By Summer Zhen HONG KONG (Reuters) -Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn investment conference in Hong Kong. This year’s picks are geographically more diverse compared … Source link
Chinese shares traded in Hong Kong fell on Monday, as heightened US-China trade tensions jolted market sentiment. The Hang Seng China Enterprises Index dropped as much as 2%, after a gauge of Chinese stocks traded in the US fell 2.7% on Friday. The onshore market is closed for holiday on Monday. Source link
Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios…
Hong Kong police received more than 440,000 pieces of intelligence on cyberthreats targeting the city last year, while 5 per cent of publicly accessible technology assets owned by critical infrastructure operators were vulnerable to online attacks, a first-of-its kind review has found. In a report released on Monday, police said they assessed 90,000 pieces of…
Elderly Hongkongers are expected to spend 5 per cent more annually over the next three years under wide-ranging “silver economy” measures to spur consumption, a senior official has said when asked about a lack of targets for the policy. Deputy Chief Secretary Warner Cheuk Wing-hing, who is leading a new task force dedicated to tapping…
In a makeshift hospital ward in Rafah, Gaza, reserved for the most severely wounded and dying patients, Hong Kong nurse Walter Leung Wai-yin, 66, walked up to a woman who had lost part of her face in an explosion. The woman was classified as a “blue case”, indicating catastrophic injuries and considered beyond saving. Medical…
Hong Kong is seeking to entice mainland Chinese visitors with concert and hotel packages, the tourism minister has said, amid concerns about tourists not staying longer and overcrowded border facilities. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Saturday that authorities would do more to encourage visitors to stay overnight or for…
Hong Kong’s commercial market declines have left some of the city’s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where “Cassette King” David Chan Ping-chi and his family had lived since the 1980s, marketing…
Hong Kong’s food safety watchdog has told businesses to temporarily remove a cola-flavoured Haribo product from their shelves as a precautionary measure, following the discovery of cannabis in a batch of the popular sweets in the Netherlands and an import suspension by Taiwan. In a reply to the Post, a government spokesman said on Sunday…
The Hong Kong branch of a Singapore-based private club that closed after just seven months in operation has been accused of owing rent and wages of more than 100 employees, with the Labour Department receiving requests for help from affected workers. 1880 Hong Kong, located at Swire Properties’ Two Taikoo Place office complex in Quarry…