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Category: BUSINESS

Posted on 08/08/2021

Coronavirus: Hong Kong tourism industry to receive HK$377 million relief package to tide it over through border closures

Government deal dishes out HK$50,000 to small travel agencies, up to HK$7,500 to individual workers in the sectorProspects of a tourism revival remain distant with Hong Kong’s borders still largely cl ... ( read original story ...)

Posted on 08/08/2021

National security law: Hong Kong schools remove books at risk of breaking Beijing-decreed legislation

Librarians fearful of red lines take a highly cautious approach to reviewing collections for possible violations of national security law. ( read original story ...)

Posted on 07/08/2021

Hong Kong HK$5,000 e-vouchers: wet market vendors feel left out of consumer spending drive as malls, eateries benefit

Some smaller players have not installed platforms required for digital transactions, while others say customers are still the same bunch paying through different method. ( read original story ...)

Posted on 07/08/2021

Hong Kong police national security director removed from his post after being cleared of illegal misconduct over massage parlour visit

While the Department of Justice has cleared him of wrongdoing, Frederic Choi will now face a disciplinary hearing and take up a different role within the force. ( read original story ...)

Posted on 07/08/2021

From Olympians to tycoons and filmmakers, who are the ‘patriotic sector’ voters of Hong Kong’s powerful Election Committee?

The group, all members of pro-Beijing ‘national organisations’, is tasked with choosing who will fill the committee’s newly created fifth sector – and they can run for slots themselves. ( read original story ...)

Posted on 07/08/2021

China blasts Biden offer of safe haven in U.S. to Hong Kong residents amid crackdown on freedoms at home

Presidential press secretary Jen Psaki didn't rule out an extension of the temporary refuge offer beyond 18 months depending on conditions in Hong Kong. ( read original story ...)

Posted on 07/08/2021

Binance to halt futures accounts in Hong Kong following regulatory warnings

Hong Kong’s Securities and Futures Commission issued a warning in July about Binance, saying it was not registered or licensed to offer securities in the city. ( read original story ...)

Posted on 06/08/2021

EV Maker Li Auto Raises $1.5 Billion in Hong Kong Listing

Chinese electric vehicle maker Li Auto Inc. has raised HK$11.8 billion ($1.5 billion) in its Hong Kong listing, adding to the cohort of U.S.-traded mainland companies selling shares in the Asian ... ( read original story ...)

Posted on 06/08/2021

Hong Kong politics: Election Committee hopefuls pledge to tackle root problems as nominations begin

The housing crisis, opportunities for youth and judicial reform are among the priorities listed by business, professional and political leaders vying for seats. ( read original story ...)

Posted on 06/08/2021

Crypto exchange Binance halts new Hong Kong futures accounts

The largest crypto exchange by reported turnover said in a Twitter post that the move is effective immediately ... ( read original story ...)

Posted on 06/08/2021

Former Hong Kong exchange CEO Charles Li talks about his new venture

Charles li, former Hong Kong exchange CEO sets up new business to help small firms gain access to big capital. ( read original story ...)

Posted on 06/08/2021

Cryptocurrency exchange Binance halts new Hong Kong futures accounts

The largest crypto exchange by reported turnover said in a Twitter post that the move is effective immediately. ( read original story ...)

Posted on 06/08/2021

Korean Gaming Giant Netmarble Buys Hong Kong Casino App To Further Global Expansion

Netmarble has agreed to buy Hong Kong-based social casino game company SpinX Games for $2.19 billion in a deal that will expand the South Korean gaming giant’s business outside its home market amid a ... ( read original story ...)

Posted on 06/08/2021

Chinese EV maker Li Auto to raise US$1.52 billion in Hong Kong listing – sources

Chinese electric vehicle maker Li Auto is targetting raising US$1.52 billion in its Hong Kong dual primary listing at HKUS$118 per share, said three sources with direct knowledge of the matter.The ... ( read original story ...)

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