A rally in technology stocks pauses as traders await a slew of corporate earnings from the sector. Reports from Xiaomi and Kuaishou could test the strength of market rebound. ( read original story ...)
Customs smashes Hong Kong money-laundering ring accused of smuggling HK$170 million over world’s longest sea crossing
Hong Kong customs officers have broken up a money-laundering ring accused of smuggling HK$170 million (US$21.8 million) in criminal proceeds out of the city over three months via the world’s longest ... ( read original story ...)
European business leaders say quarantine measures could harm HK’s international business hub status
The European Chamber of Commerce in Hong Kong has urged the government to open the city after it tightened its quarantine measures in mid-August. This comes as the group feels the tightened measures ... ( read original story ...)
HK CE Carrie Lam urges private sector employers in Hong Kong to require vaccinations for employees
The CE said: "If they want a very strong and clear message from the Government, I'm now giving that very strong signal and message that they should move into the situation of requiring their employees ... ( read original story ...)
China’s new data privacy law will create fresh challenges for Hong Kong businesses: former privacy chief
Beijing's new data privacy law will affect Hong Kong businesses and how they handle mainland consumer data, possibly requiring them to hire specialist agencies or compliance officers to manage ... ( read original story ...)
Hong Kong lawyers attacked by pro-Beijing media defeated in heated Law Society poll
Five candidates pledging "professionalism" over politics swept an election for Hong Kong's Law Society council early Wednesday, shattering the hopes of a camp that wanted tougher action to defend the ... ( read original story ...)
Singapore narrows gap with Hong Kong in terms of prime office rents and prices, as Chinese tech giants expand in Lion City
Singapore's office property market is gradually catching up with that of Hong Kong, the Lion City's rival business hub, in terms of rents and prices, with Chinese technology giants such as Alibaba ... ( read original story ...)
Are Hong Kong IPOs lemons?
Not all Hong Kong IPOs with huge retail demand will fly. Take Acotec, a medical device maker which debuted with an eye-popping 26 per cent drop in share price. Share price closed at HK$17.6, which ... ( read original story ...)
Hong Kong Law Society Candidate Withdraws From Council Election Citing Threats to Safety
... held in-house roles with manufacturing and semiconductor packaging company UTAC Hong Kong Ltd., electrical manufacturing company ASAT Holdings and Bank of China. He has also spent time in private ... ( read original story ...)
Huarong Leasing Management Hong Kong Co Ltd — Moody’s downgrades Huarong Financial Leasing to Baa3; ratings remain on review for downgrade
Moody's downgrades Huarong Financial Leasing to Baa3; ratings remain on review for downgradeRead the full article at Moody's ... ( read original story ...)
Hong Kong’s Hang Seng index jumps more than 2% as optimism rises on Pfizer vaccine approval
Pfizer and BioNTech's Covid-19 vaccine became the first in the U.S. on Monday to be granted full approval by the Food and Drug Administration. ( read original story ...)
Hong Kong Market surges 2.5%
At closing bell, the benchmark Hang Seng Index rose 2.46%, or 618.33 points, to 25,727.92, adding to a 1.1% on Monday. The Hang Seng China Enterprises Index added 3.21%, or 283.12 points, to 9,098.68. ( read original story ...)
Hong Kong set to censor films deemed contrary to national security
Hong Kong is poised to censor screenings of movies deemed contrary to national security, an official signaled at a news conference on Tuesday. ( read original story ...)
Hong Kong Proposes Three Years in Prison for Screening Banned Movies
Film censors in Hong Kong have proposed new rules that would include steep fines and up to three years in prison for screening movies that are banned, according to a new report from the Hong Kong ... ( read original story ...)