Irresponsible Economists make Wildly Exaggerated Calls for Global Recession

Irresponsible Economists make Wildly Exaggerated Calls for Global Recession






Irresponsible Economists make Wildly Exaggerated Calls for Global Recession The US is decisively in a growth rate cycle upturn, which began last year just after the Presidential  election. Very savvy BCA Research Chief Economist Martin Barnes and ECRI Co-founder Lakshman Achuthan provided an outlook of the US economy that surely contradicts the consensus sentiment of […]






Hong Kong Horse Racing Selections May 24, 2017, Happy Valley

Hong Kong Horse Racing Selections May 24, 2017, Happy Valley






Hong Kong Horse Racing Selections May 24, 2017, Happy Valley Race 1 – HO CHUNG RIVER HANDICAP 2.TRUE COMMENT 1.BORN TO RACE 3.AEROLUMINANCE Race 2 – KAM TIN RIVER HANDICAP 1.PEARL WARM WARM 4.BOND ELEGANCE 5.GENEROUS BOBO Race 3 – KAM TIN RIVER HANDICAP 11.CLEVER SPIRIT 5.MULTIGOGO 8.SMART SALUTE Race 4 – NG TUNG RIVER […]






Hong Kong Horse Racing Standard Chartered Champions & Chater Cup

Hong Kong Horse Racing Standard Chartered Champions & Chater Cup






Hong Kong Horse Racing Standard Chartered Champions & Chater Cup Our Selections 1.Werther 2 Gold Mount 3 Blazing Speed By David Morgan John Moore is confident he has Werther in a good place heading into Sunday’s (28 May) HK$10 million Standard Chartered Champions & Chater Cup, one of only three mile-and-a-half contests in the Hong […]






Hong Kong plays a crucial role in the globalization of Chinese culture

Hong Kong plays a crucial role in the globalization of Chinese culture






Hong Kong plays a crucial role in the globalization of Chinese culture Hong Kong, which played a key role in the implementation of China’s reform and opening-up policy, has again become an active player in raising global awareness of China’s culture and its contribution to world civilization. Chen Mingxian, president of the Chinese Intangible Cultural […]






Swire Pacific Limited (HKG:0019) Michelle Low, New Finance Director of Swire Properties Limited

Swire Pacific Limited (HKG:0019) Michelle Low, New Finance Director of Swire Properties Limited






Swire Pacific Limited (HKG:0019) Michelle Low New Finance Director of Swire Properties Limited Swire Pacific Limited has announced that Michelle Low, Finance Director of Swire Properties Limited, will be appointed the Finance Director of Swire Pacific with effect from 1st October 2017. Michelle will replace Martin Cubbon, who will be retiring from the Swire group […]






Wharf Holdings Ltd (HKG:0004) HEFFX Highlights

Wharf Holdings Ltd (HKG:0004) HEFFX Highlights






Wharf Holdings Ltd (HKG:0004) HEFFX Highlights Wharf Holdings had been in talks to sell i-Cable since last year. Wharf Holdings to turn historic Murray Building into luxury hotel Wharf Holdings completes sale of 4 bln yuan panda bonds in China Wharf (Holdings), which owns malls in Hong Kong, rose 2.4 percent on expectations that retail […]






Hang Seng Bank (HKG:0011) In A Trading Slump

Hang Seng Bank (HKG:0011) In A Trading Slump






Hang Seng Bank (HKG:0011) In A Trading Slump Hang Seng Bank kicks off Qianhai venture Hang Seng Bank profits down 60% due to trading slump Hang Seng Bank Posted Solid 2016 Results Hong Kong Hang Seng Up 0.15% On Wall Street Cues Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: […]






Hong Kong Start Up News

Hong Kong Start Up News






Start-up Runway in Hong Kong Explores Entrepreneurial Vision A record turnout of more than 17,600 visitors, 3.5 per cent more than the previous year, attended Entrepreneur Day on 19-20 May at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC), the two-day event hosted more than 270 […]






PetroChina Company Limited (HKG:0857) HEFFX Highlights

PetroChina Company Limited (HKG:0857) HEFFX Highlights






PetroChina Company Limited (HKG:0857) HEFFX Highlights PetroChina (PTR) Swings to Q1 Profit on Higher Oil Prices PetroChina Stock Getting Very Oversold PetroChina Agrees To Arbitration In $1B Africa Oil Spat State-owned oil giant PetroChina said in a statement that it had to disconnect the networks linking its petrol stations nationwide for 12 hours on Saturday […]






Bank of China Ltd (HKG:3988) $100 Billlion to the Belt and Road

Bank of China Ltd (HKG:3988) $100 Billlion to the Belt and Road






Bank of China Ltd (HKG:3988) $100 Billlion to the Belt and Road BOC creates special team to hasten shipment inspection process Chelsea Logistics signs $220M loan with Bank of China Bank of China given licence to operate in Pakistan by central bank Bank of China has extended credit support of $100 billion to Belt and […]






Tencent Holdings Ltd (HKG:0700) Uni-Ten Licensing Deal

Tencent Holdings Ltd (HKG:0700) Uni-Ten Licensing Deal






Tencent Holdings Ltd (HKG:0700) Uni-Ten Licensing Deal Universal Music Group Inks Major Licensing Deal With Tencent Tencent Holdings Ltd. posted a better-than-expected 55 percent surge in quarterly revenue as blockbuster titles including Honour of Kings Tencent is creating an entire town dedicated to esports Universal agrees deal to stream on China’s Tencent’s services Tencent Holdings […]






Hong Kong Real Estate Report

Hong Kong Real Estate Report






Hong Kong Real Estate Report Henderson Land Development (0012) paid a record HK$23.28 billion for the government’s Murray Road five-story public car park today The Lands Department announced that the site offers about 2,880 square meters and is designated for non-industrial uses. The price paid by billionaire Lee Shau-kee’s company translates to HK$51,600 per square […]






Hong Kong Racing News: France Galop Cup Handicap

Hong Kong Racing News: France Galop Cup Handicap






Hong Kong Racing News: France Galop Cup Handicap Our Selections 1. Romantic Cash 2. Jetwings 3. Super Turbo By Andrew Hawkins Trainer Richard Gibson believes Jetwings can continue the stable’s recent run of good form in the Class 2 France Galop Cup Handicap (1200m) at Happy Valley on Wednesday night (17 May). Jetwings (132lb) won […]






Thailand to Benefit from Growing China – Russia Trade

Thailand to Benefit from Growing China – Russia Trade






Thailand to Benefit from Growing China – Russia Trade The rapidly growing China/Russia Trade deals will drive economic growth throughout ASEAN, Thailand with it’s strong manufacturing and agricultural base is one of the countries with the most to gain in the changing nature of global trade. The Thai-China rail link will become a major trade […]






Top Asian Stocks to Own Now

Top Asian Stocks to Own Now






Top Asian Stocks to Own Now E-commerce powerhouses in China are extremely bullish about strengthening trade ties and invigorating economic activities in economies along the Belt and Road Initiative, industry observers said. They said that as fast-growing mobile and internet usage propels consumer spending, an ever-widening array of “Made in China” items will be at […]






China’s Economy Showing No Signs of Slowing

China’s Economy Showing No Signs of Slowing






China’s Economy Showing No Signs of Slowing China’s economy shows no signs of crisis even as the country’s crackdown on financial leverage has wiped almost $500-B from domestic markets. “This continues to be completely overblown,” James O’Neill, former Commercial Secretary to the UK Treasury, said. “China has demonstrated multiple times that it’s very good at […]






Business Leaders in Asia Optimistic but Cautious

Business Leaders in Asia Optimistic but Cautious






Business Leaders in Asia Optimistic but Cautious YPO, the premier chief executive leadership organisation in the world, reported today that confidence among business leaders in Asia rose in the first quarter of 2017 (Q1 2017), reaching a two-year high. The YPO Global Pulse Confidence Index for Asia increased for the second consecutive quarter, gaining 2.1 […]






China: Economy on Solid Ground

China: Economy on Solid Ground






China: Economy on Solid Ground China’s recent economic moderation is a natural consequence of its economic restructuring, and the country’s solid growth momentum remains uninterrupted in the longer term, Asian Development Bank Chief Economist Yasuyuki Sawada said on May 7. China is doing the right things to maintain financial stability and control cross-border capital flows, […]






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 23,913.95. The projected upper bound is: 24,977.79. The projected lower bound is: 23,992.61. The projected closing price is: 24,485.20. HANG SENG […]






Macao Researchers Develop Room Temperature Storage Technology for Stem Cells

Macao Researchers Develop Room Temperature Storage Technology for Stem Cells






Macao Researchers Develop Room Temperature Storage Technology for Stem Cells he University of Macao (UM) researchers developed a new way to store stem cells at room temperature for a minimum of 7 days without the loss of viability and biological activities, the university’s said in a press release Thursday. UM said its researchers from Faculty […]






Doing Business in Asia Requires Expertise

Doing Business in Asia Requires Expertise






Doing Business in Asia Requires Expertise There is no reason to compromise high standards when it comes to production and/or personal interactions, Harmony is Key. This is an outline some of HeffX’s expertise in Asia business dealings. Whether you operate in the businesses of manufacturing, services, or in the for-profit education industry arenas, growth brings opportunity. […]






Asian Market Points to Lower Open on Wall Street

Asian Market Points to Lower Open on Wall Street






Asian Market Points to Lower Open on Wall Street Asian stock markets slipped and the dollar held its ground today after the US Federal Reserve’s latest assessment of the U.S. economy reinforced expectations for more interest rate increases later this year. European shares rose after an index of economic activity rose to a six-year high. […]






HK Health Department Investigating Imported Case of Zika Virus Infection

HK Health Department Investigating Imported Case of Zika Virus Infection






HK Health Department Investigating Imported Case of Zika Virus Infection The Center for Health Protection (CHP) of Hong Kong is investigating an imported case of Zika virus infection, in which a young woman who has been to South American countries got infected, the health department of the Hong Kong Special Administrative Region (HKSAR) said last […]






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook

HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook China will weigh a bit on Hong Kong in the morning session. Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 25,133.38. The projected lower bound is: 24,133.37. The projected closing price is: 24,633.37. HANG […]






HANG SENG INDEX(INDEXHANGSENG:HSI) HEFFX Trading Outlook

HANG SENG INDEX(INDEXHANGSENG:HSI) HEFFX Trading Outlook






HANG SENG INDEX(INDEXHANGSENG:HSI) HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 25,216.48. The projected lower bound is: 24,219.98. The projected closing price is: 24,718.23. HANG SENG INDEX closed up 120.051 at 24,698.480. Volume was 9% below average (neutral) […]






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook

HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 25,097.37. The projected lower bound is: 24,099.63. The projected closing price is: 24,598.50. HANG SENG INDEX closed up 122.490 at 24,578.430. Volume was 3% below average […]






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook

HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook






HANG SENG INDEX (INDEXHANGSENG:HSI) HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 24,971.67. The projected lower bound is: 23,977.44. The projected closing price is: 24,474.55. HANG SENG INDEX closed up 316.459 at 24,455.939. Volume was 10% above average […]






Hang Seng Index (INDEXHANGSENG:HSI) Hong Kong HEFFX Trading Outlook

Hang Seng Index (INDEXHANGSENG:HSI) Hong Kong HEFFX Trading Outlook






Hang Seng Index (INDEXHANGSENG:HSI) Hong Kong HEFFX Trading Outlook Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 24,539.16. The projected lower bound is: 23,573.30. The projected closing price is: 24,056.23. HANG SENG INDEX closed down -14.961 at 24,042.020. Volume was 21% […]






Hong Kong Horse racing: European Horses Head to Hong Kong

Hong Kong Horse racing: European Horses Head to Hong Kong






High-class raiders from Britain and France will take on Hong Kong’s prodigious stars in two fascinating Group 1 features at Sha Tin racecourse on Sunday, 7 May, the $16 million Champions Mile (1600m) and the HK$14 million Chairman’s Sprint Prize (1200m). Hong Kong’s brilliant four-year-old Rapper Dragon tops the bill in the eight-runner Champions Mile. […]






ASEAN Market Preview

ASEAN Market Preview






ASEAN Market Preview China’s main indexes fell for their fourth straight session on Wednesday, as investor worries deepened that tighter regulations against speculation and shadow banking will hurt the country’s credit-fuelled recovery. The blue-chip CSI300 index fell 0.5 percent to 3,445.88 points, while the Shanghai Composite Index lost 0.8 percent to 3,170.69 points. Small-caps stocks, […]






Hong Kong Combines Horseracing and Interactive Entertainment Technology

Hong Kong Combines Horseracing and Interactive Entertainment Technology






Horseracing and interactive entertainment technology will excite race-goers at Happy Valley Racecourse on Thursday, 20 April, the first of three consecutive Digital Night parties at Hong Kong’s iconic city track. At the three-week event which ends on 3 May, a 65″ Samsung SUHD Quantum Dot TV is up for grabs. The Korea Racing Authority Trophy […]






The Hong Kong Jockey Club was active at the Goffs UK Breeze-Up Sale

The Hong Kong Jockey Club was active at the Goffs UK Breeze-Up Sale






The Hong Kong Jockey Club was active at the Goffs UK Breeze-Up Sale at Doncaster on 12 April, purchasing four well-related, athletic colts for a total outlay of £350,000 (approximately HK$3.39 million). The Club struck early in the session for Lot 8, a fluid-moving colt from the family of G1-winning champion juvenile Bushranger, by the […]






Hong Kong Horse Racing: Audemars Piguet QEII Cup

Hong Kong Horse Racing: Audemars Piguet QEII Cup






Audemars Piguet QEII Cup (Group 1) Our Selections: 1.Pakistan Star 2.Werther 3. The United States HK$20 million (US$2.578 million) 1st HK$11,400,000, 2nd HK$4,400,000, 3rd HK$2,000,000, 4th HK$1,140,000, 5th HK$660,000, 6th HK$400,000 Performance Analysis Horse Details Horse Statistics Probable Jockey Trainer Name   Rep Age/ Sex Wt. Int’l Rtg Lifetime G1 Good Wet RH 1800-2200 Trk/Dist […]






Hong Kong Horse Racing: Our Selections for the Nam Long Shan Handicap

Hong Kong Horse Racing: Our Selections for the Nam Long Shan Handicap






Hong Kong Horse Racing: Our Selections for the Nam Long Shan Handicap Our Selections 1. Magic Legend 2. Strathmore 3. House of Fun From HKJC Almost a year after Strathmore proved his mettle against some of the top sprinters around, trainer Tony Millard is hoping his five-year-old can bounce back to form in the Class […]






Hong Kong Horse Racing: Audemars Piguet Queen Elizabeth II Cup

Hong Kong Horse Racing:  Audemars Piguet Queen Elizabeth II Cup






Hong Kong Horse Racing: Audemars Piguet Queen Elizabeth II Cup A captivating edition of the HK$20 million Group 1 Audemars Piguet Queen Elizabeth II Cup (2000m) on Sunday, 30 April at Sha Tin racecourse is set to feature nine contenders from five international jurisdictions, with last year’s champion facing a clutch of rising stars. First […]






Pink Star Diamond Posts World Record Price at $71.2-M

Pink Star Diamond Posts World Record Price at $71.2-M






Pink Star Diamond Posts World Record Price at $71.2-M $BID The largest, most perfect Pink diamond to have ever been offered at auction has sold for $71.2-M at a Sotheby’s (NYSE:BID) event Tuesday in Hong Kong, setting a new world record for any diamond or jewel, according to the auction house. Described as one of “the earth’s […]






Hong Kong Horse Racing News: Weekend Preview

Hong Kong Horse Racing News: Weekend Preview






Hong Kong Horse Racing News: Weekend Preview By David Morgan at HKJC Chad Schofield is locked in to ride two talented contenders on Sunday (9 April), one in each of the day’s Group 2 features, the Chairman’s Trophy (1600m) and the Sprint Cup (1200m); Limitless and Thewizardofoz both are on retrieval missions of varying degrees, […]






2017 Dubai World Cup “Best Horse I’ve Ever Seen” Baffert Says of Arrogate

2017 Dubai World Cup “Best Horse I’ve Ever Seen” Baffert Says of Arrogate






2017 Dubai World Cup “Best Horse I’ve Ever Seen” Baffert Says of Arrogate Arrogate might be the best horse any of us have ever seen. After missing the start and being last in the early stages, the Saudi owned Arrogate (USA) came from last to win in one of the most spectacular performances in the […]






Dubai World Cup: Bentley And Limato Ready To Motor

Dubai World Cup: Bentley And Limato Ready To Motor






Dubai World Cup: Bentley And Limato Ready To Motor Limato attempts to add another big prize to jockey Harry Bentley’s trophy cabinet By Martin Kelly Harry Bentley has been the star turn in Qatar over the last couple of seasons and the youthful Englishman is looking to Limato (IRE) to provide him with a first […]






Trump Stimulus Expectations Driving US and World Economies

Trump Stimulus Expectations Driving US and World Economies






Trump Stimulus Expectations Driving US and World Economies $DIA, $SPY, $QQQ, $VXX The world economy will grow steadily over the next 2 years, meaning investors should stay invested in equities, according to Barclays Capital Plc. Barclay’s analysts presented several major themes for the next 2 years Thursday, they are: President Donald Trump and Republicans in […]






Hong Kong Horse Racing: Hong Kong Derby

Hong Kong Horse Racing: Hong Kong Derby






Hong Kong Horse Racing: Hong Kong Derby Our Selections (in order) Rapper Dragon Pakistan Star Seasons Bloom By David Morgan at HKJC “Ascot’s Hong Kong Derby trial” is how more than one wag has described the Britannia Handicap in recent times, given the race’s record as a source of Hong Kong imports. The Royal meeting’s […]






Growth Opportunities for Hong Kong in Emerging “Greater Bay Area”

Growth Opportunities for Hong Kong in Emerging “Greater Bay Area”






Growth Opportunities for Hong Kong in Emerging “Greater Bay Area” Hong Kong will gain new growth momentum with the emergence of the “Guangdong-Hong Kong-Macao Greater Bay Area,” an ambitious central government initiative aimed at boosting development of the Cantonese-speaking region in southern China, local scholars and economic analysts say. In his annual government work report […]






China’s Growth an Example for the World

China’s Growth an Example for the World






China’s Growth an Example for the World China’s growth has benefited from innovation, people-centered ideology, stability, infrastructure upgrades and globalization, which can serve as an example for other economies, experts said. “China’s economy has stabilized and showed more signs of warming, thanks to new growth policies, structural reform and policy innovations,” said Cai Jiming, professor […]






Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks

Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks






Goldie (NYSE:GS) Missed China Rally, Now Overweighting Chinese Stocks $DIA, $SPY, $QQQ, $VXX Goldman Sachs Group (NYSE:GS) is joining the rush on Chinese shares, becoming the latest major brokerage to upgrade the market thanks to mounting evidence of strength in the largest Asian economy. The bank’s strategists are now overweight Chinese stocks, with their 12-month […]






HANG SENG INDEX(INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook 12/03/17

HANG SENG INDEX(INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook 12/03/17






HANG SENG INDEX(INDEXHANGSENG:HSI) Hong Kong HEFFX Outlook 12/03/17 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 24,038.46. The projected lower bound is: 23,178.64. The projected closing price is: 23,608.55. HANG SENG INDEX closed up 67.109 at 23,568.670. Volume was 11% below […]






Australian Sam Clipperton a Rising Star in Hong Kong Horse Racing

Australian Sam Clipperton a Rising Star in Hong Kong Horse Racing






Australian Sam Clipperton a Rising Star in Hong Kong Horse Racing By Andrew Hawkins at HKJC The success of Sam Clipperton has been one of the main storylines of the current Hong Kong racing season and the plot developed further after the freshman Australian rider scored a treble at Sha Tin on Sunday (12 March). […]






Hong Kong International Sale: Aussie Hot Lots

Hong Kong International Sale: Aussie Hot Lots






By Andrew Hawkins The Hong Kong International Sale, to be held next Friday night (17 March) in the Sha Tin parade ring, is a one-of-a-kind sale. It brings together unraced stock, purchased from some of the grandest yearling auctions in the world, who are then offered exclusively for sale to Hong Kong’s ownership brigade. With […]






Hong Kong International Sale: European Hot Lots

Hong Kong International Sale: European Hot Lots






Hong Kong International Sale: European Hot Lots By David Morgan The Hong Kong International Sale on the evening of Friday, 17 March will offer Hong Kong racehorse owners the chance to purchase unraced stock, selected from the world’s elite thoroughbred sales and prepared for the Hong Kong circuit at pre-training facilities in England and New […]






Hong Kong Horse Racing: 2017 Hong Kong International Sale

Hong Kong Horse Racing: 2017 Hong Kong International Sale






Hong Kong Horse Racing: 2017 Hong Kong International Sale By Andrew Hawkins The 2017 Hong Kong International Sale (HKIS) on the evening of Friday, 17 March gives Hong Kong Jockey Club members the opportunity to purchase any of 31 select lots, sourced from some of the world’s most prominent yearling auctions and offered to the […]






Bank of China Ltd (HKG:3988) Trading Outlook

Bank of China Ltd (HKG:3988) Trading Outlook






Bank of China Ltd (HKG:3988) Trading Outlook BANK OF CHINA closed unchanged at 3.810. Volume was 98% below average (consolidating) and Bollinger Bands were 42% wider than normal. Open High Low Close Volume___ 3.830 3.830 3.800 3.810 4,752,524 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: […]






Monetization of Bank Instruments

Monetization of Bank Instruments






Monetization of Bank Instruments In order to monetize a Bank Instrument you must be in possession of the instrument and it must be verified prior to monetizing. HEFFX has developed relationships with some of the Top banks in the world to Monetize Bank Instruments for clients worldwide by arranging the monetization against owned bank instruments […]






China Plans for Future Growth

China Plans for Future Growth






China has set a “reasonable target” for economic growth, said Jia Kang, a national political advisor and chief economist with the China Academy of New Supply-side Economics. China’s year-on-year growth has slowed for six years in a row, falling from a growth rate of more than 10 percent in 2010. The lower target was within […]






China Unicom (Hong Kong) Limited (HKG:0762) CUniq Now in USA

China Unicom (Hong Kong) Limited (HKG:0762) CUniq Now in USA






On March 3, 2017, China Unicom Global Limited (“CUG”) launched “CUniq” mobile virtual network operator (“MVNO”) business in America, marking another milestone of CUG’s MVNO services development in overseas market since the successful launch of “CUniq” MVNO in Europe on December 2016. This unveiling marks CUG MVNO business has officially expanded its mobile service into […]






Hong Kong Real Estate News

Hong Kong Real Estate News






Hong Kong Real Estate News Far East Consortium International Limited (“FEC” or the “Group”; SEHK: 35) is pleased to announce that on 3 March 2017 (after trading hours), Dorsett Hospitality International Limited (“Dorsett Hospitality”), a wholly owned subsidiary of the Group, entered into a Sale and Purchase Agreement with Golden Wheel Jasper Company Limited (“Golden […]






Package Deliveryman is Now China’s 3rd-Richest Billionaire

Package Deliveryman is Now China’s 3rd-Richest Billionaire






Package Deliveryman is Now China’s 3rd-Richest Billionaire $FDX, $BABA A humble deliveryman has now become China’s 3rd-richest billionaire. Wang Wei, 46 anni, Chairman of SF Holding (002352.Shenzhen) – the FedEx of China – has seen his fortune grow to around $27-B, according to a recent estimate. Wang has knocked out Tencent founder Pony Ma for […]






China Economic Update

China Economic Update






The Caixin General Services Purchasing Managers’ Index (PMI) slipped to 52.6 in February from 53.1 in January and the 17-month high of 53.4 in December 2016, according to the survey conducted by financial information service provider Markit, sponsored by Caixin Media. A reading above 50 indicates expansion, while a reading below represents contraction. New orders […]






Hong Kong Economic Update

Hong Kong Economic Update






HSI HANG SENG INDEX closed down -48.420 at 23,728.070. Volume was 24% above average (neutral) and Bollinger Bands were 10% narrower than normal. Open High Low Close Volume___ 24,044.48024,080.86923,694.33023,728.0702,111,361,280 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 23,959.63 23,032.70 22,401.93 Volatility: 10 12 17 Volume: 1,909,525,248 […]