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Month: August 2020

Posted on 20/08/2020

Hong Kong: US suspends extradition treaty over national security law

The US has halted its extradition treaty with Hong Kong, the latest move to pressure Beijing after it imposed a controversial national security on the former British territory. It is just one of three ... ( read original story ...)

Posted on 20/08/2020

Hong Kong Cruise Ship Owner Suspends Payments to Creditors

A cruise ship operator controlled by Malaysian tycoon Lim Kok Thay plunged as much as 33% in Hong Kong after the company suspended all payments to creditors. ( read original story ...)

Posted on 20/08/2020

Op-Ed: China is desperate to stop Hong Kong’s pro-democracy movement. Now it’s even blaming foreign groups

Unable to put down Hong Kong's pro-democracy movement, Beijing is pretending the movement is the result of nefarious foreign influences. ( read original story ...)

Posted on 20/08/2020

Explainer: How sanctions on 11 Hong Kong officials could bite deep – even outside the US

The US Treasury Department on August 7 imposed sanctions on 11 officials or former officials from Hong Kong and mainland China, including Chief Executive Carrie Lam, for undermining Hong Kong’s ... ( read original story ...)

Posted on 20/08/2020

China Market Update: Typhoon Higos Shortens Hong Kong Trading As VIPS Releases Q2 Results

Asian equities were off in a slow summer session as US China political rhetoric weighed on sentiment regionally. President Trump announced that he called off last weekend’s virtual trade envoy meeting ... ( read original story ...)

Posted on 20/08/2020

Princeton students in Chinese politics class will use code names to protect their identities from Hong Kong national security law

The national security law China imposed on Hong Kong is affecting universities in the United States, The Wall Street Journal reports.Professors who teach classes related to China at schools like Princ ... ( read original story ...)

Posted on 20/08/2020

U.S. Suspends Bilateral Agreements With Hong Kong, Escalating Tensions With China

The actions are part of the Trump administration’s broader efforts to punish China for its attempts to stifle political dissent in Hong Kong. By Pranshu Verma WASHINGTON — The Trump administration on ... ( read original story ...)

Posted on 20/08/2020

Hong Kong banks must do more to reduce their impact on climate change, not just avoid risk

Building a resilient banking system is not the same as fostering environmental and social sustainability. For Hong Kong’s sustainable banking to live up to its name, more consideration should be given ... ( read original story ...)

Posted on 20/08/2020

US Cancels 3 Hong Kong Agreements, Citing Security Law

Secretary of State Mike Pompeo announced Wednesday the U.S. government is rescinding three agreements with Hong Kong because of the security law imposed by Beijing that threatens ... ( read original story ...)

Posted on 20/08/2020

US suspends extradition and tax agreements with Hong Kong

The Trump administration on Wednesday suspended or terminated three bilateral agreements with Hong Kong covering extradition and tax exemptions. The State ... ( read original story ...)

Posted on 20/08/2020

How Hong Kong’s finance sector is becoming more Chinese

The growing prominence of Chinese banks and the rising number of China-focused listings in Hong Kong point to the increasing 'mainlandisation' of the city's finance sector. The FT's Asia markets corre ... ( read original story ...)

Posted on 19/08/2020

Hong Kong and Shenzhen Stock Markets Lure U.S. Listings Back ‘Home’

Hong Kong's Exchange had record results due to secondary offerings by Nasdaq stocks, Shenzhen preps for tech startups to go public. ( read original story ...)

Posted on 19/08/2020

Hong Kong-Headquartered Neat Extends Its Series A Funding By $4 Mn

Hong Kong-headquartered Neat, a fintech company on Wednesday announced that it has raised $4 million, which is an extension to their $11 million Series A round closed four months ago. Existing ... ( read original story ...)

Posted on 19/08/2020

Camper and 70-year-old mum rescued after being trapped on remote island while Typhoon Higos lashes Hong Kong

A 38-year-old camper trapped on a remote islet with his elderly mother while their belongings were blown away by Typhoon Higos told Hong Kong rescuers he was unaware of the imminent storm as he had ... ( read original story ...)

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