China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years, Reuter ...More
EJ Insight2018-03-13
... tation in Central from Ma On Shan town center, the vehicle rammed into a concrete barrier on Lei Yue Mun Road near the Lam Tin MTR station and tipped over on its side. The crash led to one passenger - ...More
EJ Insight2018-03-13
... owing the central government's clampdown on aggressive acquisitions overseas. It is also restructuring many of its listed units in mainland China and Hong Kong. One of the sources told the Journal tha ...More
EJ Insight2018-03-13
... , China’s central bank governor Zhou Xiaochuan warned against cryptocurrencies during a news conference on the sidelines of the annual parliament session, saying: “Bitcoin and some other cross-over pr ...More
EJ Insight2018-03-12
... de facto central bank said that "banks, financial institutions, and technology companies may apply to own and operate a virtual bank in Hong Kong." Firms that intend to apply for a license may submit ...More
EJ Insight2018-03-12
... ycle. The central reason why REITs typically outperform during interest rate increases is that the dividend income increases as REITs increase their rents. In fact, in 2017 dividend income has increas ...More
EJ Insight2018-03-12
... up with a centralized “blacklist", the report said. The test, which coincides with the National People's Congress session in central Beijing, underscores a major push by China’s leaders to leverage te ...More
EJ Insight2018-03-12
Despite the recent fund outflows and softness of the Hong Kong dollar, the Hong Kong Monetary Authority (HKMA), the city's de facto central bank, appears to be pretty relaxed about the situation. Usin ...More
EJ Insight2018-03-12
... pite some central bankers calling for regulation, there is no strong consensus for new global rules given the different approaches being taken by countries, ranging from bans to no action at all. Enri ...More
EJ Insight2018-03-12
China does not recognize bitcoin and other digital currencies as legitimate forms of payment, the central bank governor said. “We do not currently recognize bitcoin and other digital currencies as a t ...More
EJ Insight2018-03-12
... ry of the central secretariat of the Communist Party of China (CCP) and chief of the general office of CCP, is going to succeed Zhang and take charge of Hong Kong and Macau affairs. Yet the fact that ...More
EJ Insight2018-03-09
... from the central government that she does not whole heartedly endorse, nor any move to reduce Hong Kong’s autonomy that she sees as other than being essential; indeed she is usually in the forefront ...More
EJ Insight2018-03-09
... de facto central bank, recently rebooted its policy to prepare for virtual banking. The Hong Kong Economic Journal recently sat down with Simon Loong, founder and CEO of WeLab, a Hong Kong-based fint ...More
EJ Insight2018-03-09
... nd to the central government’s demand in relation to the national anthem law, the source said. The local legislation will not be more stringent than the law enacted in the mainland, the source added. ...More
EJ Insight2018-03-09
The Hong Kong dollar extended its slide to a fresh 33-year trough on Friday, a day after the city’s de facto central bank said it may not intervene until the currency peg touches the floor of its trad ...More
EJ Insight2018-03-09
... ng to the central government over issues ranging from illegal land seizures by their provincial authorities or unpaid wages. In recent years, several high-profile cases involving these “insane” people ...More
EJ Insight2018-03-09
... oeux Road Central as a pedestrian zone. However, apart from pedestrianizing our roads, perhaps we should push back the frontiers of our imagination further and start studying the feasibility of const ...More
EJ Insight2018-03-08
... ea to the central authorities as tax in the future like the nine Guangdong cities in the area will have to. This question has raised considerable concern in Hong Kong society since under Article 106 o ...More
EJ Insight2018-03-07
... he Korean Central News Agency (KCNA) said of the meeting that took place on Monday. The agency did not provide details on what that agreement was. A 10-member South Korean delegation led by National S ...More
EJ Insight2018-03-06
