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Month: March 2021

Posted on 13/03/2021

G7 expresses ‘grave concern’ over electoral changes in Hong Kong

The group called on China to act in accordance with the Sino-British Joint Declaration and its other legal obligations and respect fundamental rights and freedoms in Hong Kong, as provided for in the ... ( read original story ...)

Posted on 13/03/2021

EU slams China over Hong Kong’s ‘alarming political deterioration’

The European Union has hit out at China for the political conditions in Hong Kong, describing it as an "alarming political deterioration" and a "severe erosion of autonomy, democracy and fundamental ... ( read original story ...)

Posted on 13/03/2021

Global IPO Market Eyes Record First Quarter Even as SPACs Falter

“While the IPO market has mainly been driven by technology companies ... Singapore Exchange Ltd. and Hong Kong Exchanges & Clearing Ltd. are re-writing their rules -- or at least looking into it -- to ... ( read original story ...)

Posted on 13/03/2021

‘Hong Kong will sit on China’s lap’: Beijing crushes city’s autonomy

Forty-seven Hong Kong democracy activists were charged last week with subversion against the Chinese state for attempting to win an election. This week, China’s parliament ensured that they would ... ( read original story ...)

Posted on 13/03/2021

G7 powers call out China’s ‘oppression’ of Hong Kong

The Group of Seven (G7) powers called out China on Friday to end the "oppression" of democracy activists in Hong Kong. The G7 foreign ministers expressed their concerns over China's decision to change ... ( read original story ...)

Posted on 13/03/2021

The Hong Kong Tourism Board Announces Strategies to Drive Tourism Recovery and Sustainable Development

The Hong Kong Tourism Board (HKTB) announced a series of flexible short-term and medium-to-long-term strategies to prepare for the return of tourists, attract high-yield visitors, and drive the ... ( read original story ...)

Posted on 13/03/2021

Hong Kong Lawmakers: Beijing’s Electoral Reforms ‘Huge Step Backwards’

China's national legislature has approved a resolution to overhaul Hong Kong's current electoral system, in a move seen as part of a broader campaign to quell opposition voices. Top Beijing officials ... ( read original story ...)

Posted on 13/03/2021

G7 hits out at China for ‘fundamental erosion’ of Hong Kong democracy

Foreign ministers representing the G7 group of countries have tonight expressed their “grave concern” over the Chinese government’s decision to “fundamentally erode” democracy in Hong Kong. In a ... ( read original story ...)

Posted on 13/03/2021

China’s Ant Group CEO leaves after failed IPO prompts revamp

China's Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant's business, the first top management exit since a ... ( read original story ...)

Posted on 13/03/2021

China slams US criticism of Hong Kong election changes, questions America’s ‘moral capital’

A Chinese official hit back Friday at U.S. criticism of planned election law changes in Hong Kong, noting the chaos surrounding the recent American presidential election. Semi-autonomous Hong Kong is ... ( read original story ...)

Posted on 13/03/2021

U.S.-China meeting to touch on Hong Kong, technology concerns: Sullivan

WASHINGTON (Reuters) - U.S. officials will raise concerns about Chinese actions on Hong Kong and security risks involving technology when they meet with Beijing's top diplomats next week, President ... ( read original story ...)

Posted on 13/03/2021

Huawei sues HSBC in Hong Kong for documents US ‘wilfully withheld’ in extradition request

The company's chief financial officer Meng Wenzhou is currently being held in Canada as a result of a US extradition request. ( read original story ...)

Posted on 13/03/2021

Linklaters makes twin Hong Kong partner hires to boost corporate and banking teams

Nolet, meantime, focuses on advising banks and financial institutions, private equity funds and corporates on banking, finance and restructuring transactions. Notably, Nolet's arrival restocks the ... ( read original story ...)

Posted on 13/03/2021

Alibaba-Backed Chinese AI Startup Megvii Files for Shanghai IPO

The startup, backed by Alibaba Group Holding Ltd., plans to issue ... The company’s application for a Hong Kong listing about two years ago lapsed after it become one of several Chinese companies the ... ( read original story ...)

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