Date
25 April 2018

HKEJ

Hong Kong Economic Journal
  • A banner that reads "I Want Genuine Universal Suffrage" flies outside the Central Government Offices in Admiralty. Photo: Bloomberg

    Help Hong Kong start anew after the veto

    - Jun 19, 2015 5:01pm
    As they say, fear incompetent teammates more than your enemies. The pro-establishment camp has become the laughing stock in the city after Thursday’s drama in the Legislative Council. The saga of 31 Beijing-friendly lawmakers who walked...
  • CRE top executives are shown with some of the company's beverage products. CRE has agreed to a beefed up asset acquisition deal with its parent. Photo: HKEJ

    CRH boosts acquisition deal with listed unit to HK$30 bln

    - Jun 19, 2015 12:21pm
    China Resources (Holdings) Ltd. (CRH) is beefing up an acquisition deal for the non-beer assets of China Resources Enterprise Ltd. (CRE, 00291.HK), its Hong Kong-listed unit. That values the transaction at HK$30 billion (US$3.87 billion), up from...
  • The stock market will remain stable despite the rejection of the government's political reform package, says HKEx CEO Charles Li. Photo: HKEJ

    Stocks, property seen unaffected by electoral reform bill veto

    - Jun 19, 2015 11:01am
    The setback suffered by the Hong Kong government on the electoral reform bill is unlikely to have any material impact on the local stock and property markets, experts say. Investor sentiment will not be affected, and...
  • So Shu-fai (center), seen with SJM executive director Angela Leong and chief operating officer Louis Ng, says all major bad news should now be reflected in the market. Photo: HKEJ

    Macau gaming sector near bottom, says SJM

    - Jun 19, 2015 10:57am
    The gaming sector in Macau may bottom out within two months, after a 12-month slump in revenues, a report Friday in the Hong Kong Economic Journal quoted SJM Holdings Ltd. (00880.HK) chief executive So Shu-fai as saying. All major bad...
  • Hong Kong people will press on with their fight for democracy, says Chan Kin-man, an Occupy Movement co-founder. Photo: HKEJ

    Chan Kin-man says he won’t rule out more Occupy-type protests

    - Jun 18, 2015 5:14pm
    Dr. Chan Kin-man, a co-founder of last year’s Occupy Central movement, said he will not rule out the possibility of another wave of protests in the fight for democratic reforms in Hong Kong.  At a rally...
  • Hong Kong's markets watchdog has received inquiries on several cases of suspicious stock price movements, but found no evidence to launch legal action in most of the cases, says Ceajer Chan. Photo: HKEJ

    SFC sees dozens of cases every year of suspicious price moves

    - Jun 18, 2015 10:10am
    Hong Kong’s markets watchdog has received inquiries on dozens of cases of suspicious price movements in stocks during rights issues or private placement deals in the past few years, according to the Hong Kong Economic Journal. In...
  • Andrew Swan warns of a bubble in the A-share market.  Photo: Reuters

    Buying opportunities coming in emerging markets: BlackRock

    - Jun 18, 2015 10:06am
    BlackRock is advising investors to look out for buying opportunities in the year’s second half after sell-offs in emerging markets prompted by fears of interest rate hikes by the United States. Andrew Swan, managing director and head of Asian fundamental...
  • Ashley Alder says the SFC needs to forge a closer cooperative relationship with its counterparts in mainland China with regard to market supervision and enforcement. Photo: HKEJ

    SFC deficit narrows to HK$76 mln

    - Jun 18, 2015 10:06am
    The Securities and Future Commission narrowed its deficit during the fiscal year to the end of March to HK$76 million from HK$139 million the year before, the Hong Kong Economic Journal reported Thursday. The securities watchdog held HK$7.2 billion...
  • Hong Kong authorities have for the second time failed to find a suitable blueprint from the private sector for revitalization of the historic King Yin Lei mansion. Photo: HKEJ

    Govt rejects 3 proposals for King Yin Lei mansion revitalization

    - Jun 17, 2015 3:57pm
    A government panel has rejected all three proposals received for revitalization of the historic King Yin Lei mansion in Mid-Levels as the offers were deemed “not good enough”. It marks the second time that authorities failed...
  • Yue Yi says there are many reasons the stock market rally in Hong Kong will continue. Photo: HKEJ

    New BOC HK chief hopes to boost share price

    - Jun 17, 2015 11:17am
    The newly appointed chief executive and vice chairman of BOC Hong Kong (Holdings) Ltd. (02388.HK) is hoping to boost the bank’s share price, the Hong Kong Economic Journal reported Wednesday. Yue Yi was quoted as saying that given sound economic...
  • Trade groups must review their business practices to avoid breaking the new competition law, says Stanley Wong, head of Hong Kong's Competition Commission. Photo: HKEJ

    Competition watchdog urges trade groups to study new law

    - Jun 17, 2015 11:00am
    Hong Kong’s competition watchdog has urged industry and commerce groups to pay attention to a new law which would deem some of the prevalent local business practices as unfair or illegal. Trade groups must review their business...
  • URA chairman Victor So Hing-woh (center) is flanked by executive director Pius Cheng Kai-wah (left) and chief executive Daniel Lam Chun. The urban redevelopment watchdog says projects could incur big losses unless rules are changed. Photo: HKEJ

    URA to limit redevelopments to bigger projects

    - Jun 17, 2015 10:52am
    Hong Kong’s top urban redevelopment watchdog wants to tighten regulations to deal with soaring acquisition and constructions costs. The Urban Renewal Authority (URA) is warning that unless rules are changed, redevelopment projects could incur losses of...
  • Legend Holdings chairman Liu Chuanzhi (second from left) and chief executive Zhu Linan (center) brief the media about the firm's flotation in Hong Kong. Photo: HKEJ

    Legend Holdings says it will spin off units at right time

    - Jun 16, 2015 11:11am
    Legend Holdings Corp., parent of Lenovo Group (00992.HK), said its upcoming listing in Hong Kong will make it more convenient for the firm to spin off subsidiaries in the right market at the right time. At present,...
  • Although the government has been encouraging Hongkongers to be “food wise” for years, using the cartoon character Big Waster, residents of the city still throw away hundreds of tonnes of food every day. Photo: HKEJ

    Why Hongkongers are still Big Wasters of food

    - Jun 15, 2015 5:55pm
    The government has been encouraging Hongkongers to be “food wise” for years, using the cartoon character Big Waster. But residents of the city still throw away a lot of food every day. In 2013, we sent about...
  • Allan Zeman says mainland investment will not lead to the marginalization of local content in favor of Chinese-flavored productions. Photo: HKEJ

    Mainland investors attracted by freedom in local TV industry

    - Jun 15, 2015 12:59pm
    Hong Kong’s television industry is attracting mainland investors because of its relatively high degree of freedom. Allan Zeman, an independent non-executive director of Television Broadcasts Ltd. (TVB, 00511.HK), calls these investments commercial decisions targeting opportunities from the...
  • Chris Tse, shown with Dennis Lau (right), says financial professionals with five to eight years of experience are the most sought-after. Photo: HKEJ

    HK firms paying 20% premium for top financial professionals

    - Jun 15, 2015 11:34am
    Hong Kong brokers are offering a 20 percent premium to attract financial professionals amid a business expansion driven by market-friendly policies. Professionals with five to eight years of experience are the most sought-after, according to the...
  • Hong Kong's wealth management market is poised to expand significantly in the coming years, says Amy Lo of UBS. Photo: HKEJ

    HK wealth management market seen expanding 30% in 3-5 years

    - Jun 15, 2015 10:51am
    Hong Kong’s wealth management market could expand by 30 percent in three to five years amid cross-border stock trading links and mutual recognition of funds, according to a senior UBS official. Amy Lo, head of UBS Wealth Management...
  • Stefan Selig, shown at left with his Hong Kong counterpart Gregory So, says the AIIB should foster multilateral cooperation, not competition. Photo: HKEJ

    US official warns against turning AIIB into a competitor bank

    - Jun 12, 2015 12:14pm
    A planned Asian infrastructure bank led by China should have high governance standards and should foster multilateral cooperation, not competition, according to a senior US government official. Decisions should not be dominated by any one country...
  • GEM board should ease its listing rules to lure more small enterprises and tech firms, says Hong Kong Trade Development Council chairman Vincent Lo. Photo: HKEJ

    GEM board must ease listing rules, says Vincent Lo

    - Jun 12, 2015 11:44am
    Vincent Lo Hong-shui, the newly-appointed chairman of Hong Kong Trade Development Council, has called for a relaxation of the public float threshold for firms listed on the local Growth Enterprise Market. Small and medium-sized enterprises are facing difficulties...
  • SMI Holdings plans to expand its theater number to 160 by the end of this year, says CFO Jeffrey Ng. Photo: HKEJ

    SMI aims to cooperate with Baidu, Tianan after share sale

    - Jun 12, 2015 10:37am
    SMI Holdings Group (00198.HK), which is involved in theater operations and entertainment-related business in China, aim to cooperate with Baidu Inc., Hopu Investment Management Co. and Tianan Property Insurance after selling shares to the three entities in...

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