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Tag: Hong Kong

Posted on August 5, 2020

Hong Kong Private Sector Weakens In July – Markit Economics

The private sector in Hong Kong continued to contract in July, and at a faster pace, the latest survey from Markit Economics showed …

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Posted on August 5, 2020

Banks snared by Hong Kong sanctions laws as US-China spat spirals

International banks in Hong Kong are caught in the crossfire of competing laws enacted by the United States and China as the superpowers clash over the city’s future, with analysts warning businesses …

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Posted on August 5, 2020

China vows retaliation if US continues ‘hostile actions’ against journalists

China promised Tuesday that they would take necessary actions against American journalists in Hong Kong, if the U.S. did not stop all “bullying” and grant visa extensions to U.S.–based Chinese …

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Posted on August 4, 2020

Li Ka-shing’s CK Asset makes first step in rescue of distressed Hong Kong developer Goldin as hostile creditors seize assets

Hong Kong’s most-famous billionaire Li Ka-shing has sent a top lieutenant to help rescue a cash-strapped developer in the first major blow-up and restructuring to unfold from the city’s property …

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Posted on August 4, 2020

Macau stocks on watch after new entry restriction

Authorities in Macau have tightened entry requirements for all arrivals Hong Kong by requiring all visitors provide a health certificate proving that they tested negative for COVID-19 within the …

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Posted on August 4, 2020

Lecturer says foreign students need clarity on ‘academic freedom’ after row over UNSW Hong Kong article

The article with director of Human Rights Watch, Elaine Pearson’s comments on China and Hong Kong is now reinstated on UNSW’s law faculty page The University of New South Wales needs to clarify for …

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Posted on August 4, 2020

China Sends Team to Hong Kong for Widespread Coronavirus Testing

The initiative marks the first time mainland health officials have assisted Hong Kong in its battle to control the epidemic. The city has reported around 3,500 coronavirus cases and 34 deaths since …

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Posted on August 4, 2020

Jittery Hong Kong authors seek Taiwan safety after security law

China’s new security law has cast a threatening shadow over Hong Kong’s dynamic book industry, with anxious publishers combing through back catalogues for potentially “subversive” material, and …

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Posted on August 3, 2020

Tradewind Finance Leverages International Capabilities to Fund Consultancy Firm in Hong Kong in Local Currency, HKD

Tradewind Finance, in a deal debuting their funding capabilities for another local currency, has provided a factoring facility in HKD for a consultancy firm based in Hong Kong that provides financial …

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Posted on August 3, 2020

Why Investors Keep Losing Money Betting Against the Hong Kong Dollar Peg

For years, macro hedge fund managers have been stalking the Hong Kong dollar. Since 1983, the currency has been pegged at around 7.75 per U.S. dollar, and it basically has never budged from that. But …

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