April 27 Hong Kong's benchmark stock index closed at its highest level in 20 months on Thursday as investor sentiment remained supported by prospects of better global growth and receding worries about political risks in Europe. The market also drew support ... ( read original story ...)
Hong Kong's drawndown mortgage loans in March rise 17.8 pct m/m
April 28 (Reuters) - New mortgage loans drawn down in Hong Kong totalled HK$24.9 billion in March, up 17.8 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from HKMA: 2017 2017 ... ( read original story ...)
Hong Kong boasts massive cityscape, but has enough local quirks to keep you on your toes
In a crowded fish market in Hong Kong’s Causeway Bay area, mongers prove the freshness of their cod by displaying them splayed and bloody, their hearts still fluttering with life. Around the corner, “voodoo women” hold court under a raised highway ... ( read original story ...)
BOC Hong Kong : Financial and Business Review for the First Quarter of 2017
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for ... ( read original story ...)
Hong Kong property prices hit record high for fifth straight month
HONG KONG, April 28 Private home prices in Hong Kong, one of the least affordable places in the world, hit a record high for the fifth month in a row in March, extending its year-long price surge, according to government data released on Friday. Cooling ... ( read original story ...)
Hong Kong in running to host world’s biggest IPO after regulators met Aramco executives
Hong Kong sealed its place among the front-runners to host the biggest initial public offering in history after oil giant Saudi Aramco sent its executives to talk with local regulators, according to Carlson Tong Ka-shing, chairman of the Securities and ... ( read original story ...)
Hong Kong Dollar Drop Has Origin in Property-Lending Rumbles
Where U.S. interest rates go, Hong Kong’s follow. At least that’s the theory with the territory’s pegged currency system. It’s not always the case. There was a sharp divergence in rates in 2003, when Hong Kong’s economy was hit by the impact of ... ( read original story ...)
Customers in short supply at HSBC's Pearl River Delta branches, core of China plan
DONGGUAN, China/LONDON/HONG KONG In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC's (HSBA.L) sparsely attended branches in the Pearl River Delta suggest it's not all plain sailing for the ... ( read original story ...)
Hong Kong widens crackdown, arrests 9 more activists
Hong Kong authorities expanded their crackdown on the Chinese-controlled territory's opposition with a fresh round of arrests of pro-democracy activists on Thursday. Police detained up to nine activists for their apparent involvement in an anti-China ... ( read original story ...)
Hong Kong widens crackdown, arrest 9 more activists
HONG KONG (AP) — Hong Kong authorities are expanding their crackdown on the Chinese-controlled territory's opposition by launching a fresh round of arrests of activists. Police on Thursday detained up to nine activists for their apparent involvement in ... ( read original story ...)
Hong Kong widens crackdown on pro-democracy activists
Hong Kong authorities expanded their crackdown on the Chinese-controlled territory's opposition with a fresh round of arrests of pro-democracy activists on Thursday. Police detained up to nine activists for their apparent involvement in an anti-China ... ( read original story ...)
CNBC Transcript: Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company
Following is the transcript of a CNBC interview with Oliver Tonby, Managing Partner, Southeast Asia, McKinsey & Company. The interview was broadcast on CNBC on 27 April 2017, during CNBC's "Hong Kong versus Singapore" theme week. All references must be ... ( read original story ...)
These Asian cities are becoming smarter, but at what cost?
McKinsey chose Singapore as the Asian hub for its Digital Capability Center, which trains the workforce to keep up with the disruptions of the fourth industrial revolution. Hong Kong's Yang, meanwhile, said innovations in manufacturing technology could ... ( read original story ...)
Hong Kong-based startup, Oddup aims to expand into India
Hong Kong-based startup focused research platform Oddup has secured $6 million in its Series A round of funding led by Brand Capital, the investment arm of Indian media conglomerate The Times Group. The round also saw participation from existing investors ... ( read original story ...)