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Hong Kong is poised to be the leading offshore yuan financial center even if yuan currency becomes fully convertible which may threaten the city's financial position. Meanwhile, HK's dim sum bond market infrastructure building is making more progress as mainland credit rating agencies may start yuan bond ratings in city. The Hang Seng Index, starting on Nov 24, 1969, is a capitalization-weighted stock market index in the Hong Kong Stock Exchange, served as the main indicator of the overall market performance in Hong Kong.
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  • (Xinhua)2017-06-24 11:10

    BEIJING - Chinese couriers' global networks are growing, helping overseas buyers receive products from China faster. SF Express recently announced it was teaming up with UPS. Each firm has committed to investing $5 million in the joint venture. Lin Zheying, SF Holding vice president, said the com...

  • By Duan Ting In Hong Kong(China Daily)2017-06-24 08:34

    Two moviegoers check their mobile phones at a Wanda cinema in Zhengzhou, capital of Henan province. [Photo provided to CHINA DAILY]Shares recover a bit from Thursday's fall; group to sue rumormongersShares in Wanda Film Holding, which crashed almost 10 percent on Thursday, recovered 3.6 percent to c...

  • (China Daily)2017-06-24 07:44

    Visit for breaking news and exclusive content China: A piece of Hong Kong's street spirit Hong Kong's second oldest road, Hollywood Road, was built in 1844 - long before the more famous Hollywood in California got its name. The road, linking Sheung Wan with Central, used to be a place where Chinese ...

  • (China Daily)2017-06-24 07:12

    Shows Aida Opera by Giuseppe Verdi 2017 Date: Sept 8-10 - 8 pm Venue: Guangzhou Opera House Price: 280-2,280 yuan Aida is an opera in four acts by Giuseppe Verdi to an Italian libretto by Antonio Ghislanzoni. Set in Egypt, it was commissioned by and first performed at Cairo's Khedivial Opera House o...

  • By Ma Zhiping(China Daily)2017-06-23 09:35

    Strong natural and competitive advantages offer rich business opportunities, Ma Zhiping reports. Hainan province aims to attract more quality investors from home and abroad to further power its healthy and sustainable economic and social development, according to local officials. A total of 374 proj...

  • By Zhuan Ti(China Daily)2017-06-23 09:35

    As a pivotal point on the 21st Century Maritime Silk Road, Hainan province is working out a whole new set of plans to enhance its integrated transportation network and to boost exchanges with the outside world against the backdrop of the Belt and Road Initiative. Last year, Hainan opened or resumed ...

  • By Zhuan Ti(China Daily)2017-06-23 09:35

    The tropical landscape, flourishing mangroves and delicious local food in Sanya, at the southern tip of the island province of Hainan, left sweet memories to George Liu and his family from Hong Kong during a recent cruise tour. "We enjoyed the stay in Sanya and may invite our friends to visit the be...

  • (China Daily)2017-06-23 06:12

    Prior to 1997, the central government was concerned about the attitudes of the sizeable expatriate community in Hong Kong toward the handover and seemed anxious that these could be negative. I had a private meeting in Beijing with Madam Zhu Lin, wife of then-premier Li Peng - the meeting was about t...

  • (China Daily)2017-06-23 06:12

    Members of the next-term Executive Council met the public via the media for very first time on Thursday. The 32-member ExCo has six new faces and is expected to play its advisory role wisely and diligently to help the Chief Executive reach educated decisions on policymaking in a timely fashion. Ther...

  • (China Daily)2017-06-23 06:11

    US online shopping behemoth Amazon made headlines when it made a big push into the grocery business by acquiring Whole Foods Market - an upmarket operator with more than 400 stores across the United States - for $13.7 billion. The transaction, if it goes through, could transform the US grocery indus...

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