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Month: October 2020

Posted on 30/10/2020

Hong Kong to take US to WTO over ‘Made in China’ label rule

Hong Kong authorities on Friday said they will launch proceedings at the World Trade Organization to challenge a demand by the United States to label imports from the financial hub as "Made in China". ( read original story ...)

Posted on 30/10/2020

Jack Ma’s Ant IPO Lures $3 Trillion of Bids in Retail Frenzy

The biggest initial public offering of all time has unleashed an investor frenzy for the record books.Individual investors in Hong Kong and Shanghai placed orders worth at least $3 trillion for shares ... ( read original story ...)

Posted on 30/10/2020

Hong Kong Is Still an Irreplaceable Financial Gateway for China

Hong Kong is still China’s financial gateway to the world. What happens if the West pulls back? Ever since the enactment of the Hong Kong National Security Law, the city has changed beyond recognition ... ( read original story ...)

Posted on 30/10/2020

HK secessionist Tony Chung denied bail, charged with secession

HK secessionist Tony Chung denied bail, charged with secession. Global Times. Source: Global Times Published: 2020/10/29 17:29:06. The former leader of Hong Kong pro-secession gro ... ( read original story ...)

Posted on 30/10/2020

China Market Update: Hong Kong & Mainland China Brush Off US Selloff, Earnings Take Center Stage

The narrow, 50-stock Hang Seng Index has a 44% weight to financials, which were off -0.93%. Today was a massive day for earnings in Hong Kong as Yum China Hong Kong gained +3% after reporting Q3 ... ( read original story ...)

Posted on 30/10/2020

Hong Kong teen activist charged under security law after being detained near US consulate

Teen activist Tony Chung has become the second person to be charged under Hong Kong’s deeply controversial national security law. The former leader of pro-independence group Studentlocalism was denied ... ( read original story ...)

Posted on 30/10/2020

Hong Kong’s Blueprint Changed Protests Around the World

Last year, news sites around the world were monopolized by images of Hong Kong’s central business district, crowded with millions of people asking for democratic reforms. That was before COVID-19 hit ... ( read original story ...)

Posted on 30/10/2020

Jack Ma’s Ant IPO Lures $2.8 Trillion in Growing Investor Frenzy

Chen Wu frantically clicked the order button on his online brokerage account as the clock struck noon.Like thousands of individual investors in Hong Kong and across China, the 35-year-old software ... ( read original story ...)

Posted on 30/10/2020

Hong Kong Economy Shows First Signs of Revival Since Protests Began

Hong Kong’s economy is showing the first signs of emerging from a crippling recession sparked by political unrest last year and deepened by the global pandemic. After more than a year of weakness in ... ( read original story ...)

Posted on 30/10/2020

China’s Alibaba And Ant Group Billionaire Jack Ma Calls For Radical U.S. Banking Overhaul

Ma has warned new "digital currencies," such as bitcoin and China's digital yuan, could be used to establish a new type of banking and financial system—and called for an overhaul of U.S.-led banking ... ( read original story ...)

Posted on 30/10/2020

Luxury E-commerce Startup ShopWorn Enters Asia with Hong Kong Satellite

The fast-growing ecommerce destination for well-priced, guaranteed authentic luxury brands opens a Hong Kong satellite to service the Asia Pacific region. Birnbaum developed ShopWorn in 2015 for ... ( read original story ...)

Posted on 30/10/2020

Wall Street turns solidly higher following a shaky start

U.S. stocks are shaking off an early slide and moving broadly higher Thursday as the market steadies after its worst drop in more than four months. The S&P 500 was 1.9% higher in afternoon trading, ... ( read original story ...)

Posted on 30/10/2020

Hong Kong eyes November launch for travel bubble with Singapore

Hong Kong expects its proposed air travel bubble with Singapore will start in November, allowing passengers to travel between the two destinations without a 14-day quarantine. "The aim is that within ... ( read original story ...)

Posted on 30/10/2020

Tony Chung: Hong Kong activist detained near US consulate charged

Hong Kong teen activist Tony Chung has been charged under a new national security law, just days after he was detained outside the US consulate. Mr Chung, 19, had reportedly planned to enter the ... ( read original story ...)

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