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Month: March 2022

Posted on 30/03/2022

Hong Kong leader says city’s brain drain is ‘unarguable’

HONG KONG (Reuters) -Hong Kong leader Carrie Lam said it was "unarguable" that the global financial hub was seeing a brain drain due to stringent coronavirus rules, but added she valued the city's ... ( read original story ...)

Posted on 30/03/2022

UK judges resign from Hong Kong court over security law

By Michael Holden LONDON (Reuters) -Two senior British judges, including the president of the UK Supreme Court, have submitted their resignation from Hong Kong's highest court, saying their role was ... ( read original story ...)

Posted on 30/03/2022

British judges quit Hong Kong’s top court over new security law

Robert Reed and Patrick Hodge said they could no longer serve in the Chinese territory “without appearing to endorse an administration which has departed from values of political freedom.” ... ( read original story ...)

Posted on 30/03/2022

Lessor BOC Aviation repossesses 747-8 cargo plane from Russian operator

A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd to ... ( read original story ...)

Posted on 30/03/2022

Hong Kong’s Covid-19 battle has ‘brain drained’ economy as house prices are forecast to fall

While some restrictions are due to be eased next month, Hong Kong’s battle with Covid-19 will fuel a shrinking economy and plunging house prices, ... ( read original story ...)

Posted on 30/03/2022

Hong Kong Exchange to trial digital assets trading in ‘Diamond’ pilot

The Hong Kong Exchange (HKEX) revealed on Tuesday its plans to launch “Diamond,” a trading platform to pilot digital assets in 2022. See related article: China’s e-CNY pilot to boost Hong Kong as ... ( read original story ...)

Posted on 30/03/2022

Covid Live Updates: Omicron Subvariant Is Now Dominant in U.S.

Federal health officials clear second Covid booster shots for those 50 and older, and some immunocompromised people. Hong Kong is running low on coffins amid its deadliest Covid wave. Pfizer and ... ( read original story ...)

Posted on 30/03/2022

Hong Kong’s IPO Drought Shown in Worst Quarter of Pandemic Era

Initial public offerings in Hong Kong slumped to the lowest level since the start of the pandemic, with external factors ranging from inflation to the war in Europe adding to China-related woes.Most ... ( read original story ...)

Posted on 30/03/2022

Ferretti navigates choppy markets to launch €890mn Hong Kong IPO

Italian yachtmaker Ferretti shelved its planned Milan listing at the last minute. It is now going public in Hong Kong — a nod to its main shareholder, ... ( read original story ...)

Posted on 30/03/2022

State Street Dropped as Manager of Hong Kong’s Biggest ETF

Hong Kong appointed a Hang Seng Bank Ltd. unit to manage the city’s largest exchange traded fund, replacing State Street Corp. after the U.S. firm became embroiled in a controversy over sanctioned ... ( read original story ...)

Posted on 30/03/2022

Hong Kong remains a talent pool: Carrie Lam

Chief Executive Carrie Lam said on Wednesday that the number of people settling in Hong Kong or leaving the city cannot accurately gauge the level ... ( read original story ...)

Posted on 30/03/2022

Hong Kong leader says city’s brain drain ‘unarguable’

Hong Kong leader Carrie Lam said it was "unarguable" that the global financial hub was seeing a brain drain due to stringent coronavirus rules, but said she valued the city's international status and ... ( read original story ...)

Posted on 30/03/2022

Coronavirus: Hong Kong leader concedes anti-pandemic measures contributed to brain drain, vows to uphold city’s international status

Carrie Lam reveals she had a virtual meeting with diplomats and representatives of the business community, saying she 'fully understands their anxiety' Insisting 'no one' cares more about Hong Kong's ... ( read original story ...)

Posted on 30/03/2022

Hong Kong Home Prices Could Slump 20% by 2025, Goldman Says

Hong Kong’s home prices will decline about 20% during the next four years as a worsening economy and rising interest rates hit demand, according to analysts at Goldman Sachs Group Inc. ( read original story ...)

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