The world’s largest rubber glove maker said the U.S. ban on its Malaysian-made gloves will delay its share sale plan in Hong Kong by a few months. ( read original story ...)
China Duty Free Group Seeks Secondary Hong Kong Listing
China’s largest travel and duty free retail player has successfully applied to the China Securities Regulatory Commission (CSRC) to list in Hong Kong, according to the public filings. The IPO is ... ( read original story ...)
Top Stories this AM: Skepticism on Musk’s Boring vision; vaccine destroyer sentenced to 3 years; Hong Kong offers $14 million to get vaccinated
Good morning and welcome to your weekday morning roundup of the top stories you need to know. For more daily and weekly briefings, sign up for our newsletters here. Musk moles through. Some cities ... ( read original story ...)
Hong Kong Tycoons Commit Another $3.9 Million To Growing List Of Covid-19 Vaccination Incentives
Hong Kong billionaires Li Ka-shing and Henry Cheng will hand out shopping vouchers and cash grants worth a total of HK$30 million ($3.9 million) to residents to boost the city’s sluggish coronavirus ... ( read original story ...)
Hong Kong is so desperate to get people vaccinated that it’s auctioning off a Tesla, a year’s worth of stays at a 5-star hotel, and an apartment
The total value of vaccination rewards in Hong Kong exceeds $14 million. The eligibility terms differ but are exclusively available to vaccinated individuals. ( read original story ...)
Hong Kong’s financial system remains resilient: IMF
The International Monetary Fund said Hong Kong's financial system remains resilient to financial shocks despite the challenges that the city had ... ( read original story ...)
The sixth edition of StartmeupHK Festival puts sustainability and collaboration at the forefront for startups
The highly successful 2021 edition of StartmeupHK Festival, Asia's leading startup event, officially came to a close on 28 May, after a bustling week showcasing 806 speakers from around the world. ( read original story ...)
Why is a gun fired in Hong Kong every day at noon?
First things first: the Jardine's Noonday Gun gets its name from its owner, the Jardine Matheson Company, which was founded in the early 1830s. The powerful Hong Kong-based conglomerate, which has ... ( read original story ...)
IMF says Hong Kong’s financial system resilient to future shocks, cautions property valuations and deep China links as potential risks
The International Monetary Fund said Hong Kong’s financial system remains strong after a challenging two-year period that saw the city’s economy suffer its worst contraction on record. ( read original story ...)
Sens. Want Answers Over Lack Of Hong Kong Bank Sanctions
The bipartisan pair of senators behind the Hong Kong Autonomy Act of 2020 called for an immediate briefing with the Secretary of the Treasury on Tuesday, raising concerns about the department's lack ... ( read original story ...)
Hong Kong construction costs slip as Covid-19 pandemic stifles activity, putting some pressure on house prices
Hong Kong dropped from third to eighth in a global construction costs index as building activity took a knock, potentially subduing new-home prices. ( read original story ...)
How China Is Tightening Its Grip on Hong Kong’s Media Scene
Since China imposed a national security law on Hong Kong a year ago, it has snuffed out protests, arrested key democracy activists and overhauled the election system. Now its vibrant media scene is ... ( read original story ...)
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
The Hong Kong Monetary Authority wants to make sure Hong Kong is ready to issue central bank digital currencies as part of its larger FinTech 2025 strategy. ( read original story ...)
Hong Kong mulls extending top watchdog’s supervisory reach to accountants auditing private firms
The Hong Kong government has proposed expanding the mandate of the city’s top accountancy regulator by giving it oversight over audits of private companies in the city. ( read original story ...)