Category: Local News

BNP Fined .4 Million in Hong Kong for Unreported Cross Trades BNP Paribas SA was reprimanded and fined HK$ 11 million ($ 1.4 million) by Hong Kong's securities regulator for failing to report more than HK$ 6 billion of cross trades over a 10-year period. BNP Paribas Securities (Asia) Ltd. failed to report 4,443 ……

Hong Kong's Golden Emperor opens first retail shop focusing on Thai property The company was formed last year by Chan, who had been helping friends and investors to invest in overseas properties for five to six years, and Kingston Li, a former executive director at Morgan Stanley Hong Kong. The new shop, in Sheung Wan,…

Hong Kong fashion manufacturer Ports Design sells stake in fashion and … The net asset value of Ports Hong Kong by the end of last year was about 2.08 billion yuan. After the payment of the cash dividend in the amount of 1.5 billion yuan and the deduction of minority interest, the net asset value…

Cyclist, 31, killed in collision with truck as 25 injured in Hong Kong rush … A cyclist died and 25 people were injured in two separate traffic accidents during the morning rush hour in Hong Kong today. A bicycle and a crane truck collided at the junction of Kin Fat Street and Ho Tin Street…

Mers case brings back memories of Hong Kong's Sars outbreak As Hong Kong goes on the alert after China's first case of Middle East respiratory syndrome (Mers) was confirmed in a South Korean man who passed through Hong Kong before going to the mainland, the 44-year-old art director, who wanted to remain … Full News here…

More than 7000 officers with anti-riot gear mobilised ahead of Legco vote Hong Kong police were widely criticised for firing 87 rounds of tear gas in an unsuccessful attempt to dispel pro-democracy protesters at the start of last year's Occupy civil disobedience movement. This year's deployment is similar in scale to that … Full News…

Mainlanders accused of throwing themselves (and chickens) under Hong Kong … Hong Kong tour companies have been urged to be on their guard against racketeers who might pretend to throw themselves under their tour buses in mainland China. According to an Apple Daily report, the same Hong Thai Travel tour bus was targeted three … Full…

Eviction looms again for International Montessori School But the 13-year-old school's lease is due to end in July next year and the landlord, the Hong Kong Construction Association, has made it clear it expects the 350-pupil school to move out. The school has unsuccessfully applied for two government sites … Full News here – Read…

Hong Kong's new electronic prescription system prevents medication errors A new high-technology medication prescription system eliminates the need for pieces of paper with illegible handwriting, resulting in a more efficient and safer drug-distribution procedure. The system is in limited use so far, but the Hospital … Full News here – Read more on South China…

Corporate insolvency in mainland, Hong Kong seen rising this year Hong Kong, in the midst of rocketing property prices and a slackening retail sector, has had its own share of woes. Last year, the city recorded 9,945 cases of bankruptcy and compulsory winding-up, the highest since 2010, when the economy was … Full News here…