Hong Kong’s Financial Reporting Council (FRC) is mulling over an overhaul to make local auditors shift from a self-regulatory to an independent regulatory regime. That would put Hong Kong on par with ...More
EJ Insight2018-03-22
... atory scrutiny. Facebook saw its shares plummet as much as 6.8 percent on Monday, the biggest slide in four years. More than US$36 billion was wiped out from the Internet giant's market value. Wylie d ...More
EJ Insight2018-03-21
... its operating company getting valued at as much as US$30 billion. Jinri Toutiao was founded by Zhang Yiming in 2012. The app, whose name translates as “today's headlines,” doesn’t have its own staff ...More
EJ Insight2018-03-21
... rom the Rating and Valuation Department shows that 3.8 percent of the city’s total number of flats are vacant by the end of 2016, compared with the peak of 5.9 percent in 2006. This suggests that the ...More
EJ Insight2018-03-19
A family dispute in Sha Tin, where three responding officers were shot by a man using a service revolver he grabbed from one of them, raised concerns about the adequacy of training for frontline staff ...More
EJ Insight2018-03-16
... ed at boosting the regulators' capability to enforce financial deleveraging and risk control. The CBRC also issued a document reducing the provision coverage ratios to as low as 120 percent for banks ...More
EJ Insight2018-03-15
... anghai listing. From application to approval, it only took the company 36 days, setting a new record. Most other applicants need to wait three to four years. The approval process has actually slowed d ...More
EJ Insight2018-03-14
A major fire broke out at a wetland area in the New Territories on Monday, prompting worries about potential damage to the eco-system in the vicinity. At around 3 pm, a blaze took place at Nam Sang Wa ...More
EJ Insight2018-03-13
... ed at Sha Tin Station, all of the passengers aboard were asked to disembark and take the next train, and the train with graffiti was moved to a spare platform at the Mong Kok East station before it wa ...More
EJ Insight2018-03-13
... nt in Lam Tin. As Man was driving the route number 681 bus that was heading to Hong Kong station in Central from Ma On Shan town center, the vehicle rammed into a concrete barrier on Lei Yue Mun Road ...More
EJ Insight2018-03-13
... ck, suggesting hackers may have shorted bitcoin futures in anticipation of the panic the hacking would bring. It’s estimated that Binance has lost around 10,000 bitcoins, equivalent to US$120 million ...More
EJ Insight2018-03-12
... s, has continued to fall back. That shows the city still has ample liquidity. Still, we must bear in mind that the Fed has introduced five rate hikes since late 2015, and the Fed fund rate has risen t ...More
EJ Insight2018-03-12
... s are shifting the focus from GDP growth rate to growth quality, of which jobless rate is an important indicator. Getting a full picture of the job market will enable local governments, corporates and ...More
EJ Insight2018-03-08
... o the Sha Tin Police Station on March 5, claiming to have lost HK$600 to the scam. The three police stations are still investigating the case. No one has been arrested yet. Police urged the public to ...More
EJ Insight2018-03-08
... ip, ratcheting up pressure on the other party to get what he wants. I think this trade war tactic is part of his efforts to get re-elected in 2020. Trump has just reappointed Brad Parscale to manage h ...More
EJ Insight2018-03-08
... red to continue hiking, they called the police for assistance. Police officers and firemen later arrived at the scene, took the couple downhill, and launched a hunt together with personnel from the Ag ...More
EJ Insight2018-03-07
... ns and listing their shares in US or Hong Kong. To list in China, these firms have to dismantle the VIE structure, which would be extremely difficult. Also, some internet firms have dual-class share s ...More
EJ Insight2018-03-07
Residents of a housing estate in Sha Tin are far from amused by the antics of wild monkeys in their neighborhood, and hope the government can find more effective ways to tackle the nuisance caused by ...More
EJ Insight2018-03-06
... US, accounting for just 2 percent of total US imports last year. China exported a total of 26.9 million metric tons of steel to US market during the first three quarters of last year, according to US ...More
EJ Insight2018-03-06
... at protecting US domestic manufacturers, and is considered the first action under Trump’s “America First” doctrine. China bears the brunt of the tariffs as the world’s largest producer of washing mac ...More
EJ Insight2018-03-05
