<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>East Asian Times &#187; Hong Kong</title>
	<atom:link href="http://www.eastasiantimes.com/tag/hong-kong/feed" rel="self" type="application/rss+xml" />
	<link>http://www.eastasiantimes.com</link>
	<description>Shayne Heffernan on ASEAN</description>
	<lastBuildDate>Sat, 19 Nov 2011 21:43:47 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Hong Kong maids win another small victory</title>
		<link>http://www.eastasiantimes.com/hong-kong-maids-win-another-small-victory.htm</link>
		<comments>http://www.eastasiantimes.com/hong-kong-maids-win-another-small-victory.htm#comments</comments>
		<pubDate>Wed, 26 Oct 2011 20:04:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[another small victory]]></category>
		<category><![CDATA[Hong Kong maids]]></category>
		<category><![CDATA[maids win another small victory]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=18396</guid>
		<description><![CDATA[

A Hong Kong court rejected a government bid Wednesday to suspend the processing of residency applications by foreign maids, after a key ruling last month paved the way for them to settle in the city.
Foreigners can apply to stay in Hong Kong  after seven years of uninterrupted residency, gaining access to voting  rights, [...]]]></description>
			<content:encoded><![CDATA[<div id="yui_3_3_0_1_1319658190460297">
<div id="yui_3_3_0_1_1319658190460296">
<p id="yui_3_3_0_1_1319658190460302">A Hong Kong court rejected a government bid Wednesday to suspend the processing of residency applications by foreign maids, after a key ruling last month paved the way for them to settle in the city.</p>
<p id="yui_3_3_0_1_1319658190460295">Foreigners can apply to stay in Hong Kong  after seven years of uninterrupted residency, gaining access to voting  rights, benefits such as public housing and the right to live in the  Chinese city without a work visa.</p>
<p id="yui_3_3_0_1_1319658190460305">But until the landmark High Court ruling on September 30 in a case brought by Filipina domestic worker Evangeline Banao Vallejos, immigration laws had excluded the city&#8217;s 292,000 foreign maids from settling in the territory.</p>
<p id="yui_3_3_0_1_1319658190460310">The High Court judged the law unconstitutional in a decision that has sharply divided opinion and prompted a government appeal.</p>
<p id="yui_3_3_0_1_1319658190460506">Fearing the ruling would spark a  flood of new applications, the government asked the court to allow it to  suspend processing foreign maids&#8217; residency claims, via a stay order,  until the appeal was complete.</p>
<p id="yui_3_3_0_1_1319658190460509">Government counsel David Pannick  had argued that the &#8220;status quo should be maintained&#8221; pending the  appeal, a date for which has not been set.</p>
<p id="yui_3_3_0_1_1319658190460514">&#8220;Our concern is the general  implication,&#8221; he said, adding that the government did not want to be  held in contempt of court for not processing maids&#8217; applications until  the appeal.</p>
<p>Justice Johnson Lam rejected his arguments, saying foreign maids  could take their cases to court if the immigration authorities refused  to accept their applications.</p>
<p id="yui_3_3_0_1_1319658190460313">Justice Secretary Wong Yan Lung  told reporters after the hearing that the ruling did not &#8220;compel the  government to process the applications&#8221; of anyone other than Vallejos.</p>
<p id="yui_3_3_0_1_1319658190460520">&#8220;The judge, first of all, agreed  with us that the judgment he made on September 30, including also any  order that he made today in respect of the applicant, was only  applicable to the applicant (Vallejos),&#8221; he said.</p>
<p id="yui_3_3_0_1_1319658190460523">He said the judge also &#8220;indicated&#8221;  that the government would not be in contempt of court if it continued to  refuse to consider residency applications from foreign maids other than  Vallejos, pending the outcome of the appeal.</p>
<p>&#8220;That is very significant. That was in fact the concern we had when we pursued the application,&#8221; he said.</p>
<p>Security Secretary Ambrose S.K. Lee said there had been &#8220;some  increases&#8221; in the number of foreign maids applying for residency, from  one a month before the September 30 ruling to 20 on Tuesday.</p>
<p>Despite the High Court decision, foreign maids &#8212; like other expats  &#8212; must still fulfil other criteria before gaining residency, including  proving they plan to make Hong Kong their permanent home.</p>
<p id="yui_3_3_0_1_1319658190460546">The Vallejos case has prompted  debate on equal treatment of foreign maids in Hong Kong, where they are  entitled to better working conditions than in other parts of Asia.</p>
<p id="yui_3_3_0_1_1319658190460543">They are guaranteed one day off a  week, paid sick leave and a minimum wage of HK$3,740 ($480) a month, but  rights groups say they still face general discrimination and a lack of  legal protection.</p>
<p id="yui_3_3_0_1_1319658190460526">A maid&#8217;s visa is tied to a specific employer, leaving her in a difficult situation if she wants to change jobs, activists say.</p>
<p id="yui_3_3_0_1_1319658190460540">The ruling could have implications  for other Asian economies that rely on cheap imported labour for  cooking, cleaning and care of the young and elderly, allowing the local  women to join the workforce. &#8212; AFP</p>
</div>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hong-kong-maids-win-another-small-victory.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>76 injured in Hong Kong ferry crash: Marine Dept</title>
		<link>http://www.eastasiantimes.com/76-injured-in-hong-kong-ferry-crash-marine-dept.htm</link>
		<comments>http://www.eastasiantimes.com/76-injured-in-hong-kong-ferry-crash-marine-dept.htm#comments</comments>
		<pubDate>Fri, 21 Oct 2011 18:33:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[76 injured in Hong Kong]]></category>
		<category><![CDATA[ferry crash]]></category>
		<category><![CDATA[Hong Kong ferry crash]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=18310</guid>
		<description><![CDATA[

Seventy-six people were injured when a Hong Kong ferry crashed into a mooring pillar on Friday, the city&#8217;s marine department said.
Of the injured, nine were in a serious condition and had to be air-lifted to hospital, Patrick Wong, a spokesman for Hong Kong&#8217;s Marine Department told AFP.
&#8220;At about 5am this morning, a 29-metre-long (95-foot) ferry [...]]]></description>
			<content:encoded><![CDATA[<div>
<div>
<p>Seventy-six people were injured when a Hong Kong ferry crashed into a mooring pillar on Friday, the city&#8217;s marine department said.</p>
<p>Of the injured, nine were in a serious condition and had to be air-lifted to hospital, Patrick Wong, a spokesman for Hong Kong&#8217;s Marine Department told AFP.</p>
<p>&#8220;At about 5am this morning, a 29-metre-long (95-foot) ferry carrying  140 passengers crashed into a concrete mooring facility by a typhoon  shelter shortly after departing Cheung Chau,&#8221; Wong said.</p>
<p>&#8220;The boat did not sink, but some people were hurt.&#8221;</p>
<p>The collision caused &#8220;significant casualties onboard&#8221;, a government statement said.</p>
<p>The commuter ferry was carrying people from Cheung Chau, a small  island off the city&#8217;s southern coast, to the main Hong Kong island.</p>
<p>Wong said an investigation into the accident had been launched, adding that visibility at the time was normal.</p>
<p>The cause of the accident was yet to be determined.</p>
<p>&#8220;We were all thrown out of our seats when the ferry crashed &#8212; people  were bleeding all over, from the head, nose and lips,&#8221; a passenger told  local broadcaster Cable News TV.</p>
<p>&#8220;It was very chaotic inside, none of the crew came to help us, we had to help ourselves,&#8221; another passenger told the station.</p>
<p>Last year, eight people died in Hong Kong when a vessel collided with a cargo boat in the South China Sea. &#8212; AFP</p>
</div>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/76-injured-in-hong-kong-ferry-crash-marine-dept.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hong Kong cross-harbour swim returns after 33 years</title>
		<link>http://www.eastasiantimes.com/hong-kong-cross-harbour-swim-returns-after-33-years.htm</link>
		<comments>http://www.eastasiantimes.com/hong-kong-cross-harbour-swim-returns-after-33-years.htm#comments</comments>
		<pubDate>Sun, 16 Oct 2011 21:25:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Hong Kong cross-harbour swim returns]]></category>
		<category><![CDATA[swim]]></category>
		<category><![CDATA[Victoria Harbour]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=18104</guid>
		<description><![CDATA[

Hong Kong&#8217;s  iconic cross-harbour swimming race made its return Sunday after a  33-year suspension forced by pollution and heavy traffic on the famous  waterway.
The annual race, a tradition dating back to 1906 which in its heyday attracted hundreds of swimmers to the city&#8217;s famed Victoria Harbour, was halted in 1978 as water [...]]]></description>
			<content:encoded><![CDATA[<div id="yui_3_3_0_1_1318799002613297">
<div id="yui_3_3_0_1_1318799002613296">
<p id="yui_3_3_0_1_1318799002613295">Hong Kong&#8217;s  iconic cross-harbour swimming race made its return Sunday after a  33-year suspension forced by pollution and heavy traffic on the famous  waterway.</p>
<p id="yui_3_3_0_1_1318799002613302">The annual race, a tradition dating back to 1906 which in its heyday attracted hundreds of swimmers to the city&#8217;s famed Victoria Harbour, was halted in 1978 as water quality deteriorated.</p>
<p id="yui_3_3_0_1_1318799002613473">The event was revived this year due to popular demand, with organisers insisting the water had improved.</p>
<p id="yui_3_3_0_1_1318799002613474">A total of 1,000 swimmers took part in the 1.8 kilometre (1.1 mile) race amid a carnival atmosphere.</p>
<p id="yui_3_3_0_1_1318799002613477">They dashed between Hong Kong  island and the Kowloon peninsula on a bright autumn day, with the  winning time for the course 20 minutes and 34 seconds.</p>
<p id="yui_3_3_0_1_1318799002613305">&#8220;It&#8217;s a meaningful event. It brings back a lot of memories for old Hong Kong people,&#8221; said Ronnie Wong from the Hong Kong Amateur Swimming Association, a three-time champion of the race between 1967 and 1969.</p>
<p>&#8220;A lot of people have been asking me when we can hold the race  again,&#8221; he said, adding that the association had to turn down nearly 500  applications as the field was capped.</p>
<p>Environmental groups had warned before the race that there were still  high levels of harmful bacteria including E.coli in the famous harbour.</p>
<p>Some swimmers were worried about the water but others were convinced  that as long as they did not swallow too much it would not be a problem.</p>
<p>&#8220;I&#8217;m not worried about the quality of the water because it&#8217;s more or  less the same as swimming in the sea in other places,&#8221; said office  worker Chung Soo-kheng.</p>
<p>But secondary school student Chu Kai-shing said: &#8220;I feel that the  water is a little bit dirty, it should be improved. The water is a  little bit smelly.&#8221;</p>
<p>Wong said that fluctuating water quality had improved in recent days  in the eastern part of the harbour where the race is held, and that it  was safe for the event to go ahead.</p>
<p>And he said the association was considering opening the race to  foreigners from next year, after drawing a big field of entries from  swimmers young and old, plus a smattering of expatriates.</p>
<p>&#8220;Once we open the entry to international participants, this will become a tourist attraction,&#8221; he said.</p>
<p>Other swimmers were concentrating less on pollution, and more on the  majesty of their surroundings with towering skyscrapers on either shore  and waters warm enough not to wear a wetsuit.</p>
<p>&#8220;It is very special to swim in the Victoria Harbour. I didn?t  participate in the cross harbour competition last time 33 years ago, so  this time I feel very happy,&#8221; said firefighter Li Chun-tung.</p>
<p>Pollution &#8212; air quality in particular &#8212; is a major issue in Hong  Kong, and critics say that as well as posing a health threat to its  seven million population, dirty air is also driving away talented  professionals. &#8212; AFP</p>
</div>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hong-kong-cross-harbour-swim-returns-after-33-years.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>HSBC sees Asia trade doubling to $14 trillion by 2025</title>
		<link>http://www.eastasiantimes.com/hsbc-sees-asia-trade-doubling-to-14-trillion-by-2025.htm</link>
		<comments>http://www.eastasiantimes.com/hsbc-sees-asia-trade-doubling-to-14-trillion-by-2025.htm#comments</comments>
		<pubDate>Tue, 11 Oct 2011 07:02:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Asia trade]]></category>
		<category><![CDATA[Asia trade doubling to $14 trillion by 2025]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC sees Asia trade doubling]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17988</guid>
		<description><![CDATA[HONG KONG (Reuters) &#8211; Asia&#8217;s trade volume will almost double by 2025 and will be the key driver of world trade growth despite current global economic headwinds, HSBC said in a report on Tuesday.
Asia&#8217;s trade volume will grow 96 percent to nearly $14 trillion by  2025, recording annual year-on-year growth of 4.8 percent versus [...]]]></description>
			<content:encoded><![CDATA[<p>HONG KONG (Reuters) &#8211; Asia&#8217;s trade volume will almost double by 2025 and will be the key driver of world trade growth despite current global economic headwinds, HSBC said in a report on Tuesday.</p>
<p>Asia&#8217;s trade volume will grow 96 percent to nearly $14 trillion by  2025, recording annual year-on-year growth of 4.8 percent versus an  estimated 3.8 percent for global trade, the bank said in its latest  quarterly Trade Connections report.</p>
<p>By 2025, world trade is expected to increase 73 percent from the current level, driven mainly by India, Vietnam, Indonesia and China, said the report.</p>
<p>But HSBC said it found a dip in confidence among Asian importers and  exporters about the trade outlook for the next six months, with 41  percent expecting the global economy to decline.</p>
<p>&#8220;There are undoubtedly short term risks for businesses given the  challenging economic conditions,&#8221; Noel Quinn, regional head of HSBC  commercial banking Asia-Pacific, said in the report.</p>
<p>Singapore, China and India showed the largest drops in confidence, it said.</p>
<p>Businesses in Australia, Singapore, Vietnam and China are concerned  about buyers defaulting on payments and intend to request advance  payments or tighten payment terms with suppliers, the report added.</p>
<p>China will remain Asia&#8217;s largest trade partner by value in 2025,  increasing its total trade from $1.1 trillion in 2010 to over $2  trillion by 2025.</p>
<p>China&#8217;s share of world trade will reach 13 percent by 2025,  overtaking the United States as the largest trading nation, driven both  by commodities and an increase in manufacturing in the mainland, the  report said.</p>
<p>Trade between Asia-Pacific and Brazil is expected to more than double to $206 billion by 2025, much of it in soy, it said. &#8212; Reuters</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hsbc-sees-asia-trade-doubling-to-14-trillion-by-2025.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hong Kong Apple tribute designer denies plagiarism</title>
		<link>http://www.eastasiantimes.com/hong-kong-apple-tribute-designer-denies-plagiarism.htm</link>
		<comments>http://www.eastasiantimes.com/hong-kong-apple-tribute-designer-denies-plagiarism.htm#comments</comments>
		<pubDate>Tue, 11 Oct 2011 06:45:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple tribute designer denies plagiarism]]></category>
		<category><![CDATA[Hong Kong Apple]]></category>
		<category><![CDATA[Hong Kong Apple tribute designer]]></category>
		<category><![CDATA[Jonathan Mak]]></category>
		<category><![CDATA[plagiarism]]></category>
		<category><![CDATA[steve jobs]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17965</guid>
		<description><![CDATA[

A Hong Kong design student whose sombre tribute to Steve Jobs became an overnight Internet sensation denied Tuesday that he had copied another artist&#8217;s work.
Jonathan Mak&#8217;s design, which featured the late Apple  founder&#8217;s silhouette incorporated into the bite of a white Apple logo  on a black background, went viral online after Jobs died [...]]]></description>
			<content:encoded><![CDATA[<div>
<div>
<p>A Hong Kong design student whose sombre tribute to Steve Jobs became an overnight Internet sensation denied Tuesday that he had copied another artist&#8217;s work.</p>
<p>Jonathan Mak&#8217;s design, which featured the late Apple  founder&#8217;s silhouette incorporated into the bite of a white Apple logo  on a black background, went viral online after Jobs died at the age of  56 last week.</p>
<p>But the 19-year-old student has been forced to fend off allegations  of plagiarism after web users pointed out that a similar logo was first  created by a UK-based designer, known as Raid71 online.</p>
<p>&#8220;I did my best to ensure that the idea hadn&#8217;t been done before by  searching for terms such as &#8216;Apple, Steve Jobs, logo, silhouette&#8217; before  I came out with the design,&#8221; the second-year student told AFP.</p>
<p>He said he was not aware of Raid71&#8217;s work until he was told by readers of his blog.</p>
<p>&#8220;I don&#8217;t dispute he came out with the design before me, but we arrived at the same design independently,&#8221; he said.</p>
<p>The two logo-tributes have different dimensions and the UK designer used a black Apple logo instead of a white one.</p>
<p>Mak was inundated with tens of thousands of emails, blog comments and job offers after he published his design on the web. &#8212; AFP</p>
</div>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hong-kong-apple-tribute-designer-denies-plagiarism.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hong Kong student&#8217;s Apple tribute is Internet hit</title>
		<link>http://www.eastasiantimes.com/hong-kong-students-apple-tribute-is-internet-hit.htm</link>
		<comments>http://www.eastasiantimes.com/hong-kong-students-apple-tribute-is-internet-hit.htm#comments</comments>
		<pubDate>Sat, 08 Oct 2011 00:39:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple founder Steve Jobs]]></category>
		<category><![CDATA[Hong Kong student's Apple tribute]]></category>
		<category><![CDATA[Internet]]></category>
		<category><![CDATA[Internet hit]]></category>
		<category><![CDATA[Jonathan Mak]]></category>
		<category><![CDATA[steve jobs]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17864</guid>
		<description><![CDATA[A Hong Kong design student said on Friday he was overwhelmed and felt &#8220;unreal&#8221; after his sombre logo in tribute to Apple founder Steve Jobs caused a worldwide Internet sensation.
The design, featuring Jobs&#8217;s silhouette incorporated into the bite of a white Apple logo on a black background, has gone viral on the Internet since news of his death.
&#8220;I feel so unreal,&#8221; Jonathan Mak, [...]]]></description>
			<content:encoded><![CDATA[<p>A Hong Kong design student said on Friday he was overwhelmed and felt &#8220;unreal&#8221; after his sombre logo in tribute to Apple founder Steve Jobs caused a worldwide Internet sensation.</p>
<p>The design, featuring Jobs&#8217;s silhouette incorporated into the bite of a white Apple logo on a black background, has gone viral on the Internet since news of his death.</p>
<p>&#8220;I feel so unreal,&#8221; Jonathan Mak, a second year graphic design student at Hong Kong Polytechnic University, told AFP, after he was inundated with tens of thousands of emails and messages on his Twitter account.</p>
<p>&#8220;You don&#8217;t get to 180 thousands notes without feeling slightly insane,&#8221; the 19-year-old posted on another microblogging site Tumblr Friday, referring to the messages he has received.</p>
<p>Mak said newspapers in the United States and Germany have contacted him about buying the copyright to use his logo and had received job offers.</p>
<p>&#8220;I am flattered by the attention but I would like to focus on my study before taking on any full-time job,&#8221; said the bespectacled student, adding that he was trying to cope with his new-found fame.</p>
<p>&#8220;I&#8217;m quite busy now actually as I&#8217;m trying to finish a school project.&#8221;</p>
<p>When asked about whether he would be targeting commercial opportunities, Mak said he was considering contacting Apple on copyright issues because his design is based on Apple&#8217;s own logo.</p>
<p>Some merchandisers have reportedly used his logo for commemorative memorabilia for Jobs such as t-shirts and caps that are being sold on the Internet.</p>
<p>&#8220;I will consider using any proceeds I make from the copyright for cancer research, as suggested by some people to me on the Internet,&#8221; he said. Jobs died at 56 of pancreatic cancer.</p>
<p>Mak said he first came up with the design after Jobs announced his resignation in late August, but the logo received little attention at the time.</p>
<p>The teenager said the Apple founder had inspired him in his design.</p>
<p>&#8220;He was a minimalist, which is the way I would like to emphasise in my design &#8212; fewer elements but a powerful message.&#8221;</p>
<p>&#8220;Steve Jobs strongly believed in his own ideas and continued with his beliefs no matter how people criticised him. He was courageous,&#8221; said Mak. &#8212; AFP</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hong-kong-students-apple-tribute-is-internet-hit.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>US-based Chinese dissident barred from Hong Kong</title>
		<link>http://www.eastasiantimes.com/us-based-chinese-dissident-barred-from-hong-kong.htm</link>
		<comments>http://www.eastasiantimes.com/us-based-chinese-dissident-barred-from-hong-kong.htm#comments</comments>
		<pubDate>Sat, 08 Oct 2011 00:23:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[US]]></category>
		<category><![CDATA[US-based Chinese]]></category>
		<category><![CDATA[US-based Chinese dissident barred]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17843</guid>
		<description><![CDATA[A prominent US-based Chinese dissident was denied entry to Hong Kong on Friday and deported to Taiwan.
Yang Jianli was refused entry into Hong Kong when he arrived on a flight from the United States via Taiwan, public broadcaster RTHKreported late Friday.
Yang was scheduled to attend a two-day academic forum in the former British colony, which returned to Chinese rule in [...]]]></description>
			<content:encoded><![CDATA[<p id="yui_3_3_0_1_1318033105526302">A prominent US-based Chinese dissident was denied entry to Hong Kong on Friday and deported to Taiwan.</p>
<p id="yui_3_3_0_1_1318033105526295">Yang Jianli was refused entry into Hong Kong when he arrived on a flight from the United States via Taiwan, public broadcaster RTHKreported late Friday.</p>
<p>Yang was scheduled to attend a two-day academic forum in the former British colony, which returned to Chinese rule in 1997 with its own political and legal system, according to RTHK.</p>
<p>An immigration department spokesman declined to confirm Yang&#8217;s deportation, saying it would not comment on individual cases.</p>
<p id="yui_3_3_0_1_1318033105526445">US permanent resident Yang spent five years in jail in China on charges of spying and illegal entry in a case which sparked criticism from the United States and the United Nations. He was released in 2007.</p>
<p>The activist fled China following the 1989 Tiananmen democracy protests and was blacklisted by the government, which refused to renew his passport or issue him travel documents to return to his homeland.</p>
<p>He tried to sneak into China in April 2002, but was arrested in the southwestern city of Kunming.</p>
<p>Yang has also been turned away from Hong Kong in 2008 and 2009.</p>
<p>Pro-democracy groups have condemned Hong Kong for becoming intolerant of dissent and bowing to pressure from China by barring visits of mainland dissidents.</p>
<p id="yui_3_3_0_1_1318033105526463">Two former leaders of the Tiananmen protests were refused entry to attend the funeral of a Hong Kong democracy icon in January this year. &#8212; AFP</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/us-based-chinese-dissident-barred-from-hong-kong.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Apple opens Hong Kong store in China push</title>
		<link>http://www.eastasiantimes.com/apple-opens-hong-kong-store-in-china-push.htm</link>
		<comments>http://www.eastasiantimes.com/apple-opens-hong-kong-store-in-china-push.htm#comments</comments>
		<pubDate>Sat, 24 Sep 2011 06:49:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Apple]]></category>
		<category><![CDATA[Apple opens Hong Kong store]]></category>
		<category><![CDATA[Hong Kong store in China push]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17337</guid>
		<description><![CDATA[

Apple threw open the doors to its first store in Hong Kong, its latest push to tap the booming China market, as shoppers were greeted with boisterous chanting and high-fives from staff.
The minimalist store spread over two floors in one of Hong Kong&#8217;s most upmarket shopping malls is Apple&#8217;s sixth outlet in China, launching just [...]]]></description>
			<content:encoded><![CDATA[<div id="yui_3_3_0_1_1316845897477286">
<div id="yui_3_3_0_1_1316845897477290">
<p>Apple threw open the doors to its first store in Hong Kong, its latest push to tap the booming China market, as shoppers were greeted with boisterous chanting and high-fives from staff.</p>
<p>The minimalist store spread over two floors in one of Hong Kong&#8217;s most upmarket shopping malls is Apple&#8217;s sixth outlet in China, launching just a day after the doors opened on another new branch in Shanghai.</p>
<p>Apple&#8217;s second quarter revenue in greater China &#8212; which includes Hong Kong and Taiwan &#8212; reached $3.8 billion, a six-fold rise on the same period a year earlier, making the region a key driver of the company&#8217;s record results.</p>
<p>Die-hard fans in China, which has the world&#8217;s largest online population with 485 million users, have been known to line up for days to get their hands on the latest Apple products.</p>
<p>A queue of more than a thousand people snaked along an overpass near Hong Kong&#8217;s Victoria Harbour, with some people waiting from Friday afternoon to be among the first inside on Saturday.</p>
<p>Employees handing out free t-shirts chanted &#8220;Apple, Apple&#8221; and high-fived shoppers as they made their way up a spiral staircase set against a window showcasing the city&#8217;s skyline.</p>
<p>&#8220;We&#8217;ve waited a long time for Apple to come to Hong Kong,&#8221; postal worker Tony Cho, 24, told AFP as he checked out a sleek MacBook Air laptop.</p>
<p>&#8220;It&#8217;s a very exciting atmosphere.&#8221;</p>
<p>Previously, Apple products were available in Hong Kong through registered dealers and online, but the opening Saturday marked the first branded Apple store in the southern Chinese territory.</p>
<p>Trish Peck was among those who waited eagerly to take a peek at the shopping-mad city&#8217;s newest retail phenomenon.</p>
<p>&#8220;Hong Kong really knows how to tap the consumer slant,&#8221; she said.</p>
<p>&#8220;We haven&#8217;t quite hit the China consumer level yet. For us, it&#8217;s about education (for the kids)&#8230; but there is a certain cachet with the brand.&#8221;</p>
<p>China&#8217;s craze for all things Apple has led to widespread cloning of iPhones and iPads, and in July an American blogger uncovered fake Apple stores in the southwestern city of Kunming.</p>
<p>The shop was so convincing even the staff &#8212; who wore Apple&#8217;s trademark blue T-shirts with name badges around their necks &#8212; thought they worked for the company.</p>
<p>Two other rip-off Apple shops were nearby, one of them sporting a sign reading &#8220;Apple Stoer&#8221;. &#8212; AFP</p>
</div>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/apple-opens-hong-kong-store-in-china-push.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hong Kongers Irate Over HSBC Job Cuts.</title>
		<link>http://www.eastasiantimes.com/hong-kongers-irate-over-hsbc-job-cuts.htm</link>
		<comments>http://www.eastasiantimes.com/hong-kongers-irate-over-hsbc-job-cuts.htm#comments</comments>
		<pubDate>Fri, 23 Sep 2011 19:44:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Banking]]></category>
		<category><![CDATA[HSBC]]></category>
		<category><![CDATA[HSBC Job Cuts]]></category>
		<category><![CDATA[Job cuts]]></category>
		<category><![CDATA[jobs]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17286</guid>
		<description><![CDATA[There is little sympathy for bankers who lose their jobs these days—except when the losses come at HSBC Holdings PLC and are taking place in Hong Kong, the bank’s historic home. HSBC said on Wednesday it would be cutting 3,000 jobs, mostly support positions, over the next three years.
Local newspapers printed tales of bank employees [...]]]></description>
			<content:encoded><![CDATA[<p>There is little sympathy for bankers who lose their jobs these days—except when the losses come at HSBC Holdings PLC and are taking place in Hong Kong, the bank’s historic home. <a href="http://online.wsj.com/article/SB10001424053111904836104576556132401580142.html?mod=WSJASIA_hps_MIDDLEThirdNews">HSBC said on Wednesday</a> it would be cutting 3,000 jobs, mostly support positions, over the next three years.</p>
<p>Local newspapers printed tales of bank employees worried they’d lose their jobs and their homes. Other workers complained that the units targeted for cuts were more efficient than at other banks.</p>
<p>The cuts even brought protesters to the bank’s dramatic headquarters in Central Hong Kong. Leaders of the rally, organized by the Retail, Commerce and Clothing Industries General Union, said the group is “very angry” that the bank is cutting so many staff after it posted such strong profits last year.</p>
<p>To illustrate their point, protesters stuck dollar signs on the iconic lion statues guarding the HSBC building and put fatty pork meat in the lions’ mouths, symbolizing the bank’s fat profits.</p>
<p>“HSBC is arguably Hong Kong’s most important financial institution,” said organizer Tam Chun-yin. “Other banks look to it as a bellwether for the market; there’s definitely a worry that other banks could follow suit. It’s setting a bad example.”</p>
<p>The Hong Kong Monetary Authority’s Acting Financial Secretary Chan Ka-keung also spoke out on Wednesday, saying he had discussed the cuts with HSBC’s Asia-Pacific Chief Executive, Peter Wong. Mr. Chan said he hoped HSBC would try to “minimize the impact on Hong Kong” in its reorganization.</p>
<p>Some observers think the bank is making the cuts to boost its struggling share price.  One financial headhunter said the number of jobs being eliminated amounted to “nothing,” and HSBC could have made the cuts quietly. It’s not even clear whether there will be a net decrease in the bank’s Asian head count, given that it also said it plans to hire 3,000 to 5,000 people annually in Asia over the next five years.</p>
<p>“But there is a perception in the market among investors that if you don’t announce some sort of cuts at this time,” the headhunter explained, “your share price gets attacked.”</p>
<p>If HSBC’s bold move was aimed at the share price, it had an quick effect. At a time when bank stocks are <a title="http://blogs.wsj.com/source/2011/09/05/no-bottom-in-sight-for-bank-shares/" href="http://blogs.wsj.com/source/2011/09/05/no-bottom-in-sight-for-bank-shares/">being hammered relentlessly</a>, HSBC’s London-listed shares closed up 2.7% on Wednesday and its American Depositary Receipts ended at an equivalent of HK$65.71, or 1.7% higher than its Hong Kong close on Wednesday of HK$64.60. In Hong Kong on Thursday, HSBC pared earlier gains to close flat, against the broader Hang Seng Index which was off 0.7%.</p>
<p>If HSBC’s cuts can get <a title="http://blogs.wsj.com/exchange/2011/01/14/hsbc-stock-wins-new-fans/" href="http://blogs.wsj.com/exchange/2011/01/14/hsbc-stock-wins-new-fans/">the “big elephant” </a>moving again, that’s could be at least of some comfort to Hong Kongers disgruntled about the job losses. &#8212; The Wall Street Journal</p>
<p><!-- article end --></p>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/hong-kongers-irate-over-hsbc-job-cuts.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sany Postpones Hong Kong Offering</title>
		<link>http://www.eastasiantimes.com/sany-postpones-hong-kong-offering.htm</link>
		<comments>http://www.eastasiantimes.com/sany-postpones-hong-kong-offering.htm#comments</comments>
		<pubDate>Fri, 23 Sep 2011 19:37:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Regional News]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Hong Kong Offering]]></category>
		<category><![CDATA[Sany]]></category>
		<category><![CDATA[Sany Heavy Industry]]></category>

		<guid isPermaLink="false">http://www.eastasiantimes.com/?p=17280</guid>
		<description><![CDATA[HONG KONG—Sany Heavy Industry Co. postponed its Hong Kong public offering, which had been set to raise as much as $3.3 billion, as investor appetite for share issues took a hit amid a dramatic drop in Asian markets Thursday.
The Shanghai-listed Chinese construction machinery company&#8217;s offering, which had been taking orders from investors since Monday, is [...]]]></description>
			<content:encoded><![CDATA[<p>HONG KONG—<a href="/public/quotes/main.html?type=djn&amp;symbol=600031.SH">Sany Heavy Industry</a> Co. postponed its Hong Kong public offering, which had been set to raise as much as $3.3 billion, as investor appetite for share issues took a hit amid a dramatic drop in Asian markets Thursday.</p>
<p>The Shanghai-listed Chinese construction machinery company&#8217;s offering, which had been taking orders from investors since Monday, is the biggest Asian deal being sold at the moment, ahead of another Hong Kong listing candidate, Chinese brokerage firm <a href="/public/quotes/main.html?type=djn&amp;symbol=600030.SH">Citic Securities</a> Co.</p>
<p>People familiar with Sany, which had been due to list in Hong Kong on Oct. 3 until it decided to delay the retail portion of its IPO Wednesday, said that the order-taking from international investors will continue as planned, but won&#8217;t be legally binding. The deal will be re-launched when market conditions pick up, they said, though they didn&#8217;t give a more specific time. The investor presentations started in Hong Kong on Monday, and Sany&#8217;s management team and bankers will stick with the schedule, going from London, where they are currently, to the U.S. from Sept. 23-26, one of the people said.</p>
<p>Sany would be the second largest deal withdrawn globally, according to data provider Dealogic, behind the $3.5 billion Hong Kong IPO in June by Australian coal miner Resourcehouse Ltd. and ahead of Danish cleaning and services giant ISS A/S&#8217;s $2.6 billion March IPO, which was pulled because of the turmoil in markets. Neither deal has come back for a listing.</p>
<p>Sany&#8217;s IPO suspension comes just a day after Chinese car maker <a href="/public/quotes/main.html?type=djn&amp;symbol=2333.HK">Great Wall Motor</a> Co. and Philippine shopping mall operator Puregold Price Club Inc. raised a combined $800 million after pricing their IPOs at low ends of their indicative ranges due to weak investor appetite, and Xiao Nan Guo, a Shanghai restaurant chain, scrapped its Hong Kong listing. The long-awaited $1 billion IPO of U.K. soccer club Manchester United Ltd. may also be moved back to next year from the fourth quarter, as was originally anticipated, people familiar with the deal said Wednesday.</p>
<p>On Thursday, markets were a sea of red, with the MSCI AC Asia Pacific Index falling 4%, bringing its September decline to 9.5%, and Hong Kong&#8217;s benchmark Hang Seng Index falling 4.9% to a 26-month low. Eight of Asia&#8217;s top 10 IPOs this year, including the $10 billion Hong Kong-London listing of Swiss commodities trader <a href="/public/quotes/main.html?type=djn&amp;symbol=0805.HK">Glencore International</a> PLC, are trading below their listing values, according to Dealogic.</p>
<p>&#8220;We are expecting more IPOs to be postponed, as sentiment just doesn&#8217;t favor new listings,&#8221; said Castor Pang, head of research of Core Pacific-Yamaichi.</p>
<p>Indeed, Hong Kong conglomerate <a href="/public/quotes/main.html?type=djn&amp;symbol=0019.HK">Swire Pacific</a> Ltd., which owns the city&#8217;s flag carrier <a href="/public/quotes/main.html?type=djn&amp;symbol=0293.HK">Cathay Pacific Airways</a> Ltd, said Thursday it was again planning to list its property arm, but won&#8217;t raise funds this time around. In May last year, as the Greek debt crisis kicked off, Swire scrapped plans to raise $3 billion from carving out its property unit for a listing.</p>
<p>The suspension of the Sany deal leaves just one major Hong Kong listing taking orders from investors at the moment: the $1.94 billion IPO of Shanghai-listed Citic Securities, due to list Oct.6. But the Chinese brokerage firm has already sold 44% of its IPO to cornerstone investors, including sovereign wealth fund Kuwait Investment Authority and Singapore state investment company Temasek Holdings Pte. Ltd., who have agreed to six-month lockups. A person familiar with the deal said the remaining shares not sold to cornerstone investors are so far four times oversubscribed at the bottom of an indicative price range. &#8212; The Wall Street Journal</p>
]]></content:encoded>
			<wfw:commentRss>http://www.eastasiantimes.com/sany-postpones-hong-kong-offering.htm/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

