Hong Kong IPO Market to Remain Sluggish This Year, PwC Says (Bloomberg) Jan. 6 (Bloomberg) -- Hong Kong’s equity fundraising market will likely remain stagnant this year after the value of initial public offerings dropped by more than three-quarters in 2008, according to PricewaterhouseCoopers LLP.

1 in 5 considering leaving Hong Kong due to pollution: survey (AFP via Yahoo! News) One in five Hong Kong residents is considering leaving the city because of its dire air quality, a survey released Monday has found, raising fears over the financial hub's competitiveness.

Hong Kong's main stock index rises 3.5 percent (AP via Yahoo! News) Hong Kong's key stock index rose 3.5 percent Monday, lifted by Wall Street's strong finish and hopes for more government measures to boost China's economy.

Citic Pacific shares jump despite Hong Kong probe into board (AFP via Yahoo! News) Shares in investment firm Citic Pacific on Monday outperformed the Hong Kong stock market despite news that its entire board of directors was being probed over a costly trading scandal.

Citic Pacific shares jump despite Hong Kong probe of board (AFP via Yahoo! News) Shares in investment firm Citic Pacific on Monday shook off news that its entire board of directors was under investigation by Hong Kong's securities watchdog over a costly trading scandal.

Hong Kong IPO uplift expected in second half (Financial Times) The market for initial public offerings in China and Hong Kong will begin to pick up in the second half of this year as the impact of Beijing’s stimulus package starts to feed through into the wider economy, according to a report from PwC on Monday.

Hong Kong Stocks Advance to Three-Week High; Foxconn Rallies (Bloomberg) Jan. 5 (Bloomberg) -- Hong Kong’s benchmark stock index rose to its highest level in more than three weeks, after gains in metals and oil prices lifted commodities producers.

Hong Kong Stocks Advance to Two-Week High; Chalco, Cnooc Climb (Bloomberg) Jan. 5 (Bloomberg) -- Hong Kong’s benchmark stock index rose, set for its highest close in more than two weeks, after gains in metals and oil prices lifted commodities producers.

China Should Set Up Yuan Center in Hong Kong, Official Says (Bloomberg) Jan. 5 (Bloomberg) -- China should build an offshore yuan finance center in Hong Kong and boost the currency’s use in international trade and central bank reserves, a government official wrote in a report.

Third rare 'Olympic' sturgeon dies in Hong Kong theme park (AFP via Yahoo! News) A third rare sturgeon has died in a Hong Kong aquatic park, a spokeswoman said Sunday, the latest misfortune to strike a school of the endangered fish donated from China to mark the Olympics.