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Month: September 2020

Posted on 17/09/2020

U.S. Issues New Travel Warnings for Mainland China and Hong Kong Citing Risk of ‘Arbitrary Detention’

The U.S. on Tuesday issued a sweeping new advisory warning against travel to mainland China and Hong Kong, citing the risk of “arbitrary detention” and “arbitrary enforcement of local laws.” The ... ( read original story ...)

Posted on 17/09/2020

Former U.S. Amb. to China Claims Hong Kong Protesters ‘Went Too Far,’ Denies China Carrying Out Genocide of Uyghurs

A former U.S. ambassador to China claimed on Wednesday that the 1989 Tiananmen Square protests and the Hong Kong protests of 2019 "went too far," while also denying that China is engaged in a genocide ... ( read original story ...)

Posted on 17/09/2020

Hong Kong government raises loan cap for SMEs, extends repayment period to help them cope with coronavirus crisis

The maximum loan for SMEs has been doubled to 12 months of employee wages and rents, while the loan repayment period has been extended by two years. ( read original story ...)

Posted on 17/09/2020

Hong Kong burglars grab £400m of stamps and Mao relics

A Chinese philatelist has lost £400 million worth of rare stamps and historical memorabilia, including calligraphy by Chairman Mao, in a burglary in Hong Kong that is believed to be one of the biggest ... ( read original story ...)

Posted on 17/09/2020

UK PM Johnson Says Starting to See Chilling of Free Speech in Hong Kong

UK PM Johnson Says Starting to See Chilling of Free Speech in Hong Kong Johnson, speaking to a parliamentary committee, said: "You're starting to see a chilling of free speech ... You're starting to ... ( read original story ...)

Posted on 16/09/2020

Vacancy in Hong Kong’s storage facilities, warehouses and logistics real estate may double as retailers end leases, slash stock

The glut of storage space will further weigh on rental charges, which have already fallen between 4 per cent and 7 per cent in the first six months of the year, as Hong Kong’s first-half economy ... ( read original story ...)

Posted on 16/09/2020

Hong Kong and Chinese stocks fall slightly, as traders brace for US Fed meeting

The Hang Seng Index see-sawed for most of the day, closing less than 0.1 per cent lower at 24,725.63. The Composite Index fell 0.4 per cent. ( read original story ...)

Posted on 16/09/2020

3 reasons I’d buy HSBC shares right now

Motley Fool contributor Jay Yao explains why they have faith that HSBC shares could prove to be a bargain in the long term. ( read original story ...)

Posted on 16/09/2020

Swiss Photographer Not Responsible For Hong Kong Protest Assault: Lawyers

A Swiss photographer who closed a door on a Chinese mainlander moments before he was assaulted during last year's Hong Kong democracy protests should not be held responsible for the attack, his ... ( read original story ...)

Posted on 16/09/2020

Hong Kong formally objects to U.S. demand for ‘Made in China’ export label

Hong Kong has filed a formal objection with the United States over its demand for "Made in China" labels on goods exported from the Chinese semi-autonomous city, the commerce secretary said on ... ( read original story ...)

Posted on 16/09/2020

$500 million burglary nets stamps and calligraphy in Hong Kong

A brazen Hong Kong burglar made off with a collection of stamps and calligraphy worth a reported $500 million in a daylight heist, a police source said Wednesday. ( read original story ...)

Posted on 16/09/2020

Hong Kong shares close flat in cautious trade ahead of Fed meeting

BEIJING/SHANGHAI, Sept 16 (Reuters) - Hong Kong shares closed flat ... where the central bank is expected to keep interest rates low to support the pandemic-stricken economy. ** At the close of trade, ... ( read original story ...)

Posted on 16/09/2020

Investors should pay attention to company valuations in the Hong Kong IPO rush: Analyst

As more U.S.-listed Chinese companies get set to join the Hong Kong market, Joshua Crabb from Robeco warns investors must be selective about which listings to invest in. ( read original story ...)

Posted on 16/09/2020

StanChart CEO says Hong Kong is ‘very, very safe’ as global financial center

Standard Chartered Group CEO Bill Winters says Hong Kong continues to serve as a gateway for capital into and out of China, despite political tension between Beijing and Washington. ( read original story ...)

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