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Month: May 2020

Posted on 08/05/2020

Asia virus latest: S. Korea football kicks off, Hong Kong eases curbs

League is the first competition of any standing to come back to life, watched by sport-starved fans in a swathe of foreign countries. Hong Kong began to ease major social distancing measures with bars ... ( read original story ...)

Posted on 08/05/2020

Hong Kong Gyms, Bars And Cinemas Reopen As Virus Measures Ease

Hong Kong on Friday began to ease major social distancing measures with bars, gyms, beauty parlours and cinemas reopening their doors after the financial hub largely halted local transmissions of the ... ( read original story ...)

Posted on 08/05/2020

Kingsoft IPO raises $510M, in first China IPO in US since coronavirus outbreak

Chinese cloud computing company Kingsoft Cloud Holdings Ltd raised $510 million in its U.S initial public offering, the first Chinese company to list in the United States since the coronavirus ... ( read original story ...)

Posted on 08/05/2020

China, Hong Kong stocks climb as Beijing opens financial markets further

China and Hong Kong stocks rallied on Friday after Beijing further opened up its financial markets to foreign investors and as talks between U.S. and Chinese trade officials lifted sentiment. ** At ... ( read original story ...)

Posted on 08/05/2020

Hong Kong Bourse Likely To Reclaim 24,000-Point Mark

The Hong Kong stock market on Thursday snapped the two-day winning streak in which it had gathered more than 520 points or 2.2 percent. The Hang Seng Index now sits just above the 23,980-point plateau ... ( read original story ...)

Posted on 08/05/2020

Hong Kong Economic Slowdown Won’t Peak Anytime Soon, Says AllianceBernstein Economist

Mo Ji, chief economist Greater China at AllianceBernstein Hong Kong Limited, discusses the economic impact of the coronavirus pandemic on Hong Kong and mainland China. She spoke on the March 2, 2020 ... ( read original story ...)

Posted on 08/05/2020

Hong Kong records 4 new COVID-19 infections in Pakistan returnees

Following a two-day streak without any new cases, Hong Kong has recorded four new COVID-19 infections among a group of residents who returned from Pakistan yesterday. The total number of COVID-19 ... ( read original story ...)

Posted on 08/05/2020

Bank of England Predicts Worst Contraction Since 1706

The Bank of England also revealed a bleak outlook for the country in its May Monetary Policy report, its first since the outbreak. It expects the economy to contract by 25% and the unemployment rate ... ( read original story ...)

Posted on 08/05/2020

In A Surprise, Hong Kong Stock Exchange Announces Chief Executive’s Departure Plan

"Wisdom, rationale, and reason will ultimately prevail" in Hong Kong, HKEX Chief Exchange Charles Li said in a recent interview with Forbes China. ( read original story ...)

Posted on 07/05/2020

Hong Kong Seizes Record-Breaking Haul of Smuggled Shark Fin

Hong Kong has seized a record-breaking 26 metric tons of illegally smuggled shark fins severed from about 38,500 endangered predators, officials announced. The semi-autonomous Chinese city revealed ... ( read original story ...)

Posted on 07/05/2020

Hong Kong exchange chief to step down after failed LSE bid

In a statement on Thursday, Hong Kong Exchanges and Clearing said Charles Li “would not seek” reappointment as chief executive when his current contract expires in October 2021. HKEX has put a ... ( read original story ...)

Posted on 07/05/2020

Combating coronavirus: UAE’s response to Covid-19 rated among the best

The survey assessed across four key performance indicators of national political leadership, corporate leadership, community and media. ( read original story ...)

Posted on 07/05/2020

US to delay Hong Kong report to see if China ‘further undermines’ autonomy

Delay comes after Beijing’s highest office in Hong Kong referred to city’s protesters as ‘virus’ that must be eradicated ... ( read original story ...)

Posted on 07/05/2020

Hong Kong Customs Seize 38,500 Endangered Shark Fins

Hong Kong has seized 26 tonnes of smuggled shark fins, sliced from some 38,500 endangered animals, in the largest bust of its kind in the southern Chinese city. The record haul was discovered in two ... ( read original story ...)

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