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Tag: Hong Kong

Posted on January 25, 2021

Hong Kong Lifts Lockdown in Kowloon District After Testing 7,000 People

HONG KONG (Reuters) – The Hong Kong government lifted a lockdown in an area of Kowloon district in the early hours of Monday after testing about 7,000 people for coronavirus to curb an outbreak in the …

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Posted on January 25, 2021

Hong Kong neighborhood locked down after COVID outbreak

Health workers are seen in protective gear inside a locked down portion of the Jordan residential area to contain a new outbreak of the coronavirus, in Hong Kong, China3, 2021. REUTERS/Tyron …

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Posted on January 25, 2021

China’s Growing Power Is Scaring Ordinary Savers Out of Hong Kong

Bank of America estimates outflows could reach $36 billion this year as anxious Hong Kong residents reassess their options …

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Posted on January 25, 2021

Hong Kong stocks look for earnings boost, mainland China tonic to overcome fatigue after world-beating run

An imminent rebound in corporate earnings could support the stock rally in Hong Kong despite last week’s wobble. Hopes for sustained inflows from Chinese funds and better US-China ties are growing.

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Posted on January 25, 2021

Most Hong Kong firms plan to boost pay by 3 per cent but pace of hiring set to slow, survey finds

Some 82 per cent of firms will freeze their headcounts while about 35 per cent will either reduce their bonus payouts or offer no extra payment.

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Posted on January 25, 2021

Kuaishou Seeks to Raise Up to $5.4 Billion in Hong Kong IPO

Kuaishou Technology, the main rival to ByteDance Ltd. in China, is seeking to raise as much as $5.4 billion in Hong Kong in what would be the world’s biggest internet initial public offering since …

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Posted on January 24, 2021

Greater Bay Area: Guangzhou lures young Hong Kong entrepreneurs to start businesses with rent waivers, subsidies

The city is attracting young Hongkongers by offering generous subsidies on business costs, access to trade officials and a favourable environment to raise capital.

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Posted on January 23, 2021

Who’s who of mainland financiers in Hong Kong as Mandarin becomes the common tongue for Central’s investment bankers

The changing demographics in Asia’s second-largest capital market has spillover socioeconomic implications in a city grappling with record unemployment and its worst recession in decades。

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Posted on January 23, 2021

Coronavirus live news: Hong Kong orders partial lockdown; UK variant concerns mount

New UK Covid variant may be 30% more deadly, says Johnson; World’s poor need action, not Covid ‘vaccine nationalism’, say experts; Germany’s Covid death toll exceeds 50,000 …

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Posted on January 23, 2021

Coronavirus live news: Hong Kong to impose local lockdown; EU seeking clarity from Pfizer over vaccine delays

Tens of thousands to be ordered to stay at home in Hong Kong; European Commission to question Pfizer over vaccine delivery delays …

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