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Month: July 2023

Posted on 25/07/2023

‘Property quarrel’ led to Hong Kong flat fire, knife attack that left 4 sisters severely injured in hospital

A preliminary investigation suggested the four sisters were doused with a flammable solution and suffered burns when a blaze broke out during the quarrel at the flat in Tsz Lok Estate’s Lok Shun House ...

Posted on 25/07/2023

Deal Watch: Will IPOs Strike Back This Year?

Through the first half of 2023, traditional IPOs raised $9.1 billion. According to Dealogic, the 10-year average for the first six months of the year is about three times that, or $27 billion. But ...

Posted on 25/07/2023

Hong Kong and Singapore sign 7 bilateral deals as John Lee predicts ‘open doors’ will allow more business to flow in both directions

Memorandums of understanding cover collaborations in trade, financial services, research and fintech Singaporean Prime Minister Lee Hsien Loong calls for stronger ties between two financial hubs Hong ...

Posted on 25/07/2023

Daughter of Hong Kong exiled activist detained by national security police

Mimi Mi Wahng Yuen, daughter of wanted pro-democracy activist Elmer Yuen, taken for questioning, according to local media ...

Posted on 25/07/2023

BoC nets P23.8B in anti-smuggling ops

THE Bureau of Customs' (BoC) anti-smuggling operations resulted in the seizure of P23.851 billion worth of goods for the first half of the year.

Posted on 25/07/2023

What Hong Kong’s New Crypto License Means for Student Jobs

The world has been recognizing the significance of cryptocurrency recently. Since it’s not going anywhere, Hong Kong decided to implement relevant legislation for the market. Let’s see what this means ...

Posted on 25/07/2023

Hong Kong stocks slide in pivotal week for China stimulus bets while developers sink on liquidity, rate outlook

Local stocks tumbled in a pivotal week for China stimulus bets with pressure on the Politburo to deliver. Developers sank amid liquidity woes before another likely rate hike in the US and Hong Kong ...

Posted on 24/07/2023

Hang Seng Dips On Economic Survey Release

Hang Seng Dips on Economic Survey Release Advertisment Asia-Pacific markets were mixed ...

Posted on 24/07/2023

Hong Kong court to decide on China Evergrande restructuring in Sept

A Hong Kong court on Monday said it will decide in September on an offshore debt restructuring for embattled property developer China Evergrande Group that could allow creditors to recoup up to about ...

Posted on 24/07/2023

Storm Doksuri to intensify into super typhoon on Tuesday, impact on Hong Kong still unclear

Doksuri, named after the Korean word for “eagle”, strengthened from a tropical storm into a typhoon on Sunday night and is expected to develop into a super typhoon on Wednesday, as it enters the Luzon ...

Posted on 24/07/2023

Hong Kong leader makes first visit to Singapore, discusses ways to deepen bilateral relations with PM Lee

Prime Minister Lee Hsien Loong and Hong Kong leader John Lee on Monday reaffirmed the close and longstanding relations between Singapore and Hong Kong, as the chief executive makes his first visit to ...

Posted on 24/07/2023

Hong Kong pro-Beijing lawmaker says nat. security police questioned her for nearly 3 hours over wanted relative in US

Pro-Beijing lawmaker Eunice Yung, the daughter-in-law of the wanted overseas activist Elmer Yuen, has said she had her home searched and was later questioned by national security police for nearly ...

Posted on 24/07/2023

Hang Seng index retreats as Hong Kong real estate stocks sink

The Hang Seng index slipped by more than 1.50% on Monday morning as concerns about China’s housing market continued. It dropped to H$18,838, making it the worst-performing Asian index. Housing stocks ...

Posted on 24/07/2023

Hong Kong questions more families of wanted activists

Hong Kong national security police on Monday took in family members of businessman-turned-activist Elmer Yuen for questioning, one of the eight fugitives with bounties on their heads for allegedly ...

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