Neither of the top two candidates running for Hong Kong chief executive may garner enough support to win the March 25 election outright, necessitating a fresh ballot, honorary Liberal Party chairman James Tien said.
Pan Jingdan traveled more than 40 miles to shop in Hong Kong during China’s Golden Week holiday. Unlike the thousands of Chinese tourists who lined up outside luxury goods stores, she stuffed her bags with shampoo, cosmetics and Unilever’s Dove shower gel.
Stephen Chung gave up on buying an apartment in Hong Kong after realizing it would take him 10 years to save the $115,000 deposit for a two-bedroom box in the northern part of the former British colony. He isn’t expecting any help from the city’s next leader.
The biggest two-day rally in the Hong Kong-traded shares of Chinese companies since 2008 signals mainland stocks may rise after a one-week holiday on speculation inflation is slowing and the European debt crisis may be contained.
Dissatisfaction with the way Hong Kong’s government deals with China rose to the highest level in eight years ahead of an election on Sept. 9 for the city’s legislature, according to a survey by the Hong Kong Transition Project.