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Month: August 2020

Posted on 15/08/2020

China Plans to Expand Digital Yuan Tests to Beijing, Hong Kong

China has outlined plans for further tests of its digital currency initiative, now aiming for trials in areas including Beijing and Hong Kong. ( read original story ...)

Posted on 15/08/2020

‘I do not trust the police’: Hong Kong minorities battle for equal treatment following suspect’s death in police custody

At around 5pm on May 7, Yau Tsim Mong district police officers subdued a man on Hong Kong’s Nathan Road in Tsim Sha Tsui for “five to seven minutes, a ... ( read original story ...)

Posted on 15/08/2020

‘Time is our weapon’: Hong Kong media tycoon Jimmy Lai speaks after arrest – video report

The media tycoon and prominent pro-democracy figure spoke to the Guardian's Helen Davidson after being arrested on suspicion of being in breach of Beijing’s national security law. ( read original story ...)

Posted on 15/08/2020

YouGov won’t do polling on Hong Kong security law

The British polling company YouGov has requested that several questions be dropped from a survey it was asked to conduct in Hong Kong, fearing it could fall foul of the new security law China has ... ( read original story ...)

Posted on 15/08/2020

Google slows handling of Hong Kong police requests as Beijing tightens control

Hong Kong authorities will have to use a new system to obtain information from Google through the U.S. Justice Department's Mutual Legal Assistance Treaty, according to the Post. ( read original story ...)

Posted on 15/08/2020

Google To Stop Accepting Data Requests From Hong Kong Authorities After New Law Passed

Following the passage of the controversial national security law by the mainland government in Beijing, Google has stopped accepting direct user data from authorities in Hong Kong, the Washington Post ... ( read original story ...)

Posted on 14/08/2020

Ant Group makes pre-listing filing in China for blockbuster IPO

Ant Group, the fintech arm of Chinese e-commerce company Alibaba Group Holding, has made a preparatory filing with China's securities regulator for its planned blockbuster initial public offering ... ( read original story ...)

Posted on 14/08/2020

Alibaba leads Hang Seng Index tilt toward technology stocks

Alibaba Group Holding, Xiaomi and pharmaceutical research group WuXi Biologics (Cayman) will be added to the Hang Seng Index next month, a milestone in the Hong Kong market's growing focus on Chinese ... ( read original story ...)

Posted on 14/08/2020

Alibaba, Xiaomi, WuXi Biologics win green light to join the Hang Seng Index on September 7

ETFs with US$20 billion tracking the Hang Seng Index will be able to invest in the tech behemoths with weighted voting rights or secondary listings, strengthening Hong Kong as a tech listing hub. ( read original story ...)

Posted on 14/08/2020

Alibaba joins HK stocks benchmark in changing of the guard

The compiler of Hong Kong’s Hang Seng stock index has added Alibaba to its list of constituents, as the equities benchmark shifts to accommodate tech giants from the mainland. Hang Seng Bank’s index ... ( read original story ...)

Posted on 14/08/2020

Jimmy Lai says his arrest under Hong Kong’s national security law is a ‘symbolic exercise’

Hong Kong media tycoon Jimmy Lai has called his arrest a "symbolic exercise" by local authorities to demonstrate that the sweeping national security law imposed by Beijing last month has "teeth." ... ( read original story ...)

Posted on 14/08/2020

Hong Kong Forecasts Record GDP Contraction For 2020, After GDP Shrinks 9% In Second Quarter

GDP contraction recorded in Hong Kong was 5.9% in 1998 Hong Kong’s unemployment rate jumped to 6.2% in the second quarter, the highest level in more than 15 years. Hong Kong’s government said its ... ( read original story ...)

Posted on 14/08/2020

Google stops responding directly to data requests from Hong Kong government

"As always, authorities outside the U.S. may seek data needed for criminal investigations through diplomatic procedures," Google said in an emailed statement. Google reviewed all requests for user ... ( read original story ...)

Posted on 14/08/2020

In Showdown Between China and the West, HSBC Gets Caught in the Middle

Global businesses are increasingly being asked to pick political and legal sides in the confrontation between the world’s two biggest economies. ( read original story ...)

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