Hong Kong stocks fell more than 2% on Monday on worries over Sino-U.S. tensions, although hopes for a vaccine-led global economic recovery next year, and strong China data helped the market post its ... ( read original story ...)
Dance hall outbreak takes Hong Kong’s virus fight two steps back
A growing cluster of infections linked to dance halls frequented by middle-aged women and their young dance instructors has prompted tight restrictions in the city. ( read original story ...)
Coronavirus live news: Hong Kong limits gatherings to two people; Fauci warns of ‘surge upon surge’ of US cases
Hong Kong move comes after schools closed for in-person learning for rest of year; US reports more than 143,000 new cases; 1,200 deaths ... ( read original story ...)
Agnes Chow, revered in Japan as the ‘goddess of democracy,’ faces prison in Hong Kong
The activist’s plight has helped draw attention to Hong Kong’s struggle, but there’s little sign of a firmer approach from Tokyo. ( read original story ...)
Hong Kong leader Carrie Lam is having to hoard cash because banks won’t deal with her
US sanctions have cut off Hong Kong Chief Executive Carrie Lam from the global banking system, the controversial political leader says, forcing her to stockpile cash. ( read original story ...)
Hong Kong Curbs Karaoke, Closes Games Centres After Reporting 76 New COVID Cases
Games centres, karaoke lounges and swimming pools will close from Wednesday and civil servants, excluding those that provide emergency services, will stay at home, Hong Kong leader Carrie Lam told ... ( read original story ...)
Hong Kong’s Courts Are Still Independent. Some Want to Rein Them In.
The judiciary is crucial to the city’s status as a global hub for trade and finance. But the Chinese Communist Party has been gaining more authority over it. ( read original story ...)
China to Impose Sanctions on Four Over Egregious Behaviour on Hong Kong
China will impose sanctions on four people over their egregious behaviour regarding the Asian financial hub of Hong Kong, it said on Monday. They will be banned from entering China, foreign ministry ... ( read original story ...)
China’s IPO Problem: Why Can’t Shanghai Run A Public Offering?
PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. ( read original story ...)
Left bankless due to sanctions, Hong Kong’s Carrie Lam says she uses ‘piles of cash’
The chief executive has described being subject to U.S. sanctions over undermining Hong Kong's autonomy as "very honorable" and "an honor." ... ( read original story ...)
Vaccines Awaited; Hong Kong Suspends Classes: Virus Update
Vaccines are likely to begin rolling out in the U.S. before the end of December, according to Surgeon General Jerome Adams and Anthony Fauci, the nation’s top infectious disease specialist. The U.K. ( read original story ...)
Looking east: Asia holds promise for wealth managers
While one tier down in wealth terms, Asia’s affluent classes are also multiplying, as economic development spreads far and wide. While the Covid-19 pandemic has clouded economic predictions, ... ( read original story ...)
Ant Is Said to Face Slim Chance of Getting IPO Done in 2021
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Hang Seng Index hits nine-month high as Chinese industrial profit report reassures investors mainland recovery is under way
Hong Kong and mainland China stocks both gained, with the city's benchmark closing at a nine-month high, as an acceleration in profit growth for industrial companies added to evidence that a recovery ... ( read original story ...)