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Month: May 2022

Posted on 20/05/2022

Lawmakers grill officials over incoming leader’s ambitious plan to revamp Hong Kong government

Hong Kong legislators have questioned whether the incoming city leader’s plan to overhaul the government will translate into better delivery of public services and improvements in performance worth ... ( read original story ...)

Posted on 20/05/2022

Hong Kong biotech Prenetics tumbles after Nasdaq debut

Biotech company Prenetics has lost more than one-third of its value since listing on the Nasdaq this week, as the Hong Kong startup's chief executive warned that a key virus-screening business was set ... ( read original story ...)

Posted on 20/05/2022

Hong Kong ‘Still Matters’ for Business but Faces Political Uncertainty

But a rising risk of doing business in the Hong Kong special administrative region, as it’s known, is “the fact that there are now two sometimes inconsistent bodies of law operating in Hong Kong — the ... ( read original story ...)

Posted on 20/05/2022

Hong Kong government advisors recommend 4th jab for adults under 60 at higher risk of catching COVID-19

Adults under the age of 60 in Hong Kong who are at a higher risk of catching COVID-19 and got their third dose of vaccine at least six months ago may get their fourth shot, a government medical panel ... ( read original story ...)

Posted on 20/05/2022

US law firm denounced for joining event to mark Hong Kong security law

US law firm Davis Polk & Wardwell has been condemned for agreeing to participate in a Hong Kong government event to commemorate the city’s controversial. M ... ( read original story ...)

Posted on 20/05/2022

Hong Kong’s Feb-Apr unemployment jumps to 5.4per cent

HONG KONG : Hong Kong's seasonally adjusted unemployment rate jumped to 5.4per cent in the February-April quarter, the government said on Thursday, the highest since April-June quarter in 2021 as the ... ( read original story ...)

Posted on 20/05/2022

Hong Kong police arrest part-time cleaner for allegedly duping 7 elderly residents out of HK$790,000 by posing as sons

A Hong Kong man was arrested on suspicion of duping seven elderly people out of HK$790,000 (US$100,662) in a series of phone scams in which he posed as each victim’s son, police said on Friday. ( read original story ...)

Posted on 20/05/2022

Hong Kong stocks head for weekly gain as China cuts key interest rate to spur growth

Chinese banks cut the five-year loan prime rate (LPR), a reference for mortgage rates, to 4.45 per cent from 4.6 per cent. ( read original story ...)

Posted on 20/05/2022

More than 130 kittens, puppies confiscated in Hong Kong’s largest seizure of smuggled pets

The animals were handed over to the Agriculture, Fisheries and Conservation Department and the Society for the Prevention of Cruelty to Animals. ( read original story ...)

Posted on 20/05/2022

As Singapore and Hong Kong residents grapple with inflation and rising interest rates, is it better to rent or buy?

If you’re already struggling to pay today’s mortgage rates, it may be wiser to hold off your purchase until you are in a stronger financial position. ( read original story ...)

Posted on 20/05/2022

Hong Kong Dollar Traders Brace for Rate Spike Amid Intervention

Hong Kong dollar traders are girding for tighter liquidity in the banking system as the city’s de facto central bank drains cash to maintain the currency’s peg to the greenback. ( read original story ...)

Posted on 20/05/2022

CEO of Hong Kong testing company Prenetics looks beyond COVID

Hong Kong biotech start up Prenetics anticipates its covid-related business to be slashed after covid testing made up three quarters of its revenue last year, the company's CEO said on Thursday after ... ( read original story ...)

Posted on 20/05/2022

‘The King of Kowloon’, Hong Kong’s disobedient graffiti artist, gets a revival

Tsang Tsou Choi, who covered the city in rambling tales of resistance to authority, is being feted at Art Basel Hong Kong ... ( read original story ...)

Posted on 20/05/2022

Hong Kong’s Blindspot Gallery continues to break new ground

When Mimi Chun started a gallery in Hong Kong in 2010, she gave it a name that directly addressed what she was trying to tackle. She had studied photography and film, but found vanishingly few ... ( read original story ...)

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