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Month: November 2020

Posted on 27/11/2020

China wields patriotic education to tame Hong Kong’s rebellious youth

Cua Chiu-fai is on a mission to rid Hong Kong's classrooms of what he sees as poisonous anti-China bias. His soldiers: mainly parents. He has recruited hundreds of mothers and fathers to monitor and ... ( read original story ...)

Posted on 26/11/2020

Evergrande Unit Poised to Price Hong Kong IPO at HK$8.80

China Evergrande Group’s property management arm is set to price the Hong Kong initial public offering of Evergrande Property Services Group Ltd. at HK$8.80 per share, below the mid-point of a ... ( read original story ...)

Posted on 26/11/2020

Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises $1.8 billion

Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)

Posted on 26/11/2020

Hang Seng Bank (OTCMKTS:HSNGY) Share Price Crosses Above Fifty Day Moving Average of $15.86

Hang Seng Bank Limited (OTCMKTS:HSNGY) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.86 and traded as high as $17.89. Hang ... ( read original story ...)

Posted on 26/11/2020

Breakingviews – Lowly Europe bank values will outlast dividend ban

The decision to ban Europe’s banks from paying dividends this year is a strong candidate for the most maligned regulatory edict of recent years. Supervisors stopped payouts in an attempt to preserve ... ( read original story ...)

Posted on 26/11/2020

Evergrande Property’s Hong Kong IPO meets with lukewarm reception, raises US$1.8bil

Evergrande Property Services Group's Hong Kong IPO priced at the lower end of expectations to raise $1.8 billion, three sources said, the tepid demand underscoring concerns about the financial health ... ( read original story ...)

Posted on 26/11/2020

Hong Kong’s economy has ‘bottomed out’ and is set to recover, says economist

There may be some reprieve for Hong Kong’s economy after two years of anemic growth, according to Hao Zhou, a senior emerging markets economist at Commerzbank. The third quarter this year was Hong ... ( read original story ...)

Posted on 26/11/2020

Hong Kong to see positive growth over next two years: Commerzbank

A lot of headwinds lie ahead for the city, but Hong Kong's economy has probably bottomed out after two years of sluggish growth, says Hao Zhou of Commerzbank. ( read original story ...)

Posted on 26/11/2020

Asia-Pacific stocks mixed; JD Health aims to raise more than $3 billion in Hong Kong listing

Pacific were mixed in Thursday trade. JD Health, a unit of Chinese e-commerce giant JD.com, is looking to raise more than $3 billion in its Hong Kong debut. The firm is planning to sell 381.9 million ... ( read original story ...)

Posted on 26/11/2020

Asia Stocks Face Muted Start as Global Rally Ebbs: Markets Wrap

Asian stocks looked poised for a cautious start Thursday after U.S. shares slipped on disappointing economic data. The dollar retreated. ( read original story ...)

Posted on 26/11/2020

Hong Kong to Require Tests; Cases Top 60 Million: Virus Update

Global coronavirus cases topped 60 million. Hong Kong will empower doctors to mandate Covid tests for suspected virus patients, while South Korea recorded the most daily infections since March, ... ( read original story ...)

Posted on 26/11/2020

Little Buddies on a mission: Hong Kong Red Cross’ programme to develop leadership skills in children to benefit from funds raised by Operation Santa Claus

"First, you need to clean the wound," said seven-year old Jovon Lee Yu-hon, when asked what he would do if he saw a friend had fallen over and injured himself. "Then, you need to wrap it with this," ... ( read original story ...)

Posted on 26/11/2020

Hong Kong’s independent judiciary braced for Beijing onslaught

Beijing is expected to target Hong Kong’s independent judiciary as it tightens control over the territory’s institutions, according to Philip Dykes, head of the city’s bar association. As part of a ... ( read original story ...)

Posted on 26/11/2020

Reports of Hong Kong’s Death Are Greatly Exaggerated

Hong Kong no longer has a formal political opposition. The entire pro-democracy camp resigned from Hong Kong’s Legislative Council in protest over a resolution by the Standing Committee of the ... ( read original story ...)

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