S&P lowers Hong Kong credit rating following China cut

Standard & Poor's on Friday slashed Hong Kong's top-notch credit rating ... said a "prolonged period of strong credit growth has increased China's economic financial risks", and downgraded the world's number-two economy from AA-minus to A-plus -- its ... ( read original story ...)

Using HSBC HK overseas

All set with your Hong Kong company and HSBC bank account? Congratulations! It can be quite a feat, especially in today’s rather strict KYC – “Know your Customer” world. So, after you have the bank account, you may want to make some changes. ( read original story ...)

How the Hong Kong IPO market is performing in 2017

Hong Kong is expected to complete new listings for 106 companies raising about HK$85 billion (US$10.90 billion) by September 30 2017, compared with 71 initial public offerings (IPOs) raising HK$134.3 billion in the same period last year, according to the ... ( read original story ...)

BOC seized P2M worth of smuggled glutinous rice

MANILA: The Bureau of Customs (BOC) has discovered misdeclared goods inside a container van from Hong Kong. Its accompanying documents states it contains apparels such as undergarments. But following X-ray inspection, the Customs personnel discovered sacks ... ( read original story ...)

Hong Kong launches HK$2 billion fund to support tech start-ups

Hong Kong has launched a HK$2 billion (US$256 million) fund to encourage investment in local innovation and technology start-ups, in an effort to boost new economic activity. The government said on Friday it is inviting venture capital funds to apply to ... ( read original story ...)

Hong Kong’s cross-border connection paves way for major IPOs

“Hong Kong had a pipeline of more than 170 IPO applications by the end of August,” Au says. “In addition, plans for about two to three large to mega IPOs mainly by technology-related businesses are likely to be completed before the end of 201 ( read original story ...)