Hong Kong police arrested 12 people for running alleged “ramp and dump” stock scams and over money laundering after raids on luxury homes and brokerages across the city. ( read original story ...)
China unveils Hong Kong electoral changes as Beijing tightens grip
Only ‘patriots’ will be allowed to stand for election and democratic representation will be reduced under plans laid out in Beijing ... ( read original story ...)
China’s plans to ‘improve’ democracy in Hong Kong could spell the end of the city’s opposition
As members of China's political elite prepared for an annual summit in Beijing this week, state-run news agency Xinhua noted "there is no perfect democracy, only democracy that fits best." ... ( read original story ...)
Pro-Beijing committee to elect some Hong Kong legislators
A senior Chinese official says the largely pro-Beijing committee that currently elects the Hong Kong’s leader will also elect some members of the city’s legislature, as part of Beijing’s planned revam ... ( read original story ...)
China Tightens Hong Kong Grip, Sets Modest GDP Target as Parliament Begins
China moved to overhaul Hong Kong's electoral system on Friday in a further blow to democracy in the city and unexpectedly set an economic growth target for this year, albeit a modest one, as it ... ( read original story ...)
China Moves To Eliminate Hong Kong Opposition
China moved Friday to grant itself veto powers over selecting Hong Kong's lawmakers, part of a campaign to eliminate dissent and ensure a "patriotic" government in the city following huge democracy ... ( read original story ...)
China NPC: Beijing set to overhaul Hong Kong electoral system
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 ...)