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Posted on 15/01/2022

Coronavirus: struggling Hong Kong firms left ‘speechless’ by ‘peanuts’ HK$3.5 billion aid package

Industry players say subsidies insufficient to cover losses and operational costs, hope for curbs to be lifted as soon as possible Extended social distancing rules mean business will miss out on ... ( read original story ...)

Posted on 15/01/2022

Hong Kong to suspend flight transits from over 100 countries, regions due to Omicron variant

Passengers are seen at the Hong Kong International Airport in Hong Kong, south China, March 10, 2020. (Xinhua/Lui Siu Wai) Passengers who have stayed in high-risk Group A specified places in the past ... ( read original story ...)

Posted on 15/01/2022

Alibaba, JD.com Investors Boost Shift to Hong Kong’s Market

Some of the biggest Chinese tech firms are seeing investors boost their proportion of Hong Kong-traded shares away from American Depository Receipts, as tougher U.S. regulatory oversight and elevated ... ( read original story ...)

Posted on 15/01/2022

Longfor Joins Peers With Spinoff, IPO for Property Management Arm

Longfor has applied to list its property management arm in Hong Kong, following in the footsteps of many of its peers The unit, Longfor Intelligent Living, ... ( read original story ...)

Posted on 15/01/2022

Chinese spy Christine Lee is daughter of Hong Kong immigrant

Christine Lee moved with her parents to Northern Ireland in 1974 before relocating to the West Midlands in 1985 and marrying her first husband in Birmingham when she was 21. ( read original story ...)

Posted on 15/01/2022

Shares of HSBC Holdings plc. (HSBC) Exceed 52-Week High

HSBC Holdings plc. (NYSE:HSBC) traded at a new 52-week high today of $35.36. Approximately 929,000 shares have changed hands today, as compared ... ( read original story ...)

Posted on 15/01/2022

Zero-Covid policies threaten Hong Kong’s place in the world

Record numbers are leaving and companies report problems recruiting as the city’s pandemic measures and political crackdown bite ... ( read original story ...)

Posted on 15/01/2022

Senior bankers stranded by Hong Kong’s Covid-19 flight ban

Banks struggle to bring key executives back to Hong Kong, threatening its appeal as financial hub. . Read more at straitstimes.com. ( read original story ...)

Posted on 15/01/2022

Hong Kong bans flights from more than 150 countries amid omicron surge

The Hong Kong International Airport is temporarily suspending incoming commercial flights from 150 countries, including the U.S., from Sunday to Feb. 15, according to a notice posted on its ... ( read original story ...)

Posted on 15/01/2022

North Korean Hackers Stole Millions from Cryptocurrency Startups Worldwide

North Korean hackers have stolen millions of dollars worth of digital assets from companies worldwide working with cryptocurrencies. ( read original story ...)

Posted on 15/01/2022

Hong Kong restaurant owner says sales will keep dropping due to Covid restrictions

Restaurant chain Pirata Group CEO Manuel Palacio says Hong Kong's recent Covid restrictions measures are having a "brutal" impact on the business, but he is focusing on the long-term prospects. ( read original story ...)

Posted on 14/01/2022

Hong Kong High Court judge urges feuding family of late billionaire tycoon Henry Fok to drop lawsuit

Warring relatives should think about alternatives to the courtroom for resolving questions surrounding Fok's HK$11.3 billion estate, judge says Five offspring from Fok's first family are at ... ( read original story ...)

Posted on 14/01/2022

Is There Any Hope Left for Hong Kong’s Fearless Cinema?

Once upon a time, Hong Kong cinema was free and thriving. This resulted in many terrible films, but fast productions and faster box office allowed many filmmakers to do whatever they pleased, ... ( read original story ...)

Posted on 14/01/2022

Hong Kong finance chief urged to roll out fresh round of consumption vouchers to ease pressure on economy, labour market

Lawmakers say scheme was successful in boosting local consumption, call on Financial Secretary Paul Chan to hand out more vouchers of up to HK$10,000 each to eligible residents Finance chief also ... ( read original story ...)

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