EJ Insight

BUSINESS

The bull run may be just getting started

Eddie Tam - Sep 20, 2017 1:20pm

I had earlier set a two-year target for Hong Kong’s benchmark index at 40,000, with the forecast resting on the assumption that China will succeed in its economic restructuring attempt. Some of my friends in mainland China...
How Fosun got around hurdles in its bid for India’s Gland Pharma

Ko Tin-yau - Sep 20, 2017 10:29am

Shanghai Fosun Pharmaceuticals Group Co. announced in July last year that it would acquire an 86.08 percent stake in Gland Pharma for US$1.26 billion. It marks the biggest outbound deal by Chinese firms in the pharmaceutical...
T-Mobile US explores takeover of Sprint: source

Sep 20, 2017 8:35am

US wireless carrier T-Mobile US Inc. is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp. offered to give up its majority ownership of Sprint, Reuters reports, citing a person familiar...
Ford to cut production at five North American vehicle plants

Sep 20, 2017 8:04am

Ford Motor Co. plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models, Reuters reports. The plants affected include three assembly plants in the United...
Why investors should stay away from local TV financial shows

Alex Wong - Sep 19, 2017 4:26pm

The other day I was talking with a taxi driver. “I’ve sent my cab to the repair shop, and the manager of the shop recommended HengTen Networks Group (00136.HK). But I don’t have the guts to...
Toys ‘R’ Us files for bankruptcy; HK, Asia stores stay open

Sep 19, 2017 3:38pm

Toys “R” Us (Asia) Ltd. on Tuesday clarified that its stores in Hong Kong and other parts of Greater China and Southeast Asia remain open and unaffected by the US company’s financial restructuring. Toys “R” Us Inc.,...
To ASEAN with love: An FTA that can be a win for HK, China

Frank Chen - Sep 19, 2017 12:11pm

Hong Kong leader Carrie Lam on Saturday concluded a two-day visit to Myanmar, becoming the city’s first ever chief executive to pay an official visit to the Southeast Asian nation since the establishment of the Hong...
How a co-working space firm supports female entrepreneurs

Kelly Siu - Sep 19, 2017 11:16am

Co-working spaces are becoming increasingly popular in many parts of the world, including Asia. In Hong Kong, the co-working market has taken off in a significant way, with experts enthused about the industry’s prospects. Among the...
Correlation does not equal causation

Andrew Milligan - Sep 19, 2017 10:43am

How dangerous is the end of quantitative easing (QE)? Some argue that central bank liquidity is strongly correlated with asset prices, so tapering (QT) will inevitably cause a sharp reverse. Such a simple analysis forgets that...
Energy sector using soccer power to drive global industry growth

Simon Chadwick - Sep 19, 2017 10:25am

Rosneft is a name that many people will be unfamiliar with, yet it is increasingly occupying a position that is center stage in the global geopolitics and business of football. Who is involved in Rosneft, why...

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WORLD

Suu Kyi and Rohingya crisis: Humanitarian values vs realpolitik

HKEJ Editorial - Sep 20, 2017 12:15pm

The 72nd session of the United Nations General Assembly is currently underway in New York City. As expected, the North Korean nuclear aggression and the humanitarian crisis in Myanmar pertaining to Rohingya people have dominated the...
The ‘China complex’ that is haunting the Russian Far East

Simon Shen - Sep 20, 2017 10:07am

I have heard many people ask the same question over the years: if China was able to take back Hong Kong from the British on the grounds that the territory was ceded to Britain under an...
The risk of a new economic non-order

Mohamed A. El-Erian - Sep 20, 2017 9:57am

Next month, when finance ministers and central bank governors from more than 180 countries gather in Washington, DC, for the annual meetings of the International Monetary Fund and the World Bank, they will confront a global...
Suu Kyi says Myanmar will allow ‘verified’ Rohingya to return

Sep 20, 2017 8:56am

Aung San Suu Kyi, Myanmar’s de facto leader, said the government would allow ethnic Rohingya Muslims who could prove they had lived in the country to return, the Wall Street Journal reports. Speaking to foreign diplomats...
Dozens dead as major earthquake strikes near Mexico City

Sep 20, 2017 8:11am

A major earthquake of magnitude 7.1 struck central Mexico on Tuesday, killing at least 60 people in several states, toppling buildings in the heavily populated capital and forcing thousands of people into the streets in panic,...

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Hong Kong

Junius Ho trips himself up on use of foul language

It is sad that Hong Kong Chief Executive Carrie Lam has refused to condemn legislator Junius Ho for his cruel and cold-blooded comments during a pro-Beijing rally at Tamar Park on Sunday. Ho himself...
Flat-sharing scheme aims to provide 500 low-cost units

The Hong Kong Council of Social Service (HKCSS), a federation of non-government social service agencies, has launched a flat-sharing scheme that aims to ease Hong Kong’s tight housing supply by providing low-cost units to...
A place to experience new technologies

In recent years, we often hear news on driverless automobiles, virtual reality (VR) and, how smart city improves the quality of life with information technology. But what exactly are they in real life? The...
Concerns about opening up to online media

Hong Kong has seen a booming industry in “online media” in recent years. Chief Executive Carrie Lam has formally proposed the opening of news coverage to qualified online media. As free circulation of information...
Manhunt for three after brazen TST jewelry store robbery

Police are looking for three men following a daring robbery at a jewelry store in Tsim Sha Tsui on Tuesday. At around 10am, a trio of thieves smashed windows of a Chow Sang Sang...
Online-only media to be allowed into govt events

The Hong Kong government has lifted restrictions that prevented online-only media from accessing government press conferences and events. The Information Services Department (ISD) on Tuesday introduced a new arrangement which allows eligible internet-based media...
A glimpse of life in Hong Kong’s old public housing estates

After sheltering many people for over five decades and bearing mute witness to changes in the city’s social and economic vicissitudes, residential blocks at three of Hong Kong’s earliest public housing estates — Shek...
Man arrested for indecent assault turns out to be habitual crook

A 19-year-old man who has been arrested on indecent-assault charges is suspected to have been involved in several crimes in the past, including conning dozens of women whom he met online. Police believe the...
Teen arrested for trying to rob man of US$3 mln in cash

Police are looking for two men who tried to rob a man carrying a backpack containing US$3 million in cash at Fanling Town Centre. The victim chased one of the suspects, 16, who had...
Henry Tang re-appointed to head West Kowloon Cultural District

For the first time in nine years, the West Kowloon Cultural District (WKCD) Authority will have a chairman who is not a government official. This comes as former chief secretary Henry Tang Ying-yen was...