Hong Kong business groups have labelled as reckless the government plan to stop them using pension fund contributions to offset severance and long-service payments. They warned the plan would discourage entrepreneurs from starting businesses in Hong Kong ... ( read original story ...)
Hong Kong was supposed to liberalize China. How did the opposite happen?
It predicted that once business-friendly Hong Kong became infected with China’s culture of corruption and patronage, this glittering international finance hub would become just another typical mainland city. “In fact,” the article declared ... ( read original story ...)
Li Ka-shing to retire from his global business empire by 2018
Hong Kong tycoon Li Ka-shing has decided he will retire from his business empire by next year. He says he will remain a “senior adviser” to his flagship conglomerate, CK Hutchison Holdings Ltd. As reported by the Wall Street Journal on Tuesday ... ( read original story ...)
Hong Kong couple win right to bury miscarried son
A grieving couple in Hong Kong have finally been granted permission to pick up the ... "We're really happy and relieved," the father, Kevin, told BBC News. "It's bittersweet, of course, but I'm relieved that we've been able to get closure," he said. ( read original story ...)
Hong Kong’s Stock Market Tells the Story of China’s Growing Dominance
this reflects the nature of the Hong Kong economy,” he said. In the past 10 years, Hang Seng Bank Ltd., HSBC Holdings Plc and Bank of East Asia Ltd. were joined by mainland giants including Industrial & Commercial Bank of China Ltd., China Construction ... ( read original story ...)
Hong Kong’s Gambling Empire Is Losing Horsepower
Before Hong Kong’s return to Chinese rule, Communist leader Deng Xiaoping had a reassuring message for those worried about the departure of the British from the capitalist enclave. Don’t fret, the architect of the handover said: “Horses will still ... ( read original story ...)
Hong Kong’s Carrie Lam: ‘I am no puppet of Beijing’
Mrs Lam is a Roman Catholic. Perhaps it is a sense of duty which drove her to seek Hong Kong's top job. It certainly wasn't popularity. She lagged consistently behind her rival in public opinion polls during the campaign, dogged by allegations that she was ... ( read original story ...)
Meet incoming Hong Kong leader’s hand-picked executive team (and this time there are a few surprises)
A day after unveiling no-surprise cabinet, Hong Kong’s leader-in-waiting Carrie Lam Cheng Yuet-ngor introduced several new faces to her top executive body, including a moderate pan-democrat and a finance heavyweight. The appointment of non-official ... ( read original story ...)
Hong Kong must reach deal this year on operating cross-border railway, MTR boss warns
An operating agreement for the HK$84.4 billion high-speed railway line between Hong Kong, Shenzhen and Guangzhou must be finalised this year to reduce uncertainty, the chairman of the MTR Corp has told the government. Frederick Ma Si-hang also said it ... ( read original story ...)
Hong Kong Racing News: Danny Shum and Lucky Wan Feng
Trainer Danny Shum scored an eventful double at Happy Valley on Wednesday night (21 June), with the handler jokingly suggesting that his winners Sparkling Talent and Lucky Wan Feng should swap names to better describe the manner of their victories. ( read original story ...)
Hong Kong stocks flat, investors ponder China MSCI inclusion
SHANGHAI: Hong Kong stocks were little changed on Thursday, as investors pondered the potential impact of MSCI's decision to include more mainland China stocks in a key benchmark index. The Hang Seng index fell 0.1 per cent, to 25,674.53 points ... ( read original story ...)
Pansy Ho still has high hopes for Jetstar Hong Kong
Billionaire businesswoman Pansy Ho hopes to resurrect Jetstar Hong Kong after the budget airline’s failure to gain regulatory approval nearly two years ago. Ms Ho, daughter of Hong Kong gaming billionaire Stanley Ho, said she hoped the airline would be ... ( read original story ...)
United youngsters to visit Hong Kong
Manchester United's youngsters will head to Hong Kong in August as part of the preparations ahead of the new season. The Under-16 squad will join the newly established JC Youth Football Academy Summit, through official club partner The Hong Kong Jockey Club. ( read original story ...)
Hong Kong couple win right to bury stillborn son
A grieving couple in Hong Kong have finally been granted permission to pick up the ... "We're really happy and relieved," the father, Kevin, told BBC News. "It's bittersweet, of course, but I'm relieved that we've been able to get closure," he said. ( read original story ...)