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Month: March 2021

Posted on 18/03/2021

Baidu’s Second Listing In Hong Kong To Bring In $3.1 Billion

Chinese search engine and tech giant Baidu, which specializes in artificial intelligence, raised $3.1 billion from a secondary listing in Hong Kong. ( read original story ...)

Posted on 18/03/2021

Hong Kong ‘extra cautious’ over museum set to show Ai Weiwei’s work

Carrie Lam, Hong Kong’s leader, has said officials will be “extra cautious” to ensure the city’s new M+ Museum of visual culture does not undermine national security, as China cracks down on freedom ... ( read original story ...)

Posted on 18/03/2021

Hong Kong’s Virus Rules Keep Cases Low but Stoke Complaints

By Alexandra Stevenson HONG KONG — A pandemic illness had struck Hong Kong, and the Worley family had gamely followed the rules. They wore masks. They socially distanced. They skipped traveling ... ( read original story ...)

Posted on 18/03/2021

China’s Baidu raises $3.1 billion from Hong Kong listing

Baidu Inc has raised $3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant. ( read original story ...)

Posted on 17/03/2021

U.S. Sanctions Chinese Officials Involved in Hong Kong Takeover

The U.S. sanctioned 24 Chinese officials involved in the implementation of stringent security laws in Hong Kong on Wednesday, days before the first scheduled meeting between top Chinese and American ... ( read original story ...)

Posted on 17/03/2021

Chinese streaming company Bilibili to raise around $3 billion in Hong Kong listing

Bilibili, a streaming service popular with young Chinese users, said it would issue 25,000,000 shares as part of the Hong Kong offering. ( read original story ...)

Posted on 17/03/2021

HSBC has closed its main office in Hong Kong after an outbreak of COVID-19 at a gym

Guards wearing masks, face shields and protective clothing stood in front of the entrances to HSBC's Hong Kong office to deny people entry. ( read original story ...)

Posted on 17/03/2021

HKMA piles pressure on small lenders to digitise as Hong Kong’s virtual banks gain traction with customers

Hong Kong Monetary Authority is shifting focus from shepherding financial innovation with the launch of the eight virtual banks last year towards chivvying digital laggards among the city's small and ... ( read original story ...)

Posted on 17/03/2021

Pandemic-induced hunger for IPOs keeps Hong Kong’s investment bankers busy

Hong Kong's bankers are working around the clock as the region's companies rush to go public. Companies are trying to "get the deal done as soon as they can", said Stephanie Tang, head of private ... ( read original story ...)

Posted on 17/03/2021

U.S. Sanctions 24 Chinese and Hong Kong Officials Over Civic Rights

The United States has today deployed sanctions against 24 Chinese and Hong Kong officials for undermining Hong Kong's ability to govern itself and elect its own government. It's the first direct ... ( read original story ...)

Posted on 17/03/2021

State Department announces sanctions on Chinese officials over Hong Kong crackdown

Secretary of State Antony Blinken on Tuesday announced sanctions against two dozen Chinese and Hong Kong officials for undermining the territory’s semi-autonomy from Beijing, just days before a ... ( read original story ...)

Posted on 17/03/2021

Hong Kong rises to fourth in global financial centre rankings on the back of strong IPO market, mainland stock links

While Hong Kong ranked fourth in terms of business environment, human capital, infrastructure and reputation, it ranked fifth in financial sector development, said Mike Wardle, director and head of ... ( read original story ...)

Posted on 17/03/2021

How China’s Communist Cash Crushed Hong Kong’s Democratic Aspirations

NRPLUS MEMBER ARTICLE W hen we think of Beijing’s drive to crush Hong Kong’s nascent democracy, what comes to mind are images of mass demonstrations and of pro-democracy icons rounded up, imprisoned, ... ( read original story ...)

Posted on 17/03/2021

US sanctions 24 Hong Kong and Chinese officials ahead of a high-level meeting with Chinese diplomats

Washington has sanctioned 24 officials over Beijing's ongoing crackdown on Hong Kong. This move comes as US Sec. of State Antony Blinken prepares to meet top Chinese diplomats in Alaska. Those ... ( read original story ...)

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