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Posted on 10/05/2022

KPMG, Deloitte, PwC, HSBC among western firms congratulating Hong Kong’s new leader

By Jerome Taylor and Su Xinqi Western multinationals and local tycoons published newspaper adverts congratulating John Lee on becoming Hong Kong’s next leader, following a rubber-stamp selection ... ( read original story ...)

Posted on 10/05/2022

Is the dollar peg still in the Hong Kong economy’s best interest?

But if the HKMA's commitment to the Hong Kong dollar peg did not oblige it to follow the Fed, tighter monetary policy might not necessarily be the best approach for the city's economy right now. ( read original story ...)

Posted on 10/05/2022

Lam says Hong Kong now has China patriots firmly in charge

Appearing with Lee, Lam said such changes were necessary to restore order and stability in the Asian financial hub. “I want to thank the central government again for taking resolute measures when Hong ... ( read original story ...)

Posted on 10/05/2022

Hong Kong’s new leader is said to be ‘untested’ in areas other than security

Hong Kong's incoming chief executive John Lee is largely "untested and unknown" outside of security issues, said David Dodwell of consultancy Strategic Access. ( read original story ...)

Posted on 10/05/2022

ByteDance May Soon List Douyin in Hong Kong as Rename Signals

Soon List Douyin in Hong Kong as Rename Signals. BEIJING, May 9 (TMTPOST)— ByteDance may soon launch initial public offering (IPO) for some of its busi ... ( read original story ...)

Posted on 10/05/2022

John Lee elected as new CE of Hong Kong: What does this mean for businesses?

In his election manifesto, the Chief Executive-elect outlined his future policies to strengthen the city's competitiveness and for "starting a new chapter for Hong Kong together". ( read original story ...)

Posted on 10/05/2022

Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO

Pagoda Caught in Food Safety Scandal Ahead of Hong Kong IPO. Image Source: Visual China. BEIJING, May 9 (TMTPOST) — Chinese fruit retail chain Pagoda apologized on S ... ( read original story ...)

Posted on 10/05/2022

John Lee makes 7 visits to top Hong Kong and mainland Chinese officials on first day after winning leadership race

John Lee Ka-chiu embarked on a whirlwind first day as Hong Kong’s chief executive-elect on Monday, making seven visits to top local and mainland Chinese officials to discuss government restructuring, ... ( read original story ...)

Posted on 10/05/2022

Hong Kong’s new leader is Beijing’s designated ‘enforcer’

John Lee Ka-chiu’s election as Hong Kong’s new chief executive signals a decisive turn in the territory’s lurch toward Beijing-style authoritarian rule. Lee, the territory’s former secretary of ... ( read original story ...)

Posted on 10/05/2022

G7 Expresses ‘Grave Concern’ Over Hong Kong Leader’s Election

G7 foreign ministers called the process by which Hong Kong selected its next Chief Executive an assault on the fundamental freedoms of the former British colony ... ( read original story ...)

Posted on 10/05/2022

The Times view on John Lee, Hong Kong’s new leader: No-Choice Election

Kin Cheung/APHong Kong’s current chief executive Carrie Lam, left, and her successor John Lee at a press conference. Mr Lee is a security hardliner who cracked ... ( read original story ...)

Posted on 10/05/2022

Who is Janet Lam?: As John Lee secures top job, Hong Kong meets charity singer who will become first lady

Chief executive-elect John Lee thanked his wife Janet Lam for ‘looking after the family’ as he clinched the vote for city’s leader on Sunday. ( read original story ...)

Posted on 10/05/2022

John Lee wins: What’s ahead for Hong Kong’s economy?

John Lee Ka-chiu won Hong Kong's top job on Sunday, becoming the Hong Kong Special Administrative Region(HKSAR)'s next Chief Executive, succeeding Carrie Lam Cheng Yuet-ngor. On April 29, the former ... ( read original story ...)

Posted on 10/05/2022

East-West split is surefire way to destroy HSBC value

East-West relations are a growing problem for HSBC Holdings, the bank with feet planted equally in each hemisphere. US-China tensions have steadily ramped up, but while geopolitical discord threatens ... ( read original story ...)

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