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Month: January 2022

Posted on 13/01/2022

Hong Kong airport authority kicks off greenwashing debate with landmark issue

A ‘remarkable’ global dollar bond from Airport Authority Hong Kong raises the question of whether any member of the aviation sector should include a green tranche within its funding structure. ( read original story ...)

Posted on 13/01/2022

Bank of China Released Report on Global Asset Allocation Strategy: A-shares and H-shares are Recommended

NEW YORK, NY / ACCESSWIRE / January 13, 2022 / Bank of China (SEHK:3988) released the Report on Global Asset Allocation Strate ... ( read original story ...)

Posted on 13/01/2022

First person convicted under Hong Kong’s national security law drops appeal

The first person convicted under Hong Kong's national security law and jailed for nine years last July has dropped his decision to appeal, his lawyer said on Thursday. ( read original story ...)

Posted on 13/01/2022

China’s R&F Properties Hong Kong arm put in ‘selective’ default by S&P

Chinese developer Guangzhou R&F Properties, which has a number of super-sized projects in global cities such as London, saw its Hong Kong offshoot declared in "selective default" on Thursday after it ... ( read original story ...)

Posted on 13/01/2022

Shares of cruise ship operator Genting Hong Kong slide more than 50%

Shares in Genting Hong Kong lost more than half of their value on Thursday after the company, which owns a cruise ship builder in Germany, issued a dire financial warning. Genting Hong Kong is ... ( read original story ...)

Posted on 13/01/2022

HSBC, Bank of China at multi-month highs show fund managers love banking stocks as margins, dividends add to gloss

Banking stocks are quietly rallying while technology companies grab the headlines, with market leaders like HSBC Holdings and Bank of China (Hong Kong) surging to multi-month highs in the opening days ... ( read original story ...)

Posted on 13/01/2022

Hong Kong’s central bank unveils plans for new crypto regulation in July 2022

The Hong Kong Monetary Authority has unveiled plans for a new regulatory regime, revealing ties with crypto hub Singapore. The de facto central bank would implement the regulation in stablecoins, ... ( read original story ...)

Posted on 13/01/2022

Hong Kong’s Omicron outbreak expected to end by early February, leading health adviser says

Current explosion of cases could peter out by Lunar New Year provided no unlinked local cases emerge, Professor Yuen Kwok-yung says. ( read original story ...)

Posted on 13/01/2022

Omicron will challenge Hong Kong’s zero-Covid policy, ex-U.S. diplomat says

The highly transmissible omicron variant will be a "very difficult challenge" as Hong Kong sticks to its zero-Covid policy, said Kurt Tong of The Asia Group. ( read original story ...)

Posted on 13/01/2022

Tech stocks slip in Hong Kong while slump in Chinese property stocks pegs back market bulls

A rally in Chinese technology stocks unravelled as traders locked in sizeable gains from the past week. Mainland developers tumbled amid new signs of distress in the sector. ( read original story ...)

Posted on 13/01/2022

Destroying Democracy: China in Hong Kong

On July 1, 1997 the United Kingdom formally handed Hong Kong over to China under an agreement that was supposed to give Hong Kong 50 years of autonomy: ... ( read original story ...)

Posted on 13/01/2022

Hong Kong stocks retreat on tech pullback, property slump while PetroChina, CNOOC temper losses

Tech takes a breather after a 5 per cent surge on Wednesday as Alibaba, Tencent lead peers lower; gains in PetroChina, CNOOC temper losses An index tracking mainland developers slumps by the most in a ... ( read original story ...)

Posted on 13/01/2022

Wear two masks to keep Omicron variant at bay, say Hong Kong experts

Wearing a cloth mask over a surgical mask can "tighten the gap not covered by the surgical mask, which is often very loose," said David Hui, a professor at the Chinese University of Hong Kong ... ( read original story ...)

Posted on 13/01/2022

More national security legislation isn’t what Hong Kong needs right now: Advisory firm

Kurt Tong of The Asia Group says Hong Kong should focus on its economic situation instead. He adds that he was encouraged to see Chief Executive Carrie Lam put significant emphasis on housing and ... ( read original story ...)

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