The activist’s plight has helped draw attention to Hong Kong’s struggle, but there’s little sign of a firmer approach from Tokyo. ( read original story ...)
Hong Kong Curbs Karaoke, Closes Games Centres After Reporting 76 New COVID Cases
Games centres, karaoke lounges and swimming pools will close from Wednesday and civil servants, excluding those that provide emergency services, will stay at home, Hong Kong leader Carrie Lam told ... ( read original story ...)
Hong Kong’s Courts Are Still Independent. Some Want to Rein Them In.
The judiciary is crucial to the city’s status as a global hub for trade and finance. But the Chinese Communist Party has been gaining more authority over it. ( read original story ...)
China to Impose Sanctions on Four Over Egregious Behaviour on Hong Kong
China will impose sanctions on four people over their egregious behaviour regarding the Asian financial hub of Hong Kong, it said on Monday. They will be banned from entering China, foreign ministry ... ( read original story ...)
China’s IPO Problem: Why Can’t Shanghai Run A Public Offering?
PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. ( read original story ...)
Left bankless due to sanctions, Hong Kong’s Carrie Lam says she uses ‘piles of cash’
The chief executive has described being subject to U.S. sanctions over undermining Hong Kong's autonomy as "very honorable" and "an honor." ... ( read original story ...)
Vaccines Awaited; Hong Kong Suspends Classes: Virus Update
Vaccines are likely to begin rolling out in the U.S. before the end of December, according to Surgeon General Jerome Adams and Anthony Fauci, the nation’s top infectious disease specialist. The U.K. ( read original story ...)
Looking east: Asia holds promise for wealth managers
While one tier down in wealth terms, Asia’s affluent classes are also multiplying, as economic development spreads far and wide. While the Covid-19 pandemic has clouded economic predictions, ... ( read original story ...)
Ant Is Said to Face Slim Chance of Getting IPO Done in 2021
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Hang Seng Index hits nine-month high as Chinese industrial profit report reassures investors mainland recovery is under way
Hong Kong and mainland China stocks both gained, with the city's benchmark closing at a nine-month high, as an acceleration in profit growth for industrial companies added to evidence that a recovery ... ( read original story ...)
HSBC Contemplates Complete Exit From U.S. Retail Banking
HSBC Holdings Plc is considering offloading its U.S. retail network. The bank’s management is looking at a complete withdrawal from its retail operations in the country, although a full exit from ... ( read original story ...)
HSBC shares surge by half in two months as hopes of Covid-19 vaccine rekindle investors’ appetite for old-economy stocks
Shares of HSBC Holdings have gained by almost half in the past two months as positive news about several Covid-19 vaccines has rekindled an appetite for stocks likely to pick up once the pandemic is ... ( read original story ...)
Hong Kong’s leader has ‘piles of cash’ at home after US sanctions
Hong Kong’s leader has said she is being forced to receive her salary in cash because of US sanctions, saying she has no access to banking services despite the prevalence of mainland Chinese ... ( read original story ...)
Anger Grows at Hong Kong’s Erratic Covid Rules as Cases Jump
As Hong Kong battles a new wave of coronavirus infections with yet another round of social restrictions, a sense of fatigue with the confusing and inconsistent nature of the city’s pandemic response ... ( read original story ...)