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Tag: Hong Kong

Posted on August 5, 2020

Hong Kong business activity slumps further in July amid virus spike

HONG KONG (Xinhua): A private survey showed Wednesday (Aug 5) that the business activity contracted further in Hong Kong as the worsening Covid-19 epidemic weighed on business confidence. The …

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Posted on August 5, 2020

1MDB scandal: Hong Kong, Shenzhen also harbouring fugitives, Malaysia police chief says

China last week shot down the suggestion that Jho Low was hiding out in Macau, but Malaysia’s police of chief says they have evidence – and it’s not the only Chinese city on their hit list.

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Posted on August 5, 2020

In Hong Kong, Some Activists Fear Academic Freedom Will Suffer Under National Security Law

Chun received a letter from his university last week, he was shocked to find that he had been effectively fired.      Shiu, also a legislator, has taught social work at the Baptist University of Hong …

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Posted on August 5, 2020

Alibaba Health Raises $1.3 Billion in Hong Kong’s Biggest Secondary Share Sale in Five Years

Alibaba Health Information Technology has raised nearly $1.3 billion in Hong Kong’s largest follow-on share sale since 2015, and industry experts say this could prompt more firms to tap investors for …

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Posted on August 5, 2020

The Latest: Hong Kong sees 80 new COVID-19 cases, 4 deaths

Hong Hong has reported 80 new cases of COVID-19 and four additional deaths, while new cases in mainland China fell to just 27.

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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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