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Month: May 2022

Posted on 25/05/2022

Hong Kong stocks waver as China asks lenders to support property sector while tech slide persists on earnings risk

HSBC jumped 3.3 per cent to HK$51.05 while ICBC added 0.9 per cent to HK$4.68. Top officials at the People’s Bank of China met with major lenders this week to review credit flows in the system, the ... ( read original story ...)

Posted on 25/05/2022

Hong Kong Customs seize HK$10 million worth of products since ban on e-cigarettes

Hong Kong Customs have seized HK$10 million worth of products since the ban on alternative smoking products, including e-cigarettes, took effect close to a month ago. Divisional Commander of the Air ... ( read original story ...)

Posted on 25/05/2022

Development – partnerships, revenue growth and Hong Kong investment

This week, PIT delves into the latest in property development news – from the new partnership between ilke Homes and Man GPM to deliver new modular homes in Wellingborough, to a new tie-up that will ... ( read original story ...)

Posted on 25/05/2022

Dad in Hong Kong forced to pay $4,200 after son knocks over gold Teletubbies figure in toy store

A father was forced to pay HK$33,600 (approximately $4,255) as compensation after his 5-year-old boy knocked over a golden Teletubbies figure in a Hong Kong designer toy store. On Sunday evening, the ... ( read original story ...)

Posted on 25/05/2022

One-Trick Pony Boan Biotech Files for Hong Kong IPO Into Tough Market

Boan Biotechnology sells only one product so far and is facing stiff competition from other similar drugs Luye Pharma bought Boan in 2020 and is taking it ... ( read original story ...)

Posted on 25/05/2022

Hong Kong Catholic cardinal criticises China deal after national security arrest

Hong Kong's Cardinal Joseph Zen - in his first public remarks since he was arrested in a national security case earlier this month - on Tuesday criticised the Vatican for its "unwise" deal with China ... ( read original story ...)

Posted on 25/05/2022

Climate risks could cut profits at HSBC, Standard Chartered and other banks by 15 per cent, Bank of England says

Hong Kong is the largest market for HSBC and Standard Chartered, which are based in London with the Bank of England as their chief regulator. The stress test used three scenarios to examine the ... ( read original story ...)

Posted on 25/05/2022

Hong Kong cardinal denies failing to register fund that helped dissidents

Cardinal Joseph Zen of Hong Kong, along with five other people, denied charges in court on Tuesday that they failed to register a relief fund that was assisting protestors who faced legal and medical ... ( read original story ...)

Posted on 25/05/2022

Cardinal Zen appears in Hong Kong court after arrest by Chinese Communist Party

Cardinal Joseph Zen, former archbishop of Hong Kong, appeared in court Tuesday after his unceremonious arrest by Chinese Communist Party officials. ( read original story ...)

Posted on 24/05/2022

Arrested Catholic cardinal denies charges amid Hong Kong’s crackdown on dissent

The former leader of Hong Kong's Roman Catholics and five others have denied charges related to a fund aimed at helping antigovernment protesters. ( read original story ...)

Posted on 24/05/2022

Hong Kong Catholic churches will not hold annual Tiananmen memorial mass for first time in decades over national security law concerns

Hong Kong Catholic diocese reveals decision on Tuesday, saying there are ‘different ways to remember the deceased’. ( read original story ...)

Posted on 24/05/2022

Cardinal in court over fund to help Hong Kong democracy activists

An outspoken Catholic cardinal has appeared in court in Hong Kong charged with failing to properly register a defence fund for pro-democracy campaigners in 201 ... ( read original story ...)

Posted on 24/05/2022

Hong Kong cardinal, 90, in court accused of breaking China’s national security law

Joseph Zen was one of the trustees of the now-defunct 612 Humanitarian Relief Fund, which was set up in 2019 to help anti-government protesters with legal or medical costs. ( read original story ...)

Posted on 24/05/2022

Hong Kong Catholic church cancels Tiananmen memorial Mass

With the huge Victoria Park candlelit commemorations blocked starting 2020, the church memorials were the last organized marking of the Tiananmen Square massacre in 1989. ( read original story ...)

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