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Month: September 2020

Posted on 08/09/2020

Chinese Bottled-Water Giant Surges in Hong Kong Debut

Stock in China’s top bottled-water company closed 54% higher on its first day of trading in Hong Kong, after investors thirsty for new stock sales placed nearly $150 billion of orders for a $1.1 ... ( read original story ...)

Posted on 08/09/2020

Many Hong Kong bars won’t survive Covid-19 business ban for much longer, trade group warns

Trade group says many of city’s 1,280 bars and pubs will be lucky to stay afloat for another month without reopening their doors. ( read original story ...)

Posted on 08/09/2020

Outcry in Hong Kong After Police Tackle 12-Year-Old Girl

Children’s rights groups started a petition demanding a public apology from the police force and an investigation over the girl’s treatment. ( read original story ...)

Posted on 08/09/2020

Hong Kong police defend tackling 12-year-old girl to the ground

After video of officers pinning the girl to the pavement amid protests went viral, police have reportedly claimed she was acting "suspicious." ... ( read original story ...)

Posted on 08/09/2020

Hong Kong activist charged under archaic sedition law

A prominent Hong Kong democracy activist on Tuesday became the first person to be charged with sedition since the city was returned to Chinese rule as authorities widened their pursuit of critics in ... ( read original story ...)

Posted on 08/09/2020

The Latest: Hong Kong to further ease virus measures

Hong Kong is further relaxing social distancing measures, as the territory’s number of new coronavirus cases dwindles. Hong Kong reported another six cases of the virus ... ( read original story ...)

Posted on 08/09/2020

Shocking Video Shows Hong Kong Police Tackling, Arresting 12-Year-Old Girl [Video]

Hong Kong police have come under fire after a shocking video showed them tackling a 12-year-old girl to the ground near a protest Sunday. The victim, who was identified as Pamela, ... ( read original story ...)

Posted on 08/09/2020

Disney’s ‘Mulan’ sparks backlash against China over Xinjiang, Hong Kong

Walt Disney Co's release of "Mulan", which is set in China and meant to appeal to audiences there, has provoked a backlash on social media over its star's support of Hong Kong police and for being ... ( read original story ...)

Posted on 08/09/2020

Hong Kong’s SFC seeks to claw back US$454 million from Tianhe Chemicals IPO for investors after accounting scandal

Hong Kong's financial market regulator is taking legal action against China's largest lubricant additives producer to recover HK$3.52 billion (US$454 million) of proceeds from its 2014 initial public ... ( read original story ...)

Posted on 08/09/2020

Hong Kong stocks rise as financials, telecoms gain

Hong Kong stocks recouped earlier losses to close higher on Tuesday, helped by gains in financial and telecoms firms. ** At the close of trade, the Hang Seng index was up 0.14% at 24,624.34 after ... ( read original story ...)

Posted on 08/09/2020

Jump in hottest Hong Kong IPO makes founder China’s second richest

It was the hottest IPO in town. Now Nongfu Spring Co's stock surge is turning its founder into China's second-richest person.. Read more at straitstimes.com. ( read original story ...)

Posted on 08/09/2020

Nongfu Spring’s huge IPO is part of a ‘tale of two Hong Kongs’: Analyst

Fraser Howie, an independent analyst, tells CNBC that Hong Kong has a "very successful" stock exchange and China-related finance sector, but is also a city "torn apart" by political unrest, where many ... ( read original story ...)

Posted on 08/09/2020

There’s a ‘huge amount of money’ returning to China in the IPO space, investor says

As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home. ( read original story ...)

Posted on 08/09/2020

Hong Kong Eases Some Coronavirus Curbs, Allows Gatherings of Four

Swab sample is collected from a man by medical staff at the community testing centre for the coronavirus disease (COVID-19) in Hong Kong, China September 1, 2020. Anthony Kwan/Pool via REUTERSReuters ... ( read original story ...)

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