Hong Kong’s sky-high prices and low affordability rank it as one of the riskiest property markets for Savills Investment Management, which is avoiding the city in favor of Japan and Australia. “Hong Kong is highly, highly expensive,” Kiran Patel, who ... ( read original story ...)
A Classy Compromise for Hong Kong
The biggest kick in the teeth was the loss of Alibaba Group Holding Ltd., which chose to list in New York after Hong Kong refused to yield on one-share-one-vote, raising $25 billion in the world's biggest-ever IPO in 2014. The company had sought ... ( read original story ...)
Hong Kong could launch pilot for different share classes in 2018: SCMP
to take its record $25 billion IPO to New York in 2014. Alibaba’s decision was widely regarded as a significant loss for Hong Kong Exchanges and Clearing Ltd (HKEX) (0388.HK), which operates the bourse, and raised concerns the city could lose its appeal ... ( read original story ...)
Virtual Reality, Drones, and Startups Among Highlights at HKTDC Hong Kong Electronics Fair
Hong Kong is at the epicentre of the global electronics industry for the HKTDC Hong Kong Electronics Fair (Autumn Edition) at the Hong Kong Convention & Exhibition Centre from October 13-16, 2017. The Autumn Electronics Fair and the concurrent ... ( read original story ...)
GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. The total raised this week was more than $67 million. >>Klook, a Hong Kong-based travel activities marketplace, has completed a nearly $60 million Series C funding ... ( read original story ...)
End of an era for Hong Kong trading floor
It's a bittersweet day at the Hong Kong stock exchange. Trading at the physical trading floor will close, after 31 years. In its heyday, during the 1980s and 1990s, the floor was home to more than a thousand traders. But the rise of electronic and internet ... ( read original story ...)
Greater Bay needs regulatory ‘sandbox’ for fintechs, urges China’s former top banking regulator
Liu Mingkang, a former chairman of China’s banking regulator, is urging the setting up of ... Delta region linking 11 cities in southern Guangdong province, including Hong Kong and Macau. Regulatory sandboxes are effectively “safe, supervised spaces ... ( read original story ...)
Detained Hong Kong bookseller Gui Minhai reunited with family, friend says
Hong Kong-based bookseller Gui Minhai has been reunited with his family in the Chinese city of Ningbo following his release from custody on the mainland last week, his long-time friend said on Friday. Dissident poet Bei Ling, co-founder of the Independent ... ( read original story ...)
Hong Kong’s Sky-High Property Prices Make City Too Risky for Savills
Hong Kong’s sky-high prices and low affordability rank it as one of the riskiest property markets for Savills Investment Management, which is avoiding the city in favor of Japan and Australia. “Hong Kong is highly, highly expensive,” Kiran Patel, who ... ( read original story ...)
Hong Kong superstar Rex Tso out of action for six months as he recovers from left eye injury
Hong Kong superstar Rex Tso Sing-yu’s bid for a world title shot ... The fight was stopped at the start of the seventh round after a ringside doctor examined Tso’s almost completely shut eye and declared the fight over. Tso won the fight on a technical ... ( read original story ...)
How Hong Kong airport fights waste for greener environment
In 2013, the Hong Kong government mapped out a waste management blueprint ... In 2011, the scope of collection expanded to cover 17 airport business partners including hotels and airline caterers, and 29 food and beverage tenants and lounges within the ... ( read original story ...)
Hong Kong schools in ‘brainwashing’ row over China speech
The Hong Kong government was accused of "brainwashing" on Thursday after it suggested schools broadcast to students a live address by a Beijing official visiting the city. It comes as concern grows that Chinese authorities are squeezing semi-autonomous ... ( read original story ...)
Bank of Canada’s Poloz might be spooked by an unnatural economy: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China ... just days before Halloween may have been reassured to hear Bank of Canada governor Stephen Poloz held rates steady yesterday. ( read original story ...)
World shares drift as Europe central bank meeting looms
HONG KONG — World stock markets were drifting Thursday as uneven earnings reports and a widely awaited European Central Bank meeting gave investors reason to pause. KEEPING SCORE: European shares climbed in early trading. France’s CAC 40 rose 0.2 per ... ( read original story ...)