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  1. Business - Economy

    Got a question about the dollar peg? We have the answers

    Posted Oct 14th 2013, 02:30pm by Hong Kong Monetary Authority

    ... Hong Kong Monetary Authority 1. What is the Linked Exchange Rate System (LERS)? The LERS was adopted in Hong Kong in October 1983. The objective of the LERS is to maintain currency stability, defined as a stable external exchange value of the currency of Hong Kong – in terms of its exchange rate in the foreign exchange market against the US dollar (USD) – at around HK$7.80 ...

    http://www.scmp.com/business/economy/article/1331435/got-question-about-dollar-peg-we-have-answers
  2. News - China

    Growing number of African entrepreneurs thriving in southern China

    Posted Sep 20th 2013, 11:31am by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong From a windowless room in a dilapidated Hong Kong high-rise, Ali Diallo sells Chinese electronics to retailers across Africa. The modest surroundings ... The building is also the go-to place in Hong Kong for African buyers in search of cheap electronics, with phones selling from around US$8 each. “In China there are opportunities for people who can ...

    http://www.scmp.com/news/china/article/1313630/growing-number-african-entrepreneurs-thriving-southern-china
  3. News - Hong Kong

    Hong Kong Disneyland posts first profit since opening

    Posted Nov 30th 2012, 01:38pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Hong Kong’s struggling Disneyland has posted its first profit since opening seven years ago thanks to an increase in mainland Chinese visitors, a report ... no details. A Disney spokesman declined to confirm the report when contacted, saying the park’s financial report will be released early next year. A deal to open Hong Kong Disneyland, which ...

    http://www.scmp.com/news/hong-kong/article/1094545/hong-kong-disneyland-posts-first-profit
  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

    ... 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 ... 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 ...

    http://www.scmp.com/news/hong-kong/article/1068705/bruce-lees-kowloon-tong-residence-go-sale
  5. News - Hong Kong

    Hong Kong film fest features John Woo-style cop thriller

    Posted Oct 12th 2013, 12:00pm by Associated Press in Hong Kong

    ... Associated Press in Hong Kong The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s "The White Storm" The lineup at the Hong ... The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s “The White Storm,” a classic cop thriller reminiscent of the days of John Woo’s “A Better ...

    http://www.scmp.com/news/hong-kong/article/1330152/hong-kong-film-fest-features-john-woo-style-cop-thriller
  6. News - Hong Kong - AUCTIONS

    Sotheby’s sets record with HK$4.2bn at Hong Kong autumn sales

    Posted Oct 09th 2013, 12:46pm by Reuters in Hong Kong

    ... Reuters in Hong Kong Sales in Hong Kong considered a barometer of demand from China for expensive artworks and luxury goods Sotheby’s celebrated its 40 years of business in Asia by raising a better-than-expected HK$4.2 billion ($542 million) in Hong Kong, a record for the global auction house’s autumn sales in the city. Sotheby’s biannual sales in Hong Kong are considered a barometer of demand ...

    http://www.scmp.com/news/hong-kong/article/1327827/sothebys-sets-record-hk42bn-hong-kong-autumn-sales
  7. News - Hong Kong

    Hong Kong govt silent on Snowden’s fate as lawmakers call for China to decide

    Posted Jun 22nd 2013, 12:33pm by Agencies in Hong Kong

    ... Hong Kong authorities were silent on Saturday on the fate of a former US National Security Agency (NSA) contractor ahead of an expected extradition request by the United States where he has been charged with spying. But a Hong Kong newspaper said he was under police protection. Edward Snowden was charged with theft of US government property, unauthorised communication ...

    http://www.scmp.com/news/hong-kong/article/1266580/hong-kong-govt-silent-snowdens-fate-lawmakers-call-china-decide
  8. News - China

    Builder says plan for new Titanic draws interest

    Posted Feb 16th 2013, 07:20pm by Associated Press in Hong Kong

    ... The Australian billionaire who’s planning to build a hi-tech replica of the Titanic at a Chinese shipyard has received an “overwhelming” response from people who want to be the first paying passengers. Representatives for Clive Palmer, who in April announ ...

    http://www.scmp.com/news/china/article/1151807/builder-says-plan-new-titanic-draws-interest
  9. Business - Money

    China shares fall in sharp reversal, Hang Seng slips

    Posted Jan 24th 2013, 05:28pm by Reuters in Hong Kong

    ... Apple suppliers hit by disappointed quarterly revenue results Hong Kong shares slipped for a second-straight day on Thursday, falling further away from chart resistance that had stymied ... profit on recent outperformers, triggering a sharp intra-day reversal that left benchmark indexes vulnerable to further losses in the near term. Weakness in mainland markets dragged on Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1135226/china-shares-fall-sharp-reversal-hang-seng-slips
  10. News - China

    Shifting China consumer tastes show in brand sales

    Posted Nov 30th 2012, 05:20pm by Reuters Breakingviews in Hong Kong

    ... Reuters Breakingviews in Hong Kong China’s consumers are still spending, but some brands are losing their lustre. Yum Brands and Hong Kong listed jeweller Chow Tai Fook have both warned ... period, with mainland China revenue up 3.4 per cent and Hong Kong, Macau and Taiwan falling 6.3 per cent. ...

    http://www.scmp.com/news/china/article/1094651/shifting-china-consumer-taste-impacts-brand-sales

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