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Month: December 2021

Posted on 31/12/2021

HSBC completes first insurance backed receivables finance transaction

The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently completed the country’s first insurance backed receivables finance transaction for MBM Garments. ( read original story ...)

Posted on 31/12/2021

HSBC Gets Nod to Buy Remaining Stake in China Life Insurance JV

HSBC Holdings plc HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% stake in its China life insurance joint venture (JV) — HSBC ... ( read original story ...)

Posted on 31/12/2021

Hong Kong Is Increasingly Shut Off as Inbound Flights Drop

Hong Kong is becoming increasingly shut off from the outside world because of its strict Covid-19 policies as the city imposes a raft of flight bans and airlines slash inbound services. Cathay Pacific ... ( read original story ...)

Posted on 31/12/2021

Hong Kong to Start Vaccine Mandate at Restaurants, Gyms, Cinemas

Hong Kong will require at least one vaccine against Covid-19 dose to enter restaurants and recreational venues before the Lunar New Year, after the city recorded its first local transmission of the ... ( read original story ...)

Posted on 31/12/2021

Hong Kong reports first Omicron cluster as city welcomes New Year

Hong Kong has confirmed its first Omicron cluster, bringing an end to its long streak of zero locally transmitted cases and prompting fears of a wider outbreak as the city prepares to ring in the new ... ( read original story ...)

Posted on 31/12/2021

Hong Kong says Omicron has breached its strict COVID-19 restrictions

Hong Kong's health officials said on Friday the Omicron variant of the coronavirus has made its way past some of the world's toughest COVID 19 restrictions, with the city reporting its first cases ... ( read original story ...)

Posted on 31/12/2021

Alibaba, Baidu, Bilibili stocks climb in Hong Kong on the last day of the year

Chinese tech stocks got a big boost in Hong Kong on the last day of the year, but it's far from enough to make up for what has been a historically tumultuous time for the sector. ( read original story ...)

Posted on 31/12/2021

Cathay Pacific says strict new quarantine rules could cause ‘dramatic’ supply chain disruptions in Hong Kong

Hong Kong's flagship airline warned Friday that strict new quarantine measures in the city could lead to "dramatic disruptions" to local supply chains, as the company is forced to curb some passenger ... ( read original story ...)

Posted on 31/12/2021

Hong Kong says Omicron has spread despite COVID restrictions

Hong Kong's health officials said on Friday the Omicron variant of the coronavirus has made its way past some of the world's toughest COVID 19 restrictions, with the city reporting its first cases ... ( read original story ...)

Posted on 31/12/2021

Potential Omicron Cluster Clouds Hong Kong’s Virus-Free Days

Two Hong Kong residents have been preliminarily diagnosed with Covid-19, marking the first community spread of the virus in nearly seven months to people without a recent travel history or ties to the ... ( read original story ...)

Posted on 31/12/2021

HSBC Life China Gets Go-Ahead to Become China’s Third Wholly Foreign-Owned Life Insurer

Hong Kong and Shanghai Banking Corporation Life Insurance Company, also known as HSBC Life China, received the regulatory approval to become China’s third joint venture to turn into a wholly ... ( read original story ...)

Posted on 31/12/2021

Opinion: This billionaire from Hong Kong is standing up to China’s oppression behind bars

Hong Kong’s most prominent billionaire, Lai Chee-ying, better known as Jimmy Lai, has given up a life of comfort to become a dissident. ( read original story ...)

Posted on 31/12/2021

Hong Kong tram operator seeks to raise fares by 11.5 per cent as firm struggles to cope with falling ridership, revenue

Hong Kong Tramways has proposed raising normal fares from HK$2.60 to HK$2.90, with prices for children and elderly to be increased to HK$1.40 and HK$1.30 respectively. ( read original story ...)

Posted on 31/12/2021

Hong Kong ban on ivory sales comes into force

A ban on selling most ivory products in Hong Kong came into effect Friday, the culmination of a three-year process to eliminate the once rampant trade in the city. ( read original story ...)

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