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  1. HKMA sold HK$7.4 billion in 3 interventions on Thursday

    Posted Nov 02nd 2012, 08:12am by Reuters in Hong Kong

    ... The Hong Kong Monetary Authority (HKMA) stepped into the currency market during New York hours on Thursday, its third intervention for the day, as the local currency repeatedly hit the strong end of its trading range. It sold HK$2.751 billion ($355 million) in Hong Kong dollars in the latest move, bringing the total injection for the day to HK$7.4 billion, data showed. ...

    http://www.scmp.com/article/1074491/hkma-sold-hk74-billion-3-interventions-thursday
  2. Business - Companies

    Graft trial adjourns for billionaire Kwok brothers

    Posted Oct 12th 2012, 12:53pm by Reuters in Hong Kong

    ... The billionaire Kwok brothers’ corruption trial was adjourned on Friday until January to allow the prosecution more time to gather evidence in Hong Kong’s highest-profile graft case ... corruption in the government and police. Thomas and Raymond Kwok run Sun Hung Kai Properties, the world’s second-largest property developer by stock-market value. The Kwok family is Hong Kong ...

    http://www.scmp.com/business/companies/article/1059470/hong-kongs-billionaire-kwok-brothers-face-court-graft-charges
  3. Business - Companies

    CK Life Sciences buys top Australian salt producer

    Posted Nov 29th 2012, 03:13pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asia’s richest man Li Ka-shing is buying Australia’s largest salt producer Cheetham Salt in a deal worth US$157 million, a subsidiary of his Cheung Kong ... Kong Life Sciences chief executive officer Kam Hing-lam said in a statement. CK Life Sciences, chaired by Li’s eldest son and heir to his Cheung Kong conglomerate, Victor, is involved ...

    http://www.scmp.com/business/companies/article/1093823/ck-life-sciences-buys-top-australian-salt-producer
  4. News - Hong Kong

    Bruce Lee's former house in Kowloon Tong to go on sale

    Posted Oct 24th 2012, 03:58pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Kung fu legend Bruce Lee’s former residence in Kowloon will be put up for sale after a plan to turn the property into a museum dedicated to the icon ... house in Kowloon Tong has been used as a short-stay love hotel for several years. Yu could not be reached on Wednesday for comment. The kung fu star died in Hong Kong after a severe reaction ...

    http://www.scmp.com/news/hong-kong/article/1068705/bruce-lees-kowloon-tong-residence-go-sale
  5. Sport - Golf - GOLF

    Hong Kong Open cuts prize money

    Posted Sep 20th 2012, 02:33pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Prize money for the prestigious Hong Kong Open has been cut US$750,000 to US$2 million, organisers said on Thursday, blaming the state of the world economy. It comes despite the tournament, one of the biggest in Asia, retaining sponsor UBS, the Swiss bank. This year’s Hong Kong Open is November 15-18. “It’s one of these things that have ...

    http://www.scmp.com/sport/golf/article/1041418/hong-kong-open-cuts-prize-money
  6. News - Hong Kong - IMMIGRATION

    Plan to limit Shenzhen-Hong Kong border crossings

    Posted Dec 28th 2012, 12:00am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Mainland authorities may restrict multi-trip permits for Shenzhen residents coming to Hong Kong in bid to curb parallel trading Plan to limit HK border crossings Mainland authorities may limit the number of times Shenzhen residents can cross the Hong Kong border in a day as part of efforts to clamp down on parallel trading. An anti-smuggling office ...

    http://www.scmp.com/news/hong-kong/article/1113775/plan-limit-shenzhen-hong-kong-border-crossings
  7. News - Hong Kong - IMMIGRATION

    Hong Kong government cracks down on cross-border parallel traders

    Posted Sep 19th 2012, 12:00am

    ... to discuss the problem of thousands of traders who cross the border to buy goods in Hong Kong for resale. Earlier in the day, Chief Executive Leung Chun-ying said he would seek help from Beijing to clamp down on the parallel traders, who have been the subject of protests in North District. While buying goods in Hong Kong for sale across the border is not illegal in the city, the traders ...

    http://www.scmp.com/news/hong-kong/article/1040221/hong-kong-government-cracks-down-cross-border-parallel-traders
  8. News - Hong Kong - IMMIGRATION

    Row over cross-border parallel traders in Hong Kong sparks online debate

    Posted Sep 20th 2012, 12:00am by Emily Tsang

    ... Scandals over toxic food and unsafe products on the mainland have created demand for products sold in Hong Kong. Each day the traders buy large quantities of goods in North District shops, including food, infant formula, shampoo, electronic devices and tissue paper, and take them to mainland markets that specialise in Hong Kong products. Residents say they have caused shortages ...

    http://www.scmp.com/news/article/1040917/row-over-cross-border-parallel-traders-hong-kong-sparks-online-debate
  9. News - Hong Kong

    Schools near border in Hong Kong struggle to cope with surge in pupils

    Posted Sep 06th 2012, 12:00am by Kristie Wong, Dennis Chong

    ... Kristie Wong and Dennis Chong Numbers surge with influx of children born in Hong Kong to mainland parents Schools at border struggle to cope Schools in North District say they have been ... in Tai Po," Liu said. Liu said parents tended to blame cross-border pupils but it was important to remember that many were Hong Kong residents by birth, regardless of whether both parents ...

    http://www.scmp.com/news/hong-kong/article/1030275/schools-near-border-hong-kong-struggle-cope-surge-pupils
  10. News - Hong Kong - TRAVEL

    Cross-border sailing expected to start soon between Hong Kong and Chinese waters

    Posted Aug 16th 2012, 12:00am by Tony Cheung

    ... Tony Cheung in Nansha tony.cheung@scmp.com Private boats will be able to enter Guangdong waters Cross-border sailing to begin soon A Hong Kong businessman operating a marina in a pilot ... time." In March, then secretary for transport and housing Eva Cheng told the Legislative Council the Hong Kong government was studying the feasibility of a cross-border sailing scheme first ...

    http://www.scmp.com/news/hong-kong/article/1015595/cross-border-sailing-expected-start-soon-between-hong-kong-and

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