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Tag: Hong Kong

Posted on September 4, 2020

Hong Kong financial firms step up compliance hiring amid U.S. sanctions, security law

Financial firms in Hong Kong are scrambling to fortify their compliance operations following U.S. sanctions and China’s new national security law, even as the sector pushes to cut costs amid the …

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Posted on September 4, 2020

Fast-food chain Yum China to raise over $2bn in Hong Kong listing

Yum China is set to price its secondary offering in Hong Kong at a slight discount to its US share price, putting the fast food-chain operator on track to raise more than $2bn. The company, which is …

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Posted on September 4, 2020

U.N. experts decry Hong Kong security law in letter to China

U.N. human rights experts have told China a new security law for Hong Kong “infringes on certain fundamental rights” and voiced concerns that it could be used to prosecute political activists in the …

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Posted on September 4, 2020

Yum China to raise $2.2 billion in Hong Kong secondary listing

The company had flagged it would sell 41.91 million shares in the deal and the price is a 4.8% discount to the stock’s Thursday closing price of $55.92 in the U.S.

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Posted on September 4, 2020

New China law a ‘serious risk’ to Hong Kong’s freedoms: UN experts

China’s national security law for Hong Kong poses a serious risk to the city’s freedoms and breaches international legal obligations, UN special rapporteurs on human rights have warned.

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Posted on September 3, 2020

Video: Hong Kong national security law leaves ‘Lennon Walls’ in restaurants blank, protest posters out

https://www.scmp.com/video/hong-kong/3092389/hong-kong-national-security-law-leaves-lennon-walls-restaurants-blank Get the latest insights and analysis from our Global Impact newsletter on the big …

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Posted on September 3, 2020

In spite of strict cannabis laws, Hong Kong’s first CBD cafe is open for business

Though cannabis remains illegal in Hong Kong, one cafe owner is leading the way in the emerging CBD market. Here’s how Found has managed to skirt the city’s strict cannabis laws.

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Posted on September 2, 2020

US stands with Hong Kong

While the world was distracted, Beijing escalated its threats against Hongkongers, eroded their autonomy, and removed their civil liberties. The newly implemented security law, which makes secession, …

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Posted on September 2, 2020

Hong Kong’s public space problem

When Hong Kong tried to tackle its third wave of Covid-19 by banning diners from inside restaurants, authorities quickly encountered a problem. Some people had nowhere else to go. Photos started …

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Posted on September 2, 2020

Uber Seeks Hong Kong Govt Meeting After Court Defeat

Hong Kong was one of the first international cities Uber moved into as it rapidly expanded outside the United States. But for the past six years it has operated in a legal grey area with the …

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