Hong Kong’s stringent Covid restrictions turned the city into a dead end for the legions of finance workers decamping for other destinations. Those who choose to stay are being presented with the sort ... ( read original story ...)
Meituan Leads Hong Kong Internet Rebound
Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. ( read original story ...)
Hong Kong life insurance market value to exceed £73bn in next four years
Hong Kong’s life insurance market value has been pegged to soar over the next few years, driven by the pandemic-era trend to get one’s affairs in order. ( read original story ...)
Coronavirus: Hong Kong leader asks for help to persuade Beijing to resume quarantine-free cross-border travel after outbreak subsides
Carrie Lam says in virtual meeting with pro-Beijing politicians that Hong Kong is caught ‘in a dilemma’ between meeting zero-Covid expectations and business interests. ( read original story ...)
Tracker Fund may replace State Street as manager to forestall risks to Hong Kong’s pensioners amid rising US-China tension
Hong Kong's Tracker Fund (TraHK) is poised to appoint a manager to replace State Street Global Advisors, a move aimed at mitigating the risk of letting the city's largest exchange-traded fund (ETF) ... ( read original story ...)
Hong Kong police rescue 4 held in Mong Kok hotel by syndicate in cryptocurrency scam
Police say four victims, aged between 21 and 37, were detained last Wednesday in Mong Kok hotel after being lured by syndicate through social media and cold calls. ( read original story ...)
HSBC to Allow 30% of Staff in Hong Kong Offices From April
HSBC Holdings Plc will allow 30% of Hong Kong employees to work in the office from Friday, as banks in the city begin to ease Covid measures amid declining virus cases. ( read original story ...)
PolyU: PolyU startup iMeddy provides free video medical consultation to COVID-19 patients to help fight the pandemic leveraging innovative technology
Amid the severity of the fifth wave of the COVID-19 pandemic, a startup nurtured by The Hong Kong Polytechnic University (PolyU), known as iMeddy, is providing a free video medical consultation servic ... ( read original story ...)
Hong Kong reports more than 7,685 new COVID cases
Hong Kong reported 7,685 new COVID-19 cases on Monday, down slightly from the previous day, as infections in the global financial hub gradually stabilise and the government eases some coronavirus ... ( read original story ...)
Coronavirus: how raging fifth wave exposed Hong Kong government’s ‘poor leadership’ and ‘inability to deliver’
Criticism and condemnation has rained down on the government from former officials, business moguls and lawyers. ( read original story ...)
Private equity firm PAG seeks US$2 billion from listing as Hong Kong widens IPO market to SPACs, non-traditional firms
PAG has US$50 billion of assets under various investment strategies including credit, absolute return, real estate and buyout Co-founders to hold shares with 10 times more voting power over ordinary ... ( read original story ...)
Businesses focusing on China will return to Hong Kong after the pandemic, says government adviser
Bernard Chan, convenor of the non-official members of Hong Kong's executive council, says companies that chose the city as their Asia-Pacific headquarters "may or may not come back," but those whose ... ( read original story ...)
How Covid helped China tighten its hold on Hong Kong
Doctors from the mainland are treating patients and Chinese workers are building hospitals as Beijing’s presence is felt like never before ... ( read original story ...)
Alibaba Rises Nearly 4%, While Tesla Rivals Nio, Xpeng Slip: What’s Weighing On Hong Kong Markets Today?
Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Monday, while the Hang Seng Index recovered after a weak start. Stock Movement (+/-) Tencent Holdings Limited (OTC: TCEHY) +3. ( read original story ...)