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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

CITIC Securities launches global investment banking unit

China's CITIC Securities launched a global investment-banking venture Monday in a bid to capture opportunities arising from growing cross-border deals. The new venture, CITIC CLSA Securities, combines ...More

EJ Insight2015-05-05

Hyundai-Kia's Korea grip weakens on strong won, EU trade deal

... VW's Audi unit and BMW's Mini. The German carmakers' dominance probably reflects buyers’ perception of the cars’ quality. In total, European cars made up 80 percent of imports, with the rest consist ...More

EJ Insight2015-05-04

Fosun to develop luxury condo tower in New York

China's Fosun Group is launching a new real-estate project in New York City, a move that reflects the conglomerate's growing overseas ambitions. The Shanghai-based group's property unit will co-develo ...More

EJ Insight2015-04-30

What a viral map of home prices on MTR line tells us

...  30 sq ft unit for HK$2,200 a month HK ranked most unaffordable housing market for fifth year Maid room in MTR/CK Hutchison project too small for single bed ...More

EJ Insight2015-04-29

Police hunt for kidnap gang who fled with HK$28 mln ransom

... The crime unit of the Kowloon East Regional Headquarters launched the search operation after the kidnap victim was released unharmed in Tseung Kwan O and the mansion owner reported the case to the pol ...More

EJ Insight2015-04-29

Why Shenzhen property is a big draw for HK buyers, for now

The first mainland residential project of MTR Corp. (00066.HK) is almost sold out, thanks to hot demand from Hong Kong citizens. Over three thousand people lined up for 600 units of Tiara, a residenti ...More

EJ Insight2015-04-28

China QE speculation sends renminbi reeling to 13-month low

... nths. The unit was down 0.35 percent to 6.2181 in offshore trading. Translation by Vey Wong [Chinese version中文版] --Contact us at [email protected] VW/JP/RA ...More

EJ Insight2015-04-28

How the Chinese military can help ease HK's land woes

... Movements Unit at Hong Kong International Airport. The two sites in the heart of Kowloon, Osborn and Gun Club Hill, are perhaps the most suitable ones to be rezoned for more efficient use. The Osborn ...More

EJ Insight2015-04-27

Tin Shui Wai tiny flat goes for more than HK$10,000 per sq ft

Home prices in Hong Kong continue to defy the government's measures to keep a lid on the market, with more areas witnessing new benchmarks in transactions, particularly for small units. A flat in Tin ...More

EJ Insight2015-04-27

Special team to probe deadly blasts and blaze

... ion crime unit is forming an interdepartmental team to find out if any crime was involved. It called for citizens or witnesses to phone investigators at 2352 9477 or 2352 9456 if they knew or saw anyt ...More

EJ Insight2015-04-27

Qualcomm to help Chinese smartphone makers sell abroad

Chip maker Qualcomm Inc. has launched a unit to help Chinese smartphone makers sell overseas, the Wall Street Journal reported. The move is part of the US firm's efforts to build stronger ties in Chin ...More

EJ Insight2015-04-27

Why CR Enterprise restructuring is a wise move

... he listed unit will become a beer-focused business after the deal. Is it a good move? Established in 1992, CR Enterprise is one of the oldest red chips in Hong Kong. The company is the flagship for it ...More

EJ Insight2015-04-24

Is Beijing giving anything to Hong Kong for free?

... ty of the unit against other currencies in the future, Hong Kong will be a key offshore springboard. While the mainland may want to be seen as a savior of the Hong Kong economy, the truth is that Beij ...More

EJ Insight2015-04-24

Probe into fund scandal at CUHK Shenzhen unit sought

The Chinese University of Hong Kong Student Union has asked the school administration to form an independent team to investigate a financial scandal in its Shenzhen Research Institute (SZRI). The case ...More

EJ Insight2015-04-24

Sands China first-quarter financials disappoint

Sands China Ltd. (01928.HK), a unit of Las Vegas Sands Corp., has seen its operating profit in cash terms, or property value adjusted earnings before interest, tax, depreciation and amortization, slid ...More

EJ Insight2015-04-24

Does offloading of flats by CK Hutchison signal market peak?

... fload the units at no premium to the price of flats in the area. Big developers are major participants in the property market, and they have more information than individual investors do. If they are ...More

EJ Insight2015-04-23

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