Andrew Burns, Britain’s first consul general to Hong Kong after the 1997 handover, spoke to a business audience in the days before he retired in 2000. Erudite and amusing in equal measure, he asked himself what he would say in summary about Hong Kong’s ... ( read original story ...)
Xi Jinping to visit Hong Kong for 20th anniversary of handover
Hong Kong (CNN)Chinese President Xi Jinping will visit Hong Kong for the 20th anniversary of the city's handover to Chinese sovereignty, according to Chinese state news agency Xinhua. It will be Xi's first visit to the territory as Chinese leader ... ( read original story ...)
Hong Kong utilities’ “going out” mirrors the city’s transition since 1997
Lancaster has been based in Hong Kong working for CLP for the past 25 years. “Hong Kong is a fantastic hub for doing business ... within five hours from Hong Kong one can access almost half the world’s population,” said the Australian industry ... ( read original story ...)
Hong Kong remains in pole position for IPOs
Hong Kong has been the world’s second largest initial public offering (IPO) market by value over the past two decades, driven mainly by the listing here of a swathe of mainland companies. But there is one sector in particular that the market has largely ... ( read original story ...)
Hong Kong business slams decision to scrap pension fund offset mechanism
Hong Kong business groups have labelled as reckless the government plan to stop them using pension fund contributions to offset severance and long-service payments. They warned the plan would discourage entrepreneurs from starting businesses in Hong Kong ... ( read original story ...)
Hong Kong was supposed to liberalize China. How did the opposite happen?
It predicted that once business-friendly Hong Kong became infected with China’s culture of corruption and patronage, this glittering international finance hub would become just another typical mainland city. “In fact,” the article declared ... ( read original story ...)
Li Ka-shing to retire from his global business empire by 2018
Hong Kong tycoon Li Ka-shing has decided he will retire from his business empire by next year. He says he will remain a “senior adviser” to his flagship conglomerate, CK Hutchison Holdings Ltd. As reported by the Wall Street Journal on Tuesday ... ( read original story ...)
Hong Kong couple win right to bury miscarried son
A grieving couple in Hong Kong have finally been granted permission to pick up the ... "We're really happy and relieved," the father, Kevin, told BBC News. "It's bittersweet, of course, but I'm relieved that we've been able to get closure," he said. ( read original story ...)
Hong Kong’s Stock Market Tells the Story of China’s Growing Dominance
this reflects the nature of the Hong Kong economy,” he said. In the past 10 years, Hang Seng Bank Ltd., HSBC Holdings Plc and Bank of East Asia Ltd. were joined by mainland giants including Industrial & Commercial Bank of China Ltd., China Construction ... ( read original story ...)
Hong Kong’s Gambling Empire Is Losing Horsepower
Before Hong Kong’s return to Chinese rule, Communist leader Deng Xiaoping had a reassuring message for those worried about the departure of the British from the capitalist enclave. Don’t fret, the architect of the handover said: “Horses will still ... ( read original story ...)
Hong Kong’s Carrie Lam: ‘I am no puppet of Beijing’
Mrs Lam is a Roman Catholic. Perhaps it is a sense of duty which drove her to seek Hong Kong's top job. It certainly wasn't popularity. She lagged consistently behind her rival in public opinion polls during the campaign, dogged by allegations that she was ... ( read original story ...)
Meet incoming Hong Kong leader’s hand-picked executive team (and this time there are a few surprises)
A day after unveiling no-surprise cabinet, Hong Kong’s leader-in-waiting Carrie Lam Cheng Yuet-ngor introduced several new faces to her top executive body, including a moderate pan-democrat and a finance heavyweight. The appointment of non-official ... ( read original story ...)
Hong Kong must reach deal this year on operating cross-border railway, MTR boss warns
An operating agreement for the HK$84.4 billion high-speed railway line between Hong Kong, Shenzhen and Guangzhou must be finalised this year to reduce uncertainty, the chairman of the MTR Corp has told the government. Frederick Ma Si-hang also said it ... ( read original story ...)
Hong Kong Racing News: Danny Shum and Lucky Wan Feng
Trainer Danny Shum scored an eventful double at Happy Valley on Wednesday night (21 June), with the handler jokingly suggesting that his winners Sparkling Talent and Lucky Wan Feng should swap names to better describe the manner of their victories. ( read original story ...)