For several weeks, bodies have been piling up at hospitals because the city’s public mortuaries, which can take up to 3,000 bodies, are full. ( read original story ...)
Didi plummets 42% and extends pain for Chinese stocks as it halts plan to list shares on Hong Kong exchange
Chinese stocks were already under pressure after the SEC identified five companies that could be delisted if they don't get audited in the US. ( read original story ...)
JD.com, Alibaba Lead Hong Kong Losses After SEC’s Tough Action
Chinese stocks slide as the securities watchdog publishes a list of five U.S.-listed Chinese companies that are noncompliant with their accounting. ( read original story ...)
‘It’s like we are being left to die’: Hong Kong tackles deadliest Covid wave
Dynamic zero-Covid policy’ under scrutiny in region with highest death rate in developed world ... ( read original story ...)
Didi Said to Halt Hong Kong Listing Plan on Cybersecurity Probe
Didi Global Inc. has suspended preparations for its planned Hong Kong listing after failing to appease Chinese regulators’ demands that it overhaul its systems for handling sensitive user data, ... ( read original story ...)
Kirkland & Ellis Loses U.S. Securities Partner to Freshfields in Hong Kong
The move marks the second partner departure from Kirkland & Ellis in Hong Kong in a month. Kirkland & Ellis U.S. securities partner Howie Farn has left the firm to join Freshfields Bruckhaus Deringer, ... ( read original story ...)
Departing Hong Kong residents took US$305 million from pensions in Q4
Residents leaving Hong Kong for good withdrew a total of HK$2.384 billion (US$305 million) from their Mandatory Provident Fund (MPF) pensions in the last quarter of 2021, government data showed, after ... ( read original story ...)
JPMorgan accelerates senior relocations from Hong Kong to Shanghai
JPMorgan has accelerated plans to relocate some of its top investment bankers in Hong Kong to mainland China as draconian pandemic restrictions have made travelling from the terri ... ( read original story ...)
Back to Business: More than Ever, the Banking Industry Will Be at the Forefront of a Sustained Recovery
As we await the pandemic’s demise, the banking industry is equipping itself to be at the centre of the economic recovery, providing businesses with the resources they will need to not only survive but ... ( read original story ...)
Get Started HK Limited joins forces with Cheap Incorporations to launch the “Fight Covid Donation Campaign” amid Hong Kong’s fifth wave outbreak
As Hong Kong battles its fifth and worst Covid-19 wave to date, both lives and livelihoods are at risk, and underprivileged groups are struggling more than ever to meet their basic needs. Recognizing ... ( read original story ...)
Hong Kong doubles down on ‘Zero COVID’ policy, as death rate soars to world’s highest
As the rest of the world learns to live with the virus, the highly infectious omicron variant has finally broken through Hong Kong’s once lauded defenses. ( read original story ...)
Didi said to halt Hong Kong listing plan on cyber security probe
The Cyberspace Administration of China informed Didi executives their proposals to prevent security and data leaks had fallen short. . Read more at straitstimes.com. ( read original story ...)
Didi’s reportedly to stop listing plan in Hong Kong
The Cyberspace Administration of China (CAC) had reportedly told Didi's management that their proposals to prevent security and data leaks were insufficient. ( read original story ...)
China’s ride-hailing giant Didi to halt Hong Kong listing: report
China's leading ride-hailing company Didi Global has put plans to list in Hong Kong on hold, a report said Friday, as it struggles to appease Beijing over its handling of user data. ( read original story ...)