It’s an unprecedented move to involve a Special Administrative Region (SAR) in governing an area on the Chinese mainland, according to a Nanfang Media Group report. This is in line with China’s plans ... ( read original story ...)
Prudential to Raise Up to $2.89 Billion in Hong Kong Share Sale
Prudential Plc plans to raise up to $2.89 billion in a new share offering in Hong Kong as the insurance giant eyes long-term growth opportunities in Asia and Africa. ( read original story ...)
Qianhai red tape: relief coming for Hong Kong businesses, but opening mainland Chinese bank accounts still a hassle
Shenzhen Qianhai Authority will offer some services at Admiralty office, and pledges to work on businesses’ complaints that opening a mainland bank account takes too long. ( read original story ...)
Beijing’s sovereign digital currency push to boost Hong Kong’s fintech start-ups
As Beijing pushes ahead with a sovereign digital currency and a national blockchain network, Hong Kong’s fintech community is using the city’s role as a bridge between mainland China and the rest of ... ( read original story ...)
Blinken deletes, replaces tweet vowing US will ‘stand with the people of Hong Kong’
Antony Blinken has deleted a tweet which seemingly criticized the Chinese government and showed support from the United States for the people of Hong Kong. ( read original story ...)
Blinken Deletes Tweet Saying ‘We Stand with the People of Hong Kong’ in Favor of Milder Message
Secretary of State Antony Blinken has reportedly deleted a tweet accusing Chinese leaders of weakening Hong Kong's long-term political and social stability and affirming the United States's commitment ... ( read original story ...)
Hong Kong police to deploy one officer per voter for committee elections
Elections to a Beijing-controlled committee that installs Hong Kong’s chief executive and MPs will be guarded by almost as many riot police officers as voter ... ( read original story ...)
Hong Kong COVID tester Prenetics sets up $1.7B SPAC deal
The proceeds will fund Prenetics' global expansion as well as an acquisition strategy aimed at growing its U.S. footprint. ( read original story ...)
U.S. sanctions several Hong Kong-based Chinese entities over Iran -website
The United States issued Iran-related sanctions targeting several Hong Kong-based Chinese entities, according to a notice posted on the U.S. Department of Treasury website on Friday. ( read original story ...)
King & Wood Mallesons Advises on US$1.3B Hong Kong IPO As Market Lulls
King & Wood Mallesons, C&T Partners and Clifford Chance are advising on Dongguan Rural Commercial Bank’s US$1.3 billion Hong Kong IPO, a deal that could revive a tepid third quarter. ( read original story ...)
Podcast Leader Ximalaya Mounts New IPO Bid Closer to Home in Hong Kong
Ximalaya’s ditching of its New York listing plan in favor of Hong Kong could mark the start of a new trend for Chinese tech firms that previously favored the ... ( read original story ...)
US sanctions seven Hong Kong-based companies over Iran, Hezbollah
The designations came as part of a broader action by the US Treasury Department that targeted Lebanon and Kuwait-based financial conduits that fund the Lebanese Shiite group Hezbollah as well as ... ( read original story ...)
Blinken deletes tweet saying the US will ‘stand with the people of Hong Kong’
Secretary of State Antony Blinken deleted a tweet saying the United States stands with the people of Hong Kong and posted a more watered-down version in its place. An earlier version of his tweet came ... ( read original story ...)
Should Hong Kong follow mainland China’s tightened gaming time limits for kids? One party thinks so
An online poll by pro-establishment political party DAB found that many kids in the city played online games for up to three hours to five hours each day. ( read original story ...)