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Posted on 27/10/2022

Hong Kong bans dry goods stalls at Lunar New Year fair for fourth year in a row citing coronavirus concerns

Hong Kong has banned dry goods stalls at the Lunar New Year fair in 2023, citing pandemic reasons, despite the city making recent efforts to resume normal life and host large-scale events. In a ... ( read original story ...)

Posted on 27/10/2022

Beijing hits back at US politicians in war of words over fraud conviction for Hong Kong media tycoon Jimmy Lai

China’s foreign ministry office in Hong Kong accuses US politicians of having ‘sinister intentions’ for city and call bipartisan statement proof of American collusion with newspaper owner Jimmy Lai. ( read original story ...)

Posted on 27/10/2022

Bipartisan group of lawmakers denounces guilty verdict of Hong Kong advocate Jimmy Lai

A group of bipartisan lawmakers issued a fiery rebuke of the recent guilty verdict of Hong Kong media tycoon Jimmy Lai on fraud charges Tuesday. ( read original story ...)

Posted on 26/10/2022

Fifth Time Lucky? Wheel Maker Buyang Takes New Spin at Hong Kong IPO

Buyang International is making a fifth attempt to list in Hong Kong, hoping to raise funds for a major new expansion that will double its capacity The company churns out a majority of its revenue from ... ( read original story ...)

Posted on 26/10/2022

UK fusion energy firm Tokamak eyes Hong Kong as one potential funding source to help it develop its zero-emission technology

Nuclear fusion energy, if proven commercially viable, may offer clean, affordable and secure energy in the future, meaning long-term investors are paying attention. ( read original story ...)

Posted on 26/10/2022

Hong Kong SaaS start-up WATI collects US$23 million in funding from Shopify, Tiger Global in bets on Southeast Asia growth

WATI becomes the latest Hong Kong-based software-as-a-service (SaaS) start-up to collect new funding from big-name global investors International investors are betting on the rapid digital ... ( read original story ...)

Posted on 26/10/2022

Hong Kong-based professional services firms ramp up in Singapore

With Pearce's relocation, Dickson Yuen, whose responsibilities have included leadership of the company's Hong Kong business, has been promoted to regional director, reporting to the firm's co-founders ... ( read original story ...)

Posted on 26/10/2022

U.S. blasts verdict against Hong Kong democracy advocate Jimmy Lai

Media mogul Jimmy Lai, founder of Apple Daily, arrives the Court of Final Appeal by prison van in Hong Kong, China February 9, 2021. REUTERS/Tyrone Siu ... ( read original story ...)

Posted on 26/10/2022

Hong Kong Hang Seng Up 1% on Central Bank Outlooks

The Hong Kong Hang Seng Index opened higher Wednesday, wobbled, but still finished up 1% as traders weighed prospects for less tightening by major global central banks, including the US Federal ... ( read original story ...)

Posted on 26/10/2022

Transcript: This Is What 7% Mortgages Will Do to the Housing Market

On this episode of Odd Lots, we speak with Morgan Stanley housing strategist Jim Egan about what comes next. Egan argues that while high mortgage rates will discourage buyers, there won't be a ... ( read original story ...)

Posted on 26/10/2022

Hong Kong-based professional services firms ramp up in Singapore as they eye lucrative Southeast Asian market

Professional services companies are expanding their presence in Singapore as they seek to gain a bigger share of the growing Southeast Asian market, with some eyeing the medical tourism sector. Hong ... ( read original story ...)

Posted on 26/10/2022

China and Hong Kong stocks rebound on slower rate-hike hopes

China stocks recovered on Wednesday, as signs of the U.S. Federal Reserve slowing its aggressive interest rate hikes and Beijing's supportive tone on the market boosted sentiment. ( read original story ...)

Posted on 26/10/2022

HSBC’s direction in question after Elhedery’s sprint to CEO contender

LONDON/SINGAPORE: Georges Elhedery's appointment as HSBC's chief financial officer caps a journey that's taken him from war-torn Lebanon to frontrunner for the top job at Europe's biggest bank. It’s ... ( read original story ...)

Posted on 26/10/2022

HSBC’s Sudden CFO Change Piles On the Investor Gloom

The bank delivered some ugly surprises, and bad headlines continue to plague the UK and China, two of its most important markets. ( read original story ...)

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