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Posted on 25/10/2021

Hong Kong’s zero-COVID policy undermining financial hub status – industry group

A financial industry group warned on Monday that Hong Kong's zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city's status as a financial ... ( read original story ...)

Posted on 25/10/2021

Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world’s most indebted developer

HSBC, Standard Chartered – two of Hong Kong’s biggest banks – previously said they have little to no direct exposure to troubled China Evergrande Group. ( read original story ...)

Posted on 25/10/2021

Hong Kong Widens Security Supervision With Request to Banks

The Hong Kong Association of Banks with “input” from The Hong Kong Monetary Authority. Lenders operating in the city will need to report clients who they know or suspect are committing offenses ... ( read original story ...)

Posted on 25/10/2021

Covid-19 pandemic spurs youth in South-east Asia to chase start-up dreams

A new generation of young professionals, defined by the realities of a global pandemic, are eschewing work at established corporations and jumping into start-ups.. Read more at straitstimes.com. ( read original story ...)

Posted on 25/10/2021

Hong Kong exporters risk missing Christmas peak season as global supply chain crisis leaves goods stranded

Small and medium-sized enterprises, desperate for containers and facing rising transport costs, worry customers will cancel orders. ( read original story ...)

Posted on 25/10/2021

Hong Kong historical heritage tourism? Sanitised and soulless, the city’s ‘revitalised’ buildings are empty shells and missed opportunities

Let's face it, Hong Kong has not been a long-haul tourist destination in its own right for decades; for many travellers, the city was a stopover on the way to somewhere else. A convenient, exciting ... ( read original story ...)

Posted on 25/10/2021

Hong Kong marathon, first event of its kind since pandemic hit, marred by injuries, allegations of censorship

Several runners have complained they were told to cover up tattoos, logos and slogans or be banned from the race. ( read original story ...)

Posted on 25/10/2021

Economic benefit is not why Hong Kong must reject anti-mainland discrimination

I am responding to your editorial published on October 17, titled "Hongkongers should be more accepting of mainland immigrants". In the editorial, you argue that Hongkongers should be more accepting ... ( read original story ...)

Posted on 25/10/2021

Superloop sells Hong Kong operations and select Singapore assets to Columbia Capital and DigitalBridge

At 30% premium to carrying value, the sale accelerates monetisation of Superloop’s Asia Pacific assets, provides flexibility for Superloop to continue investing in growth. Superloop has entered into a ... ( read original story ...)

Posted on 25/10/2021

HSBC share price forecast ahead of quarterly earnings

The HSBC (LON: HSBC) share price will be in focus on Monday morning as the company publishes its quarterly results. The stock has risen in the past six straight days and is trading at the highest it ... ( read original story ...)

Posted on 25/10/2021

Top Hong Kong government adviser defends proposed ban on lawyer choice for legal aid applicants

Ronny Wong insists choice was never the ‘sole consideration’ under lawyer allocation system, but critics say the right to pick your own representation is enshrined Hong Kong’s Basic Law. ( read original story ...)

Posted on 25/10/2021

Foreign Secretary rebuked by China for expressing concern over political freedoms in Hong Kong

China sharply criticised Liz Truss after the Foreign Secretary spoke out in defence of political freedoms in Hong Kong. The rebuke came shortly after Ms Truss gave an interview to The Telegraph in ... ( read original story ...)

Posted on 25/10/2021

Hong Kong leader Carrie Lam to return to work on Monday after fracturing elbow in fall

Lam says in a Facebook post that she will resume her official duties seven days after fracturing her elbow in a fall at her residence, though she notes she still faces a long road to a full recovery. ( read original story ...)

Posted on 24/10/2021

What CBDCs Mean for the Future of DeFi and Stablecoins

From an almost entirely conceptual discussion, CBDCs are now in various stages of research and development to ascertain how they could work in practice. China’s digital yuan is currently leading the ... ( read original story ...)

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