A foundation set up by Hong Kong's richest man is to donate $5 million to the University ... for Innovation and Entrepreneurship and other programmes at the university's Business School. The foundation will also match on a dollar-for-dollar basis up ... ( read original story ...)
Hong Kong’s Page One bookstores closed as company faces more financial trouble
Troubled bookstore chain Page One has closed down its two remaining stores in Hong Kong. The stores in Harbour City in Tsim Sha Tsui and Festival Walk in Kowloon Tong were shut on Thursday. A letter reading “Notice of Appointment of Receivers” was ... ( read original story ...)
China's interference in Hong Kong alarming
A US congressional panel has warned of an "alarming" rise in China's interference in Hong Kong, noting fears over the city's continued role as a global financial hub. In its annual report to the Congress on Wednesday, the bipartisan US-China Economic and ... ( read original story ...)
Hong Kong abductions: Marco Rubio seeks US sanctions against officials
Last year five book publishers based in Hong Kong were detained by Chinese authorities and held incommunicado for months, with two abducted from Thailand and Hong Kong. Legislation introduced by Senators Marco Rubio and Tom Cotton would require the US ... ( read original story ...)
Hong Kong legal experts split over court’s ruling in oath controversy
Legal experts are awaiting further reasoning for Tuesday’s High Court ruling, which found Sixtus Baggio Leung Chung-hang and Yau Wai-ching had “declined” to take the Legislative Council oath and swear allegiance Hong Kong as part of China ... ( read original story ...)
The Hong Kong-Singapore rivalry: Forget finance and shopping, is literature next?
Hong Kong and Singapore vie for recognition as Asia’s international business and finance centre, leading shopping destination, port and air hub. While neither city wins renown for literary tradition, for 10 days this month they concurrently hosted ... ( read original story ...)
Etihad Airways and Hong Kong Airlines expand codeshare with enhanced connectivity to New Zealand and Europe
Under the expanded codeshare agreement, Hong Kong Airlines has placed its ‘HX’ code on Etihad ... and more importantly unleash the true benefits of the partnership by offering business and leisure travellers enhanced connections and a more frequent ... ( read original story ...)
Trump effect blamed as mortgage rates rise and bonds tumble: Don Pittis
After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and Toronto and the BBC in London. He is currently senior producer at CBC ... ( read original story ...)
HSBC launches private banking services in Australia
HONG KONG (Reuters) - HSBC Holdings Plc on Thursday launched its private banking services in Australia, as part of its plans to expand business presence in the Asia Pacific region. The bank will offer private banking services to Australian clients ... ( read original story ...)
Why Hong Kong’s blind pursuit of technology listings is dangerous
Hong Kong desperately needs an efficient venture capital ecosystem ... Either of them can effectively do whatever they want with the business and inflict abuse on minority shareholders. Dual-class or special partnership structures may not necessarily ... ( read original story ...)
A Hong Kong tycoon issued a full-page newspaper announcement about his breakup with ex-girlfriend
In October, Hong Kong prosecutors dropped their case against a local newspaper ... He was strongly advised against any physical and mental stress by his doctor. Lau and his high-profile business partner Steven Lo Kit-shing were found guilty in 2014 of ... ( read original story ...)
Hong Kong: Shares end the day lower
[HONG KONG] Hong Kong stocks ended a volatile day lower on Thursday as investors try to gauge the outlook for the global economy under a Donald Trump presidency. The Hang Seng index fell 0.26 per cent, or 57.9 points, to 22,222.63. The benchmark Shanghai ... ( read original story ...)
Hong Kong stocks retreat on falling oil prices, ahead of Fed chair testimony
Hong Kong markets slipped lower on Thursday morning on fluctuating oil prices and ahead of US Federal Reserve chair Janet Yellen’s testimony to Congress on economic outlook. The Hang Seng Index closed the midday session down 0.12 per cent, or 27.19 ... ( read original story ...)
Hong Kong: Stocks open lower on Trump uncertainty
[HONG KONG] Hong Kong stocks opened lower Thursday morning, tracking losses on Wall Street as investors are wracked with uncertainty over the outlook for the global economy after Donald Trump's election as US president. The Hang Seng index slipped 0.50 per ... ( read original story ...)