Further volatility in the property sector could dampen consumer appetite for fashion and luxury goods in some quarters, but it is unclear how big the impact might be. ( read original story ...)
CNOOC to start up 13 projects in 2022
CNOOC has outlined some of its goals for the year ahead. The company is targeting net production for 2022 of 600-610 MMboe, rising in 2023 and 2024 to 640-650 MMboe and 680-690 MMboe, respectively. ( read original story ...)
Omicron: new HK$4 billion relief package for Hong Kong businesses falls far short of what is needed, industry figures say
With 15 types of premises shut for at least two weeks, unions argue HK$6.3 billion is needed for affected workers. ( read original story ...)
Hong Kong’s economic outlook bright despite challenges: forum speakers
Speakers at the 15th Asian Financial Forum (AFF) voiced their optimism on Tuesday about Hong Kong's economy despite challenges, including the recent resurgence of COVID-19 in Hong Kong. "I am still ... ( read original story ...)
Here’s why Hong Kong is perfect to absorb US-listed Chinese firms
Hong Kong's Financial Secretary Paul Chan has said the region is emerging as an ideal destination for US-listed Chinese firms due to reforms. ( read original story ...)
Omicron: Hong Kong leader vows legal action if Cathay Pacific exploited quarantine rules for its pilots
Carrie Lam says investigation looking into whether crew members serving on passenger flights had returned on cargo ones. ( read original story ...)
JL Mag Rare-Earth seals $544m Hong Kong IPO
JL Mag Rare-Earth Co has priced its Hong Kong IPO at the bottom of the marketed range, netting HK$4.2bn ($543.9m) in proceeds, according to a source close to the deal. The Mainland-based company is a ... ( read original story ...)
China’s JL MAG to Price Hong Kong Shares at Bottom of Range
The shares were offered in a range that had a top at HK$40.30 per share. Trading is set to begin Jan. 14. The company did not immediately reply to a phone call and an e-mail seeking comment. JL MAG’s ... ( read original story ...)
Hong Kong perfectly placed to attract US-listed Chinese companies after market reforms, Paul Chan says
Hong Kong is ready for US-listed mainland Chinese firms if they decide to seek a listing in the city following the latest regulatory reforms, Paul Chan says. ( read original story ...)
‘We fought the good fight’: journalists in Hong Kong reel from assault on media
Newsrooms closures and exodus from territory are result of ‘draconian’ national security law introduced in 2020 ... ( read original story ...)
Hong Kong to step up Covid curbs, start offering Sinovac vaccine to children ages 5 and older
Hong Kong will shut kindergartens and primary schools and start offering Covid-19 vaccines for children from the age of five. ( read original story ...)
Genting Hong Kong faces demand on US$2.78 billion of debt as the bankruptcy of its MV Werften shipyard in Germany triggers cross default
Genting Hong Kong’s stock has lost half its value since 2018, with US$766 million of capitalisation wiped out, as the global cruise and tourism industry became the biggest casualty of the Covid-19 ... ( read original story ...)
Hong Kong political elite get taste of their own COVID-19 rules
One day in quarantine was all it took for pro-China lawmaker Junius Ho to condemn the harsh pandemic restrictions his government has imposed on citizens. ( read original story ...)
GLOBALink | Asian Financial Forum highlights Hong Kong’s new opportunities
Hong Kong's new opportunities amid changes reshaping the economic landscape have been highlighted at the 15th Asian Financial Forum (AFF) which opened virtually on Monday. "The distress and disruption ... ( read original story ...)