Hong Kong’s Financial Secretary Paul Chan warned potential buyers to be careful buying property in the world’s most expensive housing market, as moves by the Federal Reserve to unwind its balance sheet may shrink money supply. Chan warned in June that ... ( read original story ...)
Hong Kong’s Active Investors May Be About to Lose Their Edge
That place is Hong Kong. Hong Kong, where passive investments are little more than sidekicks, amassing the equivalent of 5 percent of active funds. Hong Kong, where customers are loyal to active managers even though they do no better here than anywhere ... ( read original story ...)
Trolley dash at Hong Kong airport as new monitoring system ensures passengers never left holding their bags
Airline passengers arriving at Hong Kong airport may never again have to worry about the availability of baggage trolleys thanks to the development of a real-time artificial intelligence-based monitoring system by engineers at Chinese University. ( read original story ...)
The Big Hong Kong Dollar Short Is Bruised, But Not Broken
Hong Kong dollar bears are down, not out. So say Credit Agricole CIB and DBS Hong Kong Ltd. after the biggest jump by the pegged currency in 19 months. The main factors weighing down the exchange rate haven’t gone away, with ample liquidity causing a ... ( read original story ...)
Hong Kong’s Richest Man Expands Investments in Electric Vehicles
News of Li’s investment, via Ocean Dynasty Investments Ltd., helped send O Luxe shares surging as much as 6.1 percent to HK$1.74, the highest intraday price since June 2013. This isn’t the first time the Hong Kong tycoon, whose global business empire ... ( read original story ...)
Hong Kong leader Carrie Lam condemns ‘callous’ campus taunts after suicide of top official’s son
Hong Kong’s leader headed a chorus of condemnation and outrage on Friday over an “extremely callous” and “cold blooded” message displayed on the Education University campus, taunting a top education official over the suicide of her eldest son. ( read original story ...)
The Hong Kong actor straddling two cultures
Actor Michael Wong has been a favourite of the Hong Kong screen for more than three decades, making his debut in kung fu film Invincible Obsessed Fighters (1983) before going on to star in multiple action films, often as police officers. Born in the US to ... ( read original story ...)
Hong Kong independence banners present a real test of Carrie Lam’s political wisdom
Will the government’s strong condemnation lead to stronger advocacy for Hong Kong independence? The question has haunted the administration, and, to a certain extent, Beijing as well over the years. Since then, Beijing has stated its uncompromising anti ... ( read original story ...)
Asean-HK trade pact agreed
HONG KONG: Hong Kong and the 10-member Association of Southeast Asian Nations announced on Saturday that they had concluded negotiations for a free trade agreement and related investment pact. Asean and mainland China have had a free trade agreement in ... ( read original story ...)
Hong Kong student leaders take defiant stand on poster taunting education official over son’s death
Hong Kong student leaders on Friday refused to condemn a poster taunting the city’s education undersecretary, whose son committed suicide, saying the people behind the message were exercising their freedom of speech. The stance taken by the student ... ( read original story ...)
Hong Kong Dollar Surges Most in 1 1/2 Years, Boosting Developers
The greenback’s slide is proving too much for even the pegged Hong Kong dollar, which is heading for its biggest two-day gain against the U.S. currency since January 2016. Hong Kong’s dollar jumped 0.07 percent to HK$7.8080 against its U.S. counterpart ... ( read original story ...)
Cape Breton radio station surprises loyal Hong Kong listener with lobster lunch
A Maritimer living in Hong Kong recently got a taste of home after a Cape Breton radio station went the extra mile to make a special delivery to a loyal listener. Glace Bay native Carolyn Andrews has been teaching in Hong Kong for more than 20 years but ... ( read original story ...)
Hong Kong Airlines Million Challenge Kicking off the first season at the Happy Valley
HONG KONG, Sept. 8, 2017 /CNW/ -- Hong Kong Airlines, an internationally acclaimed Skytrax four-star full-service airline firmly rooted in Hong Kong, is the new title sponsor of the Hong Kong Airlines Million Challenge and will partner for the next three ... ( read original story ...)
Hong Kong scientists hope to create cheaper, more effective method for detecting Alzheimer’s
The Chinese University of Hong Kong (CUHK) is developing a new and cheaper screening method to detect Alzheimer’s disease through blood and eye imaging that could be more accessible for elderly sufferers in Hong Kong. Scientists behind the study are ... ( read original story ...)