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Citic to Expand HK Presence With Asset Injection

28-Mar-2014 Intellasia | Bloomberg | 6:00 AM

Citic Group Corp., the state-owned company that describes itself as a pilot of China’s economic reform, plans to make billions of dollars of its assets part of a Hong [...]
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HK passes Islamic bond bill, paves way for $500 million sukuk

28-Mar-2014 Intellasia | Businesstimes | 6:00 AM

Hong Kong lawmakers passed a bill on Wednesday that will allow the AAA-rated government to raise around $500 million via sukuk, or Islamic bonds. A debut sukuk from Hong Kong [...]
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Can HK save its neon signs? One museum hopes so

28-Mar-2014 Intellasia | CNN | 6:00 AM

Hong Kong’s narrow streets were once a dazzling gallery of neon, where banks and even bordellos plied their trade under sizzling tubular signs. But while the [...]
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Two workers killed after 56-storey plunge in HK

Two workers killed after 56-storey plunge in HK

27-Mar-2014 Intellasia | AFP | 6:00 AM

Two construction workers in Hong Kong plunged 56 storeys to their deaths Tuesday, fire authorities said, after the scaffolding they stood upon snapped in two. The accident [...]
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HK banks have loaned 165pct of the territory’s GDP to China

27-Mar-2014 Intellasia | Qz | 6:00 AM

A few years ago, Hong Kong banks had issued almost no loans to mainland China. Now that number is at $430 billion, according to the Bank for International Settlement. The [...]
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UBS Banker Returns to Work in HK

27-Mar-2014 Intellasia | WSJ | 6:00 AM

A top IPO banker at UBS AG UBSN.VX +0.67 percent has been reinstated after being suspended amid an internal probe into the hiring of an employee linked to a Chinese company [...]
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Cathay Pacific digs in against Jetstar HK

27-Mar-2014 Intellasia | Business | 6:00 AM

Cathay Pacific has signalled it will vigorously oppose Jetstar Hong Kong’s bid to launch services even if the budget airline gained another local investor because it [...]
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China’s Gold Imports From HK Increase on Import Quotas

27-Mar-2014 Intellasia | Bloomberg | 6:00 AM

China’s gold imports from Hong Kong rose in February amid increasing demand and as the country allowed more banks to import the precious metal. Net imports totalled [...]
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Malaysia Airlines jet in emergency landing in HK

26-Mar-2014 Intellasia | AP | 6:00 AM

A Malaysia Airlines flight from Kuala Lumpur to Seoul has made an emergency landing in Hong Kong after a generator failed. Hong Kong’s airport says firefighters were [...]
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HK fails to protect human trafficking victims

26-Mar-2014 Intellasia | AFP | 6:00 AM

Hong Kong is failing to protect victims of human trafficking for forced labour, a report said Monday, calling for new legislation to prevent “modern-day slavery” [...]
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HK stocks end 1.91pct higher

26-Mar-2014 Intellasia | AFP | 6:00 AM

Shares in Hong Kong and China rose on Monday, extending gains seen at the end of last week, as investors brushed off another set of data showing Chinese manufacturing [...]
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HK’s soaring bank exposure to China sparks credit concerns

26-Mar-2014 Intellasia | Reuters | 6:00 AM

In just a few years, Hong Kong banks have ramped up lending to China from near zero to $430 billion, fuelling concerns about their credit exposure to the mainland at a time [...]
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Alibaba Loss Seen as Price Worth Paying for HK Investors

26-Mar-2014 Intellasia | Bloomberg | 6:00 AM

In Hong Kong, where billionaire families dominate the economy, listing standards that prevent company insiders from hoarding control strike Pauline Dan as protections worth [...]
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Taking yoga to the corporate ‘suits’ in HK

26-Mar-2014 Intellasia | CNN | 6:00 AM

Like other major financial centers such as London, Shanghai or New York, Hong Kong is home to legions of suited workers toiling long hours in vast, glass towers at breakneck [...]
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China shares up on hopes for relaxed investment rules, HK slips

26-Mar-2014 Intellasia | Reuters | 6:00 AM

China stocks rose on Tuesday morning, largely due to strong gains by companies linked to Shanghai’s free trade zone after media reports indicated restrictions on [...]
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