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Hong Kong Bureau
Asia Online Editor — Forbes
As seen in:  Forbes

Asia online editor at Forbes, I follow the money in this ginormous region. Former British Consulate staffer in H.K.

Asia's Richest Man Closing In On $15 Billion Deal For U.K.'s O2 — Billionaire Li Ka-shing announced on Friday that Hutchison Whampoa had entered exclusive negotiations to buy mobile phone operator O2 from Spain's Telefonica for more than 10.25 billion pounds ($15 billion). The terms of the deal would require Hutchison to pay a cash price of 9.25 billion pounds, and a further 1 [...]

Asia's Richest Man Said To Be In Talks To Buy U.K.'s O2 — Hutchison Whampoa, the conglomerate controlled by Li Ka-shing, is reportedly in talks to buy Britain's second-largest mobile operator for as much as 9 billion pounds ($13.6 billion). Described by The Sunday Times as "early stage discussions," O2 looks a natural target for Hutchison, as its Spanish parent Telefonica seems eager to offload the operator and raise cash to help pay off its debts.

Li Ka-shing's Restructure Plan Sends His Stocks Soaring — Monday was the first chance for the markets to react to Li Ka-shing's proposal to restructure his two main companies, and the markets clearly like the idea. By the close of trading, shares of Cheung Kong had soared nearly 15% to HK$143.2, while Hutchison Whampoa had jumped more than 12% to HK$98.35.

Real Estate Billionaire Donates $118 Million To MIT — Samuel Tak Lee spent decades building a vast real estate empire that easily makes him one of the wealthiest people from Hong Kong. And now that he's achieved such success, he's helping others to follow a similar path by supporting the schools he attended.

Occupy Central Bodes Well For Hong Kong's Future, Lui Che Woo Says — The Occupy Central protests divided Hong Kong like no other event has in years, praised by some people and vilified by others. Business leaders have been reluctant to address the issue. One who has, Lui Che Woo, talked with FORBES ASIA just before Christmas.

Hong Kong Billionaire Sentenced To Five Years In Jail — Thomas Kwok was sentenced Tuesday to five years in jail, after being convicted of conspiring to commit misconduct in public office. Judge Andrew Macrae said he had considered a maximum sentence of six years, but handed down one year less to account for Kwok's good character. Rafael Hui, the government's former No.

Hong Kong's Pro-Democracy Protesters Arrested, But Media Tycoon Says Fight Will Continue — Hong Kong police arrested scores of pro-democracy protesters and cleared the main protest site in Admiralty this afternoon. After 75 days of occupying the streets around government headquarters, and faced with repeated threats of arrest by the police, the holdouts staged a peaceful sit-in as part of their ongoing campaign of civil disobedience.

Hong Kong Police Shown Beating Defenceless Protester — A sickening video of Hong Kong police beating a bound and prone protester has sparked outrage this morning. In the footage carried by local broadcaster TVB, Ken Tsang, a pro-democracy protester and member of the Civic Party, is seen being taken by a group of plain clothes policemen into a dark corner, and then kicked and hit repeatedly, as he lay on the ground offering no resistance.

Hong Kong's Umbrella Protest — Young protesters inside the police cordon around government headquarters on Sunday were expecting police to use pepper spray to disperse them. (Copyright: Forbes)

Hong Kong's Umbrella Protest — Benny Tai catches a glimpse of the growing crowds beyond the police cordon erected around Tim Mei Avenue. He and the other protesters had been camped out in front of government headquarters for two days. (Copyright: Forbes)
More Articles →
Jan 20, 2015

RT @gadyepstein: China Daily talks to Peter Hessler & turns edited transcript into fake op-ed:… Hazard of giving stat…

Jan 19, 2015

Faking murders and stealing bitcoin: Why the Silk Road is the strangest crime story of the decade

Jan 16, 2015

MT @prchovanec: Corruption crackdown on 17+ Shenzhen property developers being reported.

Jan 15, 2015

Enzo, a 20-something protester who camps nightly in Admiralty, described Leung’s address as “bullshit.”

Jan 09, 2015

Leaks show just how easy it might be to hack North Korea

Jan 02, 2015

Liverpool confirms Steven Gerrard is to leave the club at the end of the 2014-15 season

Dec 22, 2014

RT @byAlanWong: Poll conducted during the final days of Occupy protests shows a weakening "Chinese" identity in Hong Kong. @hkupop

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