The coronavirus pandemic has forced Hong Kong into an even deeper recession. And it may take longer than expected to recover. ( read original story ...)
Hong Kong, China stocks climb; HSBC rallies as investors buy shares beaten to record low as bank is dragged into Huawei fight
Wuxi Biologics, a Chinese drug maker, shot up after forecasting its net profit will jump by 58 per cent in the first half of the year from the same period last year. ( read original story ...)
Hong Kong’s recession eases slightly, second-quarter GDP shrinks 0.1% quarter-on-quarter
Hong Kong's economy shrank by 9.0% in the second quarter from a year earlier, the government said on Wednesday, as the coronavirus pandemic weighed heavily on consumer spending, trade and tourism in ... ( read original story ...)
China slams EU export curbs on Hong Kong over security law
China on Wednesday slammed a decision by the European Union to limit exports of surveillance equipment to Hong Kong over concerns about a controversial new security law in the city. The law, which was ... ( read original story ...)
Coronavirus: Hong Kong on verge of ‘large-scale’ outbreak, says Carrie Lam
Hong Kong's hospital system could face "collapse" as it grapples with a sharp rise in coronavirus cases, the city's leader Carrie Lam has warned. She said the city was "on the verge of a large-scale ... ( read original story ...)
Hong Kong economy contracts 9% in latest quarter
Hong Kong’s economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the loss of U.S. trade ... ( read original story ...)
Tokyo, Sydney Aim to Lure Edgy HK Financial Firms, but Singapore a Top Draw
High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions to relocate even ... ( read original story ...)
Hong Kong ‘on brink of large-scale’ coronavirus outbreak
Hong Kong's leader Carrie Lam has warned the city is on the brink of a "large-scale" coronavirus outbreak that could overwhelm hospitals, urging people to stay indoors as much as possible as strict ... ( read original story ...)
Hong Kong is ‘on the verge’ of an outbreak that could lead to hospital system’s collapse, chief executive says
Confirmed cases in Hong Kong have soared in July, with a new daily high of 145 reported this week alone. "We are on the verge of a large-scale community outbreak, which may lead to a collapse of our ... ( read original story ...)
Hong Kong Bourse Tipped To Open Under Pressure
BOC Hong Kong dropped 0.68 percent, AIA Group climbed 0.55 percent, Hong Kong &China Gas shed 0.37 percent, CSPC Pharmaceutical lost 0.26 percent, CNOOC advanced 0.23 percent, China Life Insurance ... ( read original story ...)
Hong Kong, China stocks climb; HSBC surges as investors buy shares beaten to record low as bank is dragged into Huawei fight
Wuxi Biologics, a Chinese drug maker, shot up after forecasting its net profit will jump by 58 per cent in the first half of the year from the same period last year. ( read original story ...)
Hong Kong official warns of potential virus outbreak, urges people to stay indoors
Hong Kong leader Carrie Lam warned of the potential of a large COVID-19 outbreak in the city and encouraged residents to stay indoors as new restrictions take effect in the city."We are on the verge ... ( read original story ...)
Hong Kong University sacks veteran democracy activist
The University of Hong Kong (HKU) on Tuesday sacked veteran pro-democracy activist Benny Tai from his tenured position as an associate professor of law, a move he called "the end of academic freedom" ... ( read original story ...)
Fund Scandal Was ‘Wake-Up Call’ for Noah’s Shadow-Banking Shift
Noah Holdings Ltd. was a poster child for the dangers lurking in China’s $8 trillion shadow banking system. Now it’s at the fore of a historic shift in Chinese asset management, one that policy makers ... ( read original story ...)