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Posted on 19/05/2022

Asia-Pacific markets fell sharply after heavy losses on Wall Street overnight and led by Hong Kong’s Hang Seng index

Overnight on Wall Street, Dow Jones down -1164.52 points or -3.57% at 31490.06, S&P 500 down -165.17 points or 4.04% at 3923.67, while Nasdaq down -566.36 points or -4.73% at 11418.16. NZ PPI for Q1 ... ( read original story ...)

Posted on 19/05/2022

Need to Re-establish Hong Kong as International City: Lee

Hong Kong Legislative Council Member for Functional Constituency: Financial Services Robert Lee discusses Hong Kong's future as a financial hub, incoming Chief Executive John Lee and the city's talent ... ( read original story ...)

Posted on 19/05/2022

Hong Kong’s Top Female Entrepreneurs: Kaye Dong

A mother and a foster mother who runs two businesses, we chat to Kaye Dong of The New Moon and The Good Studio, and K For Kids Foundation, ... ( read original story ...)

Posted on 19/05/2022

Hong Kong stock index tumbles the most in two weeks, weighed down by Tencent’s earnings woes and US rout

Hong Kong’s key stock index slumped by the most in two weeks, weighed down by an 8 per cent slump in its largest constituent, after Tencent Holdings missed its earnings estimates, while sentiments on ... ( read original story ...)

Posted on 19/05/2022

Hong Kong’s civil servants slated to get a pay rise after two years, will the private sector follow suit?

The proposed increases of up to 7% for upper salary bands appear to be in line with Hong Kong's private sector, where a candidate-driven market may see job hoppers outpacing the wage increases earned ... ( read original story ...)

Posted on 19/05/2022

Festival Walk: Reit investors seek clarity on future of Hong Kong mall as US$7.6 billion merger of Temasek units nears

Investors have raised questions about the viability of Festival Walk, the upmarket Hong Kong shopping centre owned by a unit of Singapore’s Temasek Holdings. ( read original story ...)

Posted on 19/05/2022

Hong Kong considers ‘closed loop’ for free China travel, report says

Hong Kong's Chief Executive-elect John Lee plans to propose a closed-loop system to facilitate quarantine-free business travel between the city and mainland China, Sing Tao reported, citing people it ... ( read original story ...)

Posted on 19/05/2022

Mainland Chinese ship Piano Land could provide ‘cruises to nowhere’ in Hong Kong from July, sources say

Piano Land, run by Astro Ocean Cruise, is set to begin operations in the city on July 1, pending local Covid-19 situation, according to sources. ( read original story ...)

Posted on 19/05/2022

Hong Kong bars, clubs reopen; restaurants allowed to operate until midnight as Covid-19 rules ease

Hong Kong saw another round of Covid-19 rules loosened on Thursday, with bars reopening and restaurants allowed to operate until midnight. © Hong Kong Fr ... ( read original story ...)

Posted on 19/05/2022

Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts

SINGAPORE: Asian sponsors of blank-cheque firms are facing a tough market for initial public offerings (IPOs) wherever they turn, as a combination of increasing regulatory scrutiny and fading investor ... ( read original story ...)

Posted on 19/05/2022

Hong Kong touts ESG credentials with world’s biggest retail green bond

Hong Kong's first green bond for individual investors begins trading here Thursday after a 20 billion Hong Kong dollar ($2.55 billion) offering that the city calls the biggest of its kind anywhere. ( read original story ...)

Posted on 19/05/2022

Hong Kong fugitives who tried to flee to Taiwan admit possessing petrol, other chemicals for making bombs for 2019 protests

Former MTR trainee Cheng Tsz-ho, student Liu Tsz-man and two others plead guilty to possessing articles with intent to destroy or damage property. ( read original story ...)

Posted on 19/05/2022

Hong Kong privacy watchdog ‘considers blocking Telegram over doxxing concerns’ but experts pour cold water on ‘futile’ exercise

Privacy Commissioner Ada Chung thinking about invoking regulations for the first time to restrict people's access to the service, source says Proposal stokes fears it will deal a blow to free flow of ... ( read original story ...)

Posted on 19/05/2022

HSBC break-up proposal gains support in Hong Kong amid dividend drought

Smarting from HSBC Holdings’ move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a break-up. ( read original story ...)

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