Hong Kong stocks opened sharply higher Monday morning as investors resumed last week’s buying spree after China’s pledge to support beaten-down markets. The Hang Seng Index jumped 1.92 percent, or 410 ... ( read original story ...)
Hong Kong to lift flight bans, cut Covid quarantine after 5th wave peaks
EPA-EFE/Vincent Yu / POOL Hong Kong will start to ease its anti-Covid restrictions next month, its chief executive announced Monday, as its fifth wave of Covid infections showed signs of abating. From ... ( read original story ...)
Hong Kong to Lift Flight Bans and Shorten Quarantine From April 1
The city’s top official announces inbound quarantine for vaccinated residents to be shortened to seven days. ( read original story ...)
Hong Kong to ease strict COVID measures from April, lifts flight ban
Hong Kong plans to relax some anti-COVID-19 measures next month, lifting a ban on flights from nine countries, reducing quarantine time for arrivals from abroad and reopening schools. ( read original story ...)
Hong Kong SPACs are backed by star promoters that include an Olympian, former central banker
Promoters of SPACs play a key role in their success because these blank-cheque companies do not have any business operations or assets, says a banker Former HKMA boss Norman Chan and Olympic gold ... ( read original story ...)
Ferretti launches Hong Kong IPO to raise up to $301 million
Italian luxury yacht maker Ferretti S.p.A launched a Hong Kong initial public offering (IPO) on Monday to raise up to $301 million, showed a term sheet seen by Reuters. ( read original story ...)
Renewed Support Anticipated For Hong Kong Stock Market
The Hong Kong stock market on Friday snapped the two-day winning streak in which it had skyrocketed almost 3,100 points or 16 ... ( read original story ...)
Coronavirus: Hong Kong’s finance chief warns economy will contract in first quarter amid fifth wave of infections
Paul Chan says economic growth depends on effectiveness of anti-epidemic efforts, and measures will soon be rolled out to help businesses. ( read original story ...)
Hong Kong leader says plans to review COVID restrictions on Monday
Hong Kong leader Carrie Lam said on Sunday she expects to announce a review of COVID-19 restrictions on Monday, just days after she acknowledged that many financial institutions were "losing patience" ... ( read original story ...)
Hong Kong at the tipping point: ‘frank words’, dire warnings prompted city leader’s rethink of tough anti-Covid measures
The harsh numbers revealing people were leaving town in droves, particularly expatriates from the financial sector, finally convinced Hong Kong leader Carrie Lam Cheng Yuet-ngor to rethink the city’s ... ( read original story ...)
Climate Change: Hong Kong property firms are assessing risks and improving resilience, as extreme floods and storms loom on horizon
About a third of properties used as collateral for loans worth US$370 billion were located in areas vulnerable to flooding and rising sea levels, a stress test found last year It's literally 'adapt or ... ( read original story ...)
Overwhelmed by Omicron, Hong Kong runs out of space for its dead
Crematoria work around the clock and coffins run short as death toll soars, driven by large numbers of unvaccinated elderly people ... ( read original story ...)
‘Dead bodies will pile up’: Hong Kong funeral industry warns of coffin shortage despite increase in supply following easing of lockdown restrictions in Shenzhen
'We need 300 coffins every day to cope with the daily fatalities,' says Hong Kong Funeral Business Association chairman Ng Yiu-tong 'Coffins are as essential as rice to people ... The government needs ... ( read original story ...)
Coronavirus: Hong Kong could ease flight bans and class suspensions next week, city leader says
Hong Kong could be easing up on flight bans ... and resuming more international flights to allow vaccinated business travellers and Hongkongers to come to the city. He also suggested that the ... ( read original story ...)