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Posted on 10/12/2022

No festive cheer: Hong Kong factory owners bemoan shrinking year-end exports as inflation, recession bite

Intermittent factory closures in mainland China have hit output, taking their toll on exports too 'A particularly miserable festive season' as manufacturers see exports plunge by over 30 per cent Hong ...

Posted on 10/12/2022

Hong Kong Theaters Ask for Less COVID Protocols Before Avatar: The Way of Water Releases

Hong Kong still has a few remaining pandemic restrictions, which local cinemas want removed before some highly anticipated films get released there.

Posted on 10/12/2022

Why Hong Kong could be rare exception to coming global winter of discontent despite recession

Economists seem convinced the global economy is going to suffer mightily as government, household, corporate and financial-sector debt come home to roost Hong Kong is in recession, but its negligible ...

Posted on 10/12/2022

Hong Kong Cinemas Lobby for COVID Restrictions to be Scrapped Ahead of ‘Avatar 2’ Release

Cinema operators in Hong Kong are lobbying the city government to keep up with the new pandemic rules in mainland China and scrap COVID restrictions on local theaters before the release of “Avatar: ...

Posted on 09/12/2022

Chinese Developer Sunac Proposes Debt Restructuring

Property giant Sunac China announced plans to restructure debt worth $9.1 billion on Friday, providing hope for the country's beleaguered real estate sector after it wilted under a regulatory ...

Posted on 09/12/2022

Chinese property developer Sunac unveils US$9.1 billion restructuring plan with debt-to-equity swap, dollar bonds

The beleaguered company proposes up to US$4 billion in debt-to-equity swaps, plus issuance of dollar-denominated bonds, in a filing to the Hong Kong stock exchange on Friday.

Posted on 09/12/2022

Hong Kong – Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents!

Hong Kong - Bad Apples Don’t Just Roll Within The Banking Industry – Time To Tighten Up Background Checks And Employment Documents! Legal News and Analysis - Hong Kong - Banking & Finance, Labour & ...

Posted on 09/12/2022

Bank of China Offers Loans to Ease Chinese Developer’s Liquidity

Bank of China, one of China's top four state-owned banks, has offered offshore loans to cash-starved Chinese property developer Longfor Group Holdings Ltd, it said in a statement on Friday. The move ...

Posted on 09/12/2022

Fidelity Wins China Regulatory Green Light to Run Retail Fund Business

Fidelity International has obtained Chinese regulatory approval to conduct business in China's $3.7 trillion mutual fund industry. China Securities Regulatory Commission granted a licence that enables ...

Posted on 09/12/2022

Hong Kong International Races take center stage in weekend horse racing

The Longines Hong Kong International Races, featuring four Group 1 events, make up the final big international meeting of 2022. Relaxed pandemic rules have brought out a powerful group of foreign ...

Posted on 09/12/2022

China Outlook, Property Rally Propel Hong Kong Market Higher

The Hong Kong Hang Seng Index opened evenly and rallied to the close, finishing up 2.3% on more reports of easing pandemic strictures in mainland China, and also of official boosted policy support for ...

Posted on 09/12/2022

China Regulators, State Banks Split Staff as Fears Mount About New COVID Outbreaks-Sources

Chinese regulators and state-owned banks are taking steps to split staff at their workplaces in Beijing, sources told Reuters, as businesses brace for a possible spike in COVID cases after China ...

Posted on 09/12/2022

Hong Kong stocks notch 2%; China reports inflation data in line with expectations

China's consumer price index rose 1.6% in November on an annualized basis, while its producer price index fell 1.3%.

Posted on 09/12/2022

Loose coupling device lead to train fault, Hong Kong’s MTR finds; engineer says human error ‘unlikely’

Hong Kong Free Press. Hong Kong’s MTR Corporation (MTRC) has said a loose, European-made energy absorption device was the cause of a recent train fault that affected around 1 ...

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