After the US Fed FOMC meeting closed, the HKMA responded that as high inflation persisted and employment continued its solid growth in the US, the Fed announced further reducing asset purchases, and ... ( read original story ...)
Hong Kong’s jailed, exiled democrats lament Sunday election
For scores of Hong Kong democrats, this year's legislative elections were supposed to be a landmark moment for the movement in the face of what they saw as increasing encroachment on Hong Kong's way ... ( read original story ...)
Hong Kong stocks fall as US blacklist concerns outweigh Wall St gains
Hong Kong stocks opened lower on Thursday and Chinese stocks were flat despite gains on Wall Street overnight as investors worried that Washington might blacklist more Chinese companies. Hong Kong’s ... ( read original story ...)
Hong Kong’s Tybourne to Shut $2.8 Billion Hedge Fund
Tybourne Capital Management is shutting its $2.8 billion hedge fund, retreating from bearish bets that have become increasingly difficult to make money from, said people with knowledge of the ... ( read original story ...)
Hong Kong Stock Market Overdue For Support On Thursday
The Hong Kong stock market has finished lower in four straight sessions, dropping more than 840 points or 3.6 percent along the way. ( read original story ...)
Blaze traps hundreds in Hong Kong tower, 13 hospitalized
Hundreds of people were trapped on the rooftop of a Hong Kong skyscraper after a major fire broke out on Wednesday, as firefighters rushed to stage a dramatic rescue and put out the blaze. At least 13 ... ( read original story ...)
Britain receives over 88k visa applications from Hong Kong residents seeking to leave after China’s crackdown
The U.K. has received over 88,000 visa applications from Hong Kong citizens after rolling out a resettlement program in Jan. 2021, labeling the strong numbers as a sharp rebuke of China’s efforts to ... ( read original story ...)
Companies Caught in Middle of China-U.S. Spat Retreat to Hong Kong
Hello, it’s Manuel here in Hong Kong—welcome to the Bloomberg Deals newsletter. Today I’m recapping the problems for firms that want to sell shares to both U.S. and Chinese investors. There’s also ... ( read original story ...)
Hong Kong accelerator Brinc raises $30M Series B
I’ve visited Brinc’s headquarters the last few times I’ve been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through ... ( read original story ...)
Hong Kong douses fire that trapped 150 people on trade centre roof
A fire broke out on Wednesday in Hong Kong's World Trade Centre, trapping about 150 people on its roof, and 13 people were injured before firefighters put out the blaze, police and the fire department ... ( read original story ...)
13 hospitalized after fire erupts at Hong Kong’s World Trade Centre
In all, firefighters brought 770 people out of the building, said Ng Yau Sheung, Hong Kong Fire Services Department’s senior divisional officer. Another 40 people left on their own, he added. At least ... ( read original story ...)
Mainland, Hong Kong remain the most active regions in the world for IPOs in 2021: report
The Chinese mainland and Hong Kong Special Administrative Region remained the most active regions in the world for IPOs in 2021, accounting for 25 percent and 28 percent of the world’s total by the ... ( read original story ...)
Pharma and Tech Listings Run the Gamut on Hong Kong Stock Exchange
Kirkland & Ellis, Davis Polk, O’Melveny, Baker & McKenzie and the Magic Circles all have a part to play is closing up the year for Hong Kong listings. ( read original story ...)
Firefighters Rescue Hundreds Trapped on Hong Kong Rooftop
At least 13 people were injured after a fire broke out in the 38-story World Trade Center building in Hong Kong, trapping hundreds on its roof and forcing firefighters to rescue many by ladder. ( read original story ...)