Latest Hong Kong News
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Cathay Pacific adds fifth daily Hong Kong-London flight
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Hong Kong Stock Exchange Recognises Labuan Registered Companies
Hong Kong bound potential issuers may list a Labuan company KUALA LUMPUR, Malaysia, May 23, 2013 /PRNewswire/ -- Asia's second largest stock exchange, the Hong Kong Stock Exchange (HKEx) now recognises Labuan ...
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Hang Seng slides by break
(8 mins ago) Hong Kong stocks were down 1.64 percent by the break on Thursday after Wall street fell on signs the US Federal Reserve could soon start tapering off its massive stimulus measures. The benchmark Hang Seng Index fell 381.34 points to 22,879.74 on turnover of HK$37.42 billion, AFP ...
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Hong Kong Bans Poultry Imports From Catalonia Spain
has banned the import of poultry and poultry products , including eggs, from the province of Catalonia, Spain, in view of the World Organization for Animal Health's notification regarding an outbreak of low-pathogenic H7N1 avian influenza on a poultry farm in the province.A CFS spokesman said about 4,600 metric tons of frozen poultry meat were imported into Hong Kong from Spain last ...
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Gold price opens lower in Hong Kong
/enpproperty--> HONG KONG - The gold price in Hong Kong went down HK$180 to open at HK$12,720 per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to $1,375.96 a troy ounce, down $19.47 at the latest exchange rate of $1 against ...
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Morning storm wreaks havoc in Hong Kong
More than 18,000 lightning strikes were reported over Hong Kong and as much as 200mm of rain swamped parts of the city, as the government raised its first black ...
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Hong Kong Stocks Decline Most in 7 Weeks on China Data
stocks fell, with the benchmark index headed for its biggest drop in almost seven weeks, as a preliminary survey showed China's manufacturing unexpectedly contracting. Concern that the Federal Reserve will scale back stimulus also dragged shares ...
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Hong Kong stocks fall with banks property lower Hang Seng Index down 0.9
LOS ANGELES (MarketWatch) -- China's manufacturing activity was contracting in May, according to preliminary data released Thursday, as HSBC's "flash" Purchasing Managers' Index fell to a seven-month low of 49.6 from April's final reading of 50.4. A result below ...
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Hong Kong shares extend losses after China flash PMI falls
HONG KONG | Wed May 22, 2013 10:21pm EDT HONG KONG May 23 (Reuters) - Hong Kong shares sank deeper into the red on Thursday and looked set for a third-straight loss after a preliminary private survey of May manufacturing activity in China came in at a seven-month low. Financial, materials and energy counters led the slide after China's HSBC flash purchasing managers' index (PMI) ...
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Galaxy Securities debuts in Hong Kong
Hong Kong on Wednesday after having to cancel its launch ceremony due to storms. The stock rose on its first day of trading. The firm's chairman Chen You'an is upbeat about growth ahead. For Galaxy Securities, Wednesday's storm in Hong Kong was like a parable of Chinese brokerages' ...
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Art Basel in Hong Kong to kick off
A visitor walks past an exhibit during the exhibition Art Basel in Hong Kong, in south China's Hong Kong, May 22, 2013. Art Basel in Hong Kong, the latest leg of the international circuit, will kick off here on Thursday. [Xinhua/Lui Siu ...
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Hang Seng Shanghai open lower
(14 mins ago) Stocks in Hong Kong opened 0.81 percent lower, reflecting falls on Wall Street after the US Federal Reserve hinted it could soon start to ease its policy of aggressive stimulus measures. The benchmark Hang Seng Index fell 189.05 points to 23,072.03 in the first minutes of trade. Stocks in Shanghai were down 0.44 percent in early trade ahead of the release of HSBC's ...
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Hong Kong stocks drop before China factory data
HONG KONG (MarketWatch) -- Hong Kong stocks dropped early Thursday as concerns that the Federal Reserve was considering winding down its bond purchases weighed on sentiment, with investors also cautious ahead of a preliminary reading on Chinese manufacturing activity in May. The Hang Seng ...
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Sean Kelly announces acquisition of work by Tehching Hsieh by the West Kowloon Cultural District Authority
Tehching Hsieh, One Year Performance 1978-1979 Sept 30, 1978 – Sept 29, 1979 Life image. Photograph by Cheng Wei ...
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A Mighty Duck Returns to Hong Kong Harbor
Hong Kong’s scenic Victoria Harbour has long been celebrated for its breathtaking views, and the recent addition of a 54-foot-tall rubber duck floating in its waters attracted thousands of visitors and sent sales of the signature bath toy surging. But onlookers were disappointed last week when the giant art installation hastily deflated and looked like ...
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Chinas Lenovo buys and diversifies to outshine PC rivals
By Lee Chyen Yee and Umesh DesaiHONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.Lenovo, a sliver away from unseating Hewlett-Packard Co as the world's top PC maker by shipments, is expected on ...
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New Hong Kong Billionaire Horst Pudwill Emerges As U.S. Housing Recovery Boosts Power Equipment Exports
Horst Julius Pudwill, chairman of Techtronic Industries, is a new Forbes billionaire with a networth of $1 billion. (Image credit: Techtronic Industries)) Horst Julius Pudwill, chairman of Hong Kong-based Techtronic Industries, has emerged as a new billionaire as shares of the power equipment supplier surged by more than 100% in the past year. With the bulk of its manufacturing facilities in ...
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Kowloon East is rising
The limited buying options of office space in the core areas of Central, Wan Chai, Causeway Bay and Island East, as well as high rents, have encouraged more long-term investors and end-users to consider decentralized areas such as Kowloon East. The emergence of Kowloon East as central business district 2 will be facilitated by the upcoming sizable supply there, coupled with infrastructure ...
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Hong Kong Down on shortened trade
STOCKS closed down 0.45 per cent yesterday despite a strong lead from Wall Street, as dealers waited for testimony from Federal Reserve chairman Ben Bernanke on the US economic outlook. The benchmark Hang Seng Index lost 105.29 points to 23,261 on turnover of HK$52.41 billion after the morning session was cancelled because of a heavy rainfall warning. In the city's second biggest initial ...
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Shares of China Galaxy Securities Rise 6 on Debut
China Galaxy Securities Co. (6881) , a brokerage controlled by the country's sovereign wealth fund, jumped 6 percent at its Hong Kong trading debut today. Trading was postponed to 1 p.m. after the Hong Kong government issued a "black" rainstorm warning, prompting the stock exchange to cancel its morning session. The shares closed at HK$5.62, up from the issue price of ...
Hong Kong Feature
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Electoral reform hot topic for Hong Kong
Hong Kong is going through more growing pains, perhaps even the most uncomfortable since the city was handed back to Beijing by Britain. Pro-democracy advocates want to be able to vote for the entire legislative council, a direct challenge to Beijing.
Hong Kong was handed back to China in 1997. At that time, Beijing made an agreement with Britain that under a law called the Basic Law, all the civil liberties which were existent in Hong Kong at the time of the hand over would remain in place for at least 50 years, by which time it is envisioned, by the pro-democracy camp at any rate, that the Special Administrative Region will be fully democratic at any rate. Read more
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