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Posted on 08/07/2020

China Demands Total Obedience From Hong Kong—and Everyone Else | Opinion

The detention of the outspoken academic came soon after Beijing's June 30 imposition of the draconian National Security Law, applicable to Hong Kong. Xi, of course, demands complete obedience from ... ( read original story ...)

Posted on 08/07/2020

Foreign Firms Surrendering More Hong Kong Office Space

Multinational companies surrendered more office space in Hong Kong last quarter as the economy deteriorated amid the pandemic, pushing the city’s vacancy rate to the highest in 15 years, according to ... ( read original story ...)

Posted on 08/07/2020

Merkel is under pressure to cut Germany’s ties with China as the Hong Kong crisis triggers a European backlash against Beijing

Amid international outrage against China's crackdown in Hong Kong, German Chancellor Angela Merkel insisted on the need for 'dialogue' with Beijing. ( read original story ...)

Posted on 08/07/2020

Special Report: Hong Kong’s Top Cop Overshadows Embattled Leader Lam as China Cracks Down

Just an hour before the 23rd anniversary of Hong Kong's handover to China on July 1, the ruling Communist Party imposed the law, in the process arming Tang with a range of powerful tools to quell ... ( read original story ...)

Posted on 08/07/2020

Hong Kong security law: Beijing security office opens in Hong Kong

The office is one element of a sweeping new law which outlaws criticism of China's government. Hong Kong was, until the law was passed, the only part of China not subject to such policies. The law has ... ( read original story ...)

Posted on 08/07/2020

U.S. tech giants face hard choices under Hong Kong’s new security law

U.S. tech giants face a reckoning over how Hong Kong's security law will reshape their businesses, with their suspension of processing government requests for user data a stop-gap measure as they ... ( read original story ...)

Posted on 08/07/2020

The tech industry comes to grips with Hong Kong’s national security law

Defour used to make frequent stops at a battery manufacturer in southern China for his energy startup based in Hong Kong. The appeal of Hong Kong, he said, is its adjacency to the plentiful ... ( read original story ...)

Posted on 08/07/2020

Hong Kong Reports 19 Local Virus Cases as Resurgence Fears Grow

Hong Kong reported a second day of rising local infections, disrupting a long virus-free stretch that had allowed life in the Asian financial hub to largely return to normal. ( read original story ...)

Posted on 08/07/2020

China’s grip on Hong Kong eroding its status as financial hub, investors believe

Money has already started leaving Hong Kong, with US$5bn quitting the territory last year, according to Bank of England figures Riot police after the passing of the national security law in Hong Kong. ( read original story ...)

Posted on 08/07/2020

Alibaba’s Ant plans Hong Kong IPO, targets valuation over $200 billion, sources say

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than $200 billion, said two sources with knowledge of the ... ( read original story ...)

Posted on 08/07/2020

U.K. Jobs Plan, Hong Kong Peg, Supply Chain Managers: Eco Day

Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day: ... ( read original story ...)

Posted on 08/07/2020

China Opens New National Security Agency Headquarters in Hong Kong

The inauguration came as Hong Kong’s education bureau announced Wednesday that schools must not allow students to play, sing or broadcast the protest anthem “Glory to Hong Kong” because it contains ... ( read original story ...)

Posted on 08/07/2020

Hong Kong stocks mixed as market bulls weigh IPO outlook, fallout from new Covid-19 infections and security law

Chinese pharmaceutical company Shenzhen Hepalink Pharmaceutical Group slipped 4.2 per cent to HK$17.62 on its listing debut in Hong Kong. Three other IPOs – Qingdao Kutesmart Company, Nanjing Develop ... ( read original story ...)

Posted on 08/07/2020

HSBC Slumps as U.S. Weighs Moves to Punish Hong Kong Banks

(Bloomberg) -- HSBC Holdings Plc, which draws more than two-thirds of its pretax income from Hong Kong, slumped in early trading after a report that the U.S. is mulling a move to punish banks in the ... ( read original story ...)

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