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Don’t waste your life for a 500 sq ft home

... . “In the United States, everybody has a dream," he said. "Their dream is to innovate and set up companies like Apple and Facebook; but in Hong Kong, the collective dream is to buy flats." Property ti ...More

EJ Insight2015-05-19

Taikoo Shing penthouse sets new sales record

A penthouse in Hong Kong's Taikoo Shing has been sold for HK$26.8 million, or HK$22,700 per square foot, setting a new transaction record for the residential estate in the Quarry Bay area. The unit at ...More

EJ Insight2015-05-18

China: Fox Hunt brought back 150 graft suspects this year

... stigation unit of the Ministry of Public Security, said a total of 100,000 economic crime cases involving nearly 192 billion yuan (US$30.96 billion) had been tackled, mainly involving the illegal fund ...More

EJ Insight2015-05-15

Govt urged to balance interests of power suppliers, users

... iday. The unit cost that HK Electric Investments Ltd. (02638.HK) charges users in the city is way below those of its counterparts in Singapore, London and Sydney, chairman Canning Fok Kin-ning said. T ...More

EJ Insight2015-05-15

StanChart mulls options for HK pensions business

...  equities unit and announced a further 2000 job cuts in its retail business. – Contact us at [email protected] FL/RC ...More

EJ Insight2015-05-15

Lee Kum Kee unit treats 12,700 staff to Thailand trip

Mainland direct selling company Infinitus China is set to organize a gigantic tour group of 12,700 people to Thailand, a move that will smash the record set by another Chinese firm which sent 6,400 of ...More

EJ Insight2015-05-14

Police face more questions over wrongful arrest of autistic man

... Office, a unit within the Hong Kong police that handles complaints against the force's officers. Meanwhile, it leveled fresh accusations of improper behavior by the officers who handled the arrest and ...More

EJ Insight2015-05-14

CITIC unit pays record HK$1.47 bln for Ma On Shan site

... sidential unit to cost about HK$18,000 to HK$20,000 per square foot. Some home sellers in nearby developments immediately raised their asking prices by about HK$300,000. Meanwhile, a commercial site i ...More

EJ Insight2015-05-14

HK firm makes statement as sole developer of NY condo tower

... eet, a 29-unit high-rise between Park and Lexington Avenues, according to the New York Times. Chinese companies have flocked to build in New York but typically partnered with local firms. In rare case ...More

EJ Insight2015-05-13

How Tencent uses WeChat to command entertainment space

... rtainment unit and former head of Tencent Video. Other firms staking a claim in China's online entertainment market include internet search leader Baidu Inc. and its online video unit iQiyi; Sohu.com ...More

EJ Insight2015-05-13

New i-Cable free-TV unit to get HK$1 bln start-up funding

Hong Kong cable operator i-Cable Communications Ltd. (01097.HK) will invest more than HK$1 billion (US$129 million) in the first six months of its new free-to-air television unit. The company expects ...More

EJ Insight2015-05-12

China Telecom unit in video network partnership with Tata

Tata Communications, a Mumbai-based telecommunications firm, said it has formed a new video network partnership with China Telecom Global, a Hong Kong-based unit of China Telecom Corp. Ltd. (00728.HK) ...More

EJ Insight2015-05-12

China railway firm to build rail, port projects in Russia

A unit of China Railway Construction Corp. Ltd. (CRCC) has signed a memorandum of understanding to build rail and port projects in Russia. The agreement was one of a series signed between China and Ru ...More

EJ Insight2015-05-11

Next Media profit warning reflects tough times for media sector

... pps. This unit already contributed a revenue of HK$330 million in the first half of fiscal 2015, surging 160 percent from a year ago. Also, the company may save considerable costs in paper due to the ...More

EJ Insight2015-05-08

Hutchison selling US$4.3 bln stake in UK mobile unit

... sh mobile unit O2 for nearly US$15.4 billion, merging O2 with its Hutchison 3G UK Holdings unit. The latest deal comes as Li restructures his business empire in a bid to boost shareholder value. -- Co ...More

EJ Insight2015-05-08

Uber bids for Nokia's digital mapping service: NYT

... d mapping unit by the end of the month. The multibillion-dollar battle to buy Here underscores the growing importance of digital mapping services as companies connect their products to the internet, t ...More

EJ Insight2015-05-08

What's the way out for sub-divided flat tenants?

In a joint operation on April 29, Hong Kong's Buildings Department and the police busted two units that contained 21 sub-divided flats at an industrial building in Tsuen Wan. A total of 15 households ...More

EJ Insight2015-05-06

HSBC first-quarter pretax profit up 4%, beating forecasts

... e banking unit was accused of helping clients dodge taxes in their home countries -- did not affect the bank's business significantly, though it caused some "reputational damage". Asia continued to be ...More

EJ Insight2015-05-06

MPF brings cheer, for now

... c housing unit purchases. Despite having very similar economies, Hong Kong people can only watch with envy their Singapore brethren. The Lion City helps its citizens buy their first homes, offering un ...More

EJ Insight2015-05-05

GE taps Apple, Qualcomm to reignite lighting business

...  an opportunity in selling energy-efficient LED bulbs, it will seek to use sensors and other technology embedded in LEDs to the advantage of consumers, businesses and cities, said Beth Comstock, who l ...More

EJ Insight2015-05-05

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