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Month: October 2022

Posted on 08/10/2022

Hong Kong: five teenagers sentenced in first security case involving minors

Group, some as young as 15 at time of alleged offence, detained for up to three years for ‘inciting others to subvert state power’ ... ( read original story ...)

Posted on 08/10/2022

US warned Hong Kong against providing a ‘safe haven’ for sanctioned oligarchs after a $500 million superyacht docked in the city’s harbor

A US state department spokesperson told the FT Hong Kong's harboring of the sanctioned yacht called into question its business environment. ( read original story ...)

Posted on 08/10/2022

Five Hong Kong teenagers sentenced in first security case involving minors

Five teenagers with a Hong Kong group advocating independence from Chinese rule were ordered by a judge on Saturday to serve up to three years in detention at a correctional facility, for urging an ... ( read original story ...)

Posted on 08/10/2022

Elon Musk says conflict between Taiwan and China could be resolved by making the island a ‘special administrative zone’ similar to Hong Kong

Musk took criticism last week after suggesting a similar plan to end the conflict between Ukraine and Russia. ( read original story ...)

Posted on 08/10/2022

US warns Hong Kong over oligarch’s superyacht docked in its waters

The US has warned that Hong Kong risked becoming a haven for Russian oligarchs after the Chinese territory said it would not enforce western sanctions on a superyacht owned by billionaire Alexei ... ( read original story ...)

Posted on 08/10/2022

Superyacht linked to Russian billionaire mysteriously shows up in Hong Kong

By Michelle Toh, CNN A megayacht linked to a sanctioned Russian oligarch has dropped anchor in Hong Kong, amid efforts by the West to seize the luxury assets of Russian elites in allied ports as the ... ( read original story ...)

Posted on 08/10/2022

Explainer: Hong Kong Chief Executive John Lee’s first 100 days in office

Proclaiming that Hong Kong had managed to “restore order from chaos” since the enactment of the Beijing-imposed national security law, the new chief executive inherited a “patriots-only” legislature ... ( read original story ...)

Posted on 08/10/2022

To turbocharge home ownership, Hong Kong needs a new subsidised housing scheme

Subsidised housing prices should be tied to household income, not land premiums, to give more families home ownership opportunities Allowing more people to buy their own homes would ease the ... ( read original story ...)

Posted on 08/10/2022

MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review

Asian equities were off overnight on light volumes as Fed tightening fears reignited though the region posted gains for the week. ( read original story ...)

Posted on 08/10/2022

China finance ministry to issue an extra 5.5 bln yuan of treasury bonds in Hong Kong

China's finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on Oct. 12. ( read original story ...)

Posted on 07/10/2022

Hong Kong says it does not enforce sanctions imposed by other countries after superyacht linked to under-fire Russian billionaire arrives

Officials say the city has no obligation to enforce US, EU and UK sanctions after superyacht linked to Russian billionaire drops anchor off Hong Kong But legal experts warn that secondary action could ... ( read original story ...)

Posted on 07/10/2022

Sanctioned Russian billionaire’s $500 million superyacht leaves Russia after 7 months to sail to Hong Kong

Nord, owned by Russia's third-richest person Alexei Mordashov, was anchored in Russia until September 28 when it set sail for Hong Kong. ( read original story ...)

Posted on 07/10/2022

Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong

Hong Kong's flagship airline Cathay Pacific is facing "unprecedented" staff shortages and may not be ready to handle a surge in demand, as the city winds up its strict Covid policy and reopens for ... ( read original story ...)

Posted on 07/10/2022

Luxury yacht owned by sanctioned Russian oligarch docked in Hong Kong

A luxury yacht worth over half a billion U.S. dollars belonging to sanctioned Russian oligarch Alexey Mordashov has docked in Hong Kong waters, according to shipping records, after a week-long voyage ... ( read original story ...)

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