Parker Zheng / China Daily The government's proposal to increase its investment in Hong Kong Disneyland, in which it has a majority 53-percent stake, is a business decision with ramifications that extend beyond the theme park's outlook. Nearly a decade ... ( read original story ...)
This Chinese Businessman Says He’s Now ‘More Careful’ about Investing in Hong Kong
A Chinese entrepreneur who recently invested almost $1 billion in Hong Kong’s property market has warned against the territory’s rising sentiments for greater autonomy and independence, saying such political activism will “damage the business ... ( read original story ...)
Hong Kong: Stocks open lower
[HONG KONG] Hong Kong stocks edged down in the first few minutes of trade Tuesday, tracking losses on Wall Street and in Europe while traders cashed in profits after the previous day's gains. The Hang Seng index dipped 0.40 per cent, or 91.06 points ... ( read original story ...)
Hong Kong developers face tougher competition for land sites, says JLL
Hong Kong developers are finding it increasingly difficult to keep adding to their supply of land as their mainland counterparts push into the city’s property market, says Jones Lang LaSalle (JLL). Mainland developers bid on around 62 per cent of the ... ( read original story ...)
What's An E-Commerce Investment Banker From Hong Kong Doing In Detroit?
“I was very interested in coming alongside a project like Service Corps where I can learn about a new business and apply my technical skills.” Along with 15 other employees from Hong Kong, the United Kingdom, and representatives from ten different ... ( read original story ...)
StanChart to cut 10 percent of corporate, institutional banking staff – sources
SINGAPORE/HONG KONG Standard Chartered (STAN.L) is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs. ( read original story ...)
Hong Kong's rebellious lawmaker Yau Wai-ching
Yau Wai-ching is the youngest woman to be elected to Hong Kong's parliament - and she has been called many things, including: "radical", "goddess", "spy", "pretty" and "cancer cell". In the space of two months, the 25-year-old has become one of the most ... ( read original story ...)
CSC Financial's Hong Kong IPO seeks as much as US$1.06b
[HONG KONG] CSC Financial Co, the Beijing-based brokerage and investment bank, and an existing shareholder are seeking as much as US$1.06 billion in a Hong Kong initial public offering. The company, formerly known as China Securities Finance Co, and the ... ( read original story ...)
China Bank Stocks Seen Staging a Comeback in 2017
... s largest bank by assets, has gained 1.9 percent in Hong Kong this year, underperforming the Hang Seng’s 4.3 percent advance. In Shanghai, the shares have lost about 1 percent. CICC’s most-recommended banks: Merchants Bank’s most-recommended banks: ( read original story ...)
Hong Kong stocks touch 3-week high; Shenzhen connect boost small-caps
The Hang Seng index rose 0.5 percent, to 22,830.57, while the China Enterprises Index gained 0.9 percent, to 9,875.54 points. Small-caps, which will be included in the Shenzhen-Hong Kong Stock Connect, were the biggest gainers, with the Hang Seng Composite ... ( read original story ...)
Get tougher on Hong Kong localists to stop them damaging business in city, tycoon says
The chairman of a club that comprises 140 mainland Chinese and local tycoons has urged the Hong Kong government to get tougher with pro-independence localists to stop them damaging the business environment. Shenzhen-based Chen Hongtian, who chairs the ... ( read original story ...)
Hong Kong pupils who eat breakfast daily ‘18 months ahead of those who skip the meal’
Children who eat breakfast every day perform as well in tests as pupils who are 18 months older but skip food in the morning, a Chinese University study found. But the right food is equally important, with a combination of carbohydrates and protein being ... ( read original story ...)
Amended bid to take Amaya private now down to two backers
Amaya Inc.’s founder and former chief executive officer has filed an amended proposal to take the online gambling company private at $24 a share without two of the previous four named equity backers. In a filing with U.S. and Canadian securities ... ( read original story ...)
Shenzhen Connect Offers Chinese Stocks. Will the World Buy?
HONG KONG — Global investors in two weeks will get direct access for the first time to the stock market in the Chinese city of Shenzhen, giving them a chance to bet on a tech-heavy clutch of private companies on an exchange sometimes called China’s Nasdaq. ( read original story ...)