According to chief executive-elect Carrie Lam Cheng Yuet-ngor, “ it may not be feasible to suppress” property prices (“Efforts to curb high home prices fail, Lam admits”, April 2). She said “doing so further will have side effects”. She pledged ... ( read original story ...)
Finance chief raises possibility of more people living in ‘Greater Bay Area’ and commuting to Hong Kong
Hong Kong’s finance chief suggested that living in the “Greater Bay Area”, where property prices are much cheaper than those in the city, and commuting to Hong Kong for work was an option many people could consider. Financial Secretary Paul Chan Mo ... ( read original story ...)
Hong Kong lawmakers warned of HK$31.6 billion loss if they fail to endorse Disneyland revamp funding
The government has warned that Hong Kong risks a massive loss of economic benefits if lawmakers fail to pass a HK$5.45 billion funding application for a revamp of the Disneyland theme park. In a desperate attempt to press for Finance Committee endorsement ... ( read original story ...)
China Unicom (Hong Kong) Ltd.: 1Q 2017 Key Financial & Performance Indicators
In the first quarter of 2017, the Group's operation progressed steadily as planned. The Group focused on 4G business and stepped up the transformation of its marketing model. It accelerated migration of 2G/3G subscribers to 4G. Meanwhile, the Group also ... ( read original story ...)
Hong Kong protesters march for ‘genuine universal suffrage’ one month after Carrie Lam elected leader
More than 300 people took to the streets a month after Carrie Lam Cheng Yuet-ngor was elected Hong Kong’s next leader, reiterating their call for “genuine universal suffrage” and urging Lam to reopen the now-sealed off government forecourt in a bid ... ( read original story ...)
Linking Hong Kong food trucks to ordinary people’s lives should make for a tasty exercise
The frustrations of the food truck operators make you wonder if the scheme is intended to boost tourism, promote street food culture, give local hawkers another business option or is just a little bit of everything in the name of diversifying Hong Kong’s ... ( read original story ...)
Hong Kong dollar is Asia’s worst-performing currency as Chinese yuan stabilises
The Hong Kong dollar has weakened modestly this year even as the yuan has been stabilising and other Asian currencies rallied, but its softness reflects a flushed banking system rather than signs of economic weakness in the city, analysts say. Ample ... ( read original story ...)
Safety first: building a ‘safety climate’ is key to avoiding marine accidents
Located at the gateway to southern China and the centre of the fast-developing Asia-Pacific trading basin, the Hong Kong port has always played a key strategic role in the economic development of the city. In 2016, Hong Kong was ranked as the fifth largest ... ( read original story ...)
Stock’s 9,800% rise exposes Hong Kong’s paper billionaires
a Hong Kong-based finance professor at Beijing’s Cheung Kong Graduate School of Business, who was speaking generally. “And now mainlanders are also coming here and using similar tricks or gimmicks to maximise their wealth.” A representative for the ... ( read original story ...)
Explorers find treasures anew at Hong Kong Disneyland
Disney Explorers Lodge, Hong Kong Disneyland’s new exotic getaway hotel, is set to open its doors on April 30 to welcome guests to a brand new resort experience. The seven-storey Disney Explorers Lodge will offer 750 hotel rooms, each featuring an open ... ( read original story ...)
FedEx slammed for ‘lack of sincerity’ in banning shark fin shipments
Conservationists estimate that over 50 per cent of the global shark fin trade passes through Hong Kong every year ... “The potential for misidentification presents an unacceptable business condition for UPS to continue carrying shark fins,” the ... ( read original story ...)
French nationals from London to Hong Kong head to the ballot boxes to cast their vote as 60,000 polling stations open worldwide
French voters began casting ballots for the presidential election Sunday in a tense first-round poll that's seen as a test for the spread of populism around the world. More than 60,000 polling stations opened at 6am for voters who will choose between 11 ... ( read original story ...)
Hong Kong – Finance accounting starting salaries rise 1.5%
Starting salaries for finance and accounting professionals in Hong Kong are expected to rise by 1.5% this year while starting salaries for financial services professionals are set to increase 1.4%, according to recruitment firm Robert Half International. ( read original story ...)
Hong Kong police to target university campuses with warnings of phone scams after student loses millions
Hong Kong police plan to step up awareness campaigns on university campuses of phone scams after a 23-year-old mainland student was conned out of 3 million yuan (HK$3.4 million). The plan and the latest case come after 11 people were scammed out of HK$12.4 ... ( read original story ...)