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Posted on 21/06/2021

Wealth Management Connect: Hong Kong lenders race for tie-up with mainland peers as China abandons rule on partnerships

Hong Kong lenders are racing to form multiparty tie-ups with mainland peers to prepare for the impending launch of the Wealth Management Connect scheme after China eased a one-to-one partnership in a ... ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Apple Daily to shut within days, advisor to jailed tycoon Jimmy Lai says

Chief editor Ryan Law and chief executive Cheung Kim-hung were denied bail after being charged with collusion with a foreign country. ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Apple Daily to Decide Monday on Shutting Down Paper

The board of Next Digital Ltd., which publishes Hong Kong’s Apple Daily, will meet on Monday to decide whether to shut down the pro-democracy newspaper, according to a top adviser to owner Jimmy Lai, ... ( read original story ...)

Posted on 21/06/2021

Hong Kong property stocks enjoy value revival as they hitch ride on economic rebound with foreign funds on the prowl

With shares of Hong Kong developers clocking their best performance in four years thanks to the economic revival and renewed interest in property sales, analysts see further upside potential for the ... ( read original story ...)

Posted on 21/06/2021

Hong Kong paper Apple Daily faces closure for constant criticism of Beijing

A Hong Kong newspaper that has been the territory’s fiercest critic of Beijing is set to close within weeks after executives were arrested in a raid by security police and its assets frozen.Despite ... ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Apple Daily Runs Low on Funds to Print Paper

Hong Kong’s Apple Daily newspaper has enough cash on hand to continue operating as normal only for a couple of weeks, according to a person familiar with the matter. Authorities used a sweeping ... ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Lam says China has helped restore ‘stability’

The chief executive of Hong Kong on Sunday said China has helped restore "stability" in the city.Reuters reported that Chief Executive Carrie Lam said Hong Kong's strategy to improve its standing as a ... ( read original story ...)

Posted on 21/06/2021

Crypto finance startup Amber Group raises $100M at $1B valuation

More mainstream venture capital firms are jumping on the crypto bandwagon as investors increasingly consider bitcoin an investable asset, despite the recent massive price drops of a few major ... ( read original story ...)

Posted on 21/06/2021

Former Morgan Stanley Traders Turn Crypto Startup Into Unicorn

A group of former Morgan Stanley traders has turned their cryptocurrency venture into a unicorn by bringing Wall Street strategies to the brave new world. ( read original story ...)

Posted on 21/06/2021

Coronavirus: more Hong Kong restaurants try out tricky ‘vaccine bubble’ type D zone in bid to boost business

At least 16 eateries have introduced ‘type D’ arrangements for vaccinated customers, allowing them to seat up to eight people per table with dine-in service until 2am, an increase from just three such ... ( read original story ...)

Posted on 21/06/2021

Chinese tech IPOs in US rebound after two-month lull

Chinese technology companies are flocking to New York for initial public offerings once again, reviving a record-setting flow that had slowed after a streak of weak openings amid shaky markets. Cargo ... ( read original story ...)

Posted on 21/06/2021

Hong Kong journalist says newsroom raid ‘sent shudders through the industry’

Five hundred police officers raided the Apple Daily newsroom in Hong Kong last week to arrest executives and top editors and seize journalistic materials under the city's national security law. The ... ( read original story ...)

Posted on 21/06/2021

Hong Kong pro-democracy newspaper runs into financial trouble after editors arrested in crackdown

Hong Kong’s pro-democracy Apple Daily newspaper is running low on funds and can only continue operating as normal for a few more weeks, after authorities used a sweeping national security law to ... ( read original story ...)

Posted on 20/06/2021

HK’s role as financial hub gets stronger, seeks more mainland connectivity: Lam

Chief Executive Carrie Lam on Sunday brushed off foreign criticism and smearing of the city's financial industry, saying its role as a global financial hub has only become stronger. Lam's comments ... ( read original story ...)

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