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Month: December 2020

Posted on 16/12/2020

Hong Kong billionaire Richard Li-backed SPAC in early talks to invest in Indonesian e-commerce giant Tokopedia

The Hong Kong billionaire has teamed up with Silicon Valley’s Peter Thiel to form an acquisition vehicle that is in talks with Southeast Asian unicorns, including Indonesia’s Tokopedia. ( read original story ...)

Posted on 16/12/2020

Hong Kong fourth wave: HK$5,000 to take the Covid-19 vaccine? Lawmaker floats the idea at Legco health panel meeting

Hong Kong lawmakers have suggested providing a cash incentive of up to HK$5,000 (US$645) to encourage residents to get vaccinated against the coronavirus when the first million shots become available ... ( read original story ...)

Posted on 16/12/2020

Hong Kong braces for muted end to 2020 as COVID-19 ravages the city

Even with tightened measures to reign in the spread of Covid-19, Hong Kong gets no reprieve. The death toll is mounting as more clusters break out in different buildings, including ... ( read original story ...)

Posted on 16/12/2020

Philanthropists, champions of social responsibility lead 2020 honours list in DHL-SCMP Hong Kong Business Awards

Amid slumping corporate earnings and record unemployment in a recession, the awards’ panel of judges shifted the weight of their adjudication to emphasise corporate social responsibility, from the ... ( read original story ...)

Posted on 16/12/2020

Hong Kong Stock Market Predicted To Find Traction On Wednesday

The Hong Kong stock market has moved lower in consecutive trading days, sinking almost 300 points or 1.2 percent along the way. The ... ( read original story ...)

Posted on 16/12/2020

Secondary flotations of US-listed Chinese firms buoy 2021 outlook as Hong Kong lands second place in world IPO rankings

Hong Kong stock exchange will finish 2020 as the second-biggest IPO market globally after raising US$50 billion, KPMG says. ( read original story ...)

Posted on 16/12/2020

China Inc.’s IPO Haul From the U.S. and at Home Tops Records

China Inc raised money at home and overseas in initial public offerings like never before, buoyed by the country’s early emergence from the pandemic. ( read original story ...)

Posted on 16/12/2020

Hong Kong fourth wave: Covid-19 kills three more as domestic helper boarding house outbreak sparks fears of virus spreading across city

Fears that clusters of Covid-19 could be spreading across Hong Kong are mounting after an outbreak at a domestic helpers' boarding house, while mandatory testing was ordered at two housing blocks as ... ( read original story ...)

Posted on 16/12/2020

Hong Kong magistrate accused of bias against protesters cleared of wrongdoing after judiciary probe

A Hong Kong magistrate accused of bias against anti-government protesters over his rulings has been cleared of wrongdoing following a probe by the city's judiciary. The judiciary was satisfied that ... ( read original story ...)

Posted on 15/12/2020

All you need to know about Ant Financial (and its canceled IPO)

Hong Kong University professor Douglas Arner joins the Fintech Beat podcast to talk about the origins of Ant Financial, its regulatory shortcomings in the Chinese financial system, and when he expects ... ( read original story ...)

Posted on 15/12/2020

They found love in Hong Kong. Now, its fate may force their family to leave — or break apart.

Fearing punishment for being interviewed about politically sensitive issues, the subjects in this story spoke to NBC News on the condition that their full identities not be revealed, so only their ... ( read original story ...)

Posted on 15/12/2020

Day off denied: how Covid confined Hong Kong’s domestic ‘helpers’

Many migrant women have been cooped up in employers’ homes for months, unable to take time off or travel to families ... ( read original story ...)

Posted on 15/12/2020

Hong Kong tourist arrivals slide 99.8 per cent year on year in November amid Covid-19 fourth wave

Hong Kong tourist arrivals tumbled 99.8 per cent year on year to less than 6,000 in November, continuing a downward trend in recent months amid the fourth wave of Covid-19 infections. The Hong Kong ... ( read original story ...)

Posted on 15/12/2020

Hong Kong fourth wave: city expecting 98 Covid-19 cases as last at-risk residents evacuated from Wong Tai Sin housing estate

Hong Kong expects around 98 Covid-19 cases today, according to a medical source, as the final residents from at-risk flats linked to a growing cluster at a Wong Tai Sin housing estate left their homes ... ( read original story ...)

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