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Month: June 2020

Posted on 17/06/2020

Hong Kong Stock Market Predicted To Open In The Green

BOC Hong Kong was up 1.90 percent, Industrial and Commercial Bank of China collected 1.39 percent, China Mengniu Dairy advanced 1.37 percent, New World Development added 1.32 percent, Power Assets ... ( read original story ...)

Posted on 17/06/2020

HKMA sells $288 mln in Hong Kong dollars as currency hits strong end of trading band

The Hong Kong Monetary Authority sold HK$2.232 billion ($288 million) worth of Hong Kong dollars during New York trading hours after the currency hit the strong end of its trading band, according to ... ( read original story ...)

Posted on 17/06/2020

Asian Stocks Set for Mixed Start; Treasuries Drop: Markets Wrap

Asian stocks looked set for a mixed start Wednesday as investors weighed evidence of a U.S. economic recovery against lingering concern over further coronavirus outbreaks. The dollar rose. ( read original story ...)

Posted on 17/06/2020

Hong Kong businesses see positive impact of national security law, worry most about foreign sanctions, chamber survey shows

Hong Kong's business community, backed by some of its famous billionaires, is upbeat on the benefits of a national security law for the city, according to an industry survey, while expressing concerns ... ( read original story ...)

Posted on 17/06/2020

China Broke Treaties Trying to Control Hong Kong More, Says Ambassador Craft

China’s push to assert more control over Hong Kong is a human rights issue worthy of debate at the United Nations, U.S. Ambassador to the UN Kelly Craft said. She spoke to Bloomberg's Shery Ahn on ... ( read original story ...)

Posted on 17/06/2020

Hong Kong leader says opponents of security law are “enemy of the people”

Hong Kong leader Carrie Lam on Tuesday urged opponents of Beijing's plan to impose national security legislation in the financial hub to stop "smearing" the effort, saying those who did were "the ... ( read original story ...)

Posted on 17/06/2020

China’s Plan to Take Charge of ‘Serious’ National Security Cases in Hong Kong Sparks Concern

China will take charge of “serious” cases in Hong Kong that breach national security, a senior Chinese official said Tuesday as Beijing prepares to impose new national security laws in the city.  ... ( read original story ...)

Posted on 17/06/2020

Hong Kong to allow gatherings of up to 50 people as COVID-19 curbs ease

Hong Kong will let groups of up to 50 people meet from Friday, easing an earlier limit of eight people, after reporting only a small number of coronavirus cases in recent weeks, Health Secretary ... ( read original story ...)

Posted on 17/06/2020

What Is China up to in Hong Kong? | Opinion

It is imperative that the U.S. fully understand the motivations behind China's recent aggression in Hong Kong. ( read original story ...)

Posted on 16/06/2020

Investment bank says Hong Kong stock market will lure up to 31 Chinese companies listed on U.S. exchanges

The news comes a few days after U.S. legislators passed a law tightening rules around Confucius Institutes, which promote Chinese language and culture around the world. ( read original story ...)

Posted on 16/06/2020

Hong Kong banks see profit growth in 2019 despite challenges; an increased focus on costs set to continue, finds KPMG report

Hong Kong's banking sector showed resilience in 2019 despite a challenging year for the overall economy. The industry will need to manage ... ( read original story ...)

Posted on 16/06/2020

Hong Kong chief calls opponents “enemy of the people”

World News Hong Kong chief calls opponents "enemy of the people" Posted . Hong Kong leader Carrie Lam on Tuesday urged opponents of Beijing's plan to impose national security legi ... ( read original story ...)

Posted on 16/06/2020

Former Hong Kong envoy chosen as new British ambassador to China

Britain has appointed a former top envoy to Hong Kong during the "umbrella movement" as its next ambassador to China, a move that comes as London hardens its stance on Beijing amid the row over its ... ( read original story ...)

Posted on 16/06/2020

Hong Kong government is ‘driving away’ the city’s best and brightest, says author

Hong Kong's government is effectively "driving away" the"best and brightest" among the city's young, professional middle-class workforce, who not only support the anti-government protests the most but ... ( read original story ...)

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