On Hong Kong's third largest outlying island Lamma, accessible via a 25-minute ferry from Hong Kong's central business district, a sprawling luxury development called Lamma 1 (below) sits empty. Lamma 1 was built by Hong Kong-based King Wong Development. ( read original story ...)
AIIB benefits financial sectors
Hong Kong’s professional and financial services sectors will benefit from the Asian Infrastructure Investment Bank’s operations. Acting Secretary for Financial Services & the Treasury James Lau made the statement to legislators today, saying Hong Kong ... ( read original story ...)
New China-backed leader of Hong Kong says no room for independence
Hong Kong's newly-elected Chief Executive Carrie Lam Cheng Yuet-ngor discussed preparations for cabinet appointments with senior officials in Beijing on Monday, ahead of her formal appointment by China's central government. Lam, who arrived in the capital ... ( read original story ...)
Hong Kong overseas M&As highest since 2001, as mainland’s tumble 70pc amid tightened capital controls
Outbound mergers and acquisitions (M&As) from Hong Kong companies reached record levels in the first quarter, as firms poured US$15.5 billion into overseas market – the highest total since 2001, Mergemarket data shows. Overseas M&A activity by mainland ... ( read original story ...)
Hong Kong 20th anniversary handover song is mercilessly mocked by music lovers
A new song released by the Hong Kong government to mark the 20th anniversary of the handover has been subjected to merciless mockery by music lovers, who branded it “fake” and “scary”. Hong Kong Our Home, which is just one minute long yet ... ( read original story ...)
Prenetics Launches ONEdna in Partnership with HSBC Insurance Hong Kong
HONG KONG, April 12, 2017 /PRNewswire/ -- Prenetics, the leading genetic testing company in Southeast Asia, announced the launch of ONEdna, an exclusive DNA screening test service in partnership with HSBC Insurance Hong Kong. The partnership sets Prenetics ... ( read original story ...)
HKMA fines Coutts HK$7m for breaching money laundering rules
The bank also did not do sufficient due diligence before establishing a business relationship with customers. Hong Kong clients can pick banks with varying compliance rules In deciding the disciplinary action, the authority considered “it needed to send ... ( read original story ...)
Hong Kong lawmaker charged for upending Chinese flag
Hong Kong - A Hong Kong lawmaker was arrested Wednesday for "desecrating" the Chinese and Hong Kong flags by turning them upside down in parliament, in charges he said were designed to suppress anti-Beijing sentiment. Cheng Chung-tai upended small China ... ( read original story ...)
Hong Kong police seize HK$16 million worth of fake euro notes from five-star hotel
Hong Kong police have seized a haul of fake euro notes with a face value of more than HK$16 million in a five-star Tsim Sha Tsui hotel. A 39-year-old employee at the Intercontinental Grand Stanford on Mody Road contacted police at 10.39am on Tuesday after ... ( read original story ...)
Nine dragon boats once rotting under Vancouver bridge roar back to life
The nine, 40-foot-long, skinny boats had been rotting under the Burrard Bridge for years. They were the original dragon boats gifted to Vancouver by Hong Kong around the time of Expo 86 and launched in this city a love of paddling rooted in a poetic ... ( read original story ...)
SFC to ease Hong Kong listing conditions for firms linked to Belt and Road
Hong Kong’s Securities and Futures Commission says it is willing to be more flexible in approving “One Belt, One Road” initiative-linked companies to list on the main board, even if they do not meet certain criteria. The city’s stock exchange is ... ( read original story ...)
Hong Kong trade agreement will ‘take Australian business international’
An agreement with the Hong Kong Trade Development Council (HKTDC) will help Australian companies “take their business international”, according to the Export Council of Australia (ECA). A Memorandum of Understanding (MOU) to promote trade, investment ... ( read original story ...)
Hong Kong's new China-backed leader says there is no room for moves toward independence
BEIJING/HONGKONG (Reuters) - Hong Kong leader-elect Carrie Lam said on Tuesday there is no room for moves toward independence in the former British colony which she said needs the support of the central government in Beijing to boost economic development ... ( read original story ...)
Cute new crab species discovered in Hong Kong is smaller than a THUMBNAIL and can climb trees
A new species of crab smaller than a thumbnail has been discovered in Hong Kong. The micro crustacean has been named Haberma Tingkok after the city's Tingkok area, which is thought to be the crab's only habitat in the world. Different than other ... ( read original story ...)