Wednesday , September 18 2019
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Hong Kong

Victory Offices Launches its First Flexible Workspace in Hong Kong


HONG KONG, : Victory Offices Limited (“Victory Offices”) (ASX: VOL) is a flexible workspace provider listed on the Australian Stock Exchange that offers premium serviced offices, co-working and lounge spaces, virtual offices and meeting spaces. The Group has announced that it has launched its first flexible workspace outside of Australia, at a premium location on Level 76 of The Center ... Read More »

Hong Kong Customs seizes 12,000 pairs of counterfeit sport shoes


Hong Kong Customs seized about 12 000 pairs of suspected counterfeit sports shoes on Monday, with an estimated market value of about $1 million. The fake goods were discovered in a shipping container at the Customs Cargo Examination Compound of the River Trade Terminal in Tuen Mun. However, the shoes were not destined for the local market. Through a routine ... Read More »

Hong Kong Flying Fifteens Set Sail on Dublin Bay After Customs Delay


The Hong Kong Flying Fifteen team will race in the first race of the Subaru Flying Fifteen World Championships tomorrow following the release of their three boats from Customs at Dublin Port that caused them to miss this week’s pre-world championships on Dublin Bay. Last Sunday (September 1st), National Yacht Club championship organisers appealed to Minister for Transport Shane Ross ... Read More »

Yet another Hong Kong counterfeit ring sprung


Customs has smashed another Hong Kong counterfeiting syndicate, this one operating from Tung Choi Street in Mong Kok. About 2600 items of suspected counterfeit goods – including handbags, wallets and belts with an estimated market value of about HKD4.3 million (US$548,000) – were seized during the raid of a fixed hawker pitch and a storage facility. Customs had earlier received ... Read More »

Hong Kong protest organisers attacked by thugs


Two of Hong Kong’s leading protest organisers were attacked by thugs armed with a baseball bat and metal poles in separate incidents on Thursday, sharply increasing tensions in the Asian financial hub’s worst political crisis in decades. Jimmy Sham, the leader of the group behind the largest mass protests in Hong Kong, and Max Chung Kin-ping, the organiser of a ... Read More »

Hong Kong customs bans model of laser pointer after tests find device is unsafe


Hong Kong customs has banned the sale of a model of laser pointer, a handheld tool often used by demonstrators to flash at police in street protests, after tests found the device was unsafe. But the Customs and Excise Department said the move was not related to the ongoing protests, as its testing operation was launched three months before the ... Read More »

Beijing’s political reach casts shadow over Hong Kong business


HONG KONG — Jeremy Tam, a pro-democracy lawmaker in Hong Kong, quit his job at Cathay Pacific Airways after serving the company as a pilot for almost two decades. “I’ve decided to give up the job I love so the airline could be free from more vexatious attacks,” he said in a Facebook post on Tuesday. Tam’s move followed a ... Read More »

Hong Kong billionaire tycoons call for end to protests as unrest affects their profits


Hong Kong’s property tycoons are hurting, the share market is tanking and the tourism sector has taken a beating as the pro-democracy movement continues to strangle the city. While the US-China trade war has fuelled some of the losses, weeks of violent protests have wreaked havoc for investor sentiment and caused huge reputational damage for the semi-autonomous territory as an ... Read More »

China Power’s Hong Kong business on track for return to China


The High Court of Hong Kong has rubber stamped plans for solar project development company China Power Clean Energy Development Co Ltd to de-list from the island exchange and be subsumed by its Chinese state-owned parent. The move is expected to go ahead as planned on Monday with the Hong Kong shares to be removed from the exchange on Tuesday. ... Read More »

Canada raises travel warning amid escalating protests in Hong Kong


The federal government has issued a travel advisory that urges Canadians travelling to Hong Kong to exercise “a high degree of caution” because of the escalating protests in the city. The government’s website says there are “identifiable safety and security concerns or the safety and security situation could change with little notice.” Canadians are advised to “exercise a high degree ... Read More »

Swiss companies keep watchful eye on Hong Kong protests


Democracy protests in Hong Kong have disrupted flights, closed shops and have placed the global spotlight on the Chinese territory. Swiss companies are monitoring the situation, wary that the chaos could impact their bottom line. While Hong Kong’s economy has stagnated in recent months, the recent turmoil’s impact so far appears mostly sartorial. Sally Yan, a Switzerland-based Chinese executive travelled ... Read More »

Bishop tells Filipinos in Hong Kong to avoid protests


A Catholic bishop in the Philippines has warned Filipinos in Hong Kong to stay away from demonstrations as pro-democracy protesters launch a city-wide strike this week. Bishop Ruperto Santos, head of the Episcopal Commission on Migrants and Itinerant People of the Philippine bishops’ conference, said it would be in the best interests of Filipinos not to take part in any ... Read More »

Hong Kong Giant CK Hutchison Sets Up Telecom Holding Company

Signage is illuminated at night at the Cheung Kong Center building, which houses the head offices of CK Asset Holdings Ltd., in Hong Kong, China, on Monday, July 30, 2018. CK Asset is scheduled to report half-year earnings results on Aug. 2. Photographer: Paul Yeung/Bloomberg

Ports-to-telecoms conglomerate CK Hutchison Holdings Ltd. said it is moving two of its main telecom assets into a single newly formed holding company, as part of a process to lower costs and improve efficiencies. CK Hutchison, the flagship of Hong Kong billionaire Li Ka-shing, said that CK Hutchison Group Telecom Holdings (CKHT) was formed last month as part of the ... Read More »

Illegal wildlife trade still needs tougher penalties, say Hong Kong experts after rare turtle smuggling case


On March 8, a plane left Hong Kong for Japan with some tiny but precious cargo. Delicately wrapped in cotton bags and packed in specially designed wooden crates were 59 endangered Ryukyu black-breasted leaf turtles. The reptiles were heading home. Their saga came to light on October 26 last year when 60 turtles (one later died) were intercepted by customs ... Read More »

Hong Kong agitators take protest chant to arrivals at international airport


Protesters in Hong Kong have taken their cause to one of the busiest airports in the world. Demonstrators dressed in black filled the arrival hall Friday at Hong Kong International Airport, where they greeted international visitors with chants of “There are no riots, there’s only tyranny!” Hong Kong residents have been protesting for more than a month, calling for democratic ... Read More »

Monkey business at Hong Kong’s Ocean Park


Join Monkey D Luffy and his gang of Straw Hat Pirates at Ocean Park in Hong Kong. Fans of Japanese manga will be familiar with the adventure/fantasy series One Piece, which celebrates 20 years of its existence by collaborating with the theme park for the vacation season. Expect seven themed water attractions that recreate iconic scenes from the series, including ... Read More »

Apple closed its stores early in Hong Kong after violent protests erupted in the city


Apple closed its retail stores in Hong Kong early on Monday as pro-democracy protests throughout the city continued to intensify. The early closures, which were first reported by The Wall Street Journal, come after protests taking place in Hong Kong on Sunday night turned violent, with police using tear gas and rubber bullets on the hundreds of thousands of demonstrators ... Read More »

Hong Kong Customs smash two counterfeit cosmetics rings


Hong Kong Customs officers have smashed two counterfeit-cosmetics rings selling makeup and skincare products. In a five-day-long anti-counterfeiting operation last week, 12 people were arrested after seven retail stores and three warehouses were raided across the territory. Some 6400 items of suspected counterfeit cosmetics were seized with a market value estimated at HK$590,000. The raids followed routine patrols where Customs ... Read More »

Hong Kong millionaires moving cash to Singapore as political crisis lingers


Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city. While the Hong Kong government has shelved the controversial law that sparked the latest round of unrest — one that would have allowed criminal suspects to be transferred to the mainland for trial ... Read More »

Business leaders discuss future of start-ups at Hong Kong tech conference


HONG KONG,: RISE Tech Conference 2019, one of the largest technology meetings in Asia, ended here Thursday, as over 350 speakers discussed topics related to the development of innovation and technology, including the sustainability of new start-ups. Over 350 speakers from around the world, including corporate leaders, start-up founders, and investors, gathered in Hong Kong to join the four-day meeting ... Read More »