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  • April 21, 2014
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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

    ... currency depreciation upon abrupt reversal of fund flows. Hong Kong, being a small, open economy and international trade and financial centre, may see large fluctuations in the exchange rate of its ... economic activities in Hong Kong, as an international trade and financial centre, are more affected by trade and fund flows between the mainland and the advanced economies than fluctuations ...

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

    ... Hong Kong sales in April. The result demonstrates the importance of Hong Kong as an international selling centre Sotheby’s Asia chairman Patti Wong “We’ve taken the pulse of the Asian art market - it’s racing and we are racing with it,” Sotheby’s Asia chairman Patti Wong said in a statement, adding that the result “demonstrates the importance of Hong Kong as an international ...

    http://www.scmp.com/news/hong-kong/article/1327827/sothebys-sets-record-hk42bn-hong-kong-autumn-sales
  3. 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
  4. Business - Companies

    SHK Properties posts record profit despite scandal

    Posted Sep 13th 2012, 06:37pm by Reuters in Hong Kong

    ... Hung Kai, which developed Hong Kong’s two tallest buildings, the International Finance Centre and the International Commerce Centre on either side of Victoria Harbour, is celebrating the 40th ... Reuters in Hong Kong Sun Hung Kai Properties, the world’s second-largest real estate developer, posted earnings that narrowly beat expectations on Thursday, building on last year’s ...

    http://www.scmp.com/business/companies/article/1036016/shk-properties-posts-record-profit-despite-scandal
  5. News - Hong Kong

    Hong Kong’s Causeway Bay tops shop rent list

    Posted Nov 16th 2012, 03:25pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Hong Kong’s bustling shopping district of Causeway Bay has knocked New York’s Fifth Avenue off the top of the list of most expensive places to rent retail ... cashed-up Chinese shoppers, property services firm Cushman & Wakefield said. “The highlight of this year’s survey was Hong Kong... notwithstanding slowing economic activity, retailers continued ...

    http://www.scmp.com/news/hong-kong/article/1083879/hong-kongs-causeway-bay-tops-shop-rent-list
  6. 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
  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 - Hong Kong - CRIME

    HK$1 million blue diamond lost and found at Hong Kong International airport

    Posted Mar 17th 2014, 07:02pm

    ... a HK$1 million blue diamond at Hong Kong International Airport today. Panic was averted, however, when it was found that the unaccompanied bag – and its valuable contents – had been found ... arrived at the Chek Lap Kok airport at about 10.30am, he went for a smoke near a rubbish bin on the pavement outside the passenger terminal in Cheong Hong Road. “After taking a smoke, he went ...

    http://www.scmp.com/news/hong-kong/article/1450873/hk1-million-blue-diamond-lost-and-found-hong-kong-international
  9. 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
  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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