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Month: June 2022

Posted on 07/06/2022

Hong Kong stocks lower at start of trade

Hong Kong stocks opened slightly lower on Tuesday morning following a strong run-up the day before, with traders awaiting the release of key US and ... ( read original story ...)

Posted on 07/06/2022

Arrests Made in ‘Dead’ Hong Kong as Tiananmen Anniversary Gatherings Banned

Victoria Park saw heavy police presence on Saturday as concerns arose that it might be used for "illegal activities." ... ( read original story ...)

Posted on 07/06/2022

Hong Kong Stock Market Expected To Open In The Green

(RTTNews) - The Hong Kong stock market on Monday snapped the two-day losing streak in which it had stumbled more than 330 points or 1.6 percent. The Hang Seng Index now rests just above the ... ( read original story ...)

Posted on 07/06/2022

Tiananmen: Hong Kong students hide tiny “democracy goddesses” on campus

Students at a Hong Kong university have hidden tiny figurines of a "democracy goddess" around campus in the lead-up to Saturday's anniversary of the Tiananmen Square massacre. The anonymous acts defy ... ( read original story ...)

Posted on 07/06/2022

Hong Kong Two Years After the Passage of the National Security Act

China and Hong Kong will surely celebrate the National Security Law for its contributions to the stability of the heretofore fractious Special Autonomous ... ( read original story ...)

Posted on 07/06/2022

Investors hoping to pounce on summer IPOs may be out of luck. Here’s why

The U.S. initial public offering market is staring down another slow week with just one small deal on tap, capping a period of little-to-zero activity ... ( read original story ...)

Posted on 06/06/2022

Asian insurer FWD delays $1b Hong Kong IPO amid volatile market

Asian insurer FWD Group has delayed its $1 billion Hong Kong initial public offering (IPO) because of volatile financial markets, according to three sources with direct knowledge of the matter. FWD ... ( read original story ...)

Posted on 06/06/2022

Richard Li-Backed Insurer FWD Said to Postpone Hong Kong IPO

FWD Group Holdings Ltd., the Asian insurer backed by Hong Kong billionaire Richard Li, has decided to postpone its Hong Kong initial public offering due to market volatility, according to people ... ( read original story ...)

Posted on 06/06/2022

Hong Kong’s top officials could be put under week-long ‘closed-loop’ arrangement ahead of 25th handover anniversary celebrations

Hong Kong’s top officials and advisers to the chief executive are expected to be put under a week-long “closed-loop” arrangement towards the end of June, as part of preparations for a possible visit ... ( read original story ...)

Posted on 06/06/2022

Funding for Hong Kong child protection group cut by HK$1.8 million after abuse allegations

Authorities deduct more than HK$1.8 million after 34 staff at care facility were arrested for allegedly abusing 40 toddlers. ( read original story ...)

Posted on 06/06/2022

Hong Kong’s Property Market Isn’t a One-Way Bet Anymore

Hong Kong property prices have had some dips and bumps over the past 15 years but have been more or less irrepressible. That might be about to change. ( read original story ...)

Posted on 06/06/2022

Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading

China's Caixin Services PMI released Monday came in at 41.4, an improvement over April's reading of 36.2 but still in contraction territory. ( read original story ...)

Posted on 06/06/2022

Hong Kong’s AI drug discovery firm Insilico closes $60M Series D

Insilico Medicine, a Hong Kong-based company that has been using artificial intelligence to discover new drugs since 2014, has completed a fresh round of funding. It’s a sign that certain ... ( read original story ...)

Posted on 06/06/2022

Hong Kong schools should remove books that endanger national security, education secretary says

Hong Kong’s education secretary has brushed aside concerns over self-censorship at schools while maintaining that it was their duty to ensure they did not have any titles that might endanger national ... ( read original story ...)

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