The Hong Kong government said on Friday (Jan 28) it would compensate pet shops trading in hamsters after ordering a cull on the rodents last week over fears they were spreading COVID-19. The city's ... ( read original story ...)
Hong Kong Encourages Listings By Foreign Companies, SPACs.
Greater China companies operating in any industry can now obtain secondary listings in Hong Kong, provided they meet market capitalization minimums. Recent Listing Rules amendments also allow some ... ( read original story ...)
Hong Kong protest leader pledges to keep fighting for democracy
Nathan Law, who led democracy protests for years, fled Hong Kong over concerns for his safety in 2020. China has a warrant out for his arrest, and Law fears he will be targeted by the government. He ... ( read original story ...)
What price zero Covid? We need to know the cost to Hong Kong
The government's panic-driven effort to attain 'zero Covid' is straining our hospitals and driving businesses big and small to the point of collapse Hong Kong needs a serious cost-benefit analysis of ... ( read original story ...)
Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Hong Kong financial regulators have published new guidance for intermediaries looking to offer virtual asset-linked products like exchange-traded funds (ETF) to investors. According to a circular ... ( read original story ...)
Elliott Management to Sell Stake in Hong Kong Bank, Ending Activist Campaign
Bank of East Asia Ltd. said it has agreed to buy all the shares held by U.S. activist hedge fund Elliott Management Corp. for the equivalent of about $373 million, ending its long-running battle with ... ( read original story ...)
Lunar New Year flowers in flames as Hong Kong farmer burns unsold stock
Flowers burn at farmer Leung Yat-shen's farm, following the government's announcement to close Lunar New Year flower fairs to curb the coronavirus disease (COVID-19) outbreak, in Hong Kong, China, Jan ... ( read original story ...)
Hong Kong flower farmer burns Lunar New Year’s stock
Posted . Flower farmer Leung Yat-shen has burned thousands of flowers he cannot sell this year as Hong Kong's str ... ( read original story ...)
Covid live: UK reports 89,176 new cases and 277 deaths; Hong Kong offers hamster reparations after ordering cull
UK cases and deaths fall day-on-day; Honk Kong government to compensate pet shops affected by culling of hamsters for Covid reasons ... ( read original story ...)
Hong Kong Regulators Impose Limitations on Investing in Spot Crypto ETFs
Regulators want only professional investors to be exposed to spot exchange-traded products linked to virtual assets ... ( read original story ...)
Hong Kong’s Politicians and Cops Use Pandemic Justifications To Do Beijing’s Bidding
Though many in the West have rightly wondered about the degree to which COVID-19 suppression has actually been a guise for state actors to seize more control, in Hong Kong, the case is airtight: ... ( read original story ...)
Hong Kong’s Bank of East Asia proposes $372 million share buyback
Hong Kong's Bank of East Asia Ltd said on Friday it intends to buy back 8.43% of its total issued shares worth HK$2.904 billion ($372.65 million) owned by hedge fund Elliot Investment Management's ... ( read original story ...)
Hong Kong economy grows 6.4% in 2021
Hong Kong’s economy grew by 6.4% last year after activity weakened as anti-coronavirus controls were tightened. Economic output expanded by 4.8% over a year earlier in the three months ending in ... ( read original story ...)
Citi’s Hong Kong fine is a warning to others
Penalty-payers is one ranking no bank wants to top. Citigroup has just come in at No. 3 in Hong Kong with a HK$348 million ($44.7 million) fine for the 10 years to 2018 during which its cash equities ... ( read original story ...)