Banking giants including Goldman Sachs Group Inc. and Bank of America Corp. are struggling to bring key executives back to Hong Kong after the city banned flights from eight countries, part of an ... ( read original story ...)
HSBC investment bank co-head to take 6-month sabbatical
HSBC has internally announced that its co-head of investment banking, Greg Guyett, will assume sole oversight of the bank’s entire advisory and trading division during the six-month sabbatical of his ... ( read original story ...)
German Cases Soar; Stranded Hong Kong Bankers: Virus Update
Germany reported record new coronavirus cases for the third straight day as the highly transmissible omicron variant swept through Europe’s biggest economy. The U.K. is set to abandon Covid passes ... ( read original story ...)
Frustration over COVID-19 restrictions in increasingly isolated Hong Kong
Hong Kong is following mainland China's zero-tolerance approach to control COVID-19, rankling many residents of the international financial hub as much of the world shifts towards living with the ... ( read original story ...)
Hong Kong has no ‘timeline’ for opening international border, official says
Hong Kong has “no definitive timeline” for lifting restrictions on international borders this year, a top official has said, despite the heavy toll the city’s zero-Covid policy has taken on its role ... ( read original story ...)
Hong Kong suspends transit flights from most of the world due to COVID-19
Hong Kong will suspend for a month transit flights from around 150 countries and territories considered high risk because of the coronavirus, deepening the global financial hub's isolation. The move ... ( read original story ...)
Hong Kong police switch to goose-stepping ‘to show patriotism’
Hong Kong's entire police force will switch from colonial-era British marching drills to the goose-stepping style seen on the Chinese mainland, the city's force said Friday, citing the need to show ... ( read original story ...)
Fortress Hong Kong loses its lustre as COVID-19 rules bite
After it survived mass protests and a Chinese crackdown, the pandemic is shaping up as the biggest threat to Hong Kong’s status as an international business city. ( read original story ...)
Hong Kong Extends Curbs; VW Closes China Factory: Virus Update
Hong Kong will extend social restrictions through the end of the Lunar New Year to help contain an omicron outbreak that’s taken local cases to about 60, local media reported. In the meantime, South ... ( read original story ...)
Hong Kong’s zero-COVID policy causing nightmares for Australian banks
Australian banks with offices in Hong Kong, which has the world’s strictest border controls, are allowing staff to work from other countries or paying expensive hotel quarantine bills in an effort to ... ( read original story ...)
Hong Kong to extend Covid-19 curbs for Chinese New Year: Local media
The govt is trying to contain an Omicron outbreak that has reached some 60 cases locally. . Read more at straitstimes.com. ( read original story ...)
Who’s next? Hong Kong media fearful after arrests, shutdowns
When Hong Kong's national security police knocked on his door before dawn last month, journalist Ronson Chan was unsurprised but still found himself shaking. ( read original story ...)
Hong Kong Quarantine Chaos; South Korea Eases Rule: Virus Update
Hong Kong, one of Asia’s wealthiest cities, is struggling to house, feed and process some 3,000 people it has forcibly isolated as tales of chaos poured out of a makeshift quarantine camp, including ... ( read original story ...)
Hong Kong stocks slip as mainland China funds trim bets on Tencent, HKEX while investors await trade data
Mainland Chinese investors turned net sellers of Hong Kong-listed stocks on Thursday with Tencent, HKEX, Sunny Optical among those under pressure Hang Seng remains 3.3 per cent stronger from last ... ( read original story ...)