BEIJING/HONG KONG A controversial interpretation by China's parliament of Hong Kong's mini-constitution that effectively bars pro-independence lawmakers from taking office, showed Beijing's resolve to prevent secession, a Chinese leader said on Wednesday. ( read original story ...)
Hong Kong companies slow to add women directors to their boards – why it makes good business sense to do so
Hong Kong has a large pool of talented women and access to affordable domestic help – so what is stopping them from reaching board level? That is the question on Shalini Mahtani’s mind. She is the founder and former CEO of Community Business, which ... ( read original story ...)
Hong Kong’s MTR Corp net profit drops 21.1pc to HK$10.2b on lower property income
MTR Corp plans to offer seven property projects for tender over the next 12 months, believed to be the largest number planned in a single year by Hong Kong’s rail operator, after it announced a 21.1 per cent fall in net profit last year on lower property ... ( read original story ...)
Profit at Hong Kong rail operator MTR falls 21% on property woes
HONG KONG -- Hong Kong railway operator MTR saw its net profit tumble 21% on the year in 2016 due to a slower property development market, but the company is getting a boost from mainland Chinese developers competing for land in the territory. Net profit ... ( read original story ...)
Hong Kong is the most expensive Asian city to build anything, survey says
Hong Kong, already the world’s least affordable urban centre ... America and western Europe combined in the two decades between 1992 and 2013, according to McKinsey Global Institute’s 2016 survey. The Chinese government will pump 1.8 trillion yuan ... ( read original story ...)
Hong Kong chief executive candidates to face off in series of debates as election day looms
All three candidates vying for Hong Kong’s top job will face off in series of debates over the final weeks leading up to the city’s chief executive election. Former financial secretary John Tsang Chun-wah, former chief secretary Carrie Lam Cheng Yuet ... ( read original story ...)
Yang Jiechi: Hong Kong should play more active role in ‘One Belt, One Road’ initiative
Beijing’s top official overseeing foreign affairs urged Hong Kong to play a more active role in the country’s “One Belt, One Road” initiative during a meeting with the Hong Kong delegates to the national legislature on Tuesday morning. Yang Jiechi ... ( read original story ...)
Hong Kong Airlines chooses Vancouver to launch first North American route
Vancouver will be first North American destination for the young but rapidly expanding Hong Kong Airlines. In an interview with the Georgia Straight at Sun Sui Wah Seafood Restaurant, commercial assistant director Wayne Wang explained that his company ... ( read original story ...)
Hong Kong food trucks turn to local fare to boost business at some locations
One month after the city’s first batch of food trucks hit the roads, operators have expanded their menus to include traditional snacks such as fish balls and siu mai to boost business amid mixed fortunes. Among the eight locations the mobile eateries ... ( read original story ...)
Hong Kong’s ‘hypocrisy camp’ cannot treat CY Leung both ways
I am confused. Is Leung Chun-ying the chief executive or not? Well, he is and he isn’t. It depends on what political points need to be scored. To opposition lawmakers, he is just a Beijing lapdog who won the top job with just 689 votes. And since they ... ( read original story ...)
Hong Kong stocks edge higher in morning action, led by property, beer
Hong Kong and mainland stocks opened mixed on Tuesday ... in what has been seen as a cautious move to reduce financial risks amid the country’s mounting government debt. Meanwhile, mainland stocks edged lower. The Shanghai Composite Index lost 0.1 ... ( read original story ...)
Financial Watchdog in Hong Kong Adds Two More Firms to Blacklist
The Securities and Futures Commission (SFC), an independent regulatory body in Hong Kong, has issued a warning against suspicious activities of several unregistered entities, advising investors to abstain from doing business with these firms. The two ... ( read original story ...)
Hong Kong targets ILS as important driver of reinsurance growth
The Hong Kong government’s Financial Services Development Council (FSDC) has said in a report that it sees insurance-linked securities (ILS) as an important driver of future growth for the Hing Kong reinsurance market. The FSDC notes that the Hong Kong ... ( read original story ...)
China has the right to 'step in' to Hong Kong election, top official says
"EXTRAORDINARY AND OUTSTANDING" Beijing's support means former Hong Kong civil service head Carrie Lam is tipped as the favorite in the contest despite losing popularity polls to an ex-colleague, former Financial Secretary John Tsang. Tsang had previously ... ( read original story ...)