Hong Kong leader Carrie Lam said there is “no specific time frame” for a citywide testing, two weeks after she announced it would happen this month. Her earlier announcement, coupled with rumors of an ... ( read original story ...)
China builds new bridge to Hong Kong to rush in workers as Covid cases surge
The temporary bridge will aid work on a makeshift hospital as the city’s Covid death rate reaches world’s highest per 1m people ... ( read original story ...)
Empty Stores and an Exodus: Hong Kong’s COVID Crackdown Stirs Panic
As the government in Hong Kong struggles to contain the city’s worst COVID outbreak ever, some residents have panicked. They have emptied supermarket shelves of vegetables and meat. They have raided ... ( read original story ...)
Aquila Acquisition, Hong Kong’s first SPAC moves a step closer to IPO after HKEX approval
Chinese restaurant chain Green Tea Group and Aquila Acquisition have been cleared by Hong Kong stock exchange to launch IPOs New issuers face challenges from sliding stock markets amid a surge in oil ... ( read original story ...)
China Lithium Tech to File for $1.5 Billion Hong Kong IPO, Sources Say
China Aviation Lithium Battery Technology Co. plans to file for a Hong Kong initial public offering as early as this week, according to people familiar with the matter. ( read original story ...)
Hong Kong likely to maintain highest fine of US$1.3 million for audit lapses at listed firms when new regulatory regime takes over in fourth quarter
Financial Reporting Council is collecting views until May 4 on the procedures and penalties it can impose on Hong Kong accountants New rules will 'increase the accounting profession's accountability ... ( read original story ...)
Hong Kong Indefinitely Postpones Mass Testing Plan: Virus Update
Hong Kong’s plan to test the entire population for coronavirus in March has been indefinitely postponed as the city prioritizes vaccinating the elderly. ( read original story ...)
How Hong Kong Became China’s Biggest COVID-19 Problem
Hong Kong’s COVID-19 defenses are in freefall, posing a serious threat to the rest of China’s zero-COVID strategy ... ( read original story ...)
Hong Kong to maintain highest fine of US$1.3 million for audit lapses at listed firms
Auditors of listed companies might continue to face a maximum penalty of a HK$10 million (US$1.3 million) fine under new regulatory rules that come into force in the fourth quarter, according to a ... ( read original story ...)
Prudential continues pivot to Hong Kong despite ‘difficult’ conditions
FTSE 100 life insurance group with dual headquarters plans to increase share of head office staff in territory ... ( read original story ...)
Hong Kong leader says no fixed time frame for mass testing
Hong Kong leader Carrie Lam says reducing the skyrocketing number of deaths in the latest coronavirus surge is the city’s priority, putting a plan to test the entire population on hold in the latest f ... ( read original story ...)
Arrail launches cornerstone-heavy IPO
Arrail Group, one of China’s largest dental services providers, kicked off bookbuilding for its Hong Kong IPO on Wednesday. But before opening the deal, the firm locked up over two-thirds of the offer ... ( read original story ...)
HKSTP and Infineon Launch Co-Incubation Programme to Accelerate Microelectronics Innovation and Propel Startups to Success
Hong Kong Science and Technology Parks Corporation (HKSTP) has partnered with global semiconductor leader Infineon Technologies Hong Kong Limited (Infineon) in a strategic co-incubation programme to ... ( read original story ...)
Cathay Pacific: Hong Kong flag carrier reports loss of HK$5.5 billion last year amid city’s tough coronavirus travel curbs
Carrier’s passenger capacity is just 2 per cent of pre-pandemic levels, as it burns HK$1.5 billion monthly in cash. ( read original story ...)