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Month: May 2020

Posted on 15/05/2020

China IPO Stages Stellar Hong Kong Debut Amid Biotech Craze

A Chinese medical devices provider surged 74% in its Hong Kong trading debut on Friday in the best opening performance this year for an initial public offering over $50 million. ( read original story ...)

Posted on 15/05/2020

Hong Kong shop offers ‘tear gas’ flavor ice cream

Tear gas is among the new flavors at a Hong Kong ice cream shop. The main ingredient is black peppercorns, a reminder of the pungent, peppery rounds fired by police on ... ( read original story ...)

Posted on 15/05/2020

Awkward greetings and long queues as Hong Kong’s financiers return to work

The greetings are awkward and the skyscraper lifts half-empty. But Hong Kong's cafes are filling and taxis are harder to find as the first wave of financial professionals return to their offices after ... ( read original story ...)

Posted on 15/05/2020

Hong Kong Anthem Bill Perfectly Reasonable

The bill does not aim to limit the rights and freedoms of people, but rather to provide guidance on the use of the national anthem. ( read original story ...)

Posted on 15/05/2020

China Unveils Financial Support to Tie Hong Kong, Macau Closer

China’s financial regulators unveiled a sweeping plan to facilitate cross-border transactions and investments between Hong Kong, Macau and cities in southern China as part of the government’s ambition ... ( read original story ...)

Posted on 15/05/2020

Here’s What Kato (Hong Kong) Holdings Limited’s (HKG:2189) P/E Ratio Is Telling Us

Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll apply a basic P/E ratio analysis to Kato (Hong Kong) Holdings Limited's , to ... ( read original story ...)

Posted on 15/05/2020

Local Hong Kong-style ice cream shop reopens after closing because of ‘ignorant’ comments

While other restaurants and coffee shops were reopening for curbside orders in March, Kuma San Antonio kept its doors closed due to the "ignorant" and "ugly" comments that threatened the safety of its ... ( read original story ...)

Posted on 14/05/2020

Three arrested in Hong Kong over laundering of HK$54 million scammed from 15 people

Three men were arrested on Thursday over the laundering of HK$54 million (US$7 million) that police said was conned out of 15 Hongkongers, including a 76-year-old woman who lost HK$25 million. The ... ( read original story ...)

Posted on 14/05/2020

China central bank outlines financial co-operation in Greater Bay Area

The People's Bank of China published a list of guidelines on Thursday aimed at connecting financial markets and services in the southern 'Greater Bay Area' linking the mainland with semi-autonomous ... ( read original story ...)

Posted on 14/05/2020

Hong Kong’s Economic Crisis Just Keeps Getting Worse

On the ninth floor of a building near Hong Kong’s old Kai Tak airport, Kung Fu master Lam Shu-shing teaches the Wing Chun technique to students, something he’s been doing since 1978. A banner on the ... ( read original story ...)

Posted on 14/05/2020

Student backlash prompts McMaster University to remove Hong Kong Police Force job postings

McMaster University removed two job postings for positions with the Hong Kong Police Force advertised to students after complained the advertisements made the school complicit with police brutality in ... ( read original story ...)

Posted on 14/05/2020

Hong Kong shares end 1.5% lower as hopes for quick economic recovery fade

Hang Seng index ends down 1.45% China Enterprises index HSCE falls 1.51% HSI financial sector sub-index is 1.6% lower; property sector down 2% ... ( read original story ...)

Posted on 14/05/2020

Hang Seng follows Wall Street down on worries about global economy; China Literature, SMIC soar in Hong Kong

Tencent beat first-quarter expectations, prompting a bullish call by Daiwa Capital Markets for the internet giant’s shares to rise to HK$515 – a 20 per cent jump from Wednesday’s close. ( read original story ...)

Posted on 14/05/2020

China’s central bank sells 30 bln yuan offshore bills

The People's Bank of China issued 30 billion yuan ($4.2 billion) of offshore bills in Hong Kong on Thursday, the Hong Kong Monetary Authority announced on its website. ( read original story ...)

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