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Tag: Hong Kong

Posted on June 2, 2020

China’s NetEase Kicks Off $3.2 Billion Hong Kong Offering

NetEase has officially launched a long-rumored second offering in Hong Kong, seeking to raise up to 24.5 billion Hong Kong dollars ($3.2 billion) as it prepares to expand globally.

( read original story …)



Posted on June 2, 2020

New iOS Update Brings Hong Kong-Specific Features To iPhone And Apple Watch

Apple’s newest iOS update (version 13.5.1) brings two new features that are specific for Hong Kong users. The first is Apple Wallet support for Octopus, the contact-less digital payment card that is …

( read original story …)



Posted on June 2, 2020

Beijing is unlikely to target U.S. investors in retaliation, Hong Kong lawmaker says

Any counter measures that China lobs back in retaliation for the U.S. revoking Hong Kong’s special status will not likely to hurt American investors, according to Regina Ip.

( read original story …)



Posted on June 2, 2020

Hong Kong Investor David Webb Says City Is Facing ‘Brain Drain’

More talented workers are likely to leave Hong Kong if China imposes a vaguely worded national security law on the financial hub, according to one of the city’s most prominent investors.

( read original story …)



Posted on June 2, 2020

‘It doesn’t seem logical,’ says Hong Kong official on U.S. threat to remove city’s trade status

“It doesn’t seem logical” for the U.S. to hurt its own business interests while trying to “harm” Hong Kong, says Edward Yau, Hong Kong’s secretary for commerce and economic development, in response to …

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Posted on June 2, 2020

New coronavirus cases in Hong Kong raise concerns of local cluster

A cluster of nine coronavirus cases raised concerns in Hong Kong over renewed local transmission in a city that has been one of the most successful in keeping the pandemic under control.

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Posted on June 2, 2020

Hong Kong leader calls out ‘double standards’ on national security, points to U.S.

“In the U.S., we see how the riots were being handled by the local governments, compared to the stance they adopted when almost the same riots happened in Hong Kong last year,” Hong Kong leader Carrie …

( read original story …)



Posted on June 2, 2020

Taiwan remains sanguine despite Beijing sabre-rattling

If Hong Kong falls, we don’t know what’s going to be next — it might be Taiwan,” Joseph Wu, the country’s foreign minister, said in an interview with Fox News last week, referring to the new security …

( read original story …)



Posted on June 2, 2020

Singapore’s Record Deposits Seen Signaling Risk Aversion

A jump in Singapore bank deposits probably reflects investors’ risk aversion and inflows from markets including Hong Kong given the country’s status as a private banking hub, according to Bloomberg …

( read original story …)



Posted on June 2, 2020

Singapore Election Focus, Hong Kong Probes Cluster: Virus Update

Singapore’s approach to the virus is set to become a defining issue in upcoming elections as the economy began a phased reopening Tuesday. Hong Kong authorities are concerned about a new cluster of …

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