World's largest vessel arrives in Hong Kong

The world's largest vessel of any kind currently plying its trade on the high seas made a Hong Kong stopover as part of its maiden voyage to France on Saturday. The arrival of the massive MOL Triumph - which is big enough to accommodate 80 Star Ferries ... ( read original story ...)

A fruitful finale to Internet Economy Summit (with photos)

Over 60 information technology experts and industry leaders from Hong Kong, Mainland and overseas shared their insights ... Mr Wang Yufeng; the Partner of the McKinsey Global Institute, Mr Michael Chui; and the Senior Executive Vice President and President ... ( read original story ...)

Mainland-HK trade down 1.5% in first two months

BEIJING — Trade between the Chinese mainland and Hong Kong Special Administrative Region totaled $36.6 billion in the first two months of this year, down 1.5 percent year-on-year. Statistics from the Ministry of Commerce showed that mainland-Hong Kong ... ( read original story ...)

Hong Kong closes off tax loophole for property investors

Hong Kong's government is tightening property rules for the second time since November as investors have snapped up multiple units in one shot to qualify for lower tax rates. The new rules, intended to prevent the purchasing of several properties in one ... ( read original story ...)

Hong Kong Bank Stocks Fall as Property Tax Loophole Closed

Shares in Hong Kong banks sagged in Wednesday trading after the city’s government brought in new measures to try and rein in runaway house prices. On Tuesday the financial hub’s leader Leung Chun-ying announced that local first-time buyers would be ... ( read original story ...)

Hong Kong fines Coutts bank for violating terrorist rules

Hong Kong — The Hong Kong Monetary Authority said on Tuesday it had ordered the local branch of private bank Coutts to pay a fine of HK$7m ($900,800) for breaching anti-money-laundering and counterterrorism rules. The authority said the move followed an ... ( read original story ...)