Economic impacts of the pandemic, social unrest and U.S.-China tensions are putting downward pressure on prices. “It’s survival of the fittest.” ... ( read original story ...)
Hong Kong-Singapore Travel Bubble to Start on May 26
A quarantine-free air travel bubble between Hong Kong and Singapore will open on May 26, the governments said Monday, confirming a long-awaited reopening of connections between the two financial hubs. ( read original story ...)
Beijing calls Hong Kong bar association chief an ‘anti-China politician’
Beijing and Hong Kong authorities have accused the British-born head of Hong Kong’s bar association of being an “anti-China politician” after he criticised jail sentences imposed on pro-democracy ... ( read original story ...)
HSBC, Bank of China (Hong Kong) unveil plans to tap US$29 trillion of green fundraising opportunities in next decade
Hong Kong’s two biggest banks aim to tap the forecast US$29 trillion of fundraising opportunities for environmentally friendly projects in the next decade. ( read original story ...)
Unemployed Hongkongers to be offered low-interest loans of up HK$80,000 guaranteed by government for first time
The Hong Kong government is for the first time offering to guarantee low-interest personal loans for unemployed people, after the Covid-19 pandemic sent the city’s jobless rate to a 17-year high. ( read original story ...)
Partners Capital Strengthens Global Leadership Team with Appointment of Senior Executive in Asia Pacific
Partners Capital, a leading global Outsourced Investment Office, announced that Emmanuel Pitsilis has joined the firm as a Managing ... ( read original story ...)
China Mobile Hong Kong is the first to introduce 5G Network to Hong Kong International Airport
China Mobile Hong Kong (CMHK) announces the pioneering introduction of the 5G Network to Hong Kong International Airport, making it the first local operator to offer 5G service at the international ... ( read original story ...)
Asia stocks lower after Wall St record ahead of Fed meeting
Asian stock markets fell Tuesday after Wall Street rose to a new record as investors looked ahead to this week's Federal Reserve meeting for assurance U.S. interest rates will be kept ultra-low. ( read original story ...)
Hong Kong to reopen bars, nightclubs from April 29 for vaccinated customers
Hong Kong will reopen bars and nightclubs from April 29 for people who have been vaccinated and who use a government mobile phone application, the Asian financial hub's health secretary said on ... ( read original story ...)
Hong Kong leader issues warning to territory’s top legal body
Carrie Lam says gov’t could intervene in Bar Association after its chief criticised jailing of pro-democracy activists. ( read original story ...)
HSBC shares in Hong Kong up 2.7% after pre-tax profit in the first quarter beat expectations
The London-headquartered bank, which makes most of its revenue in Asia, said its reported profit before tax rose to $5.8 billion. ( read original story ...)
Hong Kong Finance Executives Defy Virus with Biggest Bonuses
Hong Kong’s finance executives got the city’s biggest bonuses in 2020, defying a pandemic that saw more than a third of respondents miss out on their incentive payments, according to a survey by KPMG. ( read original story ...)
Why Gaming Gear Company Razer Launched A $50 Million Fund For Green Startups
The fund, called Razer Green Fund, emerges a month into Razer’s 10-year plan to “preserve nature and protect the environment” through renewable energy and carbon-neutral projects. ( read original story ...)
India to Get Aid; Hong Kong Eases Nightlife Curbs: Virus Update
Countries from the U.S. to Australia pledged help for India, with many also restricting travel from the South Asian nation as it combats the world’s largest surge in Covid-19 cases. ( read original story ...)