Many Hongkongers choose to go it alone when making investment decisions. They get tips from friends and they devise their own strategies. Still, it can't hurt to get some input from people who've...
- Mon
- Jul 1, 2013
- Updated: 4:40am
Trending topics
As part of a series to test the quality of the financial advice being given by Hong Kong's banks, the South China Morning Post carried out a mystery shopping exercise at eight institutions. This...
2:16AM
With summer in full swing, people are craving a dip in the swimming pool. But if your apartment tower lacks a pool and you'd rather not brave the crowds at government-run facilities, hotel health...
2:17AM
As property prices spiral in many Asian countries, the Japanese market has curiously lagged behind. Perhaps investors never got over the shock of the Tokyo real estate bust of the late 1980s.
2:15AM
Finding a great bargain used to mean trawling through haphazardly stacked goods at remote warehouse outlets or lining up outside stores for hours before they opened, ready to elbow out other...
1:38AM
Stock talk
28Jun
China’s stock markets scored their biggest gains in two months on Friday in a sign of growing confidence that credit conditions were improving as cash rates extended their fall from peaks reached during last week’s credit crunch.
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Wealth
“It’s NOT a junk” insists Kylie Waterstrom who runs Elite Charters. She’s talking about the newly refurbished 86-foot motor yacht the Mahala Lin. “It has two massive caterpillar engines, not...
10:00AM
And now for something completely different. The world’s most expensive club sandwich, price HK$480, available at The Parlour restaurant at Hullett House in Tsim Sha Tsui until August 31.
9:06AM
Half of business owners have done nothing about planning their exit strategy. As the population greys, unprecedented numbers of them will be retiring in the next few years, but appear to have done...
9:20AM
China's super-rich who have made big fortunes over the past few decades in business are now keen to acquire ultra luxurious assets after already buying so-called "hard luxury" goods like Hermes...
8:35AM
The Royal Geographical Society’s Everest Diamond Jubilee Gala Dinner, with lecture by Stephen Venables, hero of the first ascent of Mount Everest by its Kangshung Face from Tibet in 1988, was a...
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Battling Portfolios
See how the experts manage two imaginary HK$50million portfolios.
Money News
Holidaymakers looking towards Japan as a destination this summer should think ahead when it comes to currency exchange.
1:18AM
Spending
With summer in full swing, people are craving a dip in the swimming pool. But if your apartment tower lacks a pool and you'd rather not brave the crowds at government-run facilities, hotel health...
2:17AM
Philanthropy is a very personal decision - the who, what, why and how much of giving are determined by life experiences, and the very act of giving has an impact on the giver.
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Nestled in a few of the city's urban backstreets are several great places for bargain hunters to buy kitchen utensils. Whether you're an aspiring chef or just an occasional kitchen dabbler, there'...
1:18AM
A houseboat presents a romantic alternative to Hong Kong's high-rise apartment living, but is it a financially savvy move? Hong Kong, with its abundance of islands, has a long history of floating...
1:20AM
Maternity services offered at Hong Kong hospitals present a wide range of choices for almost any budget. Selecting the right one is a personal decision that involves considerations such as...
4:33AM
At the beginning of this month, American Express Platinum credit card holders in Hong Kong reluctantly bid adieu to the company's concierge services, sparking complaints. Cardholders were upset...
4:18AM
Markets & Investing
Many Hongkongers choose to go it alone when making investment decisions. They get tips from friends and they devise their own strategies. Still, it can't hurt to get some input from people who've...
1:38AM
The most popular exchange-traded fund that tracks the performance of mainland shares reported record redemptions this month, a development that may discourage asset managers from launching new...
4:59AM
Banks are cutting back on the sale of controversial investment-linked assurance schemes (ILAS) as they await the implementation of new control measures over their sale from the Hong Kong Monetary...
3:37PM
This week our reporter visited DBS. As with last week's mystery shopping exercise, she posed as a 37-year-old expatriate mother of two who wanted to invest money for a pension, with HK$10,000 a...
4:43AM
2 comments
Mixed asset funds, also known as balanced funds, are all the rage. Hongkongers are putting more money into these than any other fund type. To get an idea of what is out there, we look at two big...
4:49AM
Economy
The Principality of Liechtenstein opened a consular office in Hong Kong last week as it seeks to boost business ties with the city and the mainland. The European state owes much of its wealth and...
2:21AM
The mainland's chief bank regulator said yesterday that domestic financial institutions held more than twice the reserves needed to cover payments and settlements, in Beijing's latest effort to...
5:59AM
At the beginning of this year, Eurasia Group, the political risk firm I lead, released its top 10 risks of 2013. We gave our top slot to increasing turmoil in "emerging markets".
5:20AM
Ireland’s economy slid into recession late last year and continued to contract sharply in early this year, new and revised figures showed on Thursday, just months before it is due to exit its EU/...
2:32PM
Q&A With Our Experts
We have property in Australia and a bit of superannuation there. Was there anything arising from last month's federal budget that we should be aware of?
Full answerRising property values have increased our equity in our Hong Kong home. We are thinking of increasing our current home mortgage to buy a property in Britain or Canada. We are in our mid-50s and plan to repay the loan from the sale of our Wan Chai investment flat when we retire at 65. This flat is mortgaged to about 70 per cent of its value. What do you think?
Full answerMy wife and I are permanent residents and jointly own our home. We have separated and I would like to buy my own flat. Will I be exempt from the new higher stamp duties?
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