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Month: June 2023

Posted on 30/06/2023

HSBC accused by US and UK lawmakers of oppressing Hong Kong residents on pensions

Two influential China hawks in the US Congress and UK parliament have accused HSBC of oppressing Hongkongers over pension rights if they want to emigrate, in a sign of the pressure on the bank as it ...

Posted on 30/06/2023

Hong Kong pro-democracy radio station closes in face of ‘dangerous’ pressure

A Hong Kong pro-democracy radio station will air its final show Friday evening, ending nearly two decades of broadcasting due to what it called a "dangerous” political situation.

Posted on 30/06/2023

Hong Kong government to sell only 2 plots of residential land in second quarter of financial year amid weak market sentiment

Hong Kong’s government has defied market expectations by announcing it will sell only two plots of residential land in the second quarter of the financial year – about half the number forecast by some ...

Posted on 30/06/2023

A Playlist for the Revolution review – Hong Kong romcom turns serious

Set against a backdrop of the 2019 Hong Kong protests, AJ Yi’s thought-provoking and zingy culture-clash comedy contrasts online bedroom activism with the real thing

Posted on 30/06/2023

Hong Kong’s Crypto Hail Mary Is Risky Business

The city is jumping into the gap left by the U.S. on cryptocurrencies—despite a very different attitude in mainland China.

Posted on 30/06/2023

‘Hong Kong out of political quagmire and should not go down wrong path again’

Zheng Yanxiong, director of the central government’s local liaison office in the city, notes that a ‘lovely Hong Kong’ has returned.

Posted on 30/06/2023

Hong Kong property: plot of land for flats in Kennedy Town fetches just 6 bids as high interest rates, market gloom deter developers

The first government land tender of this financial year ended up attracting far fewer bids than expected as the prospect of further interest rate hikes and new housing supply dimmed the outlook for ...

Posted on 30/06/2023

Chinese Chip Maker Set to Test Hong Kong’s New IPO Rules

Black Sesame International Holding, a Chinese chip maker specializing in autonomous-driving systems, has become the first company to file for a listing under Hong Kong’s IPO regime for businesses that haven’t yet met regular revenue thresholds.

Posted on 30/06/2023

Hong Kong prepares ‘patriotic’ holiday on 26th China handover anniversary

The Hong Kong government will celebrate Saturday the 26th anniversary of the return to Chinese sovereignty of the former British colony with a patriotic festival following the pandemic and pro-democracy protests that hit the territory in 2019.

Posted on 30/06/2023

Hong Kong’s OneDegree Closes $55M Series B Round to Expand Digital Assets Insurance

Hong Kong-based OneDegree, a leader in digital asset insurance and generative AI-enabled InsurTech solutions, has successfully garnered a significant amount of funding in their recent investment round.

Posted on 30/06/2023

Dbs Hong Kong And Clp Power Expand Partnership With Launch Of Sme Low-Carbon Rewards To Support Smes’ Low-Carbon Transition

(recs): clp power's business customers are entitled to dbs hong kong's subsidies to purchase clp recs. preferential deposit rate: clp power's business customers can enjoy hkd current or savings account deposit rate as high as 1.

Posted on 30/06/2023

Hong Kong stocks decline for second session as Nikkei 225 drops

Stocks in the Asia-Pacific region mostly rose Friday, June 30, with shares in Hong Kong declining for the second session. Hong Kong stocks dropped, with

Posted on 30/06/2023

Hong Kong stocks set for worst quarterly loss since reopening amid weak China manufacturing, banker reports

Hong Kong stocks were headed for the biggest quarterly slide since China reopening, after a government report showed Chinese manufacturing contracted in June. A central bank survey showed loan demand ...

Posted on 30/06/2023

Hong Kong detains 8 on eve of Tiananmen anniversary

HONG KONG--Hong Kong police detained eight people, including activists and artists, on the eve of the 34th anniversary of China’s Tiananmen Square crackdown, a move that signals the city’s ...

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