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Month: February 2021

Posted on 05/02/2021

Hong Kong to impose ‘national security’ schools curriculum

Hong Kong’s new national security education curriculum will force teachers to warn primary students as young as six years old against “subversion” and to throw out library books considered dangerous ... ( read original story ...)

Posted on 04/02/2021

Morning Update: Canadian athletes cautioned on speaking out at Beijing Olympics

CEO of Canadian Olympic Committee said athletes have the right to speak freely, but they will be counselled on what ‘they might consider not commenting on’ ... ( read original story ...)

Posted on 04/02/2021

Chinese Video IPO Goes Viral With Investors

Shares in Kuaishou Technology surged in gray-market trading ahead of its Hong Kong debut, after investors placed about $370 billion of orders for the $5.4 billion deal. ( read original story ...)

Posted on 04/02/2021

Exclusive: China’s Ant to hive off credit data in revamp; sees IPO in 2 years – sources

Ant Group Co plans to spin off its consumer-credit data operations, people with knowledge of the matter said, a concession to aggressive regulators that should help the Chinese fintech giant get its ... ( read original story ...)

Posted on 04/02/2021

Kuaishou seen rallying 170 per cent in Hong Kong IPO windfall that Ant Group failed to deliver for retail investors

Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the gray market, according to data published by local brokerages. ( read original story ...)

Posted on 04/02/2021

Hong Kong’s banks are having their worst time since 2008 as profits plunge while bad loans soar amid city’s recession

The dismal picture of shrinking earnings and rising debt among retail banks draws a stark contrast with Hong Kong’s booming stock market and the bull run in the property market, underscoring how the ... ( read original story ...)

Posted on 04/02/2021

Hong Kong banking regulator says business as usual, no fund outflows

Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top ... ( read original story ...)

Posted on 04/02/2021

Canada says Hong Kong graduates can apply for work permits, slams China on rights

Supporters hold a rally in solidarity with Hong Kong protesters, in Vancouver, British Columbia, Canada September 29, 2019. REUTERS/Jennifer Gauthier/File Photo ... ( read original story ...)

Posted on 04/02/2021

UPDATE 1-Hong Kong banking regulator says business as usual, no fund outflows

Hong Kong is not seeing fund outflows following Beijing's imposition of a national security law in the Asian financial hub, a top executive at the city's banking regulator said on Thursday. ( read original story ...)

Posted on 04/02/2021

Hong Kong stocks get a lift from Alibaba upgrades while CNOOC, PetroChina bounce on higher crude prices

Hong Kong stocks are getting a lift from several upgrades in Alibaba Group’s price targets while oil companies jump with crude prices at more than one-year high. Cash may flow out as investors prepare ... ( read original story ...)

Posted on 04/02/2021

Kuaishou Surges 181% in Hong Kong Gray Market Trading

Kuaishou Technology surged in Hong Kong’s gray market trading, in a sign that one of the city’s biggest initial public offerings in years is off to a good start. The short-video startup, backed by ... ( read original story ...)

Posted on 04/02/2021

Hong Kong democrats nominated for Nobel peace prize

A bipartisan group of US politicians has nominated Hong Kong’s pro-democracy movement from 2019 for this year’s Nobel peace prize, a move that is certain to infuriate Beijing and further strain ... ( read original story ...)

Posted on 04/02/2021

Hunting Rats, Defending Democracy: Hong Kong’s Local Leaders Under Fire

District councilors typically tended to mundane matters like pest control and new bus stops. Now, they’re the last line of defense in keeping the city’s pro-democracy opposition alive. ( read original story ...)

Posted on 04/02/2021

Kuaishou’s Mega IPO by the Numbers, the Largest Listing Since Uber

Kuaishou Technology’s Hong Kong initial public offering is set to give the Chinese social video app maker its moment in the sun, even if its victory over rival ByteDance Ltd. ultimately proves to be ... ( read original story ...)

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