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Posted on 26/01/2022

Hong Kong Could Remain Cut Off From World Until 2024, Business Group Says

The most likely scenario for Hong Kong’s exit from its isolation is to wait for China to finish developing a powerful mRNA vaccine and immunize its 1.4 billion people, the European Chamber of Commerce ... ( read original story ...)

Posted on 26/01/2022

Crackdown on Chinese IPOs in the U.S. could make investors think twice about betting on tech

New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups. ( read original story ...)

Posted on 26/01/2022

HSBC features 5 HK celebrities in CNY group Lai See campaign

In addition to Keung To, singer Ivana Wong, girl group COLLAR's Marf Yau and Day Hui, along with influencer Ray Chan also star in the campaign video. ( read original story ...)

Posted on 26/01/2022

Hong Kong could stay COVID hermit until 2024, business body warns

Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, ... ( read original story ...)

Posted on 26/01/2022

Hong Kong Isolation to Continue; N.Y. Cases Plunge: Virus Update

Hong Kong’s zero-tolerance approach could keep the Asian financial hub cut off from most of the world until 2024, according to a draft report by the European Chamber of Commerce in the city. Most Read ... ( read original story ...)

Posted on 26/01/2022

Hong Kong Airport Passenger Volumes Lowest Since 1967: Chart

Air passenger volumes in Hong Kong continued their free fall last year, plunging to 1.35 million, the lowest since 1967, data from the Airport Authority Hong Kong and the city’s Census and Statistics ... ( read original story ...)

Posted on 26/01/2022

Tencent-backed Chinese car maintenance startup Tuhu files for HK IPO

Tuhu plans to use the money raised from the IPO to help automate its distribution centers through the use of robots. ( read original story ...)

Posted on 26/01/2022

Fed Rate Hikes Would Hit Hong Kong’s Economy at the Worst Time

The last thing Hong Kong wants to do right now is increase borrowing costs. But that’s exactly what it will be forced to do when the Federal Reserve starts lifting interest rates. ( read original story ...)

Posted on 26/01/2022

Hong Kong Official Likely Out of Job After Violating COVID Protocols to Attend Party

"I will take responsibility for my wrong behavior," the official said in a social media post. "I will also learn from this and not make this mistake again." ... ( read original story ...)

Posted on 26/01/2022

Hong Kong expands restrictions after hundreds of COVID-19 cases discovered at public housing complex

Hong Kong authorities have expanded their lockdown restrictions after hundreds of residents at a public housing complex tested positive for COVID-19, The Associated Press reported. The housing block ... ( read original story ...)

Posted on 26/01/2022

CityLab Daily: Hong Kong Covid Zero Push Creates a Labor Shortage

Hong Kong’s Covid Zero policy has led to a shortage of foreign d. A group of mostly Filipina and Indonesian women provide live-in child care, cooking and cleaning to 10% of households, and serve as ... ( read original story ...)

Posted on 26/01/2022

Hong Kong COVID-19 cluster in housing prompts partial lockdown

Hong Kong expanded a partial lockdown and tightened pandemic restrictions on Tuesday (Jan 25) after more than 200 cases of COVID-19 were discovered at a public housing estate. Hong Kon ... ( read original story ...)

Posted on 26/01/2022

Wells Fargo Said to Eye Sale of $1 Billion Hong Kong Bank Stake

Wells Fargo & Co. is considering a sale of its minority stake in a Hong Kong lender, as the U.S. bank continues to unload assets as part of a turnaround plan, people with knowledge of the matter said. ( read original story ...)

Posted on 26/01/2022

Hong Kong’s SenseTime opens new data center in Shangai

Hong Kong-based AI company SenseTime has opened a new data center in Shanghai, China. The company this week said its Artificial Intelligence Data Center (AIDC), located in the Lingang New Area of the ... ( read original story ...)

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