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Posted on August 7, 2020

US Slaps Sanctions On Hong Kong Leader In New Offensive On China

In the most significant US action on Hong Kong since Beijing imposed a tough security law, the Treasury Department said it was freezing US assets of Chief Executive Carrie Lam and 10 other senior …

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Posted on August 7, 2020

China Ends Week Positive/Hong Kong Flat Despite Black Friday, WeChat Primer, And Week In Review

Would you believe that Mainland Chinese stocks ended the week up and Hong Kong ended the week basically flat? Friday was no bueno on Tencent’s WeChat, inexplicably drawing the ire of President Trump …

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Posted on August 7, 2020

US sanctions Chinese Communist Party leaders in Hong Kong over ‘policies of suppression’

The Trump administration slapped sanctions on 11 key government officials involved in implementing the Chinese Communist Party’s “national security law” in Hong Kong.

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Posted on August 7, 2020

China’s Baozun Picks Banks for Hong Kong Second Listing

(Bloomberg) — Chinese e-commerce service provider Baozun Inc. has selected banks for its planned second listing in Hong Kong, which could happen as soon as September, according to people familiar …

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Posted on August 7, 2020

Hong Kong Offers Universal Virus Testing, With Beijing’s Help

Initially a poster child for the battle against the coronavirus, Hong Kong has seen a third wave brought in by certain business and logistic arrivals that were exempted from the compulsory quarantine …

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Posted on August 7, 2020

Li Ka-shing’s Rags-To-Riches Story: How Hong Kong Billionaire Made His Fortune

Li Ka-shing is Hong Kong’s answer to Warren Buffett. The senior advisor to CK Hutchison Holdings and CK Asset Holdings has a net worth of $26.6 billion. Li started his empire modestly but through hard …

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Posted on August 7, 2020

Hong Kong’s MTR to delay new mall opening amid new coronavirus wave, CEO says

Lohas Mall’s phase one opening in Hong Kong will be postponed to a “better time” given current movement restrictions during the pandemic, says Mass Transit Railway Corporation CEO Jacob Kam.

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Posted on August 7, 2020

Steep discounts for Hong Kong foreclosed homes may portend property price slump

Some Hong Kong foreclosed homes have been recently sold at steep discounts, adding to signs that the world’s most expensive housing market could be heading for price declines both this year and next.

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Posted on August 7, 2020

Macau also tightens entry rules for HK visitors

Macau has tightened restrictions on people travelling from Hong Kong, saying people arriving there will now have to produce certificate to show that …

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Posted on August 7, 2020

Macau’s entry restrictions explained

The Hong Kong Special Administrative Region Government urges the public to ensure that they comply with Macau’s new COVID-19 nucleic acid test requirement before travelling there.

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