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Posted on 19/01/2024

Hong Kong stocks rise for second day, trimming weekly loss with SMIC, AIA, BYD posting gains on valuation appeal

Stocks log a second day of gains as some investors are attracted to cheap valuation. Some funds remain wary of China’s outlook as policymakers refrain from injecting big stimulus to appease markets.

Posted on 19/01/2024

Hong Kong police arrest 4 directors of drug rehab charity for suspected fraud, issue warrant for school principal

Hong Kong police have arrested four directors of a drug rehabilitation charity for suspected fraud involving tens of millions of dollars, and are seeking three others – now based overseas -including ...

Posted on 19/01/2024

What is ‘soft resistance’? In Hong Kong, it depends on who you ask and what side of the political divide they sit on

Term first appeared locally in April 2021 in a speech by Luo Huining, then director of Beijing's liaison office, to mark Hong Kong's first National Security Education Day Phrase has come into vogue in ...

Posted on 19/01/2024

New scheme to up plastic recycling rates in Hong Kong gets broad support, but consumers want higher rebates: survey

New scheme to up plastic recycling rates in Hong Kong gets broad support, but consumers want higher rebates for returning their beverage containers, according to a survey.

Posted on 19/01/2024

Tobacco should pay for Hong Kong health and deficit

Another tax rise needed as city struggles to reduce the number of smokers and improve its financial position Higher tobacco taxes may be coming the way of Hong Kong if authorities initiate another ...

Posted on 19/01/2024

Hong Kong securities watchdog puts virtual asset trading platforms Aramex and DIFX on alert list for suspected fraud

Trading platforms Aramex and DIFX alleged to have used social media and messaging apps to lure victims into investing cash.

Posted on 19/01/2024

Chinese stocks listed in Shanghai and Hong Kong have never been cheaper. Here’s why

A two-year sell-off has now spilled over into 2024, pushing one market valuation to an all-time low. Money managers and analysts say they are struggling to see an imminent turnaround.

Posted on 19/01/2024

AFC Asian Cup: Hong Kong boss Andersen promises side will come out ‘fighting’ in clash with heavyweights Iran

Hong Kong head coach Jorn Andersen says his team will be unrecognisable from the one that put in a tame performance in previous encounter in Tehran, which they lost 4-0.

Posted on 19/01/2024

Hong Kong Bar Association re-elects Victor Dawes as chairman for third term

Senior counsel re-elected uncontested alongside vice-chairman Jose Antonio Maurellet and Derek Chan in an annual general meeting on Thursday.

Posted on 19/01/2024

Can Arc’teryx’s owner revive Chinese IPOs in America?

An exception is the €5.6bn ($6.3bn) purchase in 2019 of Amer, the Finnish owner of brands such as Arc’teryx, Salomon and Wilson, by a consortium led by Anta Sports, a Chinese rival to Adidas and Nike.

Posted on 18/01/2024

Hong Kong stocks rebound, China shares languish near 5-year lows

Data on Wednesday showed China's economy expanded by 5.2% in the fourth quarter of 2023, missing Reuters poll estimates of 5.3% growth.

Posted on 18/01/2024

Apple Daily publisher testifies against former owner Jimmy Lai in Hong Kong trial

Other prosecution witnesses include Apple Daily's former associate publisher Chan Pui-man, former editorial writer Yeung Ching-kee, activist Andy Li and paralegal Chan Tsz-wah. They have all pleaded ...

Posted on 18/01/2024

Hong Kong’s two medical schools say they can expand to take on 100 more students a year each to help solve healthcare staffing problems

Medical deans of University of Hong Kong and Chinese University say they can expand if more doctors were needed.

Posted on 18/01/2024

‘I’m still somewhat optimistic about Hong Kong’: Nobel Prize-winning economist urges city to diversify investment portfolio, take full advantage of unique status

Joseph Stiglitz suggests Hong Kong government should invest more in education and healthcare in order to 'de-risk' amid geopolitical tensions 'Think about some of the new potential for Hong Kong in ...

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