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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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  • By Zhuang Qiange And Jiang Xueqing(chinadaily.com.cn)2017-10-09 16:56

    A pedestrian walks past a sign for the Hong Kong and Shanghai Banking Corporation bank in Hong Kong. [Photo/Agencies]Growing numbers of financial players are joining in the race to equip financial products with advanced technologies such as facial recognition.HSBC Holdings PLC, a British multination...

  • By Meng Fanbin(China Daily)2017-10-09 08:25

    Wu Xiaobin, president of Pfizer Greater China, always has ambitious goals not only for himself but for the company he leads."When I was a sales representative in Bayer, my dream was to see the opening-up of the Chinese market. Now, Pfizer China's dream is to raise the health condition of all the Chi...

  • 2017-10-09 08:07

    John Pearce has returned to Sydney from a week in Hong Kong beaming, with one clear message of where to invest his next dollar: the Chinese mainland.The chief investment officer who is in charge of A$60 billion ($48 billion) at Australian pension fund UniSuper Management Pty expects returns in Asian...

  • (China Daily)2017-10-09 06:58

    HONG KONG - John Pearce has returned to Sydney from a week in Hong Kong beaming, with one clear message of where to invest his next dollar: the Chinese mainland. The chief investment officer who is in charge of A$60 billion ($48 billion) at Australian pension fund UniSuper Management Pty expects ret...

  • By Evelyn Yu In Hong Kong(China Daily)2017-10-06 08:16

    Mainland shopping malls are shrugging off the impact of e-commerce and recovering strongly on the back of healthy retail sales, DBS says. Shopping malls hit headwinds in 2014 and 2015 as brick-and-mortar stores took a hit from the e-commerce boom and luxury-item sales declined. Figures from DBS Vick...

  • (China Daily)2017-10-06 08:07

    When the market is good, every media boss in Hong Kong is thinking of expanding financial coverage. It's really the cheapest and least demanding thing to do for a television station or a newspaper. And so, every morning, most of the television channels have similar programs that are supposed to tell...

  • By Qiu Quanlin In Guangzhou(China Daily)2017-10-05 07:41

    Chimelong Group, one of the leading leisure tourism and hotel services operators based in Guangdong, will expand its business by building more facilities in the province, according to a senior executive. "We will upgrade our facilities in Guangdong as more visitors are expected to take leisure tours...

  • By Honey Tsang In Hong Kong(China Daily)2017-10-04 07:50

    China will boost efforts to develop a low-carbon economy to deal with climate change and promote its green vision for the Belt and Road Initiative, said Xie Zhenhua, this year's Lui Che Woo Prize winner. Xie, China's special representative on climate change, said the country will also strive to achi...

  • By Zhou Wenting In Shanghai(China Daily)2017-10-03 07:48

    Caring for mothers and newborn babies in foreign countries offers some women rare chance to travel Men Anping, a Beijing-based domestic maternity nurse who cares for mothers and newborn babies, has just agreed another job offer to go to Australia for two months. In May, she stayed in Sydney for a mo...

  • By Peter Mann(China Daily)2017-10-03 07:43

    On Sept 26, World Dog Alliance hosted a "926" Dog Lovers' Day - 926 in Cantonese sounds like "dogs are easily happy". WDA is a local organization which campaigns against dog abuse and promotes legislation to ban the eating of dog meat. It is estimated that 30 million dogs are slaughtered every year ...

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