Covid-19 will continue to affect economic recovery at least until autumn, but radical conflicts are not expected, fortune-tellers say. ( read original story ...)
Stocks off to slow start on final day of a tumultuous year
Stocks are off to a mixed start on Wall Street on the last day of 2020, a year that saw a breathtaking nosedive in markets in the spring as the coronavirus took hold followed ... ( read original story ...)
Hong Kong’s new online banks plan to venture into business lending
HONG KONG (Reuters) – Hong Kong’s new online-only banks plan to venture into business lending and wealth management, seeking more lucrative avenues beyond basic savings accounts and transfer services, ... ( read original story ...)
Hong Kong insurers HSBC Life, AXA, OneDegree roll out coverage for side effects of Covid-19 vaccines
French giant AXA and online insurer OneDegree both recently announced plans to offer free protection for anyone who registers with them, while HSBC Life launched a medical policy for vaccination side ... ( read original story ...)
Hong Kong, China markets set to finish 2020 with a bang as auto, liquor and tech stocks power on
Stocks in Hong Kong and China produced some early gains on final trading day of 2020 as auto, liquor and tech stocks extended their winning run. ( read original story ...)
China Blocks U.S. Government’s $332 Million Sale of Hong Kong Luxury Apartments
The U.S. government’s planned sale of an exclusive property in Hong Kong was thrown into doubt by the Chinese government, which has determined the transaction needs its consent and approval. ( read original story ...)
Ascentage Pharma Officially Included in Shenzhen-Hong Kong Stock Connect Program
The Hong Kong Stock Connect is a collaboration program between the Hong Kong, Shanghai and Shenzhen Stock Exchanges. Stock Connect allows international and China Mainland investors to trade securities ... ( read original story ...)
China sentences 10 seeking to flee Hong Kong to prison terms
A Chinese court has sentenced 10 people who sought to flee Hong Kong by speedboat earlier this year to between seven months and three years in jail ... ( read original story ...)
Maintaining Hong Kong’s 400 miles of hiking trails, one step at a time
Hong Kong's enduring image of a crowded cityscape of skyrise buildings belies the huge swathes of countryside that cover most of the territory, much of it managed as public parkland criss-crossed by ... ( read original story ...)
Hong Kong stocks head for best quarter in 11 years as tech giants extend rebound from antitrust-induced losses
Hong Kong’s benchmark stock index is poised to end the quarter with a bang as technology stocks recover further from this week’s bashing. ( read original story ...)
A Reinvented Hong Kong Is Emerging to Become A US$3 Trillion Financial Services Wealth Management Hub
A clear advantage for Hong Kong firms and professionals will be in financial services, which has been gradually developing over the past few years. ( read original story ...)
Appeals court upholds conviction of Hong Kong businessman
The conviction of a prominent Hong Kong businessman for paying bribes to the presidents of Chad and Uganda in a United Nations-linked conspiracy was upheld Tuesday by an ... ( read original story ...)
Hong Kong Covid-19 fourth wave: about 70 per cent of restaurants face closure amid tough social-distancing measures, poll reveals
Institution of Dining Art also says a similar percentage of respondents in Hong Kong are mulling laying off staff in the coming quarter. ( read original story ...)
Tencent-backed edtech startup raises $210m in series D round
HONG KONG -- Meishubao Education, a Tencent-backed Chinese online art education platform, announced last Thursday the end of a Series D round, bringing in $210 million led by U.S.-based equity company ... ( read original story ...)