69% of Hong Kong younger business owners think there will be fewer family owned businesses in future Younger businesses less prepared to manage risk in COVID-19 pandemic Startup owners expect to ... ( read original story ...)
Global banks are scrutinizing their Hong Kong clients for pro-democracy ties, sources say
Sources told Reuters the broadened scrutiny of clients also applied to Hong Kong and Chinese officials who had implemented the law in anticipation of any U.S. sanctions against them. ( read original story ...)
Steady Start Anticipated For Hong Kong Stock Market
The Hong Kong stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had gathered more than 230 ... ( read original story ...)
The Hong Kong Crackdown Is A Financial Disaster For China: Is It Time To Fire The CEO?
Xi Jinping's move against Hong Kong is a financial disaster for China. Once the magic of Hong Kong's status as global financial center — which was built up over two centuries – is gone, it will never ... ( read original story ...)
Hong Kong national security laws shouldn’t harm banks’ operations, regulator says
Hong Kong's capital markets regulator sought on Sunday to reassure global banks in the city that China's new national security laws for the financial hub would not harm their operations. ( read original story ...)
HK business magnate says national security law offers new beginning to Hong Kong
-- Allan Zeman, a Hong Kong-based entrepreneurial icon, says "No" to the question: "Is this the end of Hong Kong?" -- "In order to solve the problem that was happening in Hong Kong, we needed a ... ( read original story ...)
The Latest: Hong Kong tightens anti-coronavirus measures
HONG KONG — Hong Kong is tightening anti-coronavirus measures ... The Chinese capital has gone 13 days without a domestically transmitted case, although business at many restaurants and shops remains ... ( read original story ...)
National security law won’t affect normal operation of Hong Kong’s financial markets: official
Aerial photo taken on July 16, 2020 shows south China's Hong Kong. (Xinhua/Lui Siu Wai) Financial Secretary Paul Chan said security and order are crucial to the sustainable development of HKSAR as a ... ( read original story ...)
Coronavirus: Hong Kong start-up joins government’s mass community testing efforts to contain third wave
Prenetics, which has signed a contract with the government to test around 200,000 restaurant staff over the next few weeks, is also ramping up testing capacity. ( read original story ...)
What Mumbai needs to do to replace Hong Kong as Asia’s main financial hub
Hong Kong’s relationship with the world has been completely altered by China after it imposed a new national security law on June 30, undermining Asia’s top financial center. In the fast-moving world ... ( read original story ...)
Hong Kong third wave: infection of three health workers at Tuen Mun Eye Centre sparks Covid-19 cluster fears as city marks grim milestone
could start taking in those less serious cases within one to two weeks at the earliest. 122 days of Sars vs Covid-19 – which is worse for Hong Kong’s markets? Meanwhile, starting from July 25, ... ( read original story ...)
Some VPN firms shut down Hong Kong servers over security law concerns
A handful of virtual private network (VPN) providers have shut down their servers in Hong Kong, citing concerns over the national security law. ( read original story ...)
Autonomous Trucking Startup Plus.ai Reportedly Seeking $60M
Plus.ai, an autonomous trucking startup based in the U.S. and China, is in talks to raise $60 million, the Information reported. Hong Kong-based investment and securities firm Guotai Junan ... ( read original story ...)
Hong Kong’s Main Airline Expects $1.3 Billion Loss
Like the rest of the industry, Cathay Pacific Airways has been plunged into crisis by the coronavirus pandemic, which has grounded demand for travel and prompted official restrictions. ( read original story ...)