Hong Kong civil servants swore a new pledge of allegiance to the government Wednesday in the first ceremony overseen by the city's leader to enforce greater loyalty in the governing class after last ... ( read original story ...)
Hong Kong fourth wave: city braces for around 80 new Covid-19 cases, as domestic worker outbreak triggers call for tighter rules on boarding houses
Hong Kong is expecting around 80 new Covid 19 cases on Wednesday, according to a medical source, as health experts urge the government to tighten rules on boarding houses following an outbreak among ... ( read original story ...)
Hong Kong magistrate acquits social worker accused of obstructing police after finding officer’s testimony contradictory
A social worker accused of obstructing police who were arresting protesters during an anti-government demonstration in Hong Kong last year has been acquitted after a magistrate found the officer's ... ( read original story ...)
Asia-Pacific Stocks Higher Following Overnight Bounce on Wall Street; SMIC Shares in Hong Kong Sink
Hong Kong-listed shares of China’s largest chipmaker SMIC plunged about 7% as they resumed trading on Wednesday afternoon following an earlier halt. ( read original story ...)
Massive first day IPO gains evoke ‘bubble’ risk in Asian capital markets
Massive gains posted by companies at their trading debut in regional stock markets in Asia this year are raising the spectre of a bubble, bankers and brokers said. ( read original story ...)
How Covid Helped Gentrify One of Hong Kong’s Poorest Districts
The pandemic is transforming Hong Kong’s Sham Shui Po district — and triggering concerns about gentrification. ( read original story ...)
Hong Kong billionaire Richard Li-backed SPAC in early talks to invest in Indonesian e-commerce giant Tokopedia
The Hong Kong billionaire has teamed up with Silicon Valley’s Peter Thiel to form an acquisition vehicle that is in talks with Southeast Asian unicorns, including Indonesia’s Tokopedia. ( read original story ...)
Hong Kong fourth wave: HK$5,000 to take the Covid-19 vaccine? Lawmaker floats the idea at Legco health panel meeting
Hong Kong lawmakers have suggested providing a cash incentive of up to HK$5,000 (US$645) to encourage residents to get vaccinated against the coronavirus when the first million shots become available ... ( read original story ...)
Hong Kong braces for muted end to 2020 as COVID-19 ravages the city
Even with tightened measures to reign in the spread of Covid-19, Hong Kong gets no reprieve. The death toll is mounting as more clusters break out in different buildings, including ... ( read original story ...)
Philanthropists, champions of social responsibility lead 2020 honours list in DHL-SCMP Hong Kong Business Awards
Amid slumping corporate earnings and record unemployment in a recession, the awards’ panel of judges shifted the weight of their adjudication to emphasise corporate social responsibility, from the ... ( read original story ...)
Hong Kong Stock Market Predicted To Find Traction On Wednesday
The Hong Kong stock market has moved lower in consecutive trading days, sinking almost 300 points or 1.2 percent along the way. The ... ( read original story ...)
Secondary flotations of US-listed Chinese firms buoy 2021 outlook as Hong Kong lands second place in world IPO rankings
Hong Kong stock exchange will finish 2020 as the second-biggest IPO market globally after raising US$50 billion, KPMG says. ( read original story ...)
China Inc.’s IPO Haul From the U.S. and at Home Tops Records
China Inc raised money at home and overseas in initial public offerings like never before, buoyed by the country’s early emergence from the pandemic. ( read original story ...)
Hong Kong fourth wave: Covid-19 kills three more as domestic helper boarding house outbreak sparks fears of virus spreading across city
Fears that clusters of Covid-19 could be spreading across Hong Kong are mounting after an outbreak at a domestic helpers' boarding house, while mandatory testing was ordered at two housing blocks as ... ( read original story ...)