Hong Kong leader Carrie Lam said on Monday there were no plans to tighten strict social distancing measures as the Chinese-ruled territory battles to contain a coronavirus surge that has submerged its ... ( read original story ...)
Aquila launches HK’s debut Spac IPO
Hong Kong is hosting its first listing of a special purpose acquisition company, with Aquila Acquisition Corp, a CMB International-backed Spac, kicked off bookbuilding on Monday. Aquila is aiming to ... ( read original story ...)
Panic Selling Grips China Tech Stocks Again as Concerns Pile Up
The relentless selloff in Chinese technology stocks continued on Monday, as Beijing’s close relationship with Russia raised risks for mainland companies already battered by renewed regulatory ... ( read original story ...)
PRAN-RFL receives HSBC Business Excellence awards
Pran-RFL Group, country’s one of the largest conglomerates, received the 2nd HSBC Business Excellence Awards for its role in ... ( read original story ...)
Hong Kong shares dive 5.4% as China shuts down Shenzhen
Hong Kong’s share index plunged 5.4% on Monday after the neighboring Chinese city of Shenzhen was ordered into a shutdown to combat China’s worst COVID-19 outbreak in ... ( read original story ...)
Ukraine invasion: Rusal investors lose US$6 billion in Hong Kong stock sell-off while aluminium producer deflects all sanctions
Investors in Russia’s top aluminium producer have suffered a drubbing since the Ukraine invasion, while trading in Moscow is frozen. Rusal is not affected or hindered by sanctions on Russia or its ... ( read original story ...)
Hong Kong’s Hang Seng index plunges 5.4% as virus lockdown in Shenzhen, U.S. share listings issues pull benchmark lower.
Hong Kong's Hang Seng index plunges 5.4% as virus lockdown in Shenzhen, U.S. share listings issues pull benchmark lower. ( read original story ...)
Hong Kong Can’t Impose Snap Lockdown Like Shenzhen, Lam Says
Hong Kong doesn’t have the infrastructure to roll out a lockdown and compulsory testing as swiftly as mainland China, according to Chief Executive Carrie Lam, whose announcement of a now-delayed ... ( read original story ...)
UK-based rights group says Hong Kong police accused it of violating security law
Hong Kong police have accused UK-based rights group Hong Kong Watch of "collusion with foreign forces," a "likely" violation of the China-imposed national security law, the group said on Monday (March ... ( read original story ...)
Hong Kong has COVID Camps as Shenzhen and Shanghai Limits Movements of People
Furthermore, in Shenzhen, buses and subway trains are being halted. Neighboring Hong Kong, Shenzhen has one of the world’s largest ports. China has attempted to keep ports running during COVID ... ( read original story ...)
Hong Kong shares dive 5.4% as virus shutdown hits Shenzhen
Hong Kong’s share index plunged 5.4% on Monday after the Chinese government ordered a lockdown to combat an outbreak of coronavirus in the neighboring city of Shenzhen. The shutdown in the ... ( read original story ...)
Hong Kong analysts reverse bullish forecasts in U-turn for property market as home sales plunge to near zero amid worsening Covid-19 outbreak
Home prices may fall by 5 per cent in 2022, according to the property consultant Colliers, the most dramatic change among analysts surveyed by the Post Home prices will remain under pressure at least ... ( read original story ...)
Hong Kong’s Hang Seng index drops 3% in mixed Asia trading; oil prices fall almost 3%
Shares in Asia-Pacific were mixed in Monday morning trade. Investors continued to monitor developments around the Russia-Ukraine war and Covid wave in China, both of which threaten to further disrupt ... ( read original story ...)
Hong Kong’s Hang Seng index drops nearly 4% as investors monitor China’s Covid wave
Hong Kong's Hang Seng index dropped 3.81% by the afternoon, with Chinese tech stocks in the city taking a beating. ( read original story ...)