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Month: June 2020

Posted on 09/06/2020

Jailed ex-Hong Kong official Patrick Ho set to be released after finishing sentence in US for bribery and money laundering

Disgraced former Hong Kong minister Patrick Ho Chi-ping is expected to be released from a New York prison on Monday (US time), after serving a jail term over a multimillion-dollar scheme to bribe top ... ( read original story ...)

Posted on 08/06/2020

HSBC’s Decision to Side With China Over Hong Kong Was a Year in the Making

After a century and a half trying to steer a neutral course through the messy geopolitics of east versus west, HSBC has signaled its support for China over the future of Hong Kong. ( read original story ...)

Posted on 08/06/2020

Chinese official suggests Hong Kong should behave to keep high autonomy beyond 2047

A Chinese official suggested on Monday that the degree of autonomy that Hong Kong would have when the post-colonial agreement on its status runs out in 2047 could depend on how the protest-hit city ... ( read original story ...)

Posted on 08/06/2020

Hong Kong security law like ‘anti-virus software’: Beijing official

A sweeping national security law that will soon be imposed on Hong Kong will be "like installing anti-virus software", a top Beijing official said Monday, in a speech that warned democracy protesters ... ( read original story ...)

Posted on 08/06/2020

Jinke Picks Banks for Unit’s $500 Million Hong Kong IPO

Shenzhen-listed Jinke Properties Group Co. has picked banks for the Hong Kong initial public offering of its property management unit, which could raise at least $500 million, according to people ... ( read original story ...)

Posted on 08/06/2020

Hong Kong relaxes quarantine rules for largest listed firms such as Tencent and Alibaba

Hong Kong has relaxed its 14-day quarantine rule for executives of 480 of the largest companies listed in the city, its newly appointed secretary for financial services and the treasury ... ( read original story ...)

Posted on 08/06/2020

Hong Kong relaxes virus quarantines for big company executives

Authorities in the semi-autonomous territory said on Monday that senior employees at the largest listed companies on its stock exchange could apply for exemptions from mandatory quarantines when ... ( read original story ...)

Posted on 08/06/2020

Hong Kong activist investor David Webb to step back for health reasons

Hong Kong activist investor David Webb has said he will step back from posting his widely read critiques of companies and the city's government after being diagnosed with prostate cancer. ( read original story ...)

Posted on 08/06/2020

HK residents rush for offshore bank accounts on China law worries: sources

Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a ... ( read original story ...)

Posted on 08/06/2020

Hong Kong Disneyland and Ocean Park To Reopen Shortly

Theme parks, Hong Kong Disneyland and Ocean Park are to reopen shortly, it was announced Monday. The parks, both government-owned, have been closed since late January due to the spread of the ... ( read original story ...)

Posted on 08/06/2020

Hong Kong Economy May Recover in 4Q, Financial Secretary Says

Hong Kong Financial Secretary Paul Chan says revival of the economy, which remains mired in recession amid pro-democracy protests and then by the coronavirus outbreak, depends on the pandemic ... ( read original story ...)

Posted on 08/06/2020

China’s JD.com To Raise $4.1 Billion With Second Listing In Hong Kong

Chinese e-commerce giant JD.com is seeking to raise HK$31.4 billion ($4.05 billion) through a second listing in Hong Kong, joining fellow tech companies including Alibaba and NetEase in choosing the ... ( read original story ...)

Posted on 08/06/2020

NetEase prices its $2.7 billion listing in Hong Kong with shares to start trading on June 11

NetEase has priced its upcoming secondary listing in Hong Kong at $123 Hong Kong dollars per share. The Chinese internet giant will issue 171,480,000 new ordinary shares as part of its offering, which ... ( read original story ...)

Posted on 08/06/2020

Why Hong Kong’s Untold History of Protecting Refugee Rights Matters Now

The greater respect for human rights and the rule of law that distinguishes this former British colony from mainland China stems, in part, from a little known chapter of Hong Kong’s history. ( read original story ...)

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