Had China or Hong Kong's economy taken a downward turn, there might have been less enthusiasm for a known quantity at the tiller. Obviously, with so much expectation baked into HSBC's shares, as well as the buyback bonanza, any incoming management team ... ( read original story ...)
Hong Kong parents splurge the most on studies
Parents in hong Kong spend more on their children's education than any other country in the world, a new study by HSBC has shown (www.hsbc.com/ news-and-insight/media-resources/ media-releases/2017/the-value-of- education-higher-and-higher). Between ... ( read original story ...)
Former Hong Kong chief executive Donald Tsang used secret rule to justify travel, court told
Former Hong Kong leader Donald Tsang Yam-kuen played by his own “secret” rule, which existed only “in his head”, when it came to declaring his private yacht and jet trips with friends, his bribery trial heard on Monday. The High Court heard this ... ( read original story ...)
Meet the Hong Kong landlords willing to rent properties for 20 to 70 per cent of the market rate
Hong Kong’s first affordable social housing operator has revealed it will introduce a new project for low-income young singles next year to celebrate its fifth year in operation. Social enterprise Light Be on Monday invited 10 landlords, who have ... ( read original story ...)
Cargo catches fire moments before it is loaded on plane at Hong Kong airport
A FIRE broke out on the tarmac of Hong Kong’s international airport on Monday, with black smoke seen billowing near the belly of an American Airlines plane. The blaze began around 5.30pm (8.30pm AEDT) in one of the parking berths and one person was ... ( read original story ...)
Logistics startup Deliveree hauls $14.5m in series A round
Deliveree is just one of several logistics startups battling for market share in Southeast Asia. Both hailing from Hong Kong, recently minted unicorn GoGoVan and Lalamove – which raised US$30 million in its series B round earlier this year – connect ... ( read original story ...)
October Is Sourcing Show Time In Hong Kong
HONG KONG, CHINA - Media OutReach - Oct 9 ... VIP buyer lounges, ample refreshment areas, wi-fi access, travel and accommodation assistance, business centre, and an exhibitor locator system all are available throughout the show. MEGA SHOW Part 2 ... ( read original story ...)
Ratings On Fuyuan 2016-2 Retail Auto Loan ABS Class A And Class B Notes Raised To ‘AAA(sf)’
HONG KONG (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings today raised its ratings on the Class A and Class B notes issued by Shanghai International Trust Co. Ltd. as trustee of the Fuyuan 2016-2 Retail Auto Mortgage Loan Securitization Trust (Fuyuan ... ( read original story ...)
Ratings On Autopia China 2016-2 Retail Auto Loan ABS Class A2 And Class B Notes Raised To ‘AAA (sf)’
HONG KONG (S&P Global Ratings) Oct. 9, 2017--S&P Global Ratings today raised its ratings on the class A2 and class B notes issued by China Foreign Economy And Trade Trust Co. Ltd. as trustee of the Autopia China 2016-2 Retail Auto Mortgage Loan ... ( read original story ...)
Marriott International Launches Club Marriott — The Largest Culinary Loyalty Program in Hong Kong, Bringing Benefits That Go Beyond Dining
HONG KONG, CHINA--(Marketwired - Oct 9, 2017) - Marriott International ( NASDAQ : MAR ) has launched the new Club Marriott in Hong Kong, a leading dining loyalty program that integrates three powerful dining loyalty programs -- Club Marriott, Eat Drink ... ( read original story ...)
Nurturing Hong Kong’s Next FinTech Generation
HONG KONG, CHINA--(Marketwired - Oct 9 ... start-ups that are developing solutions across Data Analytics & Machine Learning, Commerce & Payments, Financial Technology, Marketing & Customer Experience and Security & Enterprise IT. "We were pleased to ... ( read original story ...)
Bank of China (Hong Kong) Limited celebrates centennial of service
The Bank of China (Hong Kong) Limited will issue 5 million $100 commemorative bank notes to celebrate the 100th anniversary of its “service to Hong Kong,” with three options available. Images courtesy of Bank of China (Hong Kong) Limited. Among the ... ( read original story ...)
Enhancing HK’s competitiveness
Net interest margin has also seen improvement. Pre-tax operating profits of the banking industry have grown by over 18% over the same period last year. I am happy to see that while banks in Hong Kong are making decent profits, they are at the same time ... ( read original story ...)
BRIEF-Tahoe’s property unit signs agreement to buy property developer for 227.8 mln yuan
Further company coverage: ($1 = 6.6310 Chinese yuan renminbi) (Reporting by Hong Kong newsroom) Our Standards:The Thomson Reuters Trust Principles. ( read original story ...)