For Hong Kong to lift its fintech game, it needs to dismantle the silos in which deposits and payments operate
In Midtown New York, the costs are $194 psf, while London's West End is $193 psf
Is India's trade with Hong Kong part of its trade with China? India and its largest trading partner, China, have different views on this, adding to the data discrepancy of about $5 billion in the merchandise trade between the two countries during 2016. Hong Kong, a former British colony, became a special administrative region of China in 1997, when Britain's 99-year lease expired. Hong Kong is governed under the principle of "one country, two systems", under which China has given the region autonomy and agreed to preserve its economic and social systems for 50 years from the date of the handover.Though Hong Kong acts as China's main transit destination, it was found that in-transit trade is leading to discrepancy in data. For, India would report the country of consignment for the import as Hong Kong, instead of China, and China would report the country of destination as India. According to China's import statistics, 25.8 per cent of India's exports in 2016 came into China via Hong ...
Hong Kong had an edge due to expectations of the opening of China's economy
Carrie Lam was sworn in as Hong Kong's first female leader
Investor David Webb issued a report titled "The Engima Network: 50 stocks not to own"
Hong Kong is world's top shark fin trader, accounting for half of global shark fin trade annually
They have quickly become the most visited malls in the world
A typical Hong Kong apartment costs 18.1 times gross annual median income
Lam was widely seen as Beijing's pick for the job throughout the race
Indians now have to complete a pre-arrival registration
This is a major set back for over half a million Indians who visit the former British colony for business, trade and holidays
Protest organisers said 11,000 refugees have applications for protection pending but have no official status and no right to work
More than 2.2 million eligible voters casted their ballots at hundreds of polling stations with a turnout rate of 58 per cent
Rolling results so far show long-established lawmakers from both the pro-democracy camp and the pro-Beijing camp have been re-elected
The election is only partially democratic and it is almost impossible for the anti-Beijing camp ever to gain a majority
Set the stage for future political fights over Beijing's control over the city
Support for the independence movement has surged since five candidates were banned from standing in the elections
Unprecedented rally saw people fill a park near the government's headquarters last night, chanting Hong Kong independence
Hundreds of thousands of passengers were affected as trains, ferries and planes were cancelled