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Posted on 24/10/2020

Coronavirus: bleak business outlook even as Hong Kong resumes local tours with groups of up to 30 people

More than 100 itineraries from 58 tour agents were approved as of Saturday, with groups of up to 30 people, raised from four. ( read original story ...)

Posted on 24/10/2020

Lack of jobs in Hong Kong, more than national security law, main reason for sharp fall in expats arriving, observers say

A sharp drop in the number of foreigners cleared to work in Hong Kong this year appears to reflect the scarcity of jobs in a stricken economy rather than moves by countries such as the United States ... ( read original story ...)

Posted on 24/10/2020

China’s ambition to involve Hong Kong in economic zone creates ripple

Victor Teo, a research fellow at the University of Cambridge and the Singapore-based ISEAS-Yusof Ishak Institute, cast doubt on such views, saying, “I do not think Xi has disregarded Hong Kong as a ... ( read original story ...)

Posted on 24/10/2020

HKMA sells HK$2.26 bln in NY hours, currency hits strong end of band

The Hong Kong Monetary Authority sold HK$2.263 billion ($292 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data ... ( read original story ...)

Posted on 24/10/2020

Art Basel Hong Kong Spotlight: ‘Hold on to the ship while the waters are choppy’

Covid-19 has put paid to this year’s art fairs, leaving the 2020 art calendar in disarray. Art Basel has especially felt the brunt, cancelling its three editions in Hong Kong, Basel and Miami Beach. ( read original story ...)

Posted on 24/10/2020

Top Meteorologist ‘Ashamed’ of Hong Kong Climate Policy

Lam Chiu-ying spent half his life working for the Hong Kong government. Late last month, the 71-year-old meteorologist quit his job as the head of an expert group advising policy makers on combating ... ( read original story ...)

Posted on 24/10/2020

Hong Kong’s inflation-indexed bonds off to a roaring start, as residents seek refuge in government-guaranteed investments

The first sale in four years of Hong Kong’s inflation-linked bonds got off to an encouraging start on Friday, as investors sought refuge in government-guaranteed returns in an environment of declining ... ( read original story ...)

Posted on 24/10/2020

Hong Kong national security law: man who challenged detention will have to foot government’s bill for adopting wrong legal procedure

The first man to challenge his detention on charges under Hong Kong's new national security law will have to foot the government's bill despite having raised important public issues because he had ... ( read original story ...)

Posted on 24/10/2020

China Market Update: Markets Remain Rangebound, Ant Group IPO Listing Date Looms, Week In Review

Asian equities posted modest gains today and for the week while Mainland China underperformed. The Hang Seng Index overcame morning losses to gain +0.54% as it climbs toward the 25k level though the ... ( read original story ...)

Posted on 24/10/2020

Hong Kong rejects Taiwan’s proposal for official meeting to hand over evidence, sort out travel for murder suspect

The Hong Kong government on Friday rejected a proposal to meet Taiwanese authorities to exchange evidence and sort out travel details for the wanted murder suspect Chan Tong-kai after the self-ruled ... ( read original story ...)

Posted on 23/10/2020

Latest round of Hong Kong iBonds off to an ‘encouraging’ start, BOCHK reports 65 per cent jump in first-day sales

The sales of the latest round of Hong Kong’s inflation-linked government bonds got off to an ‘encouraging’ start on Friday, as investors sought refuge in government-guaranteed returns in an ... ( read original story ...)

Posted on 23/10/2020

Hong Kong stocks gain for the fourth straight week as oil giants PetroChina, Sinopec surge

Hong Kong stocks rallied for a fourth straight week as the final presidential debate wrapped up in the US and ahead of a major political event in China where policymakers will decide the country's ... ( read original story ...)

Posted on 23/10/2020

Ant’s Record Strategic Allocation in Shanghai IPO Fuels Small Investor Scramble

Chinese fintech giant Ant Group's move to earmark a record 80% of the Shanghai leg of its $35 billion dual-listing for strategic investors has led to a scramble among smaller investors for what some ... ( read original story ...)

Posted on 23/10/2020

Hong Kong stocks post fourth week of gains as financials strengthen

Hong Kong stocks closed higher on Friday to post their fourth consecutive weekly advance, underpinned by heavyweight financial firms, though gains were checked by uncertainties including the U.S. ( read original story ...)

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