Shares of Yixin Group, China’s biggest online car retailer, had surrendered most of their early gains by Thursday’s close in Hong Kong, disappointing market watchers who had anticipated a blockbuster debut. The company, which is backed by Tencent and ... ( read original story ...)
Hong Kong’s controversial connection with Zimbabwe’s first couple, Robert and ‘Gucci Grace’ Mugabe
Undoubtedly the most notorious Hong Kong incident involved an act of naked violence ... New Territories, made the news. The three-storey upmarket villa at JC Castle along Shan Tong Road was reportedly bought under the name of Hsieh Ping-sung for HK$ ... ( read original story ...)
Hong Kong, Singapore key centres of trafficking ring sending thousands of Filipino helpers to Russia
Hong Kong has been a top breeding ground for job recruitment frauds as thousands of Filipino domestic helpers in the city have been trafficked to countries like Russia, Brazil and Turkey for bogus jobs, a senior Philippine official told the Post on Wednesday. ( read original story ...)
Hong Kong’s investment interests in the UK undaunted by Brexit, says official
Hong Kong companies and individuals are still investing in the UK, particularly in British property despite the uncertainty in the country’s prospects in the short and long term. Sajid Javid, the UK’s Secretary of State for Communities and Local ... ( read original story ...)
Hong Kong still has plenty of wasted space to solve its housing woes
It is as simple as that. – Nelson Wong, vice-chairman, Business and Professionals Federation of Hong Kong, in SCMP’s “Letters to the editor”, November 15, 2017 He is absolutely right about the crowding. It is an embarrassment for Hong Kong that in ... ( read original story ...)
Lawmakers finally back Hong Kong government’s push for joint railway checkpoint with mainland
Lawmakers finally gave a symbolic green light to the government on Wednesday to get moving on a politically contentious joint checkpoint on the Hong Kong side of the cross-border railway to Guangzhou, as filibustering opposition members exhausted all their ... ( read original story ...)
Hong Kong’s largest bus company says it plans to launch HK$800 monthly pass in early 2018
Hong Kong’s largest franchised bus operator said on Wednesday it planned to launch its highly anticipated HK$800 monthly pass early next year for all passengers. The Transport Department approved KMB’s application for the offering last month and was ... ( read original story ...)
Thousands of Hong Kong’s Filipino workers fall victim to overseas recruitment fraud, official warns
Hong Kong has been a top breeding ground for job recruitment fraud as thousands of Filipino domestic helpers in the city have been trafficked to countries like Russia, Brazil and Turkey for bogus jobs, a senior Philippine official told the Post on Wednesday. ( read original story ...)
Hong Kong judicial independence is safe, former judge Henry Litton says
A former top Hong Kong judge said on Wednesday he did “not see any threat to judicial independence” amid concerns in the city and abroad regarding the jailing of three prominent political activists in the city. Former Court of Final Appeal judge Henry ... ( read original story ...)
Hong Kong taxis go greener as new fuel-efficient hybrids set to join fleet
Hong Kong’s taxi operators are set to embrace the era of the hybrid with the arrival of four energy-saving, next-generation Toyota taxis that now await the government’s importation approval. A spokesman for Crown Motors Ltd, the sole distributor of ... ( read original story ...)
Tencent-backed Yixin’s IPO is Hong Kong’s 10th hottest ever as investors eye China’s online car sales growth
Yixin Group, China’s largest online car retailer, has priced its highly-anticipated initial public offering at the upper end of the price range to raise a total HK$6.77 billion (US$870 million), as investors eye the rapid rise of vehicle e-commerce in ... ( read original story ...)
Don’t worry about anthem, checkpoint sagas – Hong Kong is still autonomous, Beijing insists
Two key mainland Chinese officials overseeing Hong Kong affairs have assured the city’s largest group of barristers that Beijing has not tightened the “one country, two systems” policy in light of two highly contentious political issues. They urged ... ( read original story ...)
Credit cards surge for BOC
It also holds shares in Nanyang Commercial Bank, Chiyu Banking Corporation and BOC Credit Card (International). China Mobile Hong Kong Company is the wholly owned subsidiary of China Mobile (0941), which was incorporated in January 1997. ( read original story ...)
Hong Kong Official Touts Blockchain for China’s ‘Belt and Road’ Plan
According to Chinese news service Caixin, James Lau, Hong Kong’s Secretary for Financial Services and the Treasury, touted the technology during a forum appearance on Friday. Lau said that blockchain would bring "great benefits" to nations participating ... ( read original story ...)