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Posted on 06/04/2022

Alibaba Down 4.5%, JD Down 4.9%: What’s Driving Hong Kong Markets Lower Today

Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of ... ( read original story ...)

Posted on 06/04/2022

Hong Kong police arrest six for sedition over court ‘nuisance’

Six people accused of causing a nuisance in a Hong Kong courtroom found themselves arrested for sedition Wednesday, as local authorities continue to ramp up use of the colonial-era law against critics ... ( read original story ...)

Posted on 06/04/2022

China Backs Former Security Chief to Lead Hong Kong, SCMP Says

Hong Kong’s No. 2 official, John Lee, will be the only candidate to seek the city’s top post, local media reported, as China looked to elevate one of the chief proponents of a sweeping crackdown on ... ( read original story ...)

Posted on 06/04/2022

Hong Kong leader says she has not received any resignations from officials

Hong Kong leader Carrie Lam said on Wednesday she has not received any resignations from officials in her administration amid media reports that her deputy, John Lee, would soon resign to run in a ... ( read original story ...)

Posted on 06/04/2022

‘So many bodies piled up’: Hong Kong funeral services overwhelmed by COVID

Traditional wooden coffins are running short in Hong Kong as authorities scramble to add mortuary space in the global financial hub's battle on COVID-19, which is swamping funeral parlours. ( read original story ...)

Posted on 06/04/2022

Hong Kong buyers give nano flats a wide berth as buyers armed with larger mortgage amounts eye bigger homes

Only 92 small flats, or those under 280 sq ft in size, were transacted on the secondary market in March, 24 per cent lower than February Average price fell 0.7 per cent month on month to HK$4.03 ... ( read original story ...)

Posted on 06/04/2022

Hong Kong funeral services overwhelmed by Covid-19 deaths

The city is running short of coffins and infections among staff poses a challenge. . Read more at straitstimes.com. ( read original story ...)

Posted on 06/04/2022

Stock market live updates: Hong Kong stocks start with losses

Hong Kong stocks opened sharply lower on Wednesday as investors returned from a one-day break to track hefty losses on Wall Street fuelled by indicat ... ( read original story ...)

Posted on 06/04/2022

‘So many bodies piled up’: Hong Kong funeral services overwhelmed by COVID-19

Traditional wooden coffins are running short in Hong Kong as authorities scramble to add mortuary space in the global financial hub's battle on COVID-19, which is swamping funeral parlors. ( read original story ...)

Posted on 06/04/2022

Chinese traditional medicine tycoon’s shares surge on Hong Kong Covid outbreak

The stake held by the founding family of one of China’s largest traditional medicine groups has rocketed in value to $4.5bn after the latest Covid-19 outbreaks in the country triggered a renewed surge ... ( read original story ...)

Posted on 06/04/2022

‘Singaporeans must benefit’: expats fleeing Hong Kong meet rising resentment

As Singapore eases its pandemic measures, it has become the obvious destination for many Hong Kongers worn down by years of travel restrictions, home-schooling and lengthy quarantines. Multinationals ... ( read original story ...)

Posted on 06/04/2022

Expatriates fleeing Hong Kong frustrate Singapore peers as home rents climb at fastest pace in a decade

Expatriates relocating from Hong Kong are competing for homes in Singapore, pushing up rents in the city state at the fastest pace in a decade. ( read original story ...)

Posted on 06/04/2022

Hong Kong stock exchange takes aim at boardroom ‘boys’ club’

Now, Hong Kong’s stock exchange is moving to change what critics deride as corporate China’s “boys’ club” by requiring that its more than 2,500 listed companies have at least one female board member ... ( read original story ...)

Posted on 06/04/2022

Think U.S. gas prices are high? Try filling up in Hong Kong — for around $11 a gallon

Everyone is paying more for gas, but the U.S. remains the cheapest among advanced nations because of low taxes. ( read original story ...)

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