Hong Kong's government announced the end of a 2-year-old ban on non-residents flying into the city as its outbreak fades. Streets in Shanghai were largely empty despite an easing of restrictions that ... ( read original story ...)
Hong Kong stocks open with small gains
Hong Kong stocks started Tuesday with small gains after suffering another hefty drop in the previous session, although traders remain on edge over ... ( read original story ...)
China lockdown angst rips through markets as stocks and yuan plunge
Fears about the economic toll of China’s strict Covid-zero policy intensified, as news that lockdowns were spreading to Beijing sent stocks, commodities and the yuan tumbling. ( read original story ...)
Hong Kong reports 242 new COVID-19 cases
A staff member guides citizens at a mobile nucleic acid testing site in Hong Kong, south China, April 25, 2022. On Monday, Hong Kong registered 242 new COVID-19 cases by nucleic acid tests, and 189 ... ( read original story ...)
HSBC stock is on the rise ahead of Q1 earnings despite China Covid impact
Covid curbs in China are likely to hit the bank’s sales when it reports first-quarter figures this week, but the shares seem to be gaining. ( read original story ...)
Hong Kong to start application for employment support scheme this week
The Hong Kong Special Administrative Region (HKSAR) government announced on Monday that the application for the 2022 Employment Support Scheme (ESS) will start on Friday. Law Chi-kwong, secretary for ... ( read original story ...)
Global Sourcing Platform BuyHive Eyes Strong Growth in the US and Europe
Hong Kong-based B2B tech-enabled global sourcing platform BuyHive today announced the launch of its local operations in the US and UK markets. The company said it is looking to support a rapidly ... ( read original story ...)
Journalists halt human rights awards over Hong Kong security law fears
Hong Kong’s historic Foreign Correspondents’ Club has suspended its annual Asian human rights journalism awards over fears they could break the Chinese territory’s tough security law. The decision to ... ( read original story ...)
China property firms joined central bank talks on ways to help sector, sources say
HONG KONG/BEIJING- Several Chinese property developers attended talks with China's central bank last week to discuss the sale of distressed assets and other ways to support the real estate industry ... ( read original story ...)
Didi’s Hong Kong listing hits snag as plan by China’s ride-hailing giant is on indefinite hold pending outcome of probes, sources say
Didi was notified that its relisting plan wouldn't receive a green light until it makes sufficient "rectifications" in accordance with probes conducted by regulators Without instructions from Chinese ... ( read original story ...)
Investors Fear Beijing Lockdown After Testing
Asian markets followed the US’ steep Friday sell-off lower as all markets closed down except for the Philippines, which gained +0.32%, and Australia, which was closed. ( read original story ...)
Hong Kong’s Human Rights press awards scrapped over security law fears
Foreign Correspondent’s Club’s decision sparks outrage from journalists and resignations from press freedom committee ... ( read original story ...)
Chinese regulators urge more prudent IPO pricing after market debut flops
Chinese regulators have urged underwriters to price initial public offerings more reasonably after a third of more than 100 new listings so far this year fell on their trading debut. ( read original story ...)
China c. bank discusses asset disposals by property firms, sources say
China's central bank met banks last week to discuss the disposal of non-performing assets by property developers, four sources with knowledge of the matter said, as regulators seek to shore up the ... ( read original story ...)