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Posted on 12/10/2022

Hong Kong rejects U.S. sanctions on Russian-owned superyacht

HONG KONG (AP) — Hong Kong’s leader John Lee said Tuesday he will only implement United Nations sanctions, after the U.S. warned the territory’s status as a financial center could be affected if it ... ( read original story ...)

Posted on 12/10/2022

Charging Ahead: Hong Kong’s Ampd Energy Is On A Global Expansion Drive To Make Construction Sites Greener

Brandon Ng, head of Hong Kong-based battery energy storage system maker Ampd Energy, has powered up for growth despite global headwinds. Surging lithium prices and supply chain snarls aren’t keeping ... ( read original story ...)

Posted on 12/10/2022

BOC Hong Kong Ltd. (BHKLY) Could Find Support Soon, Here’s Why You Should Buy the Stock Now

Shares of BOC Hong Kong Ltd. (BHKLY) have been struggling lately and have lost 5.5% over the past two weeks. However, a hammer chart pattern was formed in its last trading session, which could mean ... ( read original story ...)

Posted on 12/10/2022

Hong Kong says it will not seize superyacht of Russian oligarch

Hong Kong chief executive says they will ‘comply’ with UN sanctions but not unilateral sanctions imposed by invidual jurisdictions ... ( read original story ...)

Posted on 12/10/2022

Zelenskyy lobbies G7 for more weapons; Hong Kong refuses to seize Russian’s $500M yacht: Live Ukraine updates

Hong Kong won't seize Russian's luxury yacht Hong Kong won't seize a $500 million luxury yacht belonging to a Russian oligarch and will only implement sanctions against Russia imposed by the United ... ( read original story ...)

Posted on 11/10/2022

Sick IPO? Clifford Medical Eyes Listing Despite Huge Reliance on Single Hospital

Clifford Medical has filed for a Hong Kong IPO, even though its financials have been volatile in recent years and a single hospital contributes 94% of its revenue The company has a high debt burden du ... ( read original story ...)

Posted on 11/10/2022

Hong Kong nixes U.S. sanctions on Russian-owned superyacht

The $500-million superyacht Nord moored in Hong Kong’s harbor on Wednesday following a weeklong journey from the Russian city of Vladivostok. ( read original story ...)

Posted on 11/10/2022

HSBC expands China private banking network, adds two new branches

HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)

Posted on 11/10/2022

Hong Kong refuses to seize sanctioned Russian superyacht

Hong Kong said Tuesday that it would not seize the superyacht of a Russian oligarch who is under Western sanctions. ( read original story ...)

Posted on 11/10/2022

Hong Kong refuses to seize Russian billionaire’s $500 million yacht; Zelenskyy lobbies G7: Live Ukraine updates

Hong Kong won't seize a $500 million luxury yacht belonging to a Russian oligarch and will only implement sanctions against Russia imposed by the United Nations, city leader John Lee said Tuesday. The ... ( read original story ...)

Posted on 11/10/2022

Hong Kong developers lobby government to end cooling measures, protect homeowners from negative equity amid price slump

The Real Estate Developers Association is lobbying the government to lift stamp duties imposed as a cooling measure when the market was much hotter The number of homes valued below their mortgage loan ... ( read original story ...)

Posted on 11/10/2022

Hong Kong Leader Says Will Abide by UN Sanctions Over Russian Superyacht in City

Hong Kong leader John Lee said on Tuesday that any United Nations sanctions would be upheld in the city, when asked about a Russian yacht berthed in the financial centre that belongs to a sanctioned ... ( read original story ...)

Posted on 11/10/2022

Live news updates: Asia markets follow US lower on interest rate and China tech curb fears

In July, LVMH said a tourist boom in Europe and resilient US sales helped the owner of Louis Vuitton post higher-than-expected revenue for the second quarter, but the group’s momentum slowed after ... ( read original story ...)

Posted on 11/10/2022

Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht

Unilateral sanctions have “no legal basis” in Hong Kong and the city will not seize the $521 million superyacht linked to a Russian steel tycoon docked in its harbor, chief executive John Lee said. ( read original story ...)

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