Hong Kong will face a record budget deficit next year and the financial secretary has called for prudent spending, given the ongoing economic and pandemic uncertainties. Top of the list should be ... ( read original story ...)
Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation
Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new ... ( read original story ...)
US Sanctions 4 Chinese Officials Over Hong Kong Crackdown
The U.S. State Department has announced sanctions against an additional four Chinese officials over the crackdown on political rights in Hong Kong. ( read original story ...)
Swire’s dilemma over Cathay as China tightens grip on Hong Kong
For many people in Hong Kong, it is hard to imagine the city with its home airline controlled by any group other than Swire Pacific. Alongside Jardine Matheson, Swire is one of two British colonial ... ( read original story ...)
Higher Anticipated For Hong Kong Stock Market
The Hong Kong stock market has climbed higher in three straight sessions, accelerating almost 1,130 points or 4.5 percent along the way. The Hang Seng Index now rests just above the 26,000-point ... ( read original story ...)
HSBC: Update To 2020 Third Quarter
Profit last quarter came in at $1.36 billion. Net interest rate margin is still under pressure, forcing the bank to look at new revenue models. ( read original story ...)
US Sanctions Four Chinese Officials for Hong Kong Clampdown
The United States has levied sanctions against four Chinese officials in Hong Kong’s security establishment for what it says is their role in cracking down on dissent. In a statement attributed to ... ( read original story ...)
US hits four more officials over Hong Kong freedoms
The United States on Monday imposed sanctions on four more officials accused of curbing freedoms in Hong Kong, vowing accountability over China's clampdown in the city. ( read original story ...)
Biden victory rally soothes market pain as Hong Kong investors look beyond Ant Group IPO stumble
Ant Group’s US$167.7 billion IPO refund comes at an opportune time for retail investors in Hong Kong to ride the Biden-powered stock rally. ( read original story ...)
U.S. Readies More Sanctions Over China’s Hong Kong Crackdown
The Trump administration is poised to impose economic sanctions on four more people in its continuing response to China’s crackdown on dissent in Hong Kong, according to people familiar with the ... ( read original story ...)
Why International Sanctions on Hong Kong May Not Work as Expected
After the passage of the National Security Law (NSL) in Hong Kong, there were diverse reactions from the international community. Probably for both ideological and geopolitical reasons, the United ... ( read original story ...)
Hong Kong opposition lawmakers threaten to quit en masse if Beijing disqualifies four for filibustering
Hong Kong opposition lawmakers dropped a political bombshell on Monday by saying they would resign en masse if Beijing decided to unseat four of them over filibustering. The four lawmakers could face ... ( read original story ...)
Hong Kong university professor admits killing wife but denies murdering her
Police found body of Chan Wai-man in Cheung Kie-chung’s office, with electrical wire tied in a knot around her neck. ( read original story ...)
China’s Crackdown on Hong Kong: Good for Business?
What’s the price of business stability in Hong Kong? Does it include the suppression of human rights? Only a year ago, Hong Kong was in a state of near-chaos. Hundreds of thousands of Hong Kong ... ( read original story ...)