The benchmark Hang Seng index fell 0.1 percent ... ( read original story ...)