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Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
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The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. [8] It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation.
Galaxy Entertainment Group is ultimately controlled by the Lui Family of Hong Kong, which has a combined interest of 50.3%. This family has a direct interest of 8.6% in GEG and an indirect interest of 41.7% via the Lui Family Trust and Hong Kong listed K Wah International. [5]
HK Television Entertainment Company Limited (Chinese: 香港電視娛樂有限公司, or ViuTV) is a television service operator in Hong Kong, owned by Hong Kong billionaire Richard Li's PCCW. It operates through its subsidiary PCCW Media , which also owns the IPTV platform Now TV and runs the OTT service Viu .
The date for the listing was 25 November 2005, [5] at a valuation of HK$22.02 billion (Valuation = 2,137,454,000 x HK$10.30 = HK$22.02 Billion) (US$2.82 billion). [6] Upon privatisation , Link Reit remains tied to terms in existing tenancy agreements, but will no longer require approval from government to increase rents for new leases.
Hong Kong FinTech Week is an international fintech event, organized by Investhk; It is held in Hong Kong (and Shenzhen). [ 7 ] Hong Kong FinTech Week brings together fintech communities from the East and the West that seek to expand their businesses to Hong Kong, mainland China and the Asia-Pacific region.
As of 1989, the Emperor Group's investments included a printing service, investment and property holdings, the wholesale and retailing of furniture, infoline and money-lending services, securities and future brokerage services, entertainment, laser disc and video rental, and the supply of equipment for the pager business and Taiwan and mainland China.