The decision by the HKEX to hold a reform consultation at the height of the worst stock market regulation crisis in Hong Kong since the exchange was suspended during the 1987 crash may be remembered as an act of spectacular folly. A mysterious stock price ... ( read original story ...)
Hong Kong stocks set to rise on Tuesday after gains on Wall Street
Financial stocks advanced in Hong Kong on Monday after the new Bond Connect programme opened mainland China’s bond market to global investors.The banking and brokerage sectors, the direct beneficiaries of the connect programme, rose 0.8 per cent and 0.5 ... ( read original story ...)
Football app start-up Ballr on the hunt for Hong Kong investors, as China set to be its key market
High-flying mobile gaming start-up Ballr is looking to raise up to US$20 million in new funding this year from Hong Kong investors, as its advertising-backed interactive football app taps into an ever-expanding fanbase across Asia-Pacific. Still only ... ( read original story ...)
Tencent’s online publisher files for Hong Kong IPO seen worth $800 million
HONG KONG China Literature Ltd, a Tencent Holdings Ltd unit and the country's largest online publishing and e-book company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million. The deal is also boost for the ... ( read original story ...)
Hong Kong handover anniversary prompts concerns from Democratic Party founder
On the 20th anniversary of Hong Kong's handover from British to Chinese rule, the founder of one of the territory's biggest political parties has taken a swipe at Hong Kong's ruling elite. Hong Kong's new leader, Carrie Lam, was sworn in today by Chinese ... ( read original story ...)
Chinese money has changed the face of Hong Kong’s skyline
The Italian fashion house is just one of many top Western firms that have found themselves on the wrong end of Hong Kong's dizzying real estate boom. The price of commercial property in prime areas of the city has almost doubled since the U.K. handed it ... ( read original story ...)
Hong Kong stock market set to kick off second half of 2017 on a high
Hong Kong’s stock market is likely to start the second half of ... The rally in Wall street was partly due to the recent rebound in oil and bank stocks and a strong performance in the large-cap technology stocks despite a recent downturn. ( read original story ...)
HK property market less risky than 20 years ago: OKAY
Hong Kong’s property market has seen steep price appreciation over the past several years – with prices soaring an average of 60 percent in the last five years. Some industry players are worried that the market could be facing a situation similar to ... ( read original story ...)
Hong Kong shares inch up as financials gain on ‘Bond Connect’
July 3 Financial shares rose in Hong Kong on Monday, on the back of a new bond trading link between Hong Kong and China, but the overall market was largely flat as blue-chips generally underperformed and the service sector slipped. The Hang Seng index rose ... ( read original story ...)
Technology boost to reinforce Hong Kong’s status as finance and trade centre in bay area plan
Innovation and technological developments in Hong Kong will be boosted under an agreement on the Greater Bay Area project signed by local and mainland officials on Saturday and witnessed by Chinese President Xi Jinping. The city will also continue to ... ( read original story ...)
Will Hong Kong Remain a Global Financial Hub?
Jul.02 -- Bloomberg asked the new leader of Hong Kong and two former leaders whether the city would still be a global centre of finance in 20 years' time. Here's what they said. ( read original story ...)
Rickshaws, women in Cheongsam dresses and buzzing alleyways: Mesmerising pictures capture the bygone life of Hong Kong as a British colony
Today's Hong Kong, a bustling home to over seven million people, is very different from how it was in the 1950s and 1960s. At that point in time, the British colony was embracing a large inflow of immigrants from mainland China after Communist leader Mao ... ( read original story ...)
Hong Kong profile – Timeline
A chronology of key events: 1842 - China cedes Hong Kong island to Britain after the First Opium War. Over the decades, thousands of Chinese migrants fleeing domestic upheavals settle in the colony. 1898 - China leases the New Territories together with 235 ... ( read original story ...)
Brisk trade marks launch of China, Hong Kong bond connect scheme
HSBC Holdings and an asset management unit of Bank of China were the among the first to complete trades using the scheme. The launch of the connection was timed to coincide with the 20th anniversary of Hong Kong's handover to Chinese rule and trading will ... ( read original story ...)