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Month: September 2020

Posted on 21/09/2020

Hong Kong Democrats Face Choice: Engage Beijing or Give Up Seats

Following China’s delay of Hong Kong’s legislative elections, opposition lawmakers face a defining choice: Keep playing by Beijing’s rules? Or quit and join the radicals in the streets? ( read original story ...)

Posted on 21/09/2020

HSBC ‘ignored warnings on US$80mn suspect payments’

HSBC has been accused of allowing international payments to accounts at its Hong Kong office that were linked to a suspected Ponzi scheme, despite ... ( read original story ...)

Posted on 21/09/2020

Hong Kong Opposition Splits Over Calls to Boycott Legislature

Following China’s delay of Hong Kong’s legislative elections, opposition lawmakers face a defining choice: Keep playing by Beijing’s rules? Or quit and join the radicals in the streets? ( read original story ...)

Posted on 21/09/2020

Relatives of 12 Hong Kong People Arrested by China Demand Access for Own Lawyers

Relatives of some of the 12 Hong Kong people arrested by China at sea last month demanded the city's government check on their condition and ensure that lawyers appointed by the families and not the ... ( read original story ...)

Posted on 21/09/2020

More new stocks please! The IPO market is getting hotter

With the presidential election looming and uncertainty growing about what will happen to the stock market and economy after that, private companies are racing to make their debuts on Wall Street. ( read original story ...)

Posted on 21/09/2020

FinCEN Files: HSBC moved Ponzi scheme millions despite warning

Britain's biggest bank moved the money through its US business to HSBC accounts in Hong Kong in 2013 and 2014. Its role in the $80m (£62m) fraud is detailed in a leak of documents - banks' "suspicious ... ( read original story ...)

Posted on 21/09/2020

Hong Kong third wave: educator says students should walk to school to avoid Covid-19 risks as they head back to classrooms this week

A veteran educator has recommended Hong Kong students walk to school when physical classes resume this week if the journey takes less than 45 minutes as a way to avoid crowded public transport during ... ( read original story ...)

Posted on 20/09/2020

Hong Kong bans Cathay Dragon flights from Kuala Lumpur and Air India after positive Covid-19 tests

Hong Kong has temporarily barred Cathay Dragon's Kuala Lumpur service and Air India from flying passengers to the financial hub after a number of passengers originating from India tested positive for ... ( read original story ...)

Posted on 20/09/2020

HSBC introduces dual currency transaction for debit cards

The new facility will offer cardholders greater flexibility and help them to carry out transactions with ease when travelling abroad ... ( read original story ...)

Posted on 20/09/2020

Hong Kong developers rebuild cash hoard to prepare for new opportunities amid biggest market correction in four years

Some of Hong Kong developers are building up their cash hoard by selling noncore assets, eyeing new opportunities and bargains amid the longest stretch of market correction since at least 2016. ( read original story ...)

Posted on 20/09/2020

Hong Kong’s first CBD cafe opens its doors to customers

Cannabis may be illegal in Hong Kong, but a new cafe is offering a range of food and drinks that contain parts of the cannabis plant without breaking any local laws. ( read original story ...)

Posted on 20/09/2020

A Hong Kong teenager’s death became a magnet for conspiracies, and exposed deep problems in how the city operates

The crowd recoiled as tear gas canisters rained down on them and riot police advanced up the street, carrying shields and batons. ( read original story ...)

Posted on 20/09/2020

HSBC and Standard Chartered fear new Trump China sanctions could freeze them out of dollar

Banks are exploring contingency plans amid concerns they could be shut out of the US banking system if Trump escalates dispute with China ... ( read original story ...)

Posted on 20/09/2020

Hong Kong fugitives held in mainland China ‘selected lawyers’ from list supplied by authorities across the border, city’s security chief reveals

Twelve local young fugitives detained in mainland China after being arrested while trying to flee to Taiwan have "selected lawyers" from a list approved by authorities across the border, Hong Kong's ... ( read original story ...)

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