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Tag: Hong Kong

Posted on September 16, 2020

Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center

“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters.

( read original story …)



Posted on September 16, 2020

Standard Chartered CEO says Hong Kong is ‘very, very safe’ as banking center

“The fact is Hong Kong is sitting here as the gateway to China for capital into China and out of China. That’s only become more clear,” said StanChart’s CEO Bill Winters.

( read original story …)



Posted on September 15, 2020

Hong Kong social enterprises on the brink after protests, COVID-19

A quarter of Hong Kong’s social enterprises could go out of business by the end of the year, according to a new poll, threatening the jobs of hundreds of employees as the coronavirus pandemic takes a …

( read original story …)



Posted on September 15, 2020

Chinese companies are showing signs of returning to Hong Kong’s offices and executive apartments, boding well for city’s real estate

As Asia’s third-largest capital market, Hong Kong is where hundreds of mainland Chinese companies go to raise capital, and where thousands of multinational companies locate their regional head offices …

( read original story …)



Posted on September 15, 2020

Hong Kong’s controversial Lantau land-reclamation scheme could wipe out city’s fiscal reserves in less than a decade, economist says

An economist and an environmental group have thrown cold water on Hong Kong’s ambitious plan to build artificial islands off Lantau to serve as a new housing and business hub, saying the project would …

( read original story …)



Posted on September 15, 2020

State Department lowers China travel advisory but warns of ‘arbitrary detentions and exit bans’

At the same time, the State Department warned Americans about “arbitrary detention” and “arbitrary enforcement of local laws” in China and Hong Kong.

( read original story …)



Posted on September 15, 2020

Coronavirus: more bad news for Hong Kong’s battered tourism sector, with August arrivals down nearly 80 per cent from July

The August arrival figures represent a 99.9 per cent year-on-year drop, while arrivals from the mainland were also down some 60 per cent from the month before.

( read original story …)



Posted on September 15, 2020

Businesses Make Deeper Cuts; Hong Kong Stimulus: Virus Update

Citigroup Inc., Qantas Airways Ltd. and Singapore’s United Overseas Bank Ltd. joined companies worldwide making deeper cost cuts, from property and equipment to staff and pay, as the pandemic persists …

( read original story …)



Posted on September 15, 2020

U.S. again issues wide-ranging warnings against travel to China and Hong Kong

At a time of heightened tensions between Washington and Beijing, U.S. says its citizens face the risk of “arbitrary detention” and “arbitrary enforcement of local laws” there.

( read original story …)



Posted on September 15, 2020

ASTRI and the University of Hong Kong to nurture FinTech talent of the future

The Hong Kong Applied Science and Technology Research Institute (ASTRI) has today signed a Memorandum of Understanding (MOU) with the University of Hong Kong (HKU), a commitment to nurturing the …

( read original story …)



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