Stretched property valuations mean Hong Kong’s economy is vulnerable if interest rates rise faster than expected, the International Monetary Fund said. In its annual assessment of the Asian financial hub, the IMF identified three main risks -- rising ... ( read original story ...)
Hong Kong to Anywhere in Business Class for 35,000 Miles
GOL Smiles is the frequent flyer program for GOL Airlines, the largest low-cost carrier in South America. It’s not a program that’s often talked about, but they actually have some pretty good redemption options. You can transfer SPG Starpoints to GOL ... ( read original story ...)
McDonald’s to keep minority stake in China, Hong Kong stores: source
McDonald’s Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep “a significant minority stake in the business,” a person with direct knowledge of the plans ... ( read original story ...)
How one Hong Kong chef has big plans for burgers and the aesthetic of slow fast food
But in his case, that last bit proved easier than the winner of this year’s SME Award at the DHL/SCMP Hong Kong Business Awards might have hoped. Throughout his career, Glover’s noticed a correlation between media coverage and lines stretching out the ... ( read original story ...)
Shenzhen-Hong Kong Stock Connect strengthens city’s ‘super-connector’ role, says Chief Executive CY Leung
The new share trading link between Shenzhen and Hong Kong is being heralded as a milestone that will strengthen Hong Kong’s role as a “super-connector” between China and the world – and the local bourses say there may be more connect schemes to come. ( read original story ...)
SCED promotes Hong Kong's business ties with Switzerland
Hong Kong (HKSAR) - The Secretary for Commerce and Economic Development, Mr Gregory So, yesterday (December 5, Bern time) met with his Swiss counterparts in Switzerland to promote closer trade and economic ties between Hong Kong and the country. Mr So ... ( read original story ...)
Hong Kong financial secretary warns of economic instability and uncertainty in 2017
Financial Secretary John Tsang Chun-wah yesterday warned Hong Kong of economic instability next year, arising from financial uncertainty in the United States, China, Europe and Japan. He told the Legislative Council’s financial affairs panel that the ... ( read original story ...)
Hong Kong leader CY Leung says his finance chief was wrong to refuse lawmakers’ questions
Chief Executive Leung Chun-ying has said Hong Kong’s finance chief should not have snubbed questions from four lawmakers currently subject to disqualification proceedings, apparently widening the rift with the man vying to be his successor. Leung said on ... ( read original story ...)
BRIEF-Hong Kong Building And Loan Agency says State Energy HK acquires 454.3 million shares of co
Dec 6 Hong Kong Building And Loan Agency Ltd : * State energy hk acquired 454.3 million shares of co at market and convertible bonds in principal amount of hk$90.9 million Source text for Eikon: Further company coverage: Next In Financials ( read original story ...)
China stocks nervous as regulators bare teeth, Hong Kong rebounds
China stocks inch up - SSEC 0.1 pct, CSI300 0.1 pct * Hong Kong rebound - HSI 0.8 pct * Financials weighed as insurance regulator punishes Baoneng Group unit * Move comes after securities regulator slams "barbaric" M&A * Small-caps advance in mainland and ... ( read original story ...)
Financial Sec. John Tsang calls for unity and defence of core values as he considers Chief Exec. run
Financial Secretary John Tsang Chun-wah has said Hong Kong must defend its core values and seek unity in working with each other, otherwise the city cannot progress with even the smallest plans. In his latest blog post, Tsang hinted at views he may be ... ( read original story ...)
Dalian Wanda executive in charge of relisting plan resigns
HONG KONG (Reuters) - The chief architect behind Dalian Wanda ... The resignation of Lu Xiaoma from the post of vice president of Dalian Wanda Financial Group signals the difficulties the conglomerate, owned by China's richest man, Wang Jianlin, is having ... ( read original story ...)
Exclusive : McDonald's to keep minority stake in China, HK stores -source
HONG KONG (Reuters) - McDonald's Corp is looking to raise $1 billion to $2 billion with the sale of its China and Hong Kong stores after the U.S. fast-food chain decided to keep "a significant minority stake in the business," a person with direct knowledge ... ( read original story ...)
The new expat invasion: why more French bankers are moving to Hong Kong
http://news.efinancialcareers.com/hk-en/267404/shenzhen-hong-kong-stock-connect-banking-job/ It’s supposedly been a year of job cuts and expensive expat bankers buying one-way plane tickets back home. But no one told that to the French finance ... ( read original story ...)