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Month: August 2021

Posted on 13/08/2021

Hong Kong stocks drop as China crackdown concerns linger before economic data signalling weakening recovery

Hong Kong stocks fell for a second day over concerns Beijing will extend its regulatory crackdown on the economy while traders await key data on China's economy. The Hang Seng Index dropped 0.5 per ... ( read original story ...)

Posted on 13/08/2021

Hong Kong Stock Market May See Quick Recovery

The Hong Kong stock market on Thursday ended the three-day winning streak in which hit had advanced more than 480 points or 1.8 ... ( read original story ...)

Posted on 13/08/2021

Hong Kong’s Population Shrinks By 89,000 in Just 12 Months

Hong Kong’s population shrank substantially over the past 12 months as people left the city in the wake of the implementation of the national security law that curtailed protest and dissent. ( read original story ...)

Posted on 13/08/2021

Under the glow of Hong Kong’s neon lights

Taxis drive under neon and LED signs at Yau Ma Tei in Hong Kong, China August 8, 2021. REUTERS/Tyrone Siu ... ( read original story ...)

Posted on 13/08/2021

Meng Wanzhou defrauded HSBC without causing loss, extradition case is told, as diplomatic storm swirls outside court

Canadian government lawyer says the Huawei executive caused HSBC to suffer ‘deprivation’ by lying about the company’s Iran business and exposing the bank to potential risk. ( read original story ...)

Posted on 13/08/2021

Gov’t urged to include non-permanent residents living in Hong Kong for more than 7 years in stimulus schemes

A group of people who have lived in Hong Kong for seven years or more but lack permanent resident status have urged the government to include them in the consumption voucher and cash payout schemes ... ( read original story ...)

Posted on 13/08/2021

Hong Kong’s Liberties Are Dying but Business Lives On

Argument: Hong Kong’s Liberties Are Dying but Business Lives On Hong Kong’s Liberties Are Dying but Busine... | View Comments () With the arrests of numerous political and media figures, changes to ... ( read original story ...)

Posted on 13/08/2021

Hong Kong’s population outflow accelerates amid crackdown

Hong Kong has hemorrhaged residents at a faster pace since a national security law was imposed by Beijing last June, according to official data released Thursday. The city's population was 7,394,700 ... ( read original story ...)

Posted on 13/08/2021

Hong Kong’s population falls as political crackdown sparks exodus

Hong Kong’s population has fallen for the third consecutive six-month period after more than a decade of growth, as China’s political crackdown sparks an exodus of young people and families. Beijing ... ( read original story ...)

Posted on 13/08/2021

Hong Kong’s Currenxie Begins $10M Series A

Cross-border payments startup Currenxie says it’s ready to take on its first outside investors, starting with a $10 million Series A funding round. ( read original story ...)

Posted on 13/08/2021

Li Auto’s Hong Kong shares close down on debut, says considering mainland listing

Chinese electric vehicle maker Li Auto made a weak debut in Hong Kong on Thursday as its shares closed down, while the company also flagged it could consider a mainland listing. ( read original story ...)

Posted on 13/08/2021

Fact Check: Is Hong Kong’s Falun Gong Group Leaving?

A Facebook page made in the name of Hong Kong Falun Gong claimed on Wednesday the religious group was "pulling out" of the city and shutting down its website. ( read original story ...)

Posted on 12/08/2021

Hong Kong saw net outflow of 90,000 residents over the last year

Hong Kong's population declined by 1.2 per cent in the last year, including nearly 90,000 more residents departing than moving to the city, figures released on Thursday (Aug 12) showed, as Beijing ... ( read original story ...)

Posted on 12/08/2021

Manulife survey shows ‘saving for retirement’ the primary financial goal for Hongkongers

Close to one-third of Hong Kong people said their financial priority at present is to save for retirement, according to a new survey commissioned by Manulife. The research also revealed that in ... ( read original story ...)

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