Hong Kong’s government has announced the first sale of commercial land in the city’s central business district in more than 20 years. The site, currently used as a multi-story car park in Murray Road, Central, is about 31,000 square feet. The plot is ... ( read original story ...)
Hong Kong reports 2nd human case of bird flu this season
HONG KONG -- Hong Kong on Friday confirmed its second human case of bird flu this season, days after an elderly man died of the virus. A 70-year-old man, who had travelled to the Chinese cities of Shenzhen and Zhongshan earlier in December, tested positive ... ( read original story ...)
Hong Kong stocks end a volatile 2016 roughly flat
SHANGHAI: Hong Kong shares rose around 1 percent on Friday, but the main indexes ended 2016 near where they started after a volatile 12 months, punctuated by Britain's vote to leave the European Union and Donald Trump's triumph in the U.S. presidential ... ( read original story ...)
HSBC labelled arrogant over refusal to hold dialogue with Hong Kong anti-gay activists
Anti-gay activists have described as “arrogant” and “unacceptable” HSBC’s refusal to hold a dialogue over the display of a pair of multicoloured lions symbolising LGBT rights. The Family School Sexual Orientation Discrimination Ordinance Concern ... ( read original story ...)
Rural Chinese lender seeks Hong Kong IPO to recapitalize
HONG KONG - In an environment of increasingly tight liquidity, a regional rural commercial bank in mainland China announced Friday that it planned to tap the Hong Kong market for an initial public offering. Jilin Jiutai Rural Commercial Bank, based in the ... ( read original story ...)
Hong Kong's drawndown mortgage loans rise 14.6 pct in Nov
Dec 30 New mortgage loans drawn down in Hong Kong totalled HK$26.5 billion ($3.42 billion) in November, up 14.6 percent from a month earlier, Hong Kong Monetary Authority (HKMA) data showed on Friday. Following is the breakdown of data from the authority ... ( read original story ...)
Hang Seng Index Registers Marginal 2016 Gain After Positive Last Session
which provided some initial support to Hong Kong equities. US bond yields were slightly lower during Thursday’s session, which also helped underpin the Hang Seng index, although Treasury futures edged lower during the Asian session. The People’s Bank ... ( read original story ...)
Hong Kong home prices reach record high after 8-month ascent
The Asian financial hub is one of the least affordable cities in ... who took the helm four years ago and is set to step down after his term completes in June. Hong Kong citizens' monthly median wage stands at HK$15,500 (US$1,998), according to government ... ( read original story ...)
Hong Kong stocks track higher in early trading on final session for 2016
Hong Kong and mainland stocks opened slightly higher on Friday, the final trading session of 2016, shrugging off the declines in US equity markets. The Hang Seng Index opened up 0.13 per cent or 28 points at 21,818.91, and the Hang Seng China Enterprises ... ( read original story ...)
Regina Ip: The 'Iron Lady' who wants to lead Hong Kong
Regina Ip wants to become Hong Kong's most powerful politician - and she's not shy about it. The BBC's Helier Cheung profiles the straight-talking "Iron Lady" as part of a series on the Asian women likely to make the news in 2017. Her uncompromising stance ... ( read original story ...)
Under the sea: species flourish in Hong Kong waters, study reveals
Hong Kong occupies less than 1 per cent of Chinese waters but “disproportionally” accounts for more than a quarter of the 22,629 marine species recorded in the country, according to the latest scientific study. Scientists at the Swire Institute of ... ( read original story ...)
In Hong Kong, a Model for Aging with Grace
HONG KONG — With a daily schedule that includes catwalks, commercials and acting lessons, 58-year-old Regina Chan appears to lead a glamorous life. "It's a rewarding job, not in terms of monetary rewards, but to me it's ... fulfilling," she says of her job. ( read original story ...)
Hong Kong shares edge up, helped by mainland money, Tencent strength
Dec 29 Hong Kong stocks edged up on Thursday ... Next In Banking and Financial News ( read original story ...)
Hong Kong needs to develop a balanced view of innovation
As a professor specializing in science, technology and innovation studies, I remind my students to maintain a balanced view of innovation, particularly as it occurs in Hong Kong. While some of the news about innovation in Hong Kong is less than inspiring ... ( read original story ...)