The projected lower bound is: 21,841.36. The projected closing price is: 22,434.06. HANG SENG INDEX closed up 9.920 at 22,456.619. Volume was 8% above average (neutral) and Bollinger Bands were 40% narrower than normal. HANG SENG INDEX is currently 3.2% ... ( read original story ...)
Hang Seng Index Unchanged Ahead OF Fed Decision, Mainland Losses Damaging
which would tend to have an important negative impact on the Hong Kong economy. There were further underlying concerns surrounding pressure on the currency peg and important damage to competitiveness. The Hang Seng index opened higher, but again hit ... ( read original story ...)
Recognition as tomorrow's entrepreneurs scoop awards
Eleven local entrepreneurs won the Hong Kong Young Entrepreneur Awards on Tuesday, with veteran entrepreneurs encouraging the SAR's younger population to explore business opportunities in Shenzhen and other parts of the Chinese mainland. Edmond Tang ... ( read original story ...)
Renting an office in NZ ten times cheaper than Hong Kong: JLL
"Renting premium office space in our two major business centres is 10 times cheaper than Hong Kong and more than four times cheaper than Shanghai. "In London's West End, you'd be looking at $2,968 per square metre per year, and $2,923 in New York. ( read original story ...)
HSMC Junzi Corporation Awards promotes Five Virtues of Junzi
HONG KONG, Dec. 14, 2016 /PRNewswire/ -- Hang Seng Management College (HSMC) held "Junzi Corporation Awards Presentation Ceremony 2016 cum Business Ethics Forum", an event with over four hundred guests for promoting the Confucian concept of "Junzi" and its ... ( read original story ...)
Hong Kong borrowing costs surge to near 8-year high with Fed rate increase almost certain
Hong Kong saw its borrowing costs in the money market surge to a near eight-year high, with the US Federal Reserve almost certain to raise the interest rate later this week. The overwhelming probability that the Federal Open Market Committee will increase ... ( read original story ...)
How Trump’s visa crackdown could help Hong Kong and China’s tech hubs
“As mainland companies increasingly use Hong Kong to go global, they would need professional or marketing services. This could mean a lot of business for founders or foreign companies in related sectors.” ( read original story ...)
Beijing seeks applicants for Hong Kong's worst job
But that statement, however clumsy, reflects the Chinese Communist Party's approach to governing Hong Kong through a leader chosen by a cosy 1,200-person committee dominated by the business elite. Leung may have been a lightning rod, but his replacement ... ( read original story ...)
Great business
There is a third provider in Hong Kong too – the Asia Airfreight Terminal. Our well-trained and loyal staff is one of our key trumps. We employ our workers directly – in contrast to our competitors. In our 40 years of business we’ve thus developed a ... ( read original story ...)
Top political advisor meets HK business delegation
China's top political advisor Yu Zhengsheng on Tuesday met with a visiting delegation from the Hong Kong Chiu Chow Chamber of Commerce. Yu, chairman of the National Committee of the Chinese People's Political Consultative Conference, called on them to ... ( read original story ...)
Hong Kong truck driver jailed for using vehicle as tool for retribution, causing HK$260,000 in damages
A Hong Kong man who reversed his bright pink truck into a Mercedes-Benz in an act of retaliation was yesterday jailed for more than two years. Chung Yuk-po, 41, was sentenced to 20 months imprisonment for dangerous driving by District Court judge Frankie ... ( read original story ...)
Hong Kong urged to think of ways to fund long-term elderly care
A report by the Our Hong Kong Foundation also cited an overseas study which suggested the social burden of an ageing society could be even bigger than the medical cost. Rather than just providing elderly people with medical treatment, the goal of long-term ... ( read original story ...)
Spellbinding images reveal the magic of Hong Kong in the 1950s (and they were shot by a teenager)
Shafts of light illuminate a quiet back street, boats drift along the bay and children run beneath washing lines – these candid black-and-white images of everyday life in Hong Kong have been captured with a whimsical touch. As a teenager in 1949 ... ( read original story ...)
Hong Kong Chief Secretary Carrie Lam on the offensive as leadership race looms
Hong Kong’s No 2 official on Tuesday attacked Financial Secretary John Tsang Chun-wah over government policy a day after he resigned, in a taste of the looming showdown ahead if they face off for the city’s top job, as widely expected. Chief ... ( read original story ...)