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 ...)
Here’s why Hong Kong’s new start-up board is like a casino in the Wild East
The decision by the HKEX to hold a reform consultation at the height of the worst stock market regulation crisis in Hong Kong since the exchange was suspended during the 1987 crash may be remembered as an act of spectacular folly. A mysterious stock price ... ( read original story ...)
Hong Kong stocks set to rise on Tuesday after gains on Wall Street
Financial stocks advanced in Hong Kong on Monday after the new Bond Connect programme opened mainland China’s bond market to global investors.The banking and brokerage sectors, the direct beneficiaries of the connect programme, rose 0.8 per cent and 0.5 ... ( read original story ...)
Football app start-up Ballr on the hunt for Hong Kong investors, as China set to be its key market
High-flying mobile gaming start-up Ballr is looking to raise up to US$20 million in new funding this year from Hong Kong investors, as its advertising-backed interactive football app taps into an ever-expanding fanbase across Asia-Pacific. Still only ... ( read original story ...)
Tencent’s online publisher files for Hong Kong IPO seen worth $800 million
HONG KONG China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. The deal is also boost for the ... ( read original story ...)