The Hong Kong stock market has climbed higher in four straight sessions, surging more than 1,400 points or 5 percent along the way. ( read original story ...)
Asia Set for Muted Start; U.S. Stocks Rebound: Markets Wrap
Asian stocks looked set for a muted start Wednesday after their U.S. peers rebounded from Friday’s selloff as traders parsed the latest earnings reports. The dollar retreated. ( read original story ...)
Rising joblessness calls for a revival of the Hong Kong spirit
To ride out the continued challenges, the city needs entrepreneurship, creative thinking and government support that provide short-term solutions and a forward-looking strategy to address the ... ( read original story ...)
Financial Regulation, Chinese Style (And Where Is Jack Ma?)
China doesn’t fool around when it comes to financial regulation. On January 5, a Chinese court sentenced a senior finance industry executive to death. He was guilty – in the words of the court –of ... ( read original story ...)
Hedge fund Elliott pulls out of Hong Kong
US hedge fund Elliott Management is closing its Hong Kong office, becoming one of the first large financial institutions to shutter operations in the territory since it entered a period of civil ... ( read original story ...)
Battered by the coronavirus pandemic, Hong Kong’s MTR Corporation warns of losses of HK$4.8 billion in 2020
The losses marked the first time the company has found itself in the red in the two decades since it was publicly listed. ( read original story ...)
Hong Kong train operator MTR warns of first annual loss
Hong Kong's public transportation operator MTR said Tuesday it expects to report a net loss of around 4.8 billion Hong Kong dollars ($619 million) for 2020, which would mark the company's first year ... ( read original story ...)
Hong Kong clinic launches city’s first domestic medical tourism package
Inbound international medical tourism to Hong Kong is on hold, with three-week quarantines, political uncertainty and no solution from talks with other countries. One local clinic is taking a ... ( read original story ...)
It took the coronavirus pandemic to get Hong Kong to embrace e-commerce, but it looks like it’s here to stay, industry leaders say
Those in the e-commerce sector say disruptions to bricks-and-mortar businesses have been a boon for online platforms. ( read original story ...)
IPification Selected Among Top 10 Global Startups at JUMPSTARTER 2021
Benefit Vantage Limited - IPification, one-click mobile authentication solution selected among the Top 10 global startups at JUMPSTARTER 2021. ( read original story ...)
Hong Kong to extend social distancing measures as Covid cases rise, leader Carrie Lam says
Hong Kong remains on heightened alert after the number of Covid-19 infections climbed back into triple digits. ( read original story ...)
Finance chief hopeful of Hong Kong’s economic recovery in second half of 2021
Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said Tuesday that he is hopeful that Hong Kong's economic recovery will find root in the second half ... ( read original story ...)
Coronavirus: with higher unemployment figures on the horizon, Hong Kong businesses are bracing for a gloomy start to 2021
Industry leaders are predicting almost across the board that unemployment in their sectors will get worse before it gets better. ( read original story ...)
Hong Kong has no alternative to ‘laam chau’ and Beijing’s intervention
Legal scholars Chen Duanhong and Benny Tai Yiu-ting may be exact opposites, but both recognise that the city’s social and political crises run so deep that they cannot be resolved by normal legal or c ... ( read original story ...)