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Posted on 19/06/2022

MPs urge Wimbledon to cut ties with HSBC for failing to condemn China’s crackdown in Hong Kong

Wimbledon must cut ties with HSBC as the tournament's banking partner is 'complicit in oppression and human rights abuses', MPs urged today. Members of the Commons All Party Parliamentary Group (APPG) ... ( read original story ...)

Posted on 19/06/2022

Hong Kong bans select media outlets from swearing-in of new chief executive

Hong Kong authorities have banned select media outlets from covering incoming leader John Lee's inauguration, citing COVID-19 pandemic restrictions and security reasons. Many of the barred outlets are ... ( read original story ...)

Posted on 19/06/2022

Official dubs GBA best entry point for Hong Kong’s integration into national development

The future development of China's Hong Kong Special Administrative Region (HKSAR) will be inextricably linked to the development of the country, and the building of the Guangdong-Hong Kong-Macao ... ( read original story ...)

Posted on 19/06/2022

Coronavirus: business at Hong Kong bars, pubs falls 60 per cent amid new Covid rapid-test rule, industry leaders say, as city logs 1,160 local cases

says bars and pubs pose higher risk of transmission as they are 'more relaxed environments' Business at bars and pubs at Hong Kong's nightlife district has declined 60 per cent since the ... ( read original story ...)

Posted on 18/06/2022

Investors say Asia led by Singapore and Hong Kong are safe bets as Fed hikes but premature to jump in

SINGAPORE/HONG KONG, June 18 (Reuters): Asia's emerging economies are ... Economists say the People's Bank of China (PBOC) now has only limited room to ease, given the aggressive Fed and Beijing's ... ( read original story ...)

Posted on 18/06/2022

Wimbledon told to drop HSBC over its support for Hong Kong oppression

Wimbledon has been urged to cut ties with HSBC over its refusal to condemn Beijing's authoritarian crackdown in Hong Kong. MPs from the All-Party Parliamentary Group (APPG) on Hong Kong have called on ... ( read original story ...)

Posted on 18/06/2022

Fraudsters swindled HK$1.28 billion from more than 6,000 Hongkongers through online, phone scams in first 4 months of year

Nearly one-fourth of money victims lost was swindled through email fraud, while phone scammers pocketed HK$280 million This year's biggest email scam involved overseas investment firm conned out of ... ( read original story ...)

Posted on 18/06/2022

Hong Kong’s buyers snap up 70 per cent of new homes on offer, casting aside HKMA’s 75-point interest hike as banks deferred raising mortgage rates

Buyers snap up 70 per cent of 332 new flats on offer at three projects across the city Henderson sold 70 per cent of Baker Circle Dover in Hong Hum, while SHKP's Silicon Hill in Tai Po sold 90 per ... ( read original story ...)

Posted on 18/06/2022

HKEX considers opening offices in New York and London as it takes the battle for IPO fundraising to North America and Europe

Hong Kong Exchanges and Clearing Limited (HKEX) is considering opening offices in New York and London to be closer to companies and investors in North America and Europe, in its drive to become a ... ( read original story ...)

Posted on 18/06/2022

China’s US$1.5 trillion opportunity: private pension scheme entices Fidelity, Manulife, Invesco, Hong Kong asset managers

David Li, a mid-level executive at a wealth-management firm in Guangdong, knows he cannot rely on his basic government pension, or even on his extra personal investment in retirement insurance, to ... ( read original story ...)

Posted on 18/06/2022

Greater Bay Area: can China ‘integrate’ Hong Kong into its southern economic powerhouse?

Beijing's plan to develop a vast tech-driven hub across 11 cities calls for financial, technological and cultural integration as well as policy alignment Some Hongkongers are trying their luck on the ... ( read original story ...)

Posted on 18/06/2022

Hong Kong must prepare for uncertainty as US-China tensions will continue, but opportunities are still present as country welcomes American investors: city’s finance chief

Finance chief Paul Chan says Hong Kong must formulate different defence strategies to counter impact of worsening US-China ties However, Hong Kong might benefit from US-China conflict as rising number ... ( read original story ...)

Posted on 18/06/2022

HKMA buys HK$12.8 billion from market as currency hits weak end of trading band

Hong Kong's de-facto central bank bought HK$12.819 billion ($1.63 billion) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar.The ... ( read original story ...)

Posted on 18/06/2022

EXPLAINER: Why is China denying Hong Kong was a U.K. colony?

Hong Kong is preparing to introduce new middle school textbooks that will deny the Chinese territory was ever a British colony. ( read original story ...)

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