Almost half of property owners in Hong Kong hope housing prices will go down, according to a survey by the Democratic Party. In telephone interviews with 651 Hong Kong residents between March 15 and 30, it found 46 per cent of 254 respondents who owned at ... ( read original story ...)
Hong Kong Has a Plan to Wean Itself Off Coal
Hong Kong will cut the size of returns its power utilities are allowed to make to 8 percent under a 15-year plan it hopes will help wean the city off coal while keeping electricity bills down. CLP Holdings Ltd. and HK Electric Investment Ltd. signed a new ... ( read original story ...)
IPO delay lifts spotlight off China's shadow banks
Graphic: On the rise: reut.rs/2oZAEpU In October, the state-controlled company filed for a Hong Kong listing, targeting $300 million. The IPO looked set for a smooth ride after China’s securities watchdog gave the deal its blessing in February. ( read original story ...)
Bank stocks lead Hong Kong, China rally as Macron looks set for French presidency
The Hang Seng Index rose 1.3 per cent or 316.5 points ... Bank of Communications added 2.9 per cent to HK$6.1 while Agricultural Bank of China jumped 2.3 per cent to HK$3.6. Hong Kong local property developers were also among the big winners. ( read original story ...)
HSBC wins mandate on $100 billion Saudi Aramco IPO: CEO
HONG KONG HSBC Holdings Plc (HSBA.L) has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Aramco IPO-ARMO.SE, expected to be the world's largest ever IPO, HSBC's chief executive said on Monday. ( read original story ...)
Hong Kong Heritage Museum features works from the Louvre to mark 20th anniversary of city’s return to Chinese rule
A man at Hong Kong’s Heritage Museum walks down steps featuring a replica of the masterpiece The Three Fates and The Triumph of Truth by Peter Paul Rubens. This is no ordinary presentation of art. An exhibition at the museum, titled “Inventing le ... ( read original story ...)
Review: United Business Class 777-300ER San Francisco To Hong Kong
I boarded through door L2, which is between the two Polaris cabins. United’s Polaris cabin on the 777-300ER is massive, with a total of 60 seats. There are 28 seats ahead of the second set of doors, and 32 seats behind the second set of doors. I was in ... ( read original story ...)
Hong Kong, China stocks end higher at midday, tracking gains in Europe and US markets
Hong Kong and mainland stock markets rose at the midday break on Tuesday, after European and US markets rallied overnight in the wake of first round voting in France’s presidential election, but brokers urged caution, warning of uncertainties ahead. ( read original story ...)
Former Hong Kong leader Donald Tsang speaks of his ‘many heartaches’ after being released on bail
Jailed former Hong Kong leader Donald Tsang Yam-kuen spoke of the “many heartaches” he had suffered, but also how he had not yet lost faith in the city, after a successful bail application won him a break from prison life on Monday. The disgraced ... ( read original story ...)
Bodyguards, prayers and the Jockey Club: how Hong Kong’s former leader Donald Tsang spent his first day of bail release
Former Hong Kong leader Donald Tsang Yam-kuen headed straight to church with an entourage of police bodyguards the morning after being released from prison on bail. Tsang, who walked out from the High Court on Monday after his bail application was approved ... ( read original story ...)
Language issues for incoming Cambodian domestic helpers spark concern in Hong Kong
Cambodian domestic helpers may face language problems in Hong Kong and have to be sent home early like the Myanmar workers before them, employment agencies and employer unions fear. These concerns were raised after the government announced on Monday that ... ( read original story ...)
China stocks rebound, led by consumer plays; Hong Kong tracks French election rally
Hong Kong shares also rose, following euphoria in global equities ... Underlining the tightening regulatory environment, the official Xinhua News Agency said late on Monday that the new draft of China's securities law would tighten rules preventing insider ... ( read original story ...)
Hong Kong free-trade agreement opens another Asian trade door
The federal government’s announcement yesterday of a move towards a free-trade agreement with Hong Kong marks Australia’s first regional economic initiative since the Donald Trump administration halted the Trans Pacific Partnership. Trade, Tourism and ... ( read original story ...)
Hong Kong Exchanges and Clearing : London Metal Exchange Starts Sweeping Review
The 140-year-old exchange's volumes fell after its owner Hong Kong Exchanges & Clearing Ltd. (0388.HK) raised fees, causing some users to shift their business off the exchange, preferring over-the-counter trading. Last year the average daily volume fell ... ( read original story ...)