Hong Kong’s new leader Carrie Lam Cheng Yuet-ngor will be grilled on how she will deliver on her election promises on Wednesday as she attends her first question-and-answer session at the Legislative Council. She will also announce plans to give an extra ... ( read original story ...)
New Hong Kong leader strikes conciliatory tone in first week in office
HONG KONG New Hong Kong leader Carrie Lam struck a conciliatory tone on Wednesday and vowed to improve ties with the legislature, but she suggested fresh reforms to bring greater democracy to the Chinese city would not be tabled any time soon. The former ... ( read original story ...)
Hong Kong Resurgence: Asian Financial Center Targets Fintech Dominance
A Discussion with Charles d’Haussy, Head of Fintech, InvestHK. Hong Kong has been a definitive leader in global finance and trade for many decades. Yet when it comes to Fintech, embracing financial innovation has been slower than some other centers of ... ( read original story ...)
China’s Tencent invests in Indonesia’s Go-Jek amid SE Asia push: sources
HONG KONG Tencent Holdings Ltd (0700.HK) has invested around $100 million to $150 million in Indonesian ride-hailing startup Go-Jek, sources said, in another sign the Chinese tech giant was looking to tap into growth in Southeast Asia's mobile-based services. ( read original story ...)
Singapore to postpone bank capital rules; follows Hong Kong, Australia delays
HONG KONG Singapore's banking regulator has told lenders it will delay by a year the implementation of global rules designed to rein in trading risks - the latest sign that the post-crisis overhaul of the world's banking system may be stalling. The move ... ( read original story ...)
7 Tips To Make A Splash At RISE Hong Kong
It’s coming up to that time of the year when the RISE Summit hits Hong Kong. Produced by Web Summit, RISE is the biggest startup event in Asia. During the three-day series of events, held from July 11th – 13th 2017, a multitude of speakers ... ( read original story ...)
Hong Kong Airlines Wants To Start Los Angeles Flights In December 2017
While Cathay Pacific is Hong Kong’s most well known airline, they’re not the only airline based there. Another airline that’s growing very nicely is Hong Kong Airlines, which presently has a fleet or A320 and A330 aircraft. The airline also has 15 ... ( read original story ...)
Hong Kong weather brings rain and high humidity for early July
Hong Kong is getting a very wet start to July, with at least 12 days of frequent showers and humidity of up to 95 per cent on the way, according to the Observatory. On Tuesday morning, many had to rush to work in heavy downpours, with occasional sunshine. ( read original story ...)
Hong Kong-China Bond Trading Link Gets Off to Quiet Start
A long-mooted bond trading link between Hong Kong and mainland China got underway Monday morning to little fanfare from traders. The so-called Bond Connect gives foreign investors access to China’s USD9 trillion onshore bond markets – the world’s ... ( read original story ...)
Hong Kong stocks fall amid North Korea tension, Tencent controversy
Hong Kong and mainland stocks fell at the start of morning trading on Wednesday as technology giant Tencent took a pounding and tensions around North Korea intensified. The Hang Seng Index opened down 0.38 per cent, or 96.69 points, at 25,293.32 ... ( read original story ...)
HK govt to start national education in schools
Members of the Hong Kong Academy of School Managers attend a lecture on China's space exploration ahead of the 20th anniversary of Hong Kong's return. More than 600 students listened to the lecture held at the Fukien Secondary School Affiliated School. ( read original story ...)
Roar or whimper? Sir Richard Branson launches Virgin Australia’s inaugural flight to Hong Kong with a traditional dance inside a DRAGON costume
Sir Richard Branson launched Virgin Australia's inaugural flights to Hong Kong on Wednesday, marking the start of the airline's expansion into Greater China. The airline's inaugural flight departed at 9.40am after much fanfare at Melbourne International ... ( read original story ...)
Hong Kong’s RQFII quota increased to 500b yuan
China’s state council has approved the increase of Hong Kong’s renminbi qualified foreign institutional investor (RQFII) quota to 500 billion yuan (US$73.6 billion), according to an announcement posted on the People’s Bank of China website on Tuesday. ( read original story ...)
Hong Kong property owners net record high offer of HK$15,383 per sq ft for redevelopment projects
Hong Kong’s Urban Renewal Authority announced on Monday the highest acquisition offer on record – of HK$15,383 per square foot – extended to property owners affected by three redevelopment projects in Kowloon. The offers are to be issued on Friday. ( read original story ...)