Pillar of Shame to be taken down amid China-imposed crackdown, with its Danish sculptor ‘shocked’ at plan to ‘desecrate’ memorial ... ( read original story ...)
China Chip Firm Horizon Robotics Eyes Moving U.S. IPO to Hong Kong
Chinese artificial intelligence-chip startup Horizon Robotics Inc. is considering shifting its potential U.S. initial public offering to Hong Kong in the wake of Beijing’s increasing scrutiny of ... ( read original story ...)
Bank of England warns over threat of sharp market fall amid economic jitters
The central bank cautions over a so-called correction, which is defined as a drop of at least 10% in the price of a share from its most recent peak, as optimism of a bounce back falters over inflation ... ( read original story ...)
Hong Kong: University orders Tiananmen statue’s removal
The University of Hong Kong has said a statue commemorating the Tiananmen Square massacre must be removed. The Pillar of Shame depicts dozens of torn and twisted bodies and was at the forefront of ... ( read original story ...)
American Chamber of Commerce says lobbying Hong Kong to reopen like ‘talking to wall’
U.S. businesses say lobbying Hong Kong’s government about reopening its borders with the rest of the world has been fruitless, a sign of frustration with the city’s “Covid Zero” strategy that could ... ( read original story ...)
Hong Kong university hires US law firm to seek Tiananmen statue’s removal
A Hong Kong university attempting to remove a memorial to the Tiananmen Square massacre from its campus has hired US law firm Mayer Brown. The so-called “Pillar of Shame” by Danish artist Jens ... ( read original story ...)
Digital Banking Reaches New Level of Maturity in APAC
In Asia-Pacific (APAC), the COVID-19 pandemic has brought the digital banking industry to a new level of maturity with penetration now approaching 90% across the region. This surge was largely driven ... ( read original story ...)
Use of mobile banking, digital services rose during Covid-19 pandemic, Visa survey finds
Covid-19 has accelerated the use of digital banking services in Hong Kong over the past year. A survey conducted by global payments giant Visa found that every four in 10 consumers in the city had ... ( read original story ...)
Rising inflation could trigger global sell-off that would harm UK, says Bank
Risky asset prices in several markets are at historically high levels and could be primed for sharp fall, it adds ... ( read original story ...)
1 dead, others trapped after Hong Kong scaffolding collapses
One worker died and others were trapped Friday when a major rainstorm blew traditional bamboo scaffolding off the side of a building under construction in Hong Kong, officials and reports said. ( read original story ...)
Chinese Big Tech Bounces Back From Record Lows in Hong Kong
Alibaba shares and the Hong Kong tech index are both coming off all-time lows in Hong Kong. Whether that continues has little to nothing to do with business. ( read original story ...)
Abbisko seals Hong Kong IPO at top end
Chinese biopharmaceutical firm Abbisko pocketed HK$1.75bn this week by pricing its IPO at the top of the marketed range, helped by a large group of cornerstone investors, according to a source close ... ( read original story ...)
Hong Kong prioritized opening to China over the rest of the world. Now it’s stuck in Covid limbo
Almost two years into the Covid-19 pandemic, some of the world's major business hubs -- including New York, London and Paris -- are reopening as travel restrictions relax and daily life resumes. ( read original story ...)
Hong Kong attracts Mainland companies, startup community sees a spike
Despite the social and economic challenges faced by Hong Kong over the past two years, Hong Kong remained resilient and maintained its unique advantages and attractiveness to the international and ... ( read original story ...)