Mystery surrounds the whereabouts of a Chinese billionaire reportedly taken away from his Hong Kong hotel by mainland police ... according to overseas Chinese news sites that carry reports of political gossip and unverified corruption scandals. ( read original story ...)
Hong Kong stocks down 0.9pc in early trading for Year of the Rooster debut
Hong Kong stocks opened lower at the start of the Year of the Rooster on Wednesday, as investors returned from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over US President Donald Trump’s controversial ... ( read original story ...)
Chinese billionaire whereabouts a mystery, but denies abduction from Hong Kong – media
... China-born billionaire was quoted by state media on Tuesday as saying he had not been abducted from Hong Kong by mainland Chinese agents as some news outlets had reported, but was receiving medical treatment. Mystery surrounds the whereabouts of Xiao ... ( read original story ...)
HSBC to launch P2P mobile wallet
Hongkong and Shanghai Banking Corporation is expected to launch a mobile wallet next week to take part in the emerging P2P payment market, local media reports.PayMe from HSBC, the P2P mobile app that could bundle a Visa or MasterCard credit card ... ( read original story ...)
Chinese billionaire protected by all-female bodyguards is feared to have been abducted from Hong Kong amid rumours he has been kidnapped by Beijing agents
Xiao is reported to have come to Hong Kong in 2014, two years after Chinese President Xi Jinping started a much-publicised anti-corruption drive. He has denied that he was ever the target of an investigation. Chinese-language news site Boxun said Xiao had ... ( read original story ...)
Hong Kong’s biggest pro-Beijing party takes a swipe at John Tsang over his spending record
Hong Kong’s biggest pro-Beijing party has launched a veiled attack on a front runner in the city’s leadership race, John Tsang Chun-wah, for consistently underestimating fiscal reserves when he was financial secretary. The comments indicate that the ... ( read original story ...)
Hong Kong stocks headed for reality check as investors grow ‘leery’ of Trump’s agenda
Hong Kong stocks may head lower on the first trading day of the Year of Rooster on Wednesday, as they return from a four-day holiday weekend to catch up with recent losses for global equities amid concerns over Donald Trump’s tightening of US immigration ... ( read original story ...)
Hong Kong husband makes new year wish for double lung transplant for ailing wife
In January, Kum was transferred to the intensive care unit at Grantham Hospital in south Hong Kong Island after her condition took a turn for the worse. Dr Michael Wong Ka-lam, an associate consultant at the hospital’s cardiac medicine unit, said Kum was ... ( read original story ...)
Would YOU live in a 'coffin home' to beat the housing crisis? Hong Kong residents forced to live in tiny bunkers after property prices skyrocket by 50 per cent
Skyrocketing rental prices in Hong Kong have seen more people living in 'coffin homes' measuring just 1.9 square metres in size as that is all people can afford there. The likes of Wong Ziwa lives in one of these tiny low-ceiling abodes that he calls home. ( read original story ...)
Hong Kong: The worst place in the world for a startup to open a bank account?
Over the past 12 months, in our efforts to open a business bank account, our Hong Kong startup was rejected by no less than four banks. Our crime? We were told our business was “too young” for a bank account, which is curious since startups tend to be ... ( read original story ...)
Year of the Rooster promises financial gain, but beware of market volatility
Wong said this year would be good for the financial sector, including gold, forex trading and stocks, with the Hang Seng Index expected to trade between the 20,000 to 25,000 level. The Year of the Monkey was a good year for the Hong Kong stock market ... ( read original story ...)
Hong Kong needs dozens more foreign doctors, health minister says
Hong Kong’s health minister says the public hospital authority should recruit dozens more doctors from overseas and give them longer contracts to relieve a manpower shortage. Dr Ko Wing-man said there was a shortage of between 200 and 300 medical staff ... ( read original story ...)
Hong Kong police seize four cars in street racing crackdown
The four cars where found travelling with speeds of up to 100km/h along Wong Chuk Hang Road and Nam Fung Road. Officers at the Hong Kong Island traffic branch’s enforcement and control division task force gave chase in unmarked vehicles while road ... ( read original story ...)
Kirins fail to make HK final
Thai League champions SCG Muang Thong United failed to reach the final of the Lunar New Year Cup, going down to top Hong Kong club Kitchee FC 5-4 in a penalty shoot-out after a 1-1 draw in normal time. The tournament is being held in Hong Kong to celebrate ... ( read original story ...)