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Month: May 2022

Posted on 04/05/2022

Coronavirus: Hong Kong sports community fears a lost generation of junior athletes, despite facilities finally reopening

Senior figures in Hong Kong’s sporting community have welcomed the government’s announcement that swimming pools will reopen on Thursday, and that masks will no longer be required for outdoor sports, ... ( read original story ...)

Posted on 04/05/2022

DLA Piper poaches Linklaters energy-focused finance partner in Hong Kong

Chen joins DLA Piper as a partner from Linklaters in Hong Kong She focuses on energy project financing in Greater China and projects under China's Belt and Road Initiative The company and law firm ... ( read original story ...)

Posted on 03/05/2022

Hong Kong Q1 GDP down 4pct after deadly Omicron surge

The southern Chinese financial hub enjoyed four successive quarters of growth in 2021, recovering from a two-year recession prompted by social turmoil and the start of the pandemic. Hong Kong largely ... ( read original story ...)

Posted on 03/05/2022

HSBC’s biggest shareholder reignites debate about breaking up the bank

Hong Kong (CNN Business)HSBC has long prided itself on being the bank that connects East and West. Now it's under pressure to rethink that model after a challenge from its top shareholder, one of the ... ( read original story ...)

Posted on 03/05/2022

Hong Kong loosens Covid rules after sharp economic contraction

We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong news every morning. Hong Kong announced an unexpected loosening of coronavirus social distancing restrictions on Tuesday as ... ( read original story ...)

Posted on 03/05/2022

Bilibili seeks dual-primary listing in Hong Kong by October 3, as short video platform moves to bolster home ties

It did not provide more details about its IPO plan. Enoch joined the Post as a business reporter ... She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top ... ( read original story ...)

Posted on 03/05/2022

Hong Kong stocks cling onto last week’s gains, HSBC jumps

Bank of China Hong Kong was the top gainer on the Hang Seng Index, up 4.71%, following strong results after market close on Friday. Markets in London and Hong Kong were closed on Monday for a holiday. ( read original story ...)

Posted on 03/05/2022

Hong Kong’s Exchange Fund posts US$7 billion quarterly loss amid ‘triple whammy’ hit from slumping stocks, bonds and a stronger US dollar

Hong Kong's Exchange Fund reported its third-biggest quarterly investment loss in nearly two decades, as the city's financial war chest suffered what the de facto central bank called a "triple ... ( read original story ...)

Posted on 03/05/2022

HSBC Shares Rise in Hong Kong as Top Holder Supports Split

(Bloomberg) -- HSBC Holdings Plc shares in Hong Kong rose after it emerged late Friday that the bank’s largest active investor would support a breakup of the lender on the basis that a separate ... ( read original story ...)

Posted on 03/05/2022

Hong Kong economy shrinks 4% under anti-virus controls

HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in March after the Chinese territory shut restaurants and other businesses to fight a spike in ... ( read original story ...)

Posted on 03/05/2022

Why Hong Kong plummeted 68 places in the recent press freedom rankings

A number of journalists in Hong Kong have been jailed due to their reportage and that result in their drastic fall in the rankings published by media rights watchdog Reporters Without Borders (RSF). ( read original story ...)

Posted on 03/05/2022

Hong Kong’s GDP falls more than expected on Covid curbs, trade

HONG KONG (BLOOMBERG) - Hong Kong's economy contracted last quarter for the first time in more than a year as local restrictions to curb Covid hit activity and China's own omicron outbreak disrupted ... ( read original story ...)

Posted on 03/05/2022

Hong Kong Q1 GDP Shrinks More Than Expected on COVID Curbs

Hong Kong's economy contracted in the first quarter of this year as the city imposed its most stringent restrictions to curb an outbreak of COVID-19 that has battered business, led to an exodus of ... ( read original story ...)

Posted on 03/05/2022

HSBC faces call to spin off Asia business with Hong Kong listing

Global banking group HSBC is under mounting pressure as Ping An argued that an independent Asia business listed in Hong Kong would have higher profitability, lower capital requirements and more ... ( read original story ...)

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