China announced at its biggest political meeting that it will overhaul Hong Kong's electoral system to ensure "patriots" are in charge, a sign that the government will no longer tolerate dissent in ... ( read original story ...)
Cheerwin prices $395m Hong Kong IPO at top end
Cheerwin Group has pocketed HK$3.07bn ($395.3m) after pricing its IPO at the top of the marketed range, according to a source close to the deal. ( read original story ...)
{Block Trade}BOC HONG KONG: 1.24m shares, or HK$33.32m
Block Trade}BOC HONG KONG: 1.24m shares, or HK$33.32m [ET Net News Agency, 5 March 2021] A direct manual trade of 1.24 million shares of BOC HONG KONG (02388) was registered at 10:36a.m. The deal ... ( read original story ...)
Hong Kong Monetary Authority orders banks to extend repayment holiday for small firms until October
The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has instructed all banks to extend a loan repayment holiday for small businesses by another six months. The banks must allow ... ( read original story ...)
China unveils Hong Kong electoral reform as Beijing tightens grip
China’s top lawmaking body has unveiled plans to ensure only “patriots” can govern Hong Kong as Beijing tightens its grip on the city with electoral reforms including a vetting process for all ... ( read original story ...)
China’s parliament to delay Hong Kong legislative vote, overhaul electoral system
Elections for Hong Kong's legislature will likely be deferred for a second year to September 2022 as Beijing plans a major overhaul of the city's electoral system, a severe blow to remaining ... ( read original story ...)
For 25 years, Hong Kong topped an economic freedom index. This year, it fell off completely
On Thursday, the Heritage Foundation dropped Hong Kong from its annual “economic freedom” index—a list the Asian financial hub topped for 25 years—claiming the special administrative region has become ... ( read original story ...)
Asia-focused SPAC Model Performance Acquisition files for a $50 million IPO
Model Performance Acquisition, a blank check company targeting businesses in Asia, filed on Thursday with the SEC to raise up to $50 million in an initial public offering. The Hong Kong-based company ... ( read original story ...)
Hong Kong Democracy Activists’ Bail Hearing Adjourned for Third Day
Bail proceedings for 47 Hong Kong democracy activists charged with conspiracy to commit subversion enter the third day on Wednesday, following marathon hearings that have gone on late into the night ... ( read original story ...)
China’s Crackdown on Hong Kong Tested in Trial of Pro-Democracy Politicians
The case is seen as a barometer of how officials will use the city’s national-security law against political opponents. ( read original story ...)
Hong Kong Court Orders 47 Pro-Democracy Activists Held
After a four-day hearing, a Hong Kong court ruled Thursday that 47 pro-democracy advocates accused of subversion under a national security law must remain in custody. The West Kowloon Magistrates ... ( read original story ...)
Hong Kong Turns Empty Hotels Into Apartments as Tourists Vanish
Hotels in Hong Kong are being transformed into residential developments to satisfy housing demand as the pandemic-hit tourism industry shows no signs of recovery. ( read original story ...)
Hong Kong Still a Great Place For Business But Rule of Law at Risk, Says New Bar Association Chair
Despite personal attacks directed at him from China, Paul Harris says he wants to have more of a dialogue with Beijing and work to amend the national security law. ( read original story ...)
After marathon bail hearings, Hong Kong pro-democracy activists find themselves back in detention
A judge granted bail to 15 of the 47 opposition leaders arrested under the national security law, but an immediate appeal sent the whole group back to detention. ( read original story ...)