HONG KONG, Feb. 3 (Xinhua) -- The gold price in Hong Kong closed at 11,258 HK dollars per tael on Friday, shrinking 2 HK dollars from the previous trading day, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,219.37 U ... ( read original story ...)
A billionaire’s disappearance rattles Hong Kong
XIAO JIANHUA was not alone among mainland China’s mega-rich in his fondness for the Four Seasons hotel in Hong Kong’s financial district. It describes itself as “perfect for the business elite”, among whom Mr Xiao certainly ranks. Hurun Report ... ( read original story ...)
Long queues at Hong Kong food trucks despite minor hiccups on first day of business
The dumplings were late, but hungry Hong Kong customers were willing to wait. Three food truck operators made their debut on Friday under a two-year pilot scheme that will eventually see 16 trucks serving their specialties at designated locations ... ( read original story ...)
Chinese fintech firm Wangjin Holdings plans $500 million HK IPO in 2017: IFR
The financial technology company would join other technology startups planning Hong Kong listings this year, including Lufax, China's biggest peer-to-peer lending and wealth management platform, which plans a $5 billion IPO. (Reporting by Fiona Lau of IFR ... ( read original story ...)
Hong Kong aims to entertain: From bright lights to the big Buddha, they do things massive on the South China Sea
It was showtime and laser beams flashed frenetically from the tallest skyscrapers of Hong Kong’s skyline as music boomed from speakers around Victoria Harbour. Towers outlined in multicoloured neon pulsed with the beat. On the water, Chinese junks with ... ( read original story ...)
Hong Kong police check CCTV footage for clues on missing tycoon
Hong Kong police are checking roadside surveillance footage around the city to try to trace the movements of missing mainland billionaire Xiao Jianhua as they investigate his disappearance from the luxury hotel where he was staying on Lunar New Year’s ... ( read original story ...)
Hong Kong wheels out pilot food truck scheme with 16 vendors
HONG KONG: Hong Kong's long-awaited pilot food truck scheme gets off the ground on Friday (Feb 3), with an initial 16 trucks parked at eight tourist locations. The Tourism Commission initiative is meant to draw more tourists to the city while helping ... ( read original story ...)
Hong Kong business says forget flash, keep it simple for start-ups
Forget fancy buildings and go for start-ups at low rents in the Lok Ma Chau Loop, the Hong Kong government has been told. Instead of buildings with shiny glass walls and elaborate designs, like those run by Hong Kong Science and Technology Parks at Tai Po ... ( read original story ...)
Hong Kong again eyes weighted voting rights to lure tech IPOs
HONG KONG Amid fierce competition to lure tech company listings, Hong Kong's sole stock exchange is considering launching a new board for issues with weighted voting rights, a controversial stock model that regulators shot down in 2015. Hong Kong Exchanges ... ( read original story ...)
Hong Kong stocks fall in line with rest of Asia amid trade policy concerns, but gold miners surge
The Hang Seng China Enterprises Index, or the H-share index, dropped 0.48 per cent or 47.44 points to 9,756.61. Chan Ka-keung, Hong Kong’s Secretary for Financial ... a foreign exchange strategist for Mizuho Bank. “The US dollar’s path this year ... ( read original story ...)
Another mystery as billionaire vanishes from Hong Kong
In this Dec. 2013 file photo, Xiao Jianhua, a Chinese-born Canadian billionaire reads a book outside International Finance Centre in Hong Kong. HONG KONG-- Mystery surrounds the whereabouts of a Chinese-born Canadian billionaire reportedly taken away from ... ( read original story ...)
Give and take at BOC
BOC Hong Kong (2388) will waive charges for electronic fund transfers to other local banks starting from February 20.Personal customers are to be exempted from the HK$30 per transaction fee, joining customers at other leading lenders like HSBC, Standard ... ( read original story ...)
Hong Kong Bank Stock Could Return Over 20%
Since Election Day, Bank of America shares (ticker: BAC) have jumped 33%. Those of BOC Hong Kong (2388.HK), which is majority-owned by Bank of China (3988.HK), are up 13% since then. That could be a buying opportunity. ( read original story ...)
Chinese billionaire vanishes in Hong Kong
A Chinese billionaire, who was supposedly protected by eight female bodyguards, has vanished in Hong Kong, amid speculation he has been abducted by agents of Beijing. Xiao Jianhua, a former student leader turned financier who founded the Tomorrow Group ... ( read original story ...)