Hong Kong's Exchange Fund, which is used to back the Hong Kong dollar, posted an investment loss of HK$13.2 billion ($1.70 billion) in the third quarter, the first loss after five consecutive quarters ... ( read original story ...)
Fitch Assigns CNCB (Hong Kong) Investment First-Time ‘BBB’ Rating; Outlook Stable
Fitch Ratings has assigned CNCB (Hong Kong) Investment Limited (CNCB Investment) a Long-Term Issuer Default Rating (IDR) of 'BBB'. The Outlook is Stable. CNCB Investment, domiciled in Hong Kong, is ... ( read original story ...)
Article: David Thomas of HSBC on ‘agile workforces’ and the future of learning
Flexible working has long been part of the culture at HSBC but the pandemic accelerated and normalised it How did the firm turn flexible working into an opportunity for agile learning In this exclusiv ... ( read original story ...)
Superloop parts with Hong Kong business and Singapore assets for AU$140 million
Superloop announced on Monday morning it would be divesting its Hong Kong business and parts of its Singapore business for AU$140 million to Columbia Capital and DigitalBridge. As part of the deal, ... ( read original story ...)
Chinese Tourists’ Disappearance Is Remaking Hong Kong Retail
Luxury retail chains are losing their once-iron grip on Hong Kong’s shopping streets, as Covid-19 keeps visitors away and forces the city to shift toward restaurants and bars catering to residents. ( read original story ...)
In Australia’s New South Wales, a shift in messaging has lessons for Hong Kong and New Zealand in leaving ‘zero-Covid’ behind
After 100 days of lockdown, New South Wales’ opening up will give Hong Kong, mainland China and New Zealand an insight into how to learn to live with the virus. Singapore’s experience bears lessons ... ( read original story ...)
Hong Kong bans Air Canada flights from Vancouver after passenger tests positive for COVID-19
The government of Hong Kong has banned Air Canada flights from Vancouver after a passenger on a recent flight tested positive for COVID-19. ( read original story ...)
Hong Kong needs poverty chief to help solve problems faced by city’s poor, major trade unions group says
Federation of Trade Unions calls for creation of commissioner for poverty to help low-income families and deal with policies it says are being ignored by existing system. ( read original story ...)
Hong Kong’s ex-leader calls for boycott of Mayer Brown over Tiananmen dispute
Hong Kong’s former leader has called on Chinese companies to boycott Mayer Brown after the US law firm stopped representing a local university seeking to remove from its campus ... ( read original story ...)
Hong Kong landlords to get choice between redevelopment and renovation in new bottom-up approach to urban regeneration
Urban Renewal Authority to try new bottom-up approach for 250 blocks built more than 30 years ago in Sai Wan Ho, with landlords asked for their views in new study. ( read original story ...)
Mayer Brown Accused of Political Interference in Hong Kong; Chinese Companies Urged to Boycott Firm
A former Hong Kong chief executive has called for a boycott of Mayer Brown, after the firm withdrew its representation of a local university calling for the removal of a sculpture which commemorates ... ( read original story ...)
Hong Kong Monetary Authority apologises after electronic payment system crashes on Sunday morning during system maintenance
The Hong Kong Monetary Authority, the city's de facto central bank, apologised on Sunday after its electronic payment platform crashed for about five hours because of "unforeseen circumstances" during ... ( read original story ...)
Dallas hedge fund manager Kyle Bass’s bet against the Hong Kong dollar fizzles
A recent U.S. Securities and Exchange Commission case reveals how Kyle Bass’s bet against the Hong Kong dollar has fizzled: He’s lost big, ensnaring ... ( read original story ...)
Hong Kong Monetary Authority apologises after electronic payment platform crashes on Sunday morning during system maintenance
City’s de facto central bank says upgrade and relocation of Faster Payment System took longer than expected. The online transaction platform eventually came back up at 1pm. ( read original story ...)