Hong Kong is often trumpeted as one of the world’s most expensive cities in which to own a home, caught as it is in the perfect storm of limited land, dense population, and strong demand. But another significant factor is often overlooked: the cost of ... ( read original story ...)
S. Korea inspects Hong Kong ship over N. Korean oil
SEOUL, South Korea – South Korea says it inspected a Hong Kong-flagged ship that allegedly violated U.N. sanctions by transferring oil to a North Korean vessel in October. An official from Seoul's Foreign Ministry said Friday that the Lighthouse Winmore ... ( read original story ...)
Hong Kong lawyers ‘appalled’ by move to enforce China law in rail station
HONG KONG (Reuters) - An association representing Hong Kong barristers said it was “appalled” by the Chinese parliament’s move to enforce mainland laws inside a Hong Kong railway station, denouncing it as the most retrograde step since the 1997 handover. ( read original story ...)
Hong Kong Bar Association ‘appalled’ by approval of joint checkpoint plan, saying it ‘irreparably’ breaches Basic Law
Hong Kong’s Bar Association was “appalled” by a decision made by China’s top legislative body on a joint checkpoint plan for a cross-border rail link, saying the move was the most retrograde step since 1997, with the city’s mini-constitution ... ( read original story ...)
Hong Kong eyes blockbuster China tech IPO queue, led by Xiaomi
HONG KONG (Reuters) - Hong Kong bankers are eyeing a slew of blockbuster IPOs from Chinese technology firms with a total market capitalization of some $500 billion over the next two years, in a sharp contrast to 2017 - the city’s worst year for raising ... ( read original story ...)
New wave of Cambodian domestic helpers ‘know risks’ that come with working in Hong Kong
“They are really smart to understand Hong Kong law and [how it can protect them],” Fung said. “It is good for them to know about this, so they can spread the news to Cambodia and more [helpers] will feel confident about coming to Hong Kong. ( read original story ...)
Beijing’s top office on Hong Kong affairs says city ‘must implement’ controversial joint checkpoint for high-speed rail
“[Authorities] on the mainland and in Hong Kong must execute [the NPCSC’s] decision,” a HKMAO spokesman said to state-owned news agency Xinhua. The NPCSC’s decision was described as “an important constitutional judgment that cannot be challenged ... ( read original story ...)
Sleep deprived and under pressure: Carrie Lam discusses coping with life as Hong Kong’s leader
Hong Kong’s leader has revealed that she has to take medicine to control high blood pressure and can only have three to five hours of sleep each night, in a radio interview broadcast on Wednesday. In the pre-recorded interview on Commercial Radio ... ( read original story ...)
China says part of Hong Kong rail station to be subject to mainland laws
BEIJING/HONG KONG (Reuters) - China's parliament on Wednesday said part of a Hong Kong high-speed railway station being built in the city center would be regarded as Chinese territory, an unprecedented move that critics say further erodes the financial hub ... ( read original story ...)
It’s many happy returns of the festive season for Hong Kong retailers, but can the good times last?
With glittering lights, Christmas tree displays and discounts advertised on storefronts, Hong Kong’s malls were abuzz with tourists and local families this past weekend. At the upmarket Pacific Place on Christmas Eve, diners indulged in hearty meals ... ( read original story ...)
Number of elderly organ donors on the rise in Hong Kong after lifting of age limit
More elderly organ donors have contributed to saving the lives of others, with Hong Kong recording an increase in the number of such people aged 70 or above this year following the removal of an age limit in public hospitals. As of end November ... ( read original story ...)
Cybercrimes and scams will be two big challenges for Hong Kong police, outgoing veteran says
Cybercrimes and deception would be major challenges faced by Hong Kong’s police in the next decade, an outgoing veteran crime buster has said amid increasing cases of both types of offences. Over the past decade, reports of technology crimes have jumped ... ( read original story ...)
Canada can learn from Hong Kong’s tax system, commerce chamber chief says
The new chairman of the Canadian Chamber of Commerce in Hong Kong has said his country can learn from the city’s economic system and adopt it, increasing competitiveness, economic growth and tax revenue for Canada’s government. Todd Handcock was ... ( read original story ...)
Does Hong Kong have a housing crisis? The answer depends on whether you own a flat
Hong Kong has the dubious distinction of being the world’s most expensive real estate market, a title it has retained for the past seven years. In 2017, there was no shortage of warnings of a property bubble, complaints of how homes were seriously ... ( read original story ...)