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Month: August 2020

Posted on 21/08/2020

Hong Kong Justice Secretary’s Standard Chartered mortgage is under scrutiny as US sanctions on city officials sever banking ties

Two of the seven Hong Kong officials sanctioned by the United States government have outstanding mortgages held with international banks, obligations which are coming under scrutiny as financial ... ( read original story ...)

Posted on 21/08/2020

After dining ban, takeaway waste clogs Hong Kong’s pavements, parks and waterways

A deluge of trash from takeaway containers and disposable cutlery is clogging the streets and parks of Hong Kong as coronavirus restrictions on dining in restaurants eat away at the city's capacity to ... ( read original story ...)

Posted on 21/08/2020

Covid-19 cases expected to drop again in Hong Kong, as government prepares to announce plans for citywide testing

Hong Kong continues to see a declining trend in coronavirus cases, with about 28 cases expected on Friday, according to medical sources. The latest figures come ahead of the launch of citywide testing ... ( read original story ...)

Posted on 21/08/2020

Huawei’s war, Chinese banks in Hong Kong, and the future of office workers

Huawei employees are becoming increasingly worried about lay-offs after the US announced “death sentence” sanctions, Hong Kong investment bankers employed by Chinese groups are on track to outnumber ... ( read original story ...)

Posted on 21/08/2020

Asia Pacific stocks edge higher; Alibaba’s Hong Kong stock dips despite quarterly revenue jump

Hong Kong-listed shares of Chinese tech giant Alibaba will be watched after the firm on Thursday announced a 34% on-year increase in revenue in the quarter ended June 30. ( read original story ...)

Posted on 21/08/2020

Evictions Loom for Hong Kong Retailers Offered Little Relief

Retailers everywhere are feeling the pinch from the pandemic, though none quite as much as shop owners in Hong Kong like Don Leung. ( read original story ...)

Posted on 21/08/2020

Hong Kong third wave: schools to hold placement test for their cross-border students in Shenzhen

Hundreds of Hong Kong pupils living in Guangdong province will be allowed to take tests locally to determine which of the city's secondary schools they will attend, as most were unable to return ... ( read original story ...)

Posted on 21/08/2020

Evictions Loom for Hong Kong Retailers With Little Rent Relief

Retailers everywhere are feeling the pinch from the pandemic, though none quite as much as shop owners in Hong Kong like Don Leung. ( read original story ...)

Posted on 21/08/2020

Hong Kong shows the world the terrible truth about communist China

"We must all hang together, or, most assuredly, we shall all hang separately." Those were the words of Benjamin Franklin, urging his fellow Americans in the 13 Colonies to stay united, in the ... ( read original story ...)

Posted on 21/08/2020

The Effects of Hong Kong’s National-Security Law Are Already Clear

Just a few weeks after China’s imposition of a new “national-security law” on Hong Kong, we can already see the law’s effects: It has emboldened the Chinese Communist Party (CCP) to suppress dissent, ... ( read original story ...)

Posted on 21/08/2020

Jack Ma’s Ant Group Produces $3.5 Billion Profit in Six Months as IPO Looms

The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)

Posted on 21/08/2020

Jack Ma’s Ant Group Posts $3.5 Billion Profit in Six Months Ahead of IPO

The Chinese financial-technology giant backed by billionaire Jack Ma earned roughly $3.5 billion over a recent six-month period, showing how lucrative the company’s business has been as it gears up ... ( read original story ...)

Posted on 21/08/2020

US Ends Trio of Legal, Financial Pacts with Hong Kong

The Trump administration has suspended or terminated three bilateral agreements with Hong Kong in its latest response over the new national security law imposed on the semi-autonomous city by China. ( read original story ...)

Posted on 21/08/2020

Pandemic Hits Insurer AIA Group’s New Business in Hong Kong, China

Hong Kong-based insurer AIA Group Ltd. on Thursday reported a 37% fall in new business for the first half of the year, as the COVID-19 pandemic dented ... ( read original story ...)

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