The biggest one of them is controlled by developer Li Ka-shing, who has made it his life’s business to turn port facilities in Hong Kong into housing projects. This would be his biggest one ever, and the port business he loses here would be gained ... ( read original story ...)
Poverty in Hong Kong could worsen in 2018 even after government handouts, welfare minister warns
The Hong Kong Poverty Situation Report for 2016, released last Friday, showed that 1.35 million of the city’s 7.35 million residents were living below the official poverty line, with the figure dropping to 996,000 after factoring in cash interventions ... ( read original story ...)
Hong Kong urged to learn lessons from Taiwan to better treat rare diseases
Hong Kong lawmaker Fernando Cheung Chiu-hung has urged Chief Executive Carrie Lam Cheng Yuet-ngor to follow Taiwan’s lead in using legal means to guarantee the supply of so-called orphan drugs for specific rare diseases, which drug makers are reluctant ... ( read original story ...)
Hong Kong Superseries: Visa issue resolved; P Kashyap, Sai Praneeth allowed to play
India's Parupalli Kashyap and B Sai Praneeth will be able to take part in the Hong Kong Superseries after the visa issue concerning the two shuttlers was resolved. Hong Kong Badminton Association, the organisers of the Superseries resolved the matter for ... ( read original story ...)
Dead end for Hong Kong democracy, so focus on social policies now, new Labour Party head says
Hong Kong’s road to greater democracy has come to a dead end for now and pan-democrats should shift their focus to call for better policies improving people’s livelihoods and safeguarding human rights, the Labour Party’s new chairman said on Sunday. ( read original story ...)
Hong Kong students who skip DSE exam for vocational studies can still go to university in landmark new programme
Hong Kong youth will soon have the option to skip the city’s high-pressure secondary school leaving examination to pursue vocational education at an earlier age without worrying about the lack of opportunities to obtain a degree later. This route could ... ( read original story ...)
Mom and Pop Pile Into Hong Kong IPOs in $163 Billion Bonanza
Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. ( read original story ...)
Hong Kong sewage plant to move into caverns in 11-year plan
Drainage officials will seek funding next year for the first phase of works to move a Sha Tin sewage treatment plant into a rock cavern in a massive project expected to last 11 years, according to Hong Kong authorities. New details have also been revealed ... ( read original story ...)
SouthGobi CEO Arrested as Concern Over Hong Kong’s Stocks Rises
Mongolian coal producer SouthGobi Resources Ltd.’s CEO was detained in China as a suspect in a fraudulent loan case, the latest Hong Kong-listed company linked to allegations of misconduct. SouthGobi shares fell as much as 13.6 percent, the most in four ... ( read original story ...)
Hong Kong: 20% of residents live in poverty
A record number of Hong Kong residents live in poverty, with one fifth of the population falling below the poverty line despite economic growth, according to new government figures. The number of people living below the poverty line rose to 1.35 million in ... ( read original story ...)
Mom and Pop Pile Into Hong Kong IPOs With $163 Billion Bonanza
Mom-and-pop investors haven’t been this crazy for Hong Kong initial public offerings since 2009. Hong Kong retail stock buyers placed orders for $163 billion worth of equity in this year’s major deals, according to data compiled by Bloomberg. ( read original story ...)
Hong Kong stocks hit fresh 10-year high as insurers and Tencent lead gains
Hong Kong stocks hit a fresh 10-year high on Thursday ... according to a gauge tracking the price gap between the two markets compiled by Hang Seng Bank. In the mainland, the Shanghai Composite added 0.4 per cent, or 12.33 points, to 3,427.79. ( read original story ...)
Hong Kong feels coldest weather this autumn after temperatures drop seven degrees in 24 hours
The long-awaited winter weather finally arrived in Hong Kong on Sunday as temperatures plunged about seven degrees from Saturday. It is expected to get even colder throughout the week, with temperatures dropping to new autumn lows since the season began in ... ( read original story ...)
‘Innovation’ needed to capitalise on Greater Bay Area, Hong Kong official says
“Innovation” and “breakthroughs” are needed to enable the flow of people, logistics, capital and information brought about by the development of the Greater Bay Area, a top Hong Kong official said following the latest round of talks between the ... ( read original story ...)