Carrie Lam says her government will work with Chinese officials to tackle the ‘highly undesirable’ situation Hong Kong’s leader Carrie Lam has said an “onslaught” of Covid-19 infections has dealt a ... ( read original story ...)
Citigroup’s workforce, bolstered by former flight attendants, helps the lender improve performance in Hong Kong last year
Hong Kong's market regulator is not alone ... helped it to clock an 11 per cent year-on-year growth in the number of new credit card customers. Mortgage related income rose 20 per cent, while the ... ( read original story ...)
Huitongda Prices Hong Kong IPO at Bottom of Range
Huitongda Network Co., a Chinese e-commerce platform backed by Alibaba Group Holding Ltd., has raised about $284 million after pricing its Hong Kong initial public offering at the bottom of its ... ( read original story ...)
Cryptocurrency and NFT-friendly Hong Kong could be sitting on a new investor time bomb
There are also instances of front-running before the NFT is “dropped” in a public marketplace, which would be illegal if it were an IPO. Hong Kong NFT buyers emerge as targets of hackers, scammers The ... ( read original story ...)
How lack of insurance for SPAC directors threatens to derail M&A deals under Hong Kong’s new listing regime
There are only “a handful” of insurers in Hong Kong that offer D&O insurance to SPAC directors, and the premium can be five times more expensive than that charged for a traditional IPO, said Murray ... ( read original story ...)
New York set for first Chinese IPO in seven months
HONG KONG -- New York is poised to see its first initial public offering by a Chinese company in seven months amid signs the city could see a new flurry of such listings. ( read original story ...)
Hong Kong facing a health crisis as ‘COVID zero’ fails to halt tide of cases
Hong Kong: Hong Kong’s health officials warned that the city ... Besides battering its economy and threatening its status as an international financial hub, the futile policy has led to frustration ... ( read original story ...)
Hong Kong leader says fifth COVID wave has ‘overwhelmed’ city’s capacity
HONG KONG, Feb 14 (Reuters) - Hong Kong's leader Carrie Lam said on Monday that the "onslaught" of coronavirus infections in the global financial hub has dealt a heavy blow and overwhelmed its ... ( read original story ...)
Hong Kong in ‘Crisis’; Survival Rates Improving: Virus Update
Hong Kong health officials warned of a “crisis” as a record 2,000 preliminary positive cases threatened to overwhelm hospitals and upend the government’s Covid Zero strategy. The gap is widening ... ( read original story ...)
Hong Kong online scam victims report losing HK$3 billion last year to fraudsters offering love, jobs and sex
Reported cybercrimes in Hong Kong rose more than sevenfold over a decade to 16,159 cases last year, with victims claiming record losses totalling more than HK$3 billion (US$385.3 million). Police said ... ( read original story ...)
Border Bridge Set to Reopen; Hong Kong in ‘Crisis’: Virus Update
Hong Kong Lowers Vaccine Age to 3 (4:41 p.m. NY) Hong Kong lowered the minimum age for receiving the Sinovac vaccine to three from five starting Feb. 15, according to a government statement Sunday ... ( read original story ...)
Singapore, Hong Kong Left Behind as Global Travel Rebounds
A global travel divide is deepening as some countries ditch Covid-19 restrictions including quarantines, isolation and even mandatory testing for good, while others cling to years-old curbs. Lingering ... ( read original story ...)
Coronavirus Hong Kong: 6 more cross-border truckers test positive, forcing temporary shutdown of gateway for fresh food
Hong Kong authorities said on Sunday that the operation of the ... of the city’s dine-in restrictions and tough social-distancing measures. Wong said business at restaurants was only about 20 to 30 ... ( read original story ...)
Hong Kong brides-to-be lose total of HK$1 million after sudden closure of wedding dress shop in possible case of fraud
Hong Kong imposes toughest Covid curbs yet ... Bridal shops and other wedding service providers said business had been hit hard by the government’s anti-epidemic restrictions over the past two years. ( read original story ...)