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Tag: business

Posted on 08/08/2020

Trump escalates anti-China campaign with Hong Kong sanctions

The Trump administration on Friday imposed sanctions on 11 Chinese and Hong Kong officials, including Hong Kong chief executive Carrie Lam, in response to China’s enactment of a draconian security law ... ( read original story ...)

Posted on 08/08/2020

Hong Kong Draws Fewer Expats as China Curbs City’s Freedoms

The city’s expatriate community is shrinking, as new restrictions by China on speech and political activities and a tumultuous year of protests have diminished the allure of living and working in the ... ( read original story ...)

Posted on 08/08/2020

U.S. Sanctions Hong Kong’s Leader Carrie Lam For ‘Policies Of Suppression’

The Department of Treasury on Friday imposed sanctions on 11 individuals including chief executive Carrie Lam for undermining Hong Kong’s autonomy and restricting freedom of expression amidst rising ... ( read original story ...)

Posted on 08/08/2020

China Ends Week Positive/Hong Kong Flat Despite Black Friday, WeChat Primer, And Week In Review

Would you believe that Mainland Chinese stocks ended the week up and Hong Kong ended the week basically flat? Friday was no bueno on Tencent’s WeChat, inexplicably drawing the ire of President Trump ... ( read original story ...)

Posted on 08/08/2020

US Slaps Sanctions On Hong Kong Leader In New Offensive On China

In the most significant US action on Hong Kong since Beijing imposed a tough security law, the Treasury Department said it was freezing US assets of Chief Executive Carrie Lam and 10 other senior ... ( read original story ...)

Posted on 08/08/2020

US to sanction Hong Kong leader Carrie Lam, others amid political upheaval

The sanctions come less than a month after President Trump signed the Hong Kong Autonomy Act to penalize authorities responsible for a broad free speech crackdown. ( read original story ...)

Posted on 08/08/2020

U.S. Sanctions Hong Kong’s Carrie Lam Over China Crackdown

The U.S. is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their role in curtailing political freedoms in the former U.K. colony, ... ( read original story ...)

Posted on 07/08/2020

Hong Kong’s rich are moving gold out of the country on fears of what China’s draconian law may do to its autonomy

Hong Kong's rich are moving gold out of the capital to ward off the impact of a Draconian law, the Financial Times reported Friday. The ... ( read original story ...)

Posted on 07/08/2020

Hong Kong Offers Universal Virus Testing, With Beijing’s Help

Initially a poster child for the battle against the coronavirus, Hong Kong has seen a third wave brought in by certain business and logistic arrivals that were exempted from the compulsory quarantine ... ( read original story ...)

Posted on 07/08/2020

Hong Kong to offer free coronavirus testing for all residents

Hong Kong will offer free voluntary coronavirus testing for residents, leader Carrie Lam said on Friday, as the global financial hub races to contain a resurgence of the virus over the past month. ( read original story ...)

Posted on 07/08/2020

Hong Kong’s MTR to delay new mall opening amid new coronavirus wave, CEO says

Lohas Mall's phase one opening in Hong Kong will be postponed to a "better time" given current movement restrictions during the pandemic, says Mass Transit Railway Corporation CEO Jacob Kam. ( read original story ...)

Posted on 07/08/2020

Hong Kong should reform tax code to spur entrepreneurship amid slumps and help city catch up with regional rivals

Hong Kong’s economy contracted for the fourth consecutive quarter in the three months ended June, forcing the local government to dig deep for ideas to stanch the slump, restore confidence and restart ... ( read original story ...)

Posted on 07/08/2020

Li Ka-shing’s Rags-To-Riches Story: How Hong Kong Billionaire Made His Fortune

Forced to find work and help his family who migrated to Hong Kong from Southern China, he labored in a plastic factory at 16 years old. It was where he would learn life lessons that would become ... ( read original story ...)

Posted on 07/08/2020

Seton Hall prof: Students in Hong Kong should consider fleeing | Opinion

They should head to a freer foreign country willing to accept political refugees. If they remain in Hong Kong or any other part of China, they will have to struggle, for many years to come. ( read original story ...)

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