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Month: August 2019

Posted on 17/08/2019

Hong Kong tense as weekend of protests begins with teachers’ rally in rain

HONG KONG (Reuters) - Over a thousand Hong Kong school teachers braved thunderstorms on Saturday to start a weekend of anti-government demonstrations that some activists fear could see tougher ... ( read original story ...)

Posted on 17/08/2019

Airline CEO resigns over staff involvement in Hong Kong protests

Business analysts are beginning to worry that Hong Kong, considered one of the top financial capitals of the world, may be in trouble if the unrest continues. “We’re under a lot of pressure at this ... ( read original story ...)

Posted on 17/08/2019

Hong Kong protests: ‘We don’t want to leave but may have no choice’

Hong Kong seemed an obvious place for co-founders Jamie Wilde and Taylor Host to set up their artificial intelligence start-up. They had lived there for several years and knew the financial hub well. ... ( read original story ...)

Posted on 17/08/2019

Hong Kong protests and Brexit could both end up benefiting financial elites

Protests in Hong Kong have captured the world’s attention in recent weeks, with demonstrators closing streets and the airport, and Chinese forces amassing near the border with a none too subtle threat ... ( read original story ...)

Posted on 17/08/2019

Hong Kong on brink of recession as trade war, political protests escalate

Hong Kong's leader Carrie Lam said last week the economic impact on the city threatened to be worse than the 2003 SARS outbreak or the 2008 financial crash, both of which triggered sharp downturns. ( read original story ...)

Posted on 17/08/2019

China’s investors are piling into Hong Kong shares via Stock Connect channel in the longest shopping spree in 18 months

Hong Kong stocks currently trade at a 23 per cent discount to the mainland-traded shares, the biggest for such a price gap in almost one and a half years, according to a gauge compiled by the Hang ... ( read original story ...)

Posted on 17/08/2019

Hong Kong Protesters Try to Start a Run on the Banks and the Currency

I wrote in my last column about how China has devised a new way of putting pressure on the Hong Kong democracy protests: by getting business to do its bidding. It seems two can play at that game ... ( read original story ...)

Posted on 16/08/2019

Canadian expats consider leaving Hong Kong amid political turmoil, safety concerns

who lives in Hong Kong with his family, told CBC News Network. "I think the biggest concern right now is we're not too certain about what is going to happen, how the Hong Kong government is going to ... ( read original story ...)

Posted on 16/08/2019

How Beijing wages its media assault on the credibility of the Hong Kong protesters

Chinese state-run news outlets promptly posted edited video of the attack, labelling the protesters as "rioters" who "tortured and humiliated" the man. One outlet called the demonstrators "street ... ( read original story ...)

Posted on 16/08/2019

Hong Kong property market withstands unrest that roiled economy

HONG KONG (BLOOMBERG) - On a sweltering Sunday afternoon in Hong Hong's Sha Tin district, not long before police battled protesters with tear gas and rubber bullets in several locations nearby, eager ... ( read original story ...)

Posted on 16/08/2019

Alibaba and the $15 billion question: Amid Hong Kong’s protests, when to list?

Not a word was mentioned by Alibaba on the Hong Kong listing when it released estimate-beating earnings on Thursday. HONG KONG: Hong Kong's political unrest is posing a dilemma for Alibaba Group ... ( read original story ...)

Posted on 16/08/2019

Investors Are Worrying About Hong Kong Banks as Protests Roll On

Photographer: Kyle Lam/Bloomberg Photographer: Kyle Lam/Bloomberg Investors are getting anxious about the impact anti-government demonstrations are having on Hong Kong’s banks. “Things will be going ... ( read original story ...)

Posted on 16/08/2019

Hong Kong protests: The evolution of a movement

Hong Kong (CNN)In recent weeks ... the weekend rallies were relatively small and peaceful. However, since the start of June, protesters and police have clashed on multiple occasions. ( read original story ...)

Posted on 16/08/2019

Hong Kong stock market still falling on protracted protests

The Hang Seng Index fell 2.1% to 25,281.30 points on ... Local interbank rates have not moved much but a key gauge of cash levels in Hong Kong, banks’ aggregate balances held with the central bank, ... ( read original story ...)

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