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Month: July 2021

Posted on 16/07/2021

Hong Kong’s rent control bill won’t please everyone but it’s a start

Rent control is a contentious issue and perhaps nowhere more so than in capitalist and laissez-faire Hong Kong. The city holds the unenviable crown of being the world's most expensive for renters, ... ( read original story ...)

Posted on 16/07/2021

Biden to warn US companies about doing business in Hong Kong

The Biden administration is expected to issue a blanket warning to U.S. firms about the risks of doing business in Hong Kong as China continues to clamp down on political and economic freedoms in the ... ( read original story ...)

Posted on 16/07/2021

Biden Says Situation in Hong Kong Deteriorating

The U.S. is preparing a business advisory to describe “what may happen” as China continues a crackdown there. ( read original story ...)

Posted on 16/07/2021

U.S. to Sanction Chinese Officials and Warn Companies Over Hong Kong -Sources

The United States is preparing to impose sanctions on Friday on a number of Chinese officials over Beijing's crackdown on democracy in Hong Kong, as well as a warning to international businesses ... ( read original story ...)

Posted on 16/07/2021

Hong Kong protest documentary gets late Cannes slot

The Cannes film festival is set to screen a documentary on the 2019 crackdown on Hong Kong's pro-democracy movement on Friday, potentially risking diplomatic tensions with China. Cannes has handled ... ( read original story ...)

Posted on 16/07/2021

Hospital confirms death of Hong Kong influencer who reportedly died while taking waterfall photo

Sophia Cheung, an influencer from Hong Kong, reportedly died in the hospital after falling while taking a picture on Saturday. ( read original story ...)

Posted on 16/07/2021

Biden to Aim Hong Kong Warning at Investors Shrugging Off Risks

A formal warning the Biden administration plans to issue to companies doing business in Hong Kong springs from U.S. officials’ concern that investors aren’t taking the risks of operating in the city ... ( read original story ...)

Posted on 16/07/2021

Hong Kong Market rises as China injects US$17 billion

At closing bell, the benchmark Hang Seng Index added 0.75%, or 208.81 points, to 27,996.27. The Hang Seng China Enterprises Index rose 1.08%, or 109.20 points, to 10,174.27. ( read original story ...)

Posted on 16/07/2021

Hong Kong Busts Crypto Launderers With $155M Seizure

Hong Kong customs officials have announced the uncovering and dissection of a major cryptocurrency money laundering operation. ( read original story ...)

Posted on 16/07/2021

Hong Kong Sees Worst Year Ever for Press Freedom Amid Battle with China: ‘In Tatters’

The Hong Kong Journalists Association said it is concerned with "the erosion of freedom and the damage done to the diversified media scene." ... ( read original story ...)

Posted on 16/07/2021

Hospital appears to confirm death of Hong Kong influencer who reportedly died while taking waterfall photo

Instagram hiking influencer Sophia Cheung reportedly died after falling from a waterfall on Saturday. The hospital appeared to confirm the news. ( read original story ...)

Posted on 15/07/2021

Hong Kong Arrests Four in Alleged $155 Million Crypto Scheme

Hong Kong authorities arrested four men for a suspected money-laundering syndicate involving HK$1.2 billion ($155 million) with virtual currency. Operation “Coin Breaker” was launched on July 8, and ... ( read original story ...)

Posted on 15/07/2021

Cannes Film Festival, Risking China’s Ire, to Screen Hong Kong Protest Documentary

The film festival’s decision to screen “Revolution of Our Times,” a documentary on Hong Kong’s 2019 pro-democracy protests that was produced in secret, comes as the city expands censorship. ( read original story ...)

Posted on 15/07/2021

Hong Kong’s Booming IPO Market Set for Lift From China Curbs

The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)

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