Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong Kong stock in part to avoid potential U.S. sanctions and de-listings of major ... ( read original story ...)
Hong Kong events industry pleads for a lifeline as pandemic wipes out trade shows, putting thousands of jobs at risk
I felt helpless because I had to find ways to pay my staff even if we did not get compensated.” More than 50 exhibitions and conferences cancelled or postponed since the start of the year were ... ( read original story ...)
China Is Cracking Down, but Hong Kong’s Economy Is too Precious to Kill
Expats have long preferred Hong Kong to Shanghai or Beijing. The city boasts better schools, hospitals, and espresso bars. Google still works. Unlike on the mainland, business and society has felt ... ( read original story ...)
Column: Hong Kong shows the world the terrible truth about Communist China
U.S. government leaders must reinforce current actions with a sustained strategy to limit and restrain China’s expansion. This should include naval and air maneuvers, closer Taiwan ties, reinforcing ... ( read original story ...)
Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses
OSL receives approval-in-principle for Types 1 and 7 license applications Licenses will allow STOs and automated digital asset trading Company ... ( read original story ...)
Hong Kong to Start Virus Testing for Entire City on Sept. 1
Hong Kong Chief Executive Carrie Lam said the city will kick off a campaign to test its entire population for the novel coronavirus on Sept. 1, in the first such effort attempted outside of mainland ... ( read original story ...)
Business critical: half of SMEs in Hong Kong give themselves six months at most without more support from government, survey finds
Survey by General Chamber of Commerce found small and medium-sized enterprises were suffering, and nearly half said they did not expect to survive beyond next six months without help. ( read original story ...)
As Business Moves Away From Hong Kong, Will Seoul Become Asia’s New Culture Hub?
Hong Kong has long been considered one of East Asia’s most thriving financial and cultural hubs, thanks to its successful stock exchange, world-class food scene, and recent art ... ( read original story ...)
Evictions Loom for Hong Kong Retailers With Little Rent Relief
Retailers everywhere are feeling the pinch from the pandemic, though none quite as much as shop owners in Hong Kong like Don Leung. ( read original story ...)
Hong Kong shows the world the terrible truth about communist China
"We must all hang together, or, most assuredly, we shall all hang separately." Those were the words of Benjamin Franklin, urging his fellow Americans in the 13 Colonies to stay united, in the ... ( read original story ...)
Pandemic Hits Insurer AIA Group’s New Business in Hong Kong, China
Hong Kong-based insurer AIA Group Ltd. on Thursday reported a 37% fall in new business for the first half of the year, as the COVID-19 pandemic dented ... ( read original story ...)
Regulator warning ends Hong Kong’s Next Digital share rally
Shares of Next Digital Ltd tumbled over 40% on Wednesday after soaring more than 1,000% in the last two sessions, as the securities watchdog said it was monitoring trading activity in the Hong Kong ... ( read original story ...)
US ends agreements with Hong Kong which says it is a ‘pawn’
The U.S. State Department said it notified Hong Kong on Wednesday that Washington has suspended or terminated three bilateral agreements with the semi-autonomous city following China's imposition of a ... ( read original story ...)
U.S. Ends Extradition, Tax Pacts With Hong Kong
The U.S. is terminating extradition and tax agreements with Hong Kong as the Trump administration steps up pressure on China over its national security law. The move follows up on an executive order ... ( read original story ...)