Hong Kong has been proactive in building digital currency. Other Asian countries are ramping up CBDC development. Japan recently announced that it would start its general purpose CBDC proof of ... ( read original story ...)
Hong Kong halts BioNTech COVID-19 vaccines, investigates packaging
HONG KONG (Reuters) - Hong Kong authorities halted the use of a COVID-19 vaccine developed by Germany's BioNTech on Wednesday, citing defective packaging, in a move that triggered scenes of confusion ... ( read original story ...)
Hong Kong ‘Homecoming Listings’ Are All the Rage, but New York Is Still the Life of the Party
U.S.-listed Chinese companies are flocking to go public in Hong Kong, but when it comes to trading, New York remains the place to beat. ( read original story ...)
Suez Canal blockage could see goods being shipped to Hong Kong delayed by at least three weeks, industry figures warn
Goods being shipped into Hong Kong were likely to be delayed by at least three weeks and could potentially cost more as a result of the blockage at the Suez Canal, industry figures warned on Friday. ( read original story ...)
Hong Kong shares rise on tech rebound
Great Wall’s Hong Kong shares soared 10.38% and its Shanghai shares rose by the 10% daily limit. ** The sub-index of the Hang Seng tracking energy shares rose 1.9%, while the IT sector rose 2.42%. The ... ( read original story ...)
Market sell-off overdone says DBS, expects Hang Seng Index to hit record high in 12 months’ time
Hong Kong stocks are in correction mode, having fallen for five straight days . The benchmark has eased more than 10 per cent from its recent high on February 17. forecasts the Hang Seng Index could ... ( read original story ...)
Hong Kong Buyout Firm EmergeVest Plans $250 Million SPAC
Hong Kong-based private equity firm EmergeVest is planning to raise $250 million through a special purpose acquisition company in the U.S., people with knowledge of the matter said.EmergeVest is ... ( read original story ...)
Hong Kong suspends BioNTech vaccines amid packaging defects
BioNTech will conduct a probe at its production facilities, while Hong Kong will examine whether the logistics process caused the defects ... ( read original story ...)
Britain says Hong Kong ‘has no right to dictate’ passport recognition
Britain told Hong Kong on Friday that it had "no right" to order other countries not to accept a UK travel document for a popular youth working scheme after the city confirmed it had made the request ... ( read original story ...)
Tencent-Backed Linklogis Seeks $1.1 Billion in Hong Kong IPO
Chinese fintech company Linklogis Inc., backed by Tencent Holdings Ltd., is seeking to raise HK$8.3 billion ($1.07 billion) from an initial public offering in Hong Kong.The Shenzhen-based company is ... ( read original story ...)
Tencent-backed Linklogis launches HK IPO to raise $1.06 bln – term sheet
Tencent-backed Chinese fintech firm Linklogis is aiming to raise up to $1.06 billion in its Hong Kong initial public offering (IPO) launched Friday, according to a term sheet reviewed by Reuters. By ... ( read original story ...)
Dow Jones May Lead Hang Seng, ASX 200 Higher as the Fed Lifts Bank Dividend Restrictions
Wall Street stocks rebounded broadly as the Fed allowed banks, which can clear stress tests, to raise dividends after this June. The US Dollar rose on strong economic data. Asia-Pacific equities ... ( read original story ...)
Hong Kong Disneyland’s new castle is an architectural vision of diversity
The new Castle of Magical Dreams, completed in November and reopened last month after Hong Kong's Covid-19 restrictions loosened, nods to the wider variety of female characters now featured in Disney ... ( read original story ...)
INSIGHT-Canada calling? Hong Kong residents shift billions abroad after clampdown
As China imposed a sweeping national security law in Hong Kong last year after massive protests, residents of the city moved tens of billions of dollars across the globe to Canada, where thousands are ... ( read original story ...)