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Posted on 09/06/2023

Hong Kong stocks set for second weekly gain as markets await China policy tonic while Chow Tai Fook rallies on special dividend

Stocks log another weekly advance as traders await stimulus tonic from Beijing. Chow Tai Fook surges after proposing to reward shareholders with special dividends.

Posted on 09/06/2023

What you need to know about Hong Kong’s controversial transport subsidy scheme, from who benefits to loopholes and proposed solutions

Starting June 25, penalty for abusing HK$2 fare given to elderly passengers will double to HK$1,000 on rail services Government paid HK$3.1 billion to transport operators in past financial year, and ...

Posted on 09/06/2023

Hong Kong touted rule of law. Now it won’t say what the law is

Officials refuse to clarify what activities are legal, reflecting new era of uncertainty under national security law.

Posted on 09/06/2023

Mannings collaborates with the The Hub Hong Kong to raise HK$2M Improving nutrition and wellbeing of unprivileged children

Mannings joins forces with The Hub Hong Kong to launch a charity campaign aimed at enhancing the health of thousands of children from impoverished families.

Posted on 09/06/2023

China stocks flat ahead of consumer price data; Hong Kong shares down

China stocks were roughly flat as sector performances were mixed, and Friday's consumer price data was in focus. Hong Kong stocks fell after a surprise interest rate hike by Bank of Canada revived ...

Posted on 09/06/2023

It’s Alive? Billionaire Li Ka-Shing Funds Startup Growing Brain Cell ‘Biocomputers’

Billionaire investor Li Ka-Shing is funding a new technology that can potentially rival artificial intelligence (AI) by using brain cells blended with computers in a technology it calls DishBrain. Don ...

Posted on 09/06/2023

9 to 5: not a way to make a living as Hong Kong workplace poll finds majority of staff do not want to return to office after working from home

Covid-19 home working, a higher rate than Singapore, UK and US Expert says problems caused by bosses taking care of business, but employees concentrating on well-being Hong Kong employees are more ...

Posted on 08/06/2023

China tracked Hong Kong protesters with TikTok ‘god credential,’ former exec says

A former executive at ByteDance claimed Chinese Communist Party officials had access to a “god credential” on TikTok that allowed them to track protesters and activists.

Posted on 08/06/2023

HSBC, FreightAmigo launch Ship Now, Pay Later in Hong Kong

Users will be able to utilise the digital logistics platform and choose extended payment terms. FreightAmigo, a digital supply chain finance eMarketplace, has partnered with HSBC to introduce a ...

Posted on 08/06/2023

Hong Kong Web3 firm Animoca’s bet on non-US markets offers buffer from SEC’s labelling of Sand token as security

Animoca said it has been focused on 'more progressive jurisdictions', as its token for The Sandbox was named by the SEC in lawsuits against Binance and Coinbase Other companies like Ripple are also ...

Posted on 08/06/2023

Lawmakers Blast US Plans To Include Hong Kong’s Sanctioned Leader At Summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden's administration to "prohibit" Hong Kong's sanctioned leader from attending an annual Pacific ...

Posted on 08/06/2023

Hong Kong’s IPO market set for slow recovery, with 2023 fundraising seen surpassing 2022 but falling well short of 2021

PwC Hong Kong estimates that around 100 companies will list in Hong Kong in 2023, with total funds raised as high as US$21.7 billion Mainland China's exchanges expected to lead the world in IPOs again ...

Posted on 08/06/2023

Hong Kong prisons work to compel loyalty to China among young activists

Former activists in Hong Kong’s 2019 fight for greater democratic freedoms are now the latest subjects in China’s decades-long experiment in political control.

Posted on 08/06/2023

Lawmakers blasts US plans to include Hong Kong’s sanctioned leader at summit

A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden's administration to "prohibit" Hong Kong's sanctioned leader from attending an annual Pacific ...

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