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Category: BUSINESS

Posted on 02/01/2022

Arrests, disbandments and disqualifications: a look back at events that shaped Hong Kong’s political landscape in 2021

A number of civil rights groups have folded, while press freedom is under scrutiny after Apple Daily and Stand News halted operations. ( read original story ...)

Posted on 01/01/2022

Former Hong Kong district councillors struggle to find jobs, some start businesses ‘to keep in touch with community’

The shop was opened last week by former district councillor Bonnie Ng Hoi-yan, 37, joining more than 260 of her colleagues in the opposition who resigned or were ousted over the summer. The former ... ( read original story ...)

Posted on 31/12/2021

Hong Kong to Start Vaccine Mandate at Restaurants, Gyms, Cinemas

Hong Kong will require at least one vaccine against Covid-19 dose to enter restaurants and recreational venues before the Lunar New Year, after the city recorded its first local transmission of the ... ( read original story ...)

Posted on 31/12/2021

Opinion: This billionaire from Hong Kong is standing up to China’s oppression behind bars

Hong Kong’s most prominent billionaire, Lai Chee-ying, better known as Jimmy Lai, has given up a life of comfort to become a dissident. ( read original story ...)

Posted on 31/12/2021

Hong Kong tram operator seeks to raise fares by 11.5 per cent as firm struggles to cope with falling ridership, revenue

Hong Kong Tramways has proposed raising normal fares from HK$2.60 to HK$2.90, with prices for children and elderly to be increased to HK$1.40 and HK$1.30 respectively. ( read original story ...)

Posted on 31/12/2021

Didi reveals US$4.7bil loss ahead of Hong Kong IPO next year

Didi Global Inc disclosed a US$4.7bil (RM19.60bil) loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing ... ( read original story ...)

Posted on 31/12/2021

SenseTime shares jump as much as 23% on debut after $740 mln Hong Kong IPO

SenseTime Group shares surged as much as 23% from their IPO price on Thursday, adding billions of dollars to the artificial intelligence start-up's market value as it debuted in Hong Kong in the ... ( read original story ...)

Posted on 31/12/2021

Hong Kong Rings in the New Year with the First-Ever Arts Spectacular across Victoria Harbour

Hong Kong will ring in the New Year with a dazzling light art extravaganza, featuring radiant lights along the entire Victoria Harbour waterfront, the city’s flagship Hong Kong Philharmonic Orchestra, ... ( read original story ...)

Posted on 31/12/2021

Hong Kong leader Carrie Lam to ring bell next to Big Buddha in low-key New Year’s Eve ceremony on Lantau Island

Chief executive and Abbot Sik Jin-yin of Po Lin Monastery will ring the bell next to the Big Buddha on New Year’s Eve, with top officials of Beijing’s liaison office in the city in attendance. ( read original story ...)

Posted on 31/12/2021

Hong Kong court denies bail to former Stand News editors charged with sedition

Two former senior editors of Hong Kong's Stand News were charged with conspiring to publish seditious materials and denied bail by a court on Thursday, a day after a police raid on the pro-democracy ... ( read original story ...)

Posted on 31/12/2021

Hong Kong authorities insist newsroom raids and arrests have ‘nothing to do with media work’

Hong Kong authorities are defending the arrests of seven people linked to a pro-democracy publication in the face of growing international condemnation, with the city's leader insisting the police rai ... ( read original story ...)

Posted on 30/12/2021

Didi Reveals $4.7 Billion Loss Ahead of 2022 Hong Kong Debut

Didi Global Inc. disclosed a $4.7 billion loss after revenues shrank in the September quarter, revealing the rising cost of a series of regulatory actions that will force China’s ride-sharing leader ... ( read original story ...)

Posted on 30/12/2021

SenseTime surges 23 per cent in surprise Hong Kong debut with US$851 million IPO marred by US sanctions

SenseTime, China’s AI champion, jumps as much as 23 per cent, paying off for investors who bet on its IPO despite ongoing pressure from US sanctions. Pre-trading transactions had indicated a flat ... ( read original story ...)

Posted on 30/12/2021

SenseTime rallies in Hong Kong trading debut after delay forced by US sanctions

Thursday's trading debut comes about two weeks later than initially expected. The company postponed its launch on Hong Kong's stock market earlier this month after the US Treasury ... ( read original story ...)

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