Hong Kong is considering stricter social-distancing steps to curtail an escalating outbreak that’s strained its hospitals. Departures have climbed to the highest during the pandemic as residents flee ... ( read original story ...)
JPMorgan’s Holsheimer to Leave Hong Kong, Adding to Departures
JPMorgan Chase & Co.’s Ryan Holsheimer, head of cash equity & equity distribution for Asia-Pacific, is leaving the firm, adding to a string of senior departures and relocations from Hong Kong, ... ( read original story ...)
Hong Kong to set up new anti-epidemic task force to prepare for mass testing
Hong Kong is mobilising police in the battle against Covid-19 by getting a new anti-epidemic task force under the Security Bureau to prepare for universal testing, the South China Morning Post has ... ( read original story ...)
Hong Kong Departures Climb to Pandemic High as Residents Flee
Hong Kong recorded 27,703 departures from the city in the week ended Feb. 20, pushing the weekly net outflow of people to its highest level since the Asian financial hub imposed strict quarantine ... ( read original story ...)
HSBC donates US$12.8 million to help needy Hong Kong families hit by Covid-19, while AlipayHK cuts SME fees
HSBC, the biggest lender in Hong Kong, has donated HK$100 million (US$12.8 million) to help low-income households hit hard by the Covid-19 outbreak, the biggest so far by the city’s financial sector. ( read original story ...)
Beijing grows frustrated at Hong Kong’s handling of pandemic
Patients on hospital beds at a makeshift treatment area outside Caritas Medical Centre in Hong Kong on Friday © Kin Cheung/AP ... ( read original story ...)
Only One More Flight From Singapore to Hong Kong This Month
Singapore Airlines Ltd.’s budget carrier Scoot has stopped accepting bookings to Hong Kong until March 7, signaling it is the latest airline to be banned from flying to the city for two weeks. The ... ( read original story ...)
Hong Kong’s Zero-Covid Disaster
When Covid hit in 2020, no place tried to hit Covid back as hard as Hong Kong did. In May 2020, Vox credited widespread voluntary masking for keeping the virus at bay, writing: “Almost as soon ... ( read original story ...)
Hong Kong IPOs Plagued by Bottom Pricing as Risk Appetite Wanes
Most companies that sold shares for the first time in Hong Kong this year have had to accept pricing at the low end of their expected range. Tough conditions for first-time issuers globally --ranging ... ( read original story ...)
Shadowy messengers delivering threats to Hong Kong civil society
HONG KONG: Covert meetings, whispered threats, and mysterious phone calls –- warnings of reprisals by authorities from shadowy messengers are hounding Hong Kong's civil society as China flattens a pro ... ( read original story ...)
Budget 2022-23: struggling Hong Kong pins hopes on finance chief to provide e-vouchers, easy loans to help desperate businesses, save jobs
Financial Secretary Paul Chan Mo-po is expected to provide a lifeline to a struggling Hong Kong in his budget speech on Wednesday, with a fresh round of consumption vouchers and help for desperate ... ( read original story ...)
Hong Kong banks feeling the pain of losing transaction business as over 400 branches shut amid pandemic
Hong Kong banks are bearing the brunt of losing their over-the-counter transactions business as the widespread closure of branches amid the pandemic enters its second week, bankers and analysts say. ( read original story ...)
Hong Kong in ‘all-out combat’ to contain Covid-19 outbreak with China support
HONG KONG - Hong Kong is in "all-out combat" to contain a surge in coronavirus cases, the city's number two official said on Sunday (Feb 20), with the ramping up of community isolation and treatment ... ( read original story ...)
Singapore Won’t Displace Hong Kong as a Financial Center
Get alerts for Rachel Rosenthal Hong Kong’s rapid isolation from the rest of the world has business executives, investors and expatriates asking whether Singapore will overtake the territory as Asia’s ... ( read original story ...)