The G7 countries and the rest of the Western world should see this as an opportunity to nurture better ties with China and Chinese business. ( read original story ...)
Nasdaq-Delisted Luckin Coffee Denies It’s Planning Hong Kong IPO
Chinese startup Luckin Coffee Inc., which was delisted from the Nasdaq in June 2020 following a fake revenue scandal, has denied rumors that it is mulling an IPO in Hong Kong, stressing that it ... ( read original story ...)
Hong Kong now has China patriots firmly in charge post polls: Carrie Lam
Lam's comments came a day after a carefully vetted election committee voted overwhelmingly to approve John Lee, a hard-line security chief who oversaw a crackdown on Hong Kong's pro-democracy movement ... ( read original story ...)
G7 flags rights concerns in selection of new Hong Kong leader
The selection process for a new chief executive in Hong Kong is a source of grave concern and underscores wider worries about fundamental freedoms there, a Group of Seven statement said on Monday, ... ( read original story ...)
Hang Seng Encourages Hong Kong’s Youth to start “Trial mode*” with “Trial & Error”
HONG KONG SAR - Media OutReach - 10 May 2022 - Hang Seng Bank understands the importance of nurturing the youth and is committed to launching new services and products for all young customers to meet ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)