Hong Kong

Sovereign States Get Legal Immunity in Hong Kong

Companies will no longer be able to sue sovereign countries in Hong Kong courts to recover debts.

New measures to attract more HK students to mainland

Hong Kong students aspiring to study in China's mainland may soon have their exam pressure lessened, as the Chinese central government last week unveiled relevant measures including pilot open admission programs by some universities.

More U.S. financial firms compete to manage Hong Kong's wealth

Hong Kong is becoming a battleground for U.S. financial firms courting Asia's wealthy. Hedge funds are putting down stakes in Hong Kong, after retreating from Asia during the financial crisis. Wall Street stalwarts such as Citigroup are also expan...

Hong Kong Charges Executive in Inside Deal

KATE O'KEEFFE The Wall Street Journal 28.08.2011
Hong Kong Charges Executive in Inside Deal

Hong Kong's securities regulator said Thursday it charged a former Citic Pacific Ltd. executive with insider trading in the company's shares, the latest example of the watchdog's heightened efforts to combat market misconduct.

Far East Horizon Said to Sign Dim Sum Loan in Hong Kong With UBS

Far East Horizon Ltd., the financial leasing unit of Sinochem Corp., signed a 750 million yuan ($117 million) three-year loan in Hong Kong with sole arranging bank UBS AG, according to a person familiar with the matter.

Li & Fung chief launches Hong Kong think-tank

Alexandra Wexler MarketWatch 28.08.2011
Li & Fung chief launches Hong Kong think-tank

A new think tank headed by one of Hong Kong's most prominent businessmen was launched in the city Thursday, with the aim of providing Asian perspectives on global issues at a time when the world's attention shifts east, drawn by the region's growi...

Hong Kong says 'appropriate' to deny maids residency

A Hong Kong court heard Tuesday that restrictions barring foreign maids from settling permanently in the city were legitimate, in a landmark case which has sparked debate on equal treatment.

Cathay Pacific applies for $2 bln medium term note

Farah Master, Will Waterman Reuters 24.08.2011
Cathay Pacific applies for $2 bln medium term note

Cathay Pacific Airways Ltd , Asia's No.4 airline by market value, said on Tuesday it had applied to the Hong Kong stock exchange for the listing of a US$2 billion medium term note programme.

Now it's official: Nicholas Tse and Cecilia Cheung to end marriage

Celebrity couple Nicholas Tse Ting-fung and Cecilia Cheung Pak-chi have officially announced they are divorcing following months of speculation their five-year marriage is on the rocks.

HK won't drop Philippine travel alert

The Chief Executive, Donald Tsang, says the SAR government will not consider dropping the black travel alert for the Philippines, until Manila takes effective measures to protect the safety of tourists and restores their confidence in visiting the...

HK opens landmark hearing on maid's residency

A court Monday began hearing a Philippine maid's bid to live permanently in Hong Kong, in a landmark case that is inflaming debate over how the city treats its army of domestic helpers.

Hong Kong’s Record Negative Interest Rates Fuel Yuan Demand: China Credit

Hong Kong bond yields are trailing inflation by the most on record, spurring demand for yuan- denominated assets as China makes it easier for the city’s residents to invest in the securities.

Hong Kong's Consumer Price Index surges to 7.9% in July

Hong Kong's Consumer Price Index (CPI) in July surged to 7.9 percent from a year ago, compare with the 5.6 percent rise in June, the city's statistics department said here on Monday.

Hong Kong Inflation Surges to 7.9%, Fastest Pace Since 1995

Hong Kong's inflation surged to 7.9 percent last month, the fastest pace since 1995, on food, rents and a distortion caused by a government housing subsidy.

Hong Kong turn on social media to stay connected

Kevin Kwang ZDNet Asia 23.08.2011
Hong Kong turn on social media to stay connected

Hong Kong citizens are spending more time than their American counterparts on social media sites such as Facebook and blog sites, turning to these platforms to keep in touch with family and friends as well as purchase products online, according to...

HK reporters decry security during China VP visit

Atlanta Journal Constitution 20.08.2011
HK reporters decry security during China VP visit

Several hundred journalists in Hong Kong have marched to protest what they say was heavy-handed security that restricted their reporting during the visit of a Chinese official earlier this week.

American Express and Groupon Hong Kong Partner to Allow Customers to Redeem Membership Rewards on Online Group-Buying Space

American Express and Groupon Hong Kong announced that the two companies are partnering to bring amazing benefits and rewards to consumers in Hong Kong. Beginning August 18, American Express Cardmembers can redeem Groupon cash vouchers at a savings...

HK police say arrests alleged HKEx cyber attacker

Alison Leung, Jacqueline Wong Reuters Canada 20.08.2011
HK police say arrests alleged HKEx cyber attacker

Hong Kong police said on Friday they had arrested a businessman who allegedly hacked into the news website of the Hong Kong Exchanges and Clearing Ltd (HKEx), the world's biggest bourse operator by market value.

Chinese vice premier ends HK visit amid protests

Hong Kong activists on Thursday renewed calls for the immediate release of all political detainees in China, as Chinese Vice Premier Li Keqiang ended his three-day visit to the city.

Child Hunger is Cited as Growing Problem in Hong Kong

A new study commissioned by Oxfam found tens of thousands of children are regularly going hungry amid the glitter and prosperity of Hong Kong.

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