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Posted on 18/10/2020

How insuring the poor in Hong Kong and elsewhere is becoming big business

Hong Kong's microinsurance market, in comparison, is nascent but no less ambitious. YAS Digital has created an app store as a marketplace for business-to-business and business-to-consumer insurers. ( read original story ...)

Posted on 18/10/2020

Coronavirus: Hong Kong wraps preparatory work on ‘health code’ necessary for cross-border travel, as city records four cases on Sunday

Hong Kong has completed preparatory work on a "health code" necessary for cross-border travel with the mainland and Macau, the health minister revealed on Sunday, as the city recorded four new ... ( read original story ...)

Posted on 18/10/2020

The HSBC share price: why I think the stock could be worth buying

The bank risks getting caught between these two superpowers as it relies on its Hong Kong business for the majority of underlying profit. Moreover, without a US presence, HSBC could lose the ... ( read original story ...)

Posted on 18/10/2020

Hong Kong cannot afford to say ‘I don’t mind’ to being overtaken by Shenzhen, President Xi’s ‘miracle’ city

"We should build several Hong Kongs on the mainland," the late Deng Xiaoping once said. That was when China's paramount leader and architect of the country's opening up visited Shenzhen, then a ... ( read original story ...)

Posted on 18/10/2020

Coronavirus: Hong Kong health minister cautions over coming fourth wave, as city records four new cases

Hong Kong's health minister on Sunday renewed her warning that a fourth wave of coronavirus infections could hit earlier than expected, as the city recorded four new cases, two of which were locally ... ( read original story ...)

Posted on 18/10/2020

Hong Kong protester ‘Grandma Wong’: I was held in mainland China for 14 months

Sixty-four-year-old vows never to give up fighting, even as she describes forced confessions and detention without trial ... ( read original story ...)

Posted on 18/10/2020

Hong Kong customs arrests 22, seizes HK$20 million in high-end fruit, frozen meat during raid on barge used as ‘mobile warehouse’

An illegal shipment of high-end fruit and frozen meat worth about HK$20 million (US$2.6 million) bound for mainland China has been seized by Hong Kong's customs authorities in a case marking the first ... ( read original story ...)

Posted on 18/10/2020

Salaries of Hong Kong foreign domestic workers top HK$5,000 for first time, but Covid-19 piles on pressure from families back home

The average salary for foreign domestic workers in Hong Kong has exceeded HK$5,000 (US$645) per month for the first time ever, but many are facing financial pressures in the midst of the Covid-19 ... ( read original story ...)

Posted on 18/10/2020

Pandemic, politics lead to closure of storied Hong Kong bar

Nearly 15 years ago, Grace Ma decided to name her bar Club 71, in commemoration of a July 1, 2003 rally where hundreds of thousands of Hong Kongers protested a proposed ... ( read original story ...)

Posted on 18/10/2020

Hong Kong’s slow reform of interest rate benchmarks has put US$2.2 trillion worth of hedging contracts at risk, say market observers

Companies that have currency swaps with banks face a tough call on which interest rate benchmark to use as Libor is phased out by end-2021. ( read original story ...)

Posted on 18/10/2020

Patient’s death referred to Hong Kong coroner, botched eye procedures under investigation

The death of a hospital patient with abnormally high potassium levels has been referred to the coroner after the care he received was found to be inadequate, as two more medical blunders involving eye ... ( read original story ...)

Posted on 18/10/2020

Brokers Offer 20 Times Leverage for ‘Deal of Decade’ Ant IPO

Hong Kong stockbrokers are so confident Ant Group’s blockbuster IPO will go smoothly that they’re offering to let mom-and-pop investors buy the stock with as much as 20 times leverage. ( read original story ...)

Posted on 18/10/2020

Missing Hong Kong protester Alexandra Wong ‘was held in mainland China’

A prominent Hong Kong protester has made her first public appearance in 14 months, telling the media she had been held in mainland China. Alexandra Wong, 64, was nicknamed "Grandma Wong" and was often ... ( read original story ...)

Posted on 18/10/2020

Hong Kong protester ‘Grandmother Wong’ accuses mainland Chinese authorities of keeping her under house arrest for more than a year

A Hong Kong protester known as "Grandmother Wong" has accused mainland Chinese authorities of keeping her under house arrest for more than a year, and forcing her to stand in front of a five-starred ... ( read original story ...)

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