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Month: June 2022

Posted on 17/06/2022

BREAKING: Hong Kong tweaks Covid rules, two weeks ahead of July 1 celebrations

Hong Kong is tweaking Covid-19 rules again, two weeks ahead of a rumoured visit by China’s Xi Jinping for the July 1 Handover anniversary celebrations. Chief Executive Carrie Lam said the risk of ... ( read original story ...)

Posted on 17/06/2022

Coronavirus: Hong Kong ‘set to ramp up’ anti-pandemic bid amid surge in cases; crackdown on nightlife sector under way over new RAT rule

Hong Kong’s leader is set to ramp up anti-pandemic efforts in the city to tackle a recent surge in coronavirus cases, according to government sources. Chief Executive Carrie Lam Cheng Yuet-ngor was ... ( read original story ...)

Posted on 17/06/2022

Hong Kong bans some media outlets from swearing-in of new chief executive

Press crackdown continues as Japanese, US and Taiwanese reporters blocked from 1 July event, which is also 25th anniversary of British handover ... ( read original story ...)

Posted on 17/06/2022

Hong Kong’s biggest health crisis in 25 years: why did city stumble over Covid-19? Experts say it was too slow to change tactics, inflexible, put politics first

In Hong Kong, the epidemic lasted three months, leaving 1,755 infected and 299 dead. Wan came close to death. The former restaurant cashier was grateful she survived, and went on to raise three ... ( read original story ...)

Posted on 17/06/2022

Everbright Securities Dives as Hong Kong Unit Is Fined for Failing to Stop Money Laundering

Shares in China Everbright Securities plunged over 8 percent today after the country’s securities watchdog said the Hong Kong subsidiary of the leading Chinese brokerage has been fined HKD3.8 million ... ( read original story ...)

Posted on 17/06/2022

(HKSAR 25) Diversity, opportunity, safety: what attracts foreign residents to Hong Kong

Photo taken on July 8, 2021 shows a view of Tamar Park in south China's Hong Kong. (Xinhua/Wu Xiaochu) Since its return to the motherland in 1997, Hong Kong has become more inclusive and diverse, with ... ( read original story ...)

Posted on 17/06/2022

Hong Kong ranks fifth in list of world’s most competitive economies, climbing two spots over improved performance amid Covid pandemic

Hong Kong has climbed two places this year to reclaim the fifth spot in an annual global ranking of the world’s most competitive countries and regions, on the back of improved economic performance ... ( read original story ...)

Posted on 17/06/2022

Tech stocks lift Hong Kong market while Asian equities languish as investors fret about Fed policy outlook

Chinese stocks advance, bucking declines in major Asian markets, as investors fret about the risk of Fed-triggered recession. ( read original story ...)

Posted on 17/06/2022

(HKSAR 25) Feature: Diversity, opportunity, safety: what attracts foreign residents to Hong Kong

A visitor to Hong Kong may be first amazed by the variety of food the city has to offer: in addition to traditional Chinese food, one can easily find Japanese sushi, Thai curry and Spanish paella ... ( read original story ...)

Posted on 17/06/2022

Bank of China HK’s BoC Pay features Dodo Cheng and Chantel Yiu

Bank of China Hong Kong (BOCHK)’s BoC Pay has launched a new campaign featuring local artists, in support of the introduction of the second phase of the Consumer Voucher Scheme (CVS). The campaign ... ( read original story ...)

Posted on 17/06/2022

Most Asian markets on recession fears, Bank of Japan in focus

Asian markets mostly fell on Friday (Jun 17) after another hefty drop in New York and Europe as central bank interest rates hikes to counter soaring inflation fan fears of a recession. All eyes are ... ( read original story ...)

Posted on 17/06/2022

Watch: Hong Kong prepares for handover 25th anniversary

Hong Kong held an advance celebration of the 25th anniversary of its return to China on Thursday, featuring current leader Carrie Lam, and next leader John Lee, as well as officials from mainland ... ( read original story ...)

Posted on 17/06/2022

Soaring interest rates: Hong Kong’s new mortgage borrowers and highly leveraged buyers are most at risk in the property market

Hong Kong's Financial Secretary Paul Chan Mo-po and HKMA chief executive Eddie Yue Wai-man both warned home buyers to be mindful of higher interest rates The risks have been exacerbated by the ... ( read original story ...)

Posted on 17/06/2022

Hong Kong should make no mistake, high interest rates are here to stay

As the US Fed raises the cost of borrowing again and warns there may be more to come, the city must brace for pressure on its currency, more market volatility and mortgages pain As the US Federal ... ( read original story ...)

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