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Month: June 2022

Posted on 02/06/2022

Fugitive Hong Kong politician Ted Hui found guilty of contempt of court in absentia for skipping bail in criminal cases

High Court judge declares Hui guilty after accepting justice department’s contention the Australia-based ex-lawmaker had abandoned his right to defend himself. ( read original story ...)

Posted on 02/06/2022

Hong Kong stocks fall most in a week as Meituan slips before earnings while new data underpins Fed tightening bias

Meituan is set to report a wider net loss as crackdown and lockdown likely eroded earnings power last quarter, analysts forecast Strong US manufacturing data and job openings underpin concerns about ... ( read original story ...)

Posted on 02/06/2022

Wego Group Said to Tap Banks for Dialysis Unit Hong Kong IPO

China’s Wego Group has selected advisers for a Hong Kong initial public offering of its dialysis unit, according to people familiar with the matter.Most Read from BloombergElon Musk’s Ultimatum to ... ( read original story ...)

Posted on 02/06/2022

WM Motor eyes $1 billion IPO, report says

EV starup WM expects to launch a total of 5 EVs by 2022, targeting China’s young and tech-savvy users, particularly families ... ( read original story ...)

Posted on 02/06/2022

HSBC Buys back Over 3.09M Shrs in HK, London Ytd for $162M

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.0929 million shares in London and Hong Kong yesterday (1st), involving a total of approximately HKD162 million. HSBC repurchased ... ( read original story ...)

Posted on 02/06/2022

HSBC plans $448 million investment in Chinese business – Xinhua

HONG KONG (Reuters) -HSBC Holdings plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state news agency Xinhua, saying he sees challenges ... ( read original story ...)

Posted on 02/06/2022

Unlike the rest of the world, Hong Kong isn’t suffering from a rise in energy prices: DBS Bank

Sebastian Paredes of the bank explains why inflation remains relatively low in Hong Kong. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ... ( read original story ...)

Posted on 02/06/2022

US law firm Dorsey & Whitney joins peer in relocating to Hong Kong’s Central business district amid falling rents

Big companies are looking to move to Central or relocate within the city’s main business district, as they take advantage of falling rents, say market observers. ( read original story ...)

Posted on 02/06/2022

Hong Kong – What Does Ancillary Relief Mean In Divorce Proceedings?

What Does Ancillary Relief Mean In Divorce Proceedings? Legal News and Analysis - Hong Kong - Dispute Resolution - ... ( read original story ...)

Posted on 02/06/2022

Hong Kong Backpedals on Home Quarantine for Covid Sub-Variants

Hong Kong is reviving one of its toughest Covid Zero measures, forcing patients with even mild infections caused by new omicron sub-variants and their close contacts into centralized quarantine to ... ( read original story ...)

Posted on 02/06/2022

Hong Kong – Court Refuses Enforcement Of Mainland Arbitral Award.

Hong Kong - Court Refuses Enforcement Of Mainland Arbitral Award. Legal News and Analysis - Hong Kong - Dispute Resolution - ... ( read original story ...)

Posted on 02/06/2022

Three fourth-year students selected as 2022 Class Day speakers

University of Chicago fourth-year students David Liang, Zara Malik and Allison Mattessich will deliver remarks to their fellow graduates as part of the College’s fifth annual Class Day ceremony.  Each ... ( read original story ...)

Posted on 02/06/2022

China slams Biden, Ardern comments on Xinjiang, Hong Kong, Taiwan

China's foreign ministry on Wednesday slammed a joint statement by the leaders of the United States and New Zealand that expressed "grave concerns" on human rights violations in Xinjiang and the ... ( read original story ...)

Posted on 02/06/2022

Blue Safari Group Acquisition Corp. Announces Contribution to Trust Account to Extend Period to Consummate Business Combination

Blue Safari Group Acquisition Corp. (NASDAQ: BSGA, the “Company”), a special purpose acquisition company, announced today that it has deposited into the Company’s trust account (the “Trust Account”) ... ( read original story ...)

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