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  • October 20, 2014
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  1. 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 ...

  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 ...

  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 ...

  4. Business - Comment - MONEY MATTERS

    Hong Kong to pay for politics of tear gas and anarchy

    Posted Oct 04th 2014, 04:46am by Shirley Yam

    ... Shirley Yam Given increasing public opposition, the street protests will soon peter out, but the real tragedy is polarisation among Hongkongers Hong Kong to pay for politics of tear gas ... Again, normally only top leaders get that treatment. The commentary said: "Judging from the political slogans and illegal demands posted by some in Hong Kong … their political goal ...

  5. Business - Comment - THE VIEW

    Building blocks needed in Hong Kong's political development

    Posted Sep 16th 2014, 02:59pm by Richard Wong

    ... The political reform framework decided by the Standing Committee of the National People's Congress has evoked strong reactions in Hong Kong. The pan-democrats have denounced it as undemocratic ... It is favoured by those who strongly support a "bottom-up approach" to building democracy in Hong Kong and want to anchor political decision-making with the people and no one else, even though ...

  6. Business - Economy - THE VIEW

    Chief executive chosen by universal suffrage can bridge divisions in Hong Kong

    Posted Oct 14th 2014, 12:50pm by Richard Wong

    ... This political narrative became embedded in the Basic Law, which was promulgated in 1990. But in the 1990s, Hong Kong's economy underwent another colossal transformation into a service economy. ... the 1970s. The "bottom-up narrative" was not the only one straining in the face of Hong Kong's socioeconomic transformation in the '90s. Political gridlock and the perception ...

  7. Business - Economy - MARKETS

    Hong Kong shares defy tumble on Wall Street

    Posted Oct 14th 2014, 11:04am by Sophie Yu

    ... the weight of the declines in the United States market and political instability in Hong Kong, said Lyncean Securities managing director Francis Lun Sheung-nim. “American depositary receipts ... Sophie Yu sophie.yu@scmp.com Hong Kong stocks staged a rally on Tuesday morning, resisting concerns over a slide on Wall Street that spilled over into Japanese shares. The Hang Seng Index ...

  8. Business - Economy - THE VIEW

    Hong Kong: one city, two narratives

    Posted Oct 01st 2014, 04:18am by Richard Wong

    ... that since Hong Kong developed a robust rule of law and economic and civil liberties without political liberty under British rule, why change the game? The second influence on the bottom-up narrative ... In the years since, whenever Beijing restricted civil liberties, political support for a democratic movement in Hong Kong gained ground. This came at a price. The democrats found it difficult to have ...

  9. Business - Comment - THE VIEW

    Hong Kong begins its own 'March of Folly'

    Posted Oct 06th 2014, 04:10am by Peter Guy

    ... of folly' And now the governments in Hong Kong and Beijing begin their march of folly, a descent into a cycle of preventable and irreversible decisions and acts that threaten to introduce permanent and irreconcilable civil and political instability into Hong Kong. By failing to address quality of life issues caused by a tycoon-dominated economy, the government fuelled concerns over the Basic Law's ...

  10. Business - Money - STOCKS

    Fund managers pull out of Hong Kong companies amid rising risk

    Posted Oct 07th 2014, 05:26am by Jeanny Yu

    ... that could hit the earnings of the key retail, tourism and property sectors. Analysts who have been advising clients to prepare for slowing profit growth from Hong Kong stocks say rising political risks in the city are forcing a faster repositioning of portfolios. "Political developments in Hong Kong have so far added uncertainty to earnings prospects in the city, although ...




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