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Month: February 2022

Posted on 16/02/2022

Standard Chartered HK says it has qualified as direct CIPS offshore participant

SHANGHAI, Feb 14 (Reuters) - Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China's Cross-border Interbank ... ( read original story ...)

Posted on 16/02/2022

Overwhelmed Hong Kong hospitals set up outdoor wards

Two Hong Kong hospitals begin placing patients in beds outside their entrances, as medical facilities struggle to cope with the city's worst coronavirus wave to date. Before the current outbreak, Hong ... ( read original story ...)

Posted on 16/02/2022

Hong Kong Hospital Wards Overflow as Omicron Defies Zero-Covid Policies

WSJ breaks down the science of long Covid and the state of treatment. Illustration: Jacob Reynolds for The Wall Street Journal HONG KONG—As spiraling Omicron cases overwhelm Hong Kong’s health system, ... ( read original story ...)

Posted on 15/02/2022

Hong Kong Tries to End Covid Without Nightmare-Scenario Lockdown

“A total lockdown of the entire Hong Kong territory would not be feasible and would do great harm to our status as an international financial center,” Tong said. “But would there be a district ... ( read original story ...)

Posted on 15/02/2022

Remembering Hong Kong now that its long good-bye as a bastion of liberalism has accelerated

This suggests that Asian countries could make the most progress by strengthening their banking and investment institutions, perhaps by enhancing transparency and corporate governance. Hong Kong is ... ( read original story ...)

Posted on 15/02/2022

Fears of online censorship in Hong Kong as rights group website goes down

UK-based Hong Kong Watch says outage could be part of wider Beijing crackdown Last modified on Tue 15 Feb 2022 08.04 EST The website of a UK-based advocacy group appears to have become inaccessible ... ( read original story ...)

Posted on 15/02/2022

EV Maker Hozon Picks Banks for $1 Billion Hong Kong IPO

Hozon New Energy Automobile Co., a startup that makes affordable electric vehicles, has picked banks including China International Capital Corp. and Citic Securities Co. for an initial public offering ... ( read original story ...)

Posted on 15/02/2022

Hong Kong Plans to Issue First Green Bond for Retail Investors

Retail investors in Hong Kong will soon be able to buy green bonds for as little as HK$10,000 ($1,281) as the city looks to expand its role as a sustainable finance hub. The Hong Kong government is ... ( read original story ...)

Posted on 15/02/2022

Hong Kong singer arrested for allegedly acting with seditious intent and money laundering

The Security Bureau froze around HK$140,000 worth of assets in connection to the case citing the Implementation Rules for Article 43 of the Beijing-imposed security legislation. The amount frozed ... ( read original story ...)

Posted on 15/02/2022

In a first, Hong Kong to issue green bonds worth US$768 million to city’s retail investors

The bonds, which will have a tenor of three years, guarantee a minimum payment of 2 per cent Hong Kong identity card holders will be able to subscribe in HK$10,000 increments starting March 1 Hong ... ( read original story ...)

Posted on 15/02/2022

Is the Banking Sector Adequately Supporting the LGBTQ+ Community?

With the banking industry legally requiring customers to prove their ... A recent study—conducted by Denise Tse-Shang Tang, an assistant professor at Hong Kong’s Lingnan University, and Celine Tan, ... ( read original story ...)

Posted on 15/02/2022

Hong Kong rules out citywide lockdown as cases continue to surge

HONG KONG, Feb 15 (Reuters) - Hong Kong leader Carrie Lam on Tuesday ruled out a citywide lockdown to fight COVID-19, but a surge of infections meant she could not "preclude" the possibility of ... ( read original story ...)

Posted on 15/02/2022

Coronavirus: Hong Kong start-up ProcureNet aims to relieve city’s rapid test kits shortage through Mannings

ProcureNet, a pharmaceutical materials supplier, has signed a deal with Mannings to make its RAT kits available in the city The start-up plans to donate the first batch of 50,000 test kits in Hong ... ( read original story ...)

Posted on 15/02/2022

Recent China-Hong Kong Inbound and Outbound Investments into Asia

To reserve your early bird discounted copy for just US$100, please click here. Offer valid until closing of business, Wednesday, February 16. Hong Kong had significant volumes and across industries ... ( read original story ...)

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