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Asia Top News and Analysis Hong Kong

  • The Sun Hung Kai Centre building in Hong Kong, China

    News that Sun Hung Kai’s billionaire co-chairmen have been charged for bribery has cast a pall over the stock and prompted a downgrade from Barclays on Monday, as investors continue to weigh the extent of the fallout from the scandal on Asia's largest developer.

  • Old Master Q At 50

    What is the secret of a cartoon character that has been around for half a century? Old Master Q turns 50 this year and continues to be a popular read among many. We meet the son of the creator and the current artist behind the famous series, Caricaturist, Joseph Wong.

  • fx_fix_1_200.jpg

    Fed meeting minutes are looming and Spain has a new austerity plan — it's time for your FX Fix.

  • When Asia Meets Wall Street

    The financial centres of New York and Hong Kong as well as China's growing wealth are just some of themes covered in Hong Kong's first independant movie, Supercapitalist. Producer, Writer and lead actor Derek Ting discusses how the movie came about and the challenges he faced in putting it together.

  • Shark finning: one of the world's most destructive fisheries. Shark fins are removed whilst the remainder of the carcass is discarded at sea, Baja California, Mexico.

    China said Tuesday that it would prohibit official banquets from serving shark fin soup, an expensive and popular delicacy blamed for a sharp decline in global shark populations. The NYT reports.

  • hong_kong_1_200.jpg

    When Hong Kong returned to Chinese rule on July 1, 1997, there was no shortage of doomsayers who forecast that the former British colony would be stifled by rule from the mainland and that it would be reduced to ‘just another Chinese city.’

  • Housing Is Leung's Biggest Priority

    Kong Wah Lau, Vice-chairman, Democratic Alliance for the Betterment and Progress of Hong Kong says that the top priority of the newly elected Chief Executive C.Y. Leung is to address the affordability of public housing.

  • hong_kong_1_200.jpg

    Hong Kong prepares to celebrate the 15th anniversary of its handover to China from British rule.

  • fx_fix_1_200.jpg

    The euro steadies ahead of the summit and the British go shopping - it's time for your FX Fix.

  • 30 Mar 2012: Swire Properties Ltd.'s Opus Hong Kong, designed by architect Frank Gehry, stands on Stubbs Road in Hong Kong, China, on Friday, March 30, 2012. Swire Properties has completed Gehry's first residential project in Asia, Opus Hong Kong.

    Hong Kong has unseated London as the world’s most expensive place to take up office space, highlighting the growing appetite from banks to increase their presence in Asia, the FT reports.

  • Hong Kong skyline

    U.S., European and Japanese companies have been building up blue-collar and back-office operations and representative offices in places like mainland China, Hong Kong and Singapore, reports the New York Times.

  • Hong Kong skyline

    The wealth gap is widening in Hong Kong, according to new data from the city's Census and Statistics Department as the population ages rapidly and industries decline.

  • Petronas Towers and Masjid Al-syakirin mosque in Malaysia

    Malaysia is set to vault ahead of Hong Kong as Asia’s largest market for international initial public offerings with the planned flotation of shares in two massive government-linked companies defying a gloomy global listings environment. The FT reports.

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    Hong Kong’s banking regulator has bowed to private banking industry demands to cut red tape in a bid to help the Chinese territory compete better with Singapore. The FT reports.

  • Hong Kong Dollar bills featuring an image of the Bank of China Building. There are growing calls for an end to the peg with the U.S. dollar.

    The suggestion overnight by the former head of Hong Kong's central bank that the city state should review its peg to the U.S. dollar and instead think of linking it to the yuan, has not been applauded in the city's financial circles.

  • Hong Kong skyline

    Hong Kong’s property market is set to stabilize following a volatile 2011, with home prices projected to rise 10 percent this year, a moderate increase compared to the huge gains seen in 2009 and 2010, industry watchers tell CNBC.

  • Hong Kong skyline

    Recently the government announced it was raising rents on public housing around 10 percent, but giving a free month to offset that.

  • Falling stock market turnover in Hong Kong and Singapore is increasing pressure on medium and small-sized brokerage firms, hurting their commissions and forcing some to cut jobs.

  • Richard Li, chairman of PCCW has emerged as a surprise bidder for ING's Asian assets.

    Richard Li has lodged an indicative bid for the south-east Asian businesses of ING’s $6bn Asian insurance operations, which the Dutch financial group is selling after taking government bailout cash during the financial crisis. The FT reports.

  • The Sun Hung Kai Centre building in Hong Kong, China

    While the corruption case against the joint chairmen of Asia’s biggest developer Hong Kong’s Sun Hung Kai Properties will lead to share price volatility over the next 12 months, analysts say the company remains a buy based on its high-quality asset base and solid income stream.