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Month: August 2022

Posted on 16/08/2022

Hong Kong authorities to send copies of Xi speech to schools and kindergartens

Education Bureau to make copies of Xi’s handover speech available to collect from Tuesday, marking first time a state leader’s address will be given to teachers for study. ( read original story ...)

Posted on 16/08/2022

Hong Kong police to deploy technology to combat misinformation, new PR chief says

New police head of PR says hi-tech public opinion tracker will help quell rumours and misinformation Assistant Commissioner of Police Joe Chan adds new PR wing will tell 'good stories' about police, ... ( read original story ...)

Posted on 16/08/2022

Yum China applies to add primary listing in Hong Kong

Yum China Holdings Inc said on Monday it has applied for a voluntary conversion of its secondary listing status to a primary listing on the Hong Kong Stock Exchange. ( read original story ...)

Posted on 16/08/2022

Hong Kong police crack down on 4 syndicates swindling HK$193 million in pandemic relief funds for companies

Police arrest 18 people in scam involving 35 companies, which applied for loans under scheme that aimed at helping small and medium-sized enterprises. ( read original story ...)

Posted on 16/08/2022

Hong Kong’s Magic Empire stock rallies 77% after plunging 93% last week (Update)

Hong Kong-based Magic Empire stock (MEGL) rocketed 77% on Monday after plunging last week in the wake of a spectacular $20M US initial public offering ... ( read original story ...)

Posted on 16/08/2022

Former Hong Kong girls’ school teacher turned activist jailed for 9 months for unlawful assembly during June 2019 social unrest

Court hears teacher turned publisher lost most of his vision in right eye after he was hit by a tear-gas canister at 2019 demonstration Magistrate insists injury could not be used in mitigation ... ( read original story ...)

Posted on 16/08/2022

Hong Kong’s ETF IPOs slammed by market volatility, China worries

Hong Kong’s exchange-traded fund listings fell in the first half of the year and funds raised plunged 87.3% amid global market volatility, with the outlook for the second half clouded by a risk-off ... ( read original story ...)

Posted on 16/08/2022

Hong Kong Sees Record Population Drop; Political Changes, Pandemic Blamed

More than 113,000 residents left the city in the past year, a record 1.6% decline and the biggest ever drop since record keeping began more than 60 years ago ... ( read original story ...)

Posted on 16/08/2022

Hong Kong authorities to send copies of speech by Xi Jinping to local schools and kindergartens

Education Bureau to make copies of Xi's handover speech available to collect from Tuesday, marking first time a state leader's address will be given to teachers for study Teachers expected to ... ( read original story ...)

Posted on 15/08/2022

Hong Kong’s audit watchdog expands probe into embattled China Evergrande’s property services unit

Hong Kong’s audit watchdog extends probe into China Evergrande’s property services unit as questions loom over its 13.4 billion yuan deposit guarantee, first disclosed in July. ( read original story ...)

Posted on 15/08/2022

Yum China applies for primary listing in Hong Kong

Yum China Holdings Inc said on Monday it has applied for a voluntary conversion of its secondary listing status to a primary listing on the Hong Kong Stock Exchange. ( read original story ...)

Posted on 15/08/2022

Hong Kong Regulator Widens Probe Into China Evergrande

The city’s Financial Reporting Council said the developer’s disclosure about how $2 billion was seized from a unit raises questions about the company’s past audits and financial reporting. ( read original story ...)

Posted on 15/08/2022

China cuts rates as lockdowns and a real estate crisis take their toll

China's central bank cut interest rates on Monday as new data showed the economy losing steam last month because of renewed Covid lockdowns and a deepening property downturn. ( read original story ...)

Posted on 15/08/2022

Hong Kong audit watchdog expands probe into Evergrande’s unit

Hong Kong's audit regulator said on Monday it has initiated an enquiry into the financial statements of China Evergrande Group's property services unit and its former auditor after questions were ... ( read original story ...)

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