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Posted on 04/05/2020

Nongfu Spring plans $1 bln Hong Kong IPO as city’s capital markets start to recover

Chinese bottled water manufacturer Nongfu Spring is pressing ahead with its Hong Kong initial public offering (IPO) worth up to $1 billion, as the city's capital markets show signs of reviving ... ( read original story ...)

Posted on 04/05/2020

Citi names veteran Rizvi as APAC corporate banking head: memo

Citigroup Inc has named veteran banker Kaleem Rizvi as its Asia Pacific head of the corporate banking business, according to an internal memo reviewed by Reuters on Monday. ( read original story ...)

Posted on 04/05/2020

Hong Kong falls nearly 4% as US-China tensions weigh on investor sentiment

Tensions are rising between Washington and Beijing, as U.S. President Donald Trump said Sunday that he believed that a "mistake" in China was the cause of the spreading coronavirus pandemic. ( read original story ...)

Posted on 04/05/2020

Convicted Vietnam refugee fights deportation after 30 years in Hong Kong

Three decades after he landed on Hong Kong shores as a child refugee, Vo Van Hung is fighting efforts to deport him to Vietnam now that he has finished a lengthy jail sentence -- for murder. Vu Van ... ( read original story ...)

Posted on 04/05/2020

Coronavirus: every Hong Kong resident to get a reusable mask as city turns corner in pandemic fight to start gradual easing of Covid-19 curbs

Hong Kong government plan to mask city’s 7.5 million population for free set for roll-out next week with preparations ‘at final stage’. ( read original story ...)

Posted on 04/05/2020

Hong Kong’s Exchange Fund suffers $11 billion losses in first quarter

Hong Kong's Exchange Fund suffered losses of HK$86.1 billion ($11.11 billion) in the first quarter of 2020, central bank Hong Kong Monetary Authority told local lawmakers in a regular briefing on ... ( read original story ...)

Posted on 04/05/2020

Hong Kong falls more than 3% as US-China tensions weigh on investor sentiment

Tensions are rising between Washington and Beijing, as U.S. President Donald Trump said Sunday that he believed that a "mistake" in China was the cause of the spreading coronavirus pandemic. ( read original story ...)

Posted on 04/05/2020

Hong Kong Set for Deeper Economic Slump as Companies Shed Jobs

Hong Kong is on course for a recession potentially worse than the Asian financial crisis of the 1990s, with the trade-dependent city expected to reveal Monday that the slump deepened markedly in the ... ( read original story ...)

Posted on 04/05/2020

Mainland Chinese Buyers Disappear From Hong Kong Real Estate

Mainland Chinese buyers are shying away from real estate in Hong Kong as the coronavirus pandemic clouds the economic outlook and keeps investors from traveling to the city. No commercial property ... ( read original story ...)

Posted on 04/05/2020

Clock Runs Out on Troubled Hong Kong Businesses as Court Reopens

With plenty of Hong Kong companies on their last legs, landlords, suppliers and other creditors are eager to collect on unpaid bills. For three months, there’s been no relief: the court that presides ... ( read original story ...)

Posted on 03/05/2020

In Hong Kong, Protesters Embrace ‘Chinese Virus’ to Snub Communist Party Censors, Not Stir Racism

Many members of the Hong Kong pro-democracy movement have continued to stand firm on speaking of it that way, mostly just shrugging off the criticism. ( read original story ...)

Posted on 03/05/2020

Hong Kong’s Chan Warns City Could Face Deepest Slump on Record

Hong Kong Financial Secretary Paul Chan warned the city could be hit by its worst economic slump on record even as authorities prepare to ease some lockdown measures amid signs the coronavirus ... ( read original story ...)

Posted on 02/05/2020

Hong Kong calls foreign criticism of crackdown on pro-democracy figures ‘irresponsible’

Hong Kong’s government calls allegations from the US, UK and European parliament ‘totally unfounded’ ... ( read original story ...)

Posted on 02/05/2020

Police Disperse Hong Kong Protesters Defying Virus Curbs

Hong Kong police deployed pepper spray to disperse protesters congregated at a shopping mall Friday, as tensions in the city mount following a lull during the coronavirus outbreak. ( read original story ...)

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