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Month: December 2021

Posted on 06/12/2021

Didi departure from NYSE marks end of Wall Street ties with Chinese big tech

The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock Exchange marks the end of a cushy relationship between Wall Street and Chinese tech ... ( read original story ...)

Posted on 05/12/2021

Brain drain in Hong Kong education sector an ‘imminent issue’, warns top adviser to city leader

Executive Council convenor Bernard Chan says Hong Kong faces problem over movement of pupils and teachers, with some leaving for family reasons. ( read original story ...)

Posted on 05/12/2021

Hong Kong has ‘no basis to exist’ as a special region without Chinese constitution’s authorisation, finance chief Paul Chan warns

Financial Secretary Paul Chan's comments echo those of Beijing's top official in Hong Kong the previous day Chan calls national constitution the 'fundamental law', with supreme status and effect. Hong ... ( read original story ...)

Posted on 05/12/2021

The Hong Kong Bach Choir at 50: diverse and well drilled, with ‘a feeling of community’, it grew from amateur expat group

When Jerome Hoberman joined the choir as music director in 1992 its expat make-up mirrored the divisions in Hong Kong society. Today he likes to think of it as a utopian model for society. ( read original story ...)

Posted on 05/12/2021

Coronavirus: Swiss International Air Lines suspends flights to Hong Kong over strict quarantine regime; city confirms 9 new cases

Four Zurich-to-Hong Kong flights will be cancelled, with the suspension set to be reviewed on December 11. The decision comes as Hong Kong confirms nine imported coronavirus cases. ( read original story ...)

Posted on 05/12/2021

Didi departure from NYSE marks end of Wall Street romance with Chinese big tech

Only five months transpired between Didi's going public in New York in June and word Friday that it will prepare a Hong Kong listing. During that time its market value has fallen by 63 percent. ( read original story ...)

Posted on 05/12/2021

Didi’s NYSE exit marks end of Wall Street romance with Chinese big tech

The Chinese ride-hailing giant Didi Chuxing’s announcement that it will delist its shares from the New York Stock Exchange marks the end of a cushy relationship between Wall Street and Chinese tech ... ( read original story ...)

Posted on 05/12/2021

Hong Kong digital insurers such as OneDegree, Bowtie Life expand offering to tap tech-savvy clients, but yet to challenge traditional firms

Currently, five such digital players – four were issued licences by the Insurance Authority over the past two years and one, Blue, turned into a digital insurer from a traditional firm in 2018 – must ... ( read original story ...)

Posted on 05/12/2021

Green finance: Hong Kong agency to offer net-zero certification for firms under pressure to disclose carbon footprint and climate ambitions

We believe carbon reduction will transition from a voluntary initiative into a basic requirement in the next few years, says HKQAA's deputy CEO Two types of certifications validating achievement of ... ( read original story ...)

Posted on 05/12/2021

What’s a manifesto? Hong Kong’s Legislative Council candidates woo voters with 3-word slogans and brief statements – if that

Lack of effort in penning manifestos that explain what they stand for a sign that some are not really keen to contest city’s first ‘patriots’-only election, observers say. ( read original story ...)

Posted on 05/12/2021

Tech stocks from Meituan to Alibaba lead losses in Hong Kong as Chinese ride-hailing giant Didi prepares for US delisting

Hong Kong stocks fell on Friday as concerns about Chinese companies being kicked off American stock exchanges delivered a punch to technology giants, compounded by Didi Global’s move to delist from ... ( read original story ...)

Posted on 05/12/2021

Hong Kong eyes bigger role, market as it helps Hainan with free-trade port development

Hong Kong is helping Hainan’s development as the largest free-trade port in China, as the city looks for new channels to expand its manufacturing and services capacity and reach out to a larger market ... ( read original story ...)

Posted on 05/12/2021

Hong Kong’s ‘zero-Covid’ strategy will not work in long term, city needs to switch to living with virus, says top epidemiologist

Professor Keiji Fukuda, whose contract was not renewed by University of Hong Kong, is returning to US this month after five years in city Banning travellers from entering Hong Kong is 'not long-term ... ( read original story ...)

Posted on 05/12/2021

What was behind Hong Kong train door mishap? Prominent engineer questions official line, while transport group urges MTR to investigate

A veteran engineer dubbed “Hong Kong’s Detective Galileo” has questioned the MTR Corporation’s explanation that a loose billboard component was responsible for a rare accident in which a pair of ... ( read original story ...)

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