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Hong Kong plunges 15 places in global ranking of livable cities

... elligence Unit (EIU). However, Hong Kong remains in the top tier with a score of 88.8, with its residents enjoying freedom in most aspects of their life. It's ranked three places higher than Singapore ...More

EJ Insight2015-08-19

Hongkongers must wake up to new yuan reality

... e Chinese unit has lost its earlier safe-haven status.    For investors, the formula that previously gave them super returns on the yuan is no longer working amid China's new normal. On the bright sid ...More

EJ Insight2015-08-14

Honda Civic turns over after crashing into police van in Sha Tin

... Emergency Unit of the Hong Kong Island Command who were on their way to Fanling for training. The officers got off and helped the driver crawl out of the car. The road accident became the topic of he ...More

EJ Insight2015-08-14

Consumer Council finds 7 drugstores guilty of malpractices

... change of unit of sale from “catty” to “ounce” or “tsin” in purchase of dried seafood or Chinese herbal medicine. Also, shopkeepers would appear friendly while making their sales pitches, but would tu ...More

EJ Insight2015-08-13

Jack Ma buys most expensive home in HK from the Yuens

... ce of his United States-listed e-commerce flagship hitting a record low, reducing his net worth by over US$752 million, Ma wasn't deterred from buying the most expensive home in Hong Kong. He paid abo ...More

EJ Insight2015-08-13

Lenovo to cut jobs as PC market continues to contract

... 86 server unit—even as the global PC market continues to contract and China’s smartphone market grows saturated, the newspaper said. The company reported a net profit of US$105 million for its fiscal ...More

EJ Insight2015-08-13

Cash is what Cally got from Double Cove

... ice for a unit at phase one of the Wu Kai Sha project in Ma On Shan. Kwong, who was runner-up in the 1982 Miss Hong Kong beauty pageant, bought the unit from Lam for HK$11 million when Double Cove was ...More

EJ Insight2015-08-12

HK exporters in China welcome RMB devaluation

... bi if the unit keeps depreciating, the analysts pointed out. Also, the last thing China wants to see is a massive, sudden capital outflow triggered by depreciation fear. -- Contact us at english@hkej. ...More

EJ Insight2015-08-12

How the HK govt is solving the tong fong problem – on paper

Subdivided flats, or tong fong (劏房) in local parlance, are a disgrace to Hong Kong. We call our city a global metropolis, and yet we allow those cramped and dilapidated units to be used as living quar ...More

EJ Insight2015-08-12

Alibaba pumps US$200 mln into student micro loan startup

... e payment unit and its Sesame credit-scoring service plan to work with Qufenqi in growing the business, according to the Wall Street Journal. Ant Financial declined to say how much the company investe ...More

EJ Insight2015-08-12

Capital One bags GE healthcare lender in US$9 bln deal

Capital One Financial Corp. is buying the healthcare finance unit of General Electric Co. for about US$9 billion. The deal includes US$8.5 billion of healthcare-related loans, according to Bloomberg. ...More

EJ Insight2015-08-12

Fosun chairman accused of exchanging favors

... ked for a unit of a local supermarket chain from 2001 to 2006. Of that sum, Wang took 1.2 million yuan for himself, the report said, without saying what happened to the rest of the money. According to ...More

EJ Insight2015-08-12

Google morphs into Alphabet, investors cheer clarity

... he Google unit will encompass the core search engine as well Google Maps and YouTube. In addition to Google X, which developed the unpopular Google Glass, the company's new ventures such as Calico, wh ...More

EJ Insight2015-08-11

When can we end the scandal of subdivided flats?

... o or more units. This year, in the Thematic Household Survey Report published by the Census and Statistics Department (CSD), the government states there are 86,400 residential units in subdivided flat ...More

EJ Insight2015-08-11

Shipping giant OOIL sees better industry prospects next year

... quivalent units (TEU) of capacity will be delivered this year, sending the total capacity in the industry up by 6 percent, the Hong Kong Economic Journal quoted Tung as saying. OOIL's fleet, meanwhile ...More

EJ Insight2015-08-11

Alibaba to take 20% stake in Suning for 28.3 bln yuan

... logistics unit owns 4.52 million square meters of warehouses, four air cargo hubs, 12 automated sorting centers, 660 city delivery centers and more than 10,000 express stations. "This collaboration si ...More

EJ Insight2015-08-10

Why a HK$41 mln duplex may be the last good news for developers

...  a duplex unit in its Century Gateway development in Tuen Mun was sold for a record HK$41.37 million (US$5.34 million) two days after it won a Yuen Long site for a chart-busting HK$9.32 billion. At mo ...More

EJ Insight2015-08-10

759 chain store operator launches online platform

CEC International Holdings Ltd. (00759.HK) has launched an online shopping portal, setting itself up against HKTV Mall, the internet retail unit of Hong Kong Television Network Ltd. (01137.HK). The ne ...More

EJ Insight2015-08-10

HKU professor 'scared to death' by germ counts at laundry

... y-forming unit) per 100 square centimeters in linen processed at the laundry was found. That is up to 76 times a US hygiene standard for hospital textiles of 20 cfu per 100 sq cm. A subsequent test to ...More

EJ Insight2015-08-07

Here's why global banks are shifting their focus to core regions

... ts Brazil unit and redeploy half of its resources to Asia and other high-growth regions. That shows its global expansion is merely a fantasy. Asia, in particular Hong Kong, is the best place to be aft ...More

EJ Insight2015-08-06

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