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Month: August 2020

Posted on 14/08/2020

Arrested media mogul predicts Hong Kong crackdown will subside to ‘appease the business people’

Jimmy Lai, the founder of pro-democracy Hong Kong newspaper Apple Daily, believes that recent arrests in the city, including his own, are likely more of an effort to chill dissent than an indication ... ( read original story ...)

Posted on 14/08/2020

Beike owner KE open to secondary Hong Kong or mainland listing after U.S. IPO

KE Holdings, operator of housing platforms Beike Zhaofang and Lianjia, is open to a secondary listing in Hong Kong or mainland China, after raising around $2 billion on Thursday in the biggest U.S. ( read original story ...)

Posted on 14/08/2020

Hong Kong freedom lovers deserve global support against Chinese Communist Party’s new Red Terror

The dramatic arrest of Hong Kong media tycoon Jimmy Lai and the invasive raid of Apple Daily, the pro-democracy newspaper he founded, this week signals the start of a new Red Terror for the formerly ... ( read original story ...)

Posted on 14/08/2020

China transformed Hong Kong into a typical mainland city, almost overnight

The two decades beginning in 1997, when Britain handed this territory to China, and ending when it became like every other mainland city, were Hong Kong’s best years, and my favorite. It was a proud, ... ( read original story ...)

Posted on 13/08/2020

Chinese firms flood into U.S. IPOs despite delisting threat

The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in ... ( read original story ...)

Posted on 13/08/2020

SoftBank-Backed AI Startup Is Said to Eye Hong Kong, China IPO

SenseTime Group Ltd., China’s largest artificial intelligence company, is exploring a dual listing in Hong Kong and China as it closes in on $1.5 billion of pre-IPO financing, according to people ... ( read original story ...)

Posted on 13/08/2020

Could JD.com’s share price rise 650% on Q2 earnings?

JD.com’s [JD] share price has reached new heights this year. The Chinese e-commerce giant’s Nasdaq-listed stock hit an intraday high of $69.18 on the 9 July, closing at $67.36 — representing an ... ( read original story ...)

Posted on 13/08/2020

How U.S. Sanctions on Hong Kong Could Leave Banks Caught in the Middle

In the latest round of punitive measures that the U.S. government has imposed on Hong Kong, the Trump Administration announced on Aug. 7 that it would sanction 11 high-ranking Hong Kong officials, ... ( read original story ...)

Posted on 13/08/2020

After Agnes Chow Is Arrested in Hong Kong, a ‘Mulan’ Meme Is Born

Supporters of Ms. Chow, a 23-year-old activist detained under Hong Kong’s national security law, flooded Twitter with images comparing her to the Chinese folk heroine. ( read original story ...)

Posted on 13/08/2020

Hong Kong media tycoon relieved he wasn’t sent to China

There were 15, 20 policemen there, and they said I was under arrest and that they were from the national security department,” the Hong Kong media tycoon recounted in a live-streamed video chat ... ( read original story ...)

Posted on 13/08/2020

Chinese Communist Party’s new Red terror in Hong Kong

The dramatic arrest of Hong Kong media tycoon Jimmy Lai and the invasive raid of Apple Daily, the pro-democracy newspaper he founded, this week signals the start of a new Red Terror for the formerly ... ( read original story ...)

Posted on 13/08/2020

Truth is, the national security law won’t hurt Hong Kong’s viability as a global financial centre

Critics are right to warn about the loss of some freedoms in Hong Kong and the possibility of a talent and capital flight. But many of its advantages remain – enough to safeguard the SAR’s status as a ... ( read original story ...)

Posted on 13/08/2020

Released tycoon Lai says Hong Kong needs patient, not radical, democracy campaign

Hong Kong media tycoon Jimmy Lai said on Thursday he was overwhelmed by the support he got after becoming the most high-profile person to be arrested under a new national security law and urged ... ( read original story ...)

Posted on 13/08/2020

China central bank issues 30 billion yuan of offshore bills: HKMA

China's central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority. ( read original story ...)

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