Citizen News, a small but aggressive online publication, is the latest outlet to fold amid relentless pressure from the authorities. ( read original story ...)
Third Hong Kong news company shutters as media fears widen
Journalists from Hong Kong media outlet CitizenNews decried plummeting press freedoms as they closed on Monday, saying they no longer felt safe to publish after colleagues at a rival publication were ... ( read original story ...)
Hong Kong news site to shut; pro-Beijing lawmakers sworn in
A group of lawmakers loyal to China’s Communist Party were sworn in to Hong Kong's Legislature on Monday following an election without opposition candidates, as yet another pro-democracy news outlet ... ( read original story ...)
Hong Kong banks must step up preparedness for extreme climate events and carbon policy changes, stress test finds
More intense climate hazards will cause banks to suffer an annual operational loss of US$282 million, HKMA says HKMA will conduct a similar test two years from now, CEO says Hong Kong banks need to ... ( read original story ...)
Hong Kong free press faces collapse as second news site announces closure
Hong Kong’s free press is on the brink of extinction after the two largest remaining independent news websites in the Chinese territory announced they were shutting down in the space of a week. ( read original story ...)
China’s Hainan sees duty-free sales boom as shoppers look for ‘convenient’ alternative to Hong Kong
The number of duty-free shoppers visiting the island increased by 73 per cent year on year in 2021, while sales grew by 83 per cent Analyst says there is a correlation between Hainan's booming ... ( read original story ...)
Yet another Hong Kong news outlet closes amid Beijing’s crackdown on dissent
An online Hong Kong news site cites deteriorating press freedoms as the reason it will cease operations Tuesday. ( read original story ...)
Another Hong Kong news outlet shuts down, citing fears for employee safety
Hong Kong independent online publication Citizen News said its decision to shut down was set off by the closure of pro-democracy media outlet Stand News last week. ( read original story ...)
Top 15 IPOs to keep an eye on in 2022, as Hong Kong tries to put a difficult year behind it
Hong Kong's main board dropped to third place last year from second in 2020 in international rankings More than 70 per cent of firms that listed in the city in 2021 saw their stock prices trade below ... ( read original story ...)
China Spells Out Rules for Overseas IPOs of Domestic Companies, VIEs
China has fleshed out the rules for its domestic companies listing IPOs overseas, including companies that are structured as variable interest entities. ( read original story ...)
Evergrande suspends trading of shares in Hong Kong
Embattled Chinese property developer Evergrande suspended trading in Hong Kong on Monday as the heavily indebted company contends with an ongoing real estate crisis. ( read original story ...)
Proptech startup Square Yards plans to go public
The company has appointed Axis Capital as the lead banker for its IPO. More banks will be hired later on. The exact figures of the share sale have not been decided yet, as the transaction is not likel ... ( read original story ...)
Hong Kong’s top accounting regulator promises more investigations to root out audit failures
The Financial Reporting Council (FRC) will conduct more investigations and introduce more measures to enhance the quality of the market, says its chairman. ( read original story ...)
Hong Kong news site shuts as pro-Beijing lawmakers sworn in
Hong Kong welcomed its newest batch of pro-Beijing lawmakers in the Legislative Council Monday, after an election held without opposition candidates, as the editors of one of the city’s last remaining ... ( read original story ...)