Asian market on Wednesday trading in the green with Hong Kong leading gains. The Hang Seng index climbed over 1.9% as Chinese tech stocks bounced back from their Tuesday losses. South Korea’s Kospi ... ( read original story ...)
Hong Kong’s daily COVID-19 infections surge to record
An elderly man who returned a positive test for COVID-19 in Hong Kong died on Tuesday, the city's Hospital Authority said, the city's first death potentially linked with the virus in five months as it ... ( read original story ...)
Hong Kong’s young journalists decry the ‘death of free press’
Journalists broadly decried the “death of free press” in Hong Kong, whose vibrant media scene — at least 15 newspaper titles with a mix of political leanings and more than four news channels for a ... ( read original story ...)
Coronavirus: Indicaid’s rapid test kit production to rise fivefold as Phase Scientific goes into overdrive amid Hong Kong’s fifth Covid-19 wave
... the entire population The Home Affairs Department bought 300,000 kits from the firm ahead of the Lunar New Year Hong Kong biotech start-up Phase Scientific International (PSI) aims to raise its ... ( read original story ...)
Covid live: Hong Kong sees ‘first virus-linked death’ in five months; UK to hire 15,000 workers for pandemic backlog
Hong Kong sees first potential death from Covid for five months as outbreak worsens; NHS waiting list in England at record 6 million and growing ... ( read original story ...)
Deja vu in Hong Kong as virus restrictions spark panic buying
Shoppers thronged Hong Kong's markets fearing a shortage of food Wednesday, familiar scenes in a city that is back under gruelling Covid restrictions in contrast to much of the world. ( read original story ...)
Logistics start-up GoGoX steps up Hong Kong IPO plan with investor education process after receiving HKEX approval
GoGoX, an Asian app-based logistics services provider, has started an investor education process for its initial public offering, according to a source familiar with the transaction. The IPO is ... ( read original story ...)
China’s unicorns tap US$240 billion in private-market funding as they face IPO freeze
Start-ups in Asia are hoping potential private backers will continue to focus on the opportunities for patient capital. ( read original story ...)
BOC Hong Kong (OTCMKTS:BHKLY) Upgraded to Hold at Zacks Investment Research
Zacks Investment Research upgraded shares of BOC Hong Kong (OTCMKTS:BHKLY) from a strong sell rating to a hold rating in a research note published on Tuesday, Zacks.com reports. According to Zacks ... ( read original story ...)
Hong Kong shares end higher on Alibaba rebound
SHANGHAI — Hong Kong shares tracked a global rally to finish higher on Wednesday, with index heavyweight Alibaba leading a surge in tech firms. We apologize, but this video has failed to load. Try ... ( read original story ...)
Indian Bank declares loan account of UIL Hong Kong Ltd as fraud
UIL Hong Kong Ltd, incorporated in Hong Kong and engaged in trading of ferrous and nonferrous metals, is a group company of Mumbai-based Ushdev International Ltd, which is currently facing corporate ... ( read original story ...)
Covid-19: Latest Hong Kong limits devised by officials with no ‘worldly concerns’ in further blow to businesses, critics say
The Covid-19 social distancing measure limiting the size of public gatherings to two people is “disproportionate” to the severity of the virus, the Democratic Party spokesperson has said, describing ... ( read original story ...)
Covid Hurts Business At Yum China; Shares Plunge 4.3% In Hong Kong
Spun off from Yum! and run as an independent company since 2016, Yum China is the largest restaurant chain in China with more than 11,000 restaurants across the country as of December. Yum China’s ... ( read original story ...)
China unicorns facing IPO freeze tap $323b private market
China's recent crackdowns on overseas listings have thrown a wrench in the works of start-ups looking to go public, driving them to pursue investors in Asia's rapidly growing private capital markets. ( read original story ...)