Search result for Hong Kong
CHINA GUANDONG PROVINCE REPORTED 6 NEW COVID-19 CASES
Highlights –
- China Guangdong Province reported 6 new COVID-19 cases.
- The same day also saw 15 new imported cases on the mainland.
- So far a total of 86,285 patients had been discharged from hospitals.
- Hong Kong Special Admin...
CHINA RE-IMPOSES CORONAVIRUS TRAVEL CONTROLS IN GUANGDONG
Highlights –
- China re-imposes coronavirus travel controls in Guangdong.
- Guangdong recorded 20 new confirmed cases, all contracted locally.
- The govt. had also recently ordered mass testing in Guangzhou.
- People leaving Guangd...
HONG KONG POLYU CONTRIBUTORS OF CHINA’S TIANWEN-1
Highlights –
- Hong Kong PolyU contributors of China’s Tianwen-1.
- On May 15, the lander and rover of China's Tianwen-1 mission landed on Mars.
- PolyU had located on the outside top surface of the Mars lander platform the Mars C...
HONG KONG’S TOP NATIONAL SECURITY OFFICER UNDER INVESTIGATION
Highlights –
- Hong Kong’s top national security officer under investigation.
- The head of the police National Security Department is alleged of owning an unlicensed massage business.
- An unlicensed massage business is an offense th...
HONG KONG TO DISQUALIFY LOCAL COUNCIL MEMBERS FAILING TO TAKE PLEDGE
Highlights –
- Hong Kong to disqualify local council members failing to take pledge.
- Elected candidates will have to swear allegiance to the HKSAR govt. and to uphold the Basic Law.
- The new legislation will be officially implemented on ...
HONG KONG GOVT. BUYS BROADCASTING RIGHTS OF TOKYO GAMES
Highlights –
- Hong Kong govt. buys broadcasting rights of Tokyo games.
- Hong Kong government signed the contract on the rights last Friday with Japan’s Dentsu Inc.
- Dentsu Inc. is the only company that holds the exclusive rights to...
HONG KONG WILL NOT OBLIGATE FOEIGN DOMESTIC WORKERS TO BE VACCINATED
Highlights –
- Hong Kong will not obligate foreign domestic workers to be vaccinated.
- Most of the domestic workers in the country come from Indonesia and the Philippines.
- Indonesia and the Philippines are both severely impacted by the p...
CHINA’S HEALTH COMMISSION HOPES HONG KONG WILL SOON BE COVID-19 FREE
Highlights –
- China’s health commission hopes Hong Kong will soon be COVID-19 free.
- Ma Xiaowei, director of the National Health Commission made such a comment.
- He appreciated the unremitting efforts of the HKSAR government in fig...
CHINA’S FOREIGN MINISTRY OPPOSES REMARKS BY FCC IN HONG KONG
Highlights –
- China’s Foreign Ministry opposes remarks by FCC in Hong Kong.
- The Ministry opposed a court ruling in Hong Kong.
- Hong Kong police are said to have lived up to their duty and meticulously enforced the law.
- ...
CHINA GIVES JAIL TERMS TO HONG KONG’S ANTI-GOVT. PROTESTORS
Highlights –
- China gives jail terms to Hong Kong’s anti-govt. protestors.
- Jimmy Lai, a Hong Kong publisher has been sentenced to 14 months in jail this week.
- Some of the sentences handed down on Friday were suspended.
MENG’S DEFENSE TEAM TO ASK CANADIAN COURT TO DELAY UPCOMING HEARINGS
Highlights –
- Meng’s defense team to ask Canadian court to delay upcoming hearings.
- The Huawei CFO’s case lasted more than two years.
- Meng’s upcoming hearing is scheduled to be in the British Columbia Supreme Court on...
BEIJING INTRODUCED HONG KONG’S ELECTORAL REFORM BILL
Highlights –
- Beijing introduced Hong Kong’s electoral reform bill.
- The bill will give Beijing greater control over the election process in Hong Kong’s legislature.
- The bill is expected to pass by the end of May after the t...
ALIBABA EXPECTS NO MATERIAL IMPACT AFTER BEING FINED $2.75 BILLION
Highlights –
- Alibaba expects no material impact after being fined $2.75 billion.
- Alibaba was fined by China’s antitrust regulator for abusing market dominance.
- Alibaba Group Holdings Ltd shares rose as much as 9% in Hong Kong tr...
CHINESE INVESTORS ARE INVESTING MORE ON MMF SINCE MID-FEBRUARY
Highlights –
- Chinese investors are investing more on MMF since mid-February.
- China’s blue-chip index posted the worst monthly performance in March.
- The Hwabao WP Listed Money Market ETF saw its total units increase 21% to 1.77 b...
DIDI LIKELY TO LEAD IPO THROUGH GOLDMAN, MORGAN STANLEY
Highlights –
- Didi likely to lead IPO through Goldman, Morgan Stanley.
- China’s top ride-hailing firm is backed by SoftBank, Alibaba and Tencent.
- If Didi decides to sell 10% of its shares, itcould raise about $10 billion. <...
CHINA REDUCES LEGISLATIVE COUNCIL OF HONG KONG ELECTED SEATS
Highlights –
- China reduces Legislative Council of Hong Kong elected seats.
- Only 20 of the council's 90 seats will be filled through elections.
- The committee will remain in control by supporters of Beijing.
- Until now, 35...
CHINA FINALISED DUE CHANGES IN HONG KONG’S ELECTORAL SYSTEM
Highlights –
- China finalised due changes in Hong Kong’s electoral system.
- Candidates for public office and work with national security authorities will be monitored by a new committee.
- Beijing imposed the new security legislatio...
CHINESE STOCKS FELL AFTER ANNOUNCEMENT OF NEW U.S AUDITING STANDARDS
Highlights –
- Chinese stocks fell after announcement of new U.S auditing standards.
- The move by SEC comes as the unprecedented regulatory crackdown in China on domestic technology companies.
- The SEC is said to have fast-tracked the rul...
CHINA’S RIDE APP DIDI LIKELY TO PICK NEW YORK FOR ITS UPCOMING IPO
Highlights –
- China’s ride app Didi likely to pick New York for its upcoming IPO.
- The company is hoping for a valuation of at least $100 billion.
- Didi is said to have discussed the option of listing via a SPAC.
- In 2019...
BAIDU INC. CLOSED FLAT ON ITS DEBUT IN HONG KONG SECONDARY LISTING
Highlights –
- Baidu Inc. closed flat on its debut in Hong Kong secondary listing.
- China’s Bilibili raised a lower-than-expected $2.6 billion in its secondary listing.
- On Tuesday’s session, Hong Kong’s Hang Seng Index ...