Hong Kong's last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. The bourse's operator, Hong Kong Exchanges and Clearing, said it will close the trading hall by the end of the month and ... ( read original story ...)
HONG KONG PRESS: News Headlines On Friday, October 20
HONG KONG (Oct 20) -- Here's a roundup of local news: *Sinochem taps banks for Hong Kong IPO of oil assets: sources China's Sinochem Group has tapped three banks, including Morgan Stanley, to work on the possible Hong Kong listing of its key oil assets, as ... ( read original story ...)
Severe Typhoon Hato hits Hong Kong
Thousands of people were evacuated Tuesday in parts of south China in preparation for the typhoon's arrival, the official Xinhua news agency said. In Hong Kong, the storm sent metres-high waves crashing into shorelines with flooding knee deep in some areas. ( read original story ...)
Hong Kong rebound is good news for Naspers
The rand was hovering under R13.60/$ on Friday morning after a roller-coaster ride during the night in which it oscillated between R13.5963/$ and R13.4757/$. The rand was at R13.58/$, R16.05/€ and R17.80/£ at 6.40pm. The JSE’s all share index, which ... ( read original story ...)
‘Disruption needs to take place in Hong Kong’: tourism industry veterans discuss how city can reinvent itself
Hong Kong needs authenticity, fresh blood, technology, Victoria Harbour and some “disruptions” to reinvent its flagging inbound tourism, according to industry veterans. To attract the growing demographic of millennial travellers who prefer cultural ... ( read original story ...)
Hong Kong stocks fall most in 2 months as property shares tumble
Hong Kong stocks fell the most in over two months on Thursday as ... in mainland China fell for the first time in over 2-1/2 years. Sentiment was not aided by news that China's economic growth eased slightly in the third quarter, with investors scrambling ... ( read original story ...)
All you need to know about Xi Jinping’s remarks on Hong Kong in his report to the party congress
President Xi Jinping on Wednesday set the course for Hong Kong and Macau’s governance, calling for the melding of Beijing’s authority, or “comprehensive jurisdiction”, over the two cities with their “high degree of autonomy” in a natural or ... ( read original story ...)
Hong Kong businesses and students struggling to access mainland market, poll finds
More than half of Hongkongers working in major mainland cities are frustrated with insufficient support from Hong Kong government offices stationed there, a cross-border survey has found. The report, claimed by pollsters to be the biggest of its kind ... ( read original story ...)
Xi’s melding of Beijing’s authority and Hong Kong’s high degree of autonomy works well, top official says
President Xi Jinping’s vision for Hong Kong of a blending of the concepts of central authority and a high degree of autonomy should work well and does not need to lead to confrontation or tension, said a Beijing top official. Commenting on Xi’s ... ( read original story ...)
Hong Kong’s new Chinese opera centre will be run by an American, and local performers aren’t happy
Cantonese opera performers in Hong Kong said they were “extremely disappointed” after the job of running the city’s new showcase for the traditional art form went to an American. A stalwart of the local opera industry said Beijing-based consultant ... ( read original story ...)
Hong Kong’s Indian community celebrates annual Diwali festival with bright colours and lights
Homes, temples and businesses of Hong Kong’s Hindu, Sikh and Jain communities were draped in bright colours and lights on Thursday in celebration of Diwali, the festival of lights. Tens of thousands of Hong Kong’s Indian diaspora spent the day ... ( read original story ...)
Hong Kong Stocks Tumble Most This Year as Geely, Developers Sink
Hang Seng Index sinks as much as 2.2% in late trading Traders cite concerns from Hibor jump to Chinese deleveraging Hong Kong shares turned sharply lower in afternoon trading, led by some of the year’s best performers, as traders cited concerns ranging ... ( read original story ...)
Hong Kong opposition filibuster blocks Lam’s plan for Legco to prioritise joint checkpoint debate
The ambitious goal of Hong Kong’s leader to improve ties between the government and lawmakers got off to a rocky start on Wednesday as opposition members persisted in filibustering on the first day of the new Legislative Council session. They were also ... ( read original story ...)
Hong Kong sports fans have booed China’s national anthem for years. Now they might go to jail.
Hong Kong’s chief executive, Carrie Lam, called it a “very serious issue.” “Some people said: ‘Don’t boo, otherwise the next game is going to be played behind closed doors,’ ” she was quoted as saying, in response to a question at a news ... ( read original story ...)