The usual suspects for Hong Kong’s sky-high property prices are low interest rates, a housing shortage and demand from mainland China. But there’s another unforeseen factor: divorce. Demand for separations and remarriages have accelerated sharply over ... ( read original story ...)
Finance giants step in to Hong Kong gay court battle
Major international finance institutions in Hong Kong made a landmark intervention Wednesday in the case of a gay couple struggling to get their rights recognised by the city's courts. The 12 businesses -- including Morgan Stanley, Goldman Sachs and Credit ... ( read original story ...)
Hong Kong’s next leader Carrie Lam promises bigger part for youth to play in making policies
With just weeks to go before being sworn in as Hong Kong’s next leader, Carrie Lam Cheng Yuet-ngor has pledged to provide a platform for the young generation to participate in politics and allow them a bigger say in policymaking. The chief executive ... ( read original story ...)
Hong Kong cleaner jailed after letting strangers into mahjong school to cheat customers
A cleaner was jailed for eight months by a Hong Kong court on Tuesday for helping strangers enter a mahjong school in Yau Ma Tei to cheat customers. The Kowloon City Court heard that two men had switched the school’s tiles with those that were marked to ... ( read original story ...)
WuXi Won’t Make Hong Kong IPOs Hot
Nisha Gopalan is a Bloomberg Gadfly columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. The words hot and Hong Kong IPO haven't been seen in the same sentence for quite some time. ( read original story ...)
Search is on for top business talent in Hong Kong
The longest-running and most recognised business awards programme in Hong Kong, the DHL/SCMP Hong Kong Business Awards kicked off its 2017 campaign on Monday. There will be nine award categories this year – Business Person of the Year, Executive, Owner ... ( read original story ...)
Trusting an accountant with Hong Kong’s finances speaks volumes of Beijing’s priorities
There is little doubt that Paul Chan Mo-Po will stay on as Hong Kong's Financial Secretary for the next five years. The question is why. The accountant didn’t make it in 2012, and John Tsang Chun-wah eventually got the job. Instead, Chan became the ... ( read original story ...)
Hong Kong role in wildlife smuggling in spotlight as African rangers beg for ivory ban
... tales of elephant poaching at a public hearing in Hong Kong on Tuesday, the latest attempt to halt wildlife trafficking through the Chinese-ruled city, as ivory traders defended their business. Hong Kong, at the mouth of China's Pearl River Delta ... ( read original story ...)
African rangers urge Hong Kong lawmakers to OK ivory ban
HONG KONG (AP) — African park rangers urged Hong Kong lawmakers to approve a ban on ivory sales but warned that giving in to traders' demands for compensation would fuel more elephant poaching. Lawmakers and officials heard public submissions from the ... ( read original story ...)
Hong Kong Airlines and Virgin Australia to Launch Codeshare Partnership
HONG KONG, June 6, 2017 /CNW/ -- Hong Kong Airlines and Virgin Australia today announced that they will form a codeshare partnership* that will provide customers with connectivity to 11 destinations across the flight networks of both airlines. The ... ( read original story ...)
African rangers urge Hong Kong lawmakers to approve ivory ban
HONG KONG - African park rangers urged Hong Kong lawmakers to approve a ban on ivory sales but warned that giving in to traders' demands for compensation would fuel more elephant poaching. Lawmakers and officials heard public submissions from the rangers ... ( read original story ...)
UPDATE 2-WuXi Biologics prices HK IPO at top as investors seek growth business
HONG KONG, June 6 WuXi Biologics (Cayman) Inc priced its Hong Kong IPO at the top of expectations on Tuesday, raising $511 million in the largest new listing in the Asian financial hub in 2017, as investors jostled for a piece of the fast-growing business. ( read original story ...)
Hong Kong leader vows further action after transport chief admits he was kept in dark on mega bridge scandal
Hong Kong Chief Executive Leung Chun-ying promised on Tuesday to look into communication issues within the government a day after his transport minister admitted he had been kept in the dark for nearly a year about problems with a multibillion-dollar mega ... ( read original story ...)
UPDATE 1-WuXi Biologics prices HK IPO on top, raising $511 mln-source
HONG KONG, June 6 WuXi Biologics (Cayman) Inc priced its Hong Kong IPO at the top of expectations, a source with direct knowledge of the deal said on Tuesday, raising about $511 million in the largest new listing in the Asian financial hub in 2017. ( read original story ...)