Homebuyers in Hong Kong rushed to buy flats on Friday and Saturday in the city’s first two sales after the US raised interest rates, indicating no dip in the buoyant and expensive local property market. As of 5pm on Saturday, all 119 units on offer ... ( read original story ...)
How China’s Alibaba Is Winning Over Hong Kong And Taiwan — Startup By Startup
Ralph Jennings, Contributor Opinions expressed by Forbes Contributors are their own. The startup fund is growing businesses in Hong Kong and Taiwan despite with an ulterior motive of showing them that mainland China can play nice, analysts suggest. ( read original story ...)
Review: Hong Kong Airlines Business Class A350 Hong Kong To Los Angeles
I boarded through the forward door, where I was pointed towards my seat by a friendly flight attendant. Hong Kong Airlines’ A350 business class cabin is entirely between doors one and two on the A350. The seats are in a staggered configuration consisting ... ( read original story ...)
High demand among Hong Kong shoppers sees Canada Goose plan flagship store selling arctic winter coats for US$900
The news comes as Hong Kong tourist arrivals rose 11 per cent for April compared with a year earlier, a third consecutive month of growth, according to numbers from the Tourism Board. Meanwhile, the government said retail sales jumped 12.3 per cent year on ... ( read original story ...)
Talk of turning Hong Kong golf course into housing dominates city’s first public forum on land supply
The controversial issue of whether to develop a Hong Kong golf course for housing dominated the first public forum held by the task force on land supply on Saturday, with staff and consultants for the sports ground speaking up. About 150 people took part ... ( read original story ...)
Undercover investigation exposes the Hong Kong employment agencies still exploiting domestic workers for profit
An undercover investigation has exposed unscrupulous bosses ripping off Hong Kong’s domestic workers by making them pay illegally high fees to get a job – despite last year’s official guidelines to the contrary. Research by the Federation of Asian ... ( read original story ...)
Hong Kong’s fixer-upper tycoon pushes limit of property investing
Everyone told Goodwin Gaw not to do it. The sprawling shops, offices and homes complex in Beijing that private equity group Gaw Capital Partners had in its sights was a dud, property moguls said. Beneath the four towers of Pacific Century Place was a ... ( read original story ...)
Shenzhen the launch pad for HK startups
SAR's entrepreneurs answer clarion call to go north to realize their dreams It didn't take long for Hong Kong entrepreneur Chan Sing to be shown the ropes when it comes to doing business - barely three years on the road from an incubatee startup to an ... ( read original story ...)
China’s largest job site Liepin seeks US$400 million in Hong Kong float
Wise Talent Information Technology, which operates China’s largest job recruitment site Liepin, is seeking to raise as much as HK$3.12 billion (US$400 million) in Hong Kong – the second biggest IPO by a unicorn company this year after Ping An Good ... ( read original story ...)
Hong Kong Gives Mainland Police Sway in New Train Station
HONG KONG — Hong Kong’s legislature approved a contentious plan late Thursday to allow mainland Chinese police officers to operate in a section of a new train station scheduled to open this year. To the Hong Kong government, the West Kowloon station is ... ( read original story ...)
Reuters Inst. study flags impact of Chinese money on independence of Hong Kong media
Hong Kong’s media has continued to come under the influence of Chinese investors, according to a Reuters Institute study. The 2018 Reuters Digital News Report found that declining revenues meant that Hong Kong news outlets were turning to Chinese ... ( read original story ...)
HONG KONG | Bill passage seen as increasing China’s hold over Hong Kong
HONG KONG — Hong Kong’s legislature has passed a bill that will allow Chinese authorities to enforce their own laws within a portion of the semi-autonomous territory. Independent lawmakers believe the bill governing the Hong Kong terminus of the rail ... ( read original story ...)
Hong Kong lawmakers slam bus operators Citybus and New World First Bus over call for 12 per cent fare rise
Groups across the political spectrum in Hong Kong slammed two franchised bus operators on Friday and accused them of increasing the burden on the public by pushing for a 12 per cent fare rise. While it has been 10 years since the last fare increase by ... ( read original story ...)
Hong Kong’s Swire sells two office towers in Cityplaza development for US$1.9 billion
according to property firm JLL’s May Property Market Monitor, adding that demand mainly focused on eastern Hong Kong Island and the east of Kowloon, which accounted for around 76 per cent of the new lettings in May. Swire Properties saw its underlying ... ( read original story ...)