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December, 5, 2016

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Business > Asia > Hong Kong
Hong Kong runners voice support for press freedom
Runners in Hong Kong's annual street marathon donned blue ribbons on their sports vests Sunday to show their support for press freedom, as fears grow that the city's independent media is under threat.
 
Nightclubs with diamante toilets, luxury cemeteries and local restaurants have made a splash during their debuts on Hong Kong's stock exchange, proving particularly popular among "mom and pop" investors squeezed out of more mainstream openings.
 
Hong Kong tourism officials yesterday announced that the number of visitors to the special administrative region was tallied at about 54.3 million, up 11.7 percent year-on-year.
 
Hong Kong malls attract season's  shoppers with holiday decorations
In the race to extract cash from Christmas shoppers, Hong Kong's myriad of shopping malls have taken to heart the maxim that you must spend money to make money when it comes to decorations this festive season.
 
Li Ka-shing's Power Assets Holdings Ltd. (0006.HK) expects to list its Hong Kong electricity business next month, providing the group with a cash injection of up to US$5.7 billion for overseas takeovers.
 
I've lived in New York, Boston and Houston. For the past five years, Hong Kong has been my home. All are great cities but when it comes to public transportation, Hong Kong wins the prize hands down. In fact, we've been spoiled here in Hong Kong with MTR trains that are fast, clean and frequent. I normally don't have to wait more than three minutes for the next train.
 
Hong Kong luxury home buyers line up amid talk of last hurrah
In a shopping mall in one of Hong Kong's prime retail districts, more than 100 people wait patiently to take a lift to the sales floors -- not to buy luxury bags or clothes, but high-end apartments with price tags of up to US$4.4 million.
 
Some 300,000 people joined Asia's millionaire ranks last year, according to a world wealth report released Wednesday, which also found that the region slipped behind a rebounding North America.
 
Bubble trouble hits Hong Kong jade market
Prized as a magical imperial stone, jade is a status symbol of the super rich in Asia, but rocketing prices in the top-end of the market have left traders in Hong Kong struggling to find buyers.
 
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