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Posted on 08/02/2023

Liquor Maker Guotai Weighing $500 Million Hong Kong IPO, Sources Say

Guizhou Guotai Liquor Group Co., a Chinese white liquor brand, is considering a Hong Kong initial public offering that could raise more than $500 million, according to people familiar with the matter.

Posted on 08/02/2023

Hong Kong lawmakers approve light public housing scheme for 17,000 flats in first phase, but grill authorities over ‘poor costs communication and response to resident concerns’

Funding of HK$14.9 billion must still be secured from Legco Finance Committee Lawmakers also concerned if temporary homes can be reused to maximise worth in future Hong Kong lawmakers on Wednesday ...

Posted on 08/02/2023

Disney cuts Simpsons ‘forced labor’ episode in Hong Kong

Walt Disney Co. has removed an episode from cartoon series The Simpsons that included a reference to “forced labor camps” in China from its streaming service in Hong Kong.

Posted on 08/02/2023

UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

Bank sided with China in denying pension payouts to people who fled crackdown, says all-party group

Posted on 08/02/2023

UK Lawmakers Attack HSBC’s Treatment of Hong Kong Immigrants

A committee of UK lawmakers criticized HSBC Holdings Plc’s treatment of Hong Kong customers who have found it impossible to access their savings after moving to Britain. Most Read from BloombergMeta ...

Posted on 08/02/2023

47 Hong Kong Pro-Democracy Figures Begin National Security Law Trial After Two Years in Detention

This week, a long-expected national security trial of 47 Hong Kong pro-democracy figures began. The group was arrested en masse in January 2021 and charged with subversion a month later for holding an ...

Posted on 08/02/2023

Hong Kong’s Mox Bank launch time deposit products with up to 10% interest

New customers who open an account in February will avail an additional 9.7% time deposit rate. Hong Kong’s Mox Bank has launched new time deposit products alongside a time deposit promotion. Customers ...

Posted on 08/02/2023

Reasons to remain positive despite Hong Kong’s rise in negative equity

Cases are only a fraction of those seen during the Sars slump in 2003, and they should fall as Hong Kong reopens from Covid with more jobs being created Headline news about a big jump in negative home ...

Posted on 08/02/2023

Disney pulls “Simpsons” episode airing in Hong Kong over “forced labor” reference, report says

Entertainment giant has previously faced accusations of self-censorship for taking down "Simpsons" episode in deference to China.

Posted on 08/02/2023

Disney removes Simpsons episode in Hong Kong that references Chinese labor camps

This is the second episode of The Simpsons to be removed from Disney Plus in Hong Kong Disney has not disclosed its reasons behind pulling The Simpsons episode in Hong Kong, and it isn’t clear if the ...

Posted on 08/02/2023

Disney yanks “Simpsons” episode in Hong Kong over “forced labor” joke

Entertainment giant has previously faced accusations of self-censorship for taking down "Simpsons" episode in deference to China.

Posted on 08/02/2023

Mainland buyers in Hong Kong’s luxury home segment hits record lows

The proportion of Mainland buyers was at an all-time low of 29% in 2022. According to a Savills report, the proportion of Mainland buyers of luxury properties valued above HK$100 million on the Peak, ...

Posted on 08/02/2023

Hong Kong stocks rebound as mainland funds buy, Baidu surges on ChatGPT rivalry while Goldman trims US recession odds

Local stocks halted a three-day slide as mainland Chinese funds turned net buyers for a second day. Goldman Sachs lowered the probability of a US recession in the next 12 months, citing faster growth ...

Posted on 08/02/2023

HKUST launches plan to attract 30 of best and brightest from around world to Hong Kong for research programmes designed to benefit society

A Hong Kong university has launched a global hunt for 30 leading academics to drive innovation in the city with 30 major research projects designed to have maximum social impact. Hong Kong University ...

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