Category: Hong Kong
What is happening with Country Garden, China’s under-pressure property giant?
Hong Kong Free Press By Sébastien Ricci Concerns are mounting in China around Country Garden, a major property developer whose colossal debt raises fear of a bankruptcy that could spell wider economic turbulence, two years after the unravelling of its competitor Evergrande. This aerial photo taken on October 31, 2021 shows a logo of China’s…
Read MoreHong Kong court grants partial victory to Jimmy Lai, 6 opposition lawmakers over roles in 2019 anti-government protests
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Court quashes one of two charges against seven over banned demonstration during 2019 unrest. https://www.scmp.com/news/hong-kong/law-and-crime/article/3230977/hong-kong-court-grants-partial-victory-jimmy-lai-6-opposition-lawmakers-over-roles-2019-anti?utm_source=rss_feed
Read MoreHong Kong stocks continue slide as more disappointing economic data and property crisis weigh on sentiment
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. All 80 members of the Hang Seng Index decline after China credit growth and loans fall short, with more bad economic news expected on Tuesday. https://www.scmp.com/business/markets/article/3230976/hong-kong-stocks-continue-slide-more-disappointing-economic-data-and-property-crisis-weigh-sentiment?utm_source=rss_feed
Read MoreBREAKING: 7 prominent Hong Kong activists cleared of organising 2019 protest
Hong Kong Free Press A Hong Kong court has cleared seven pro-democracy figures – including media tycoon Jimmy Lai and barristers Martin Lee and Margaret Ng – of organising an anti-extradition bill rally in 2019. However, their convictions and sentences linked to participating in that protest were upheld. Margaret Ng arrives at Hong Kong’s High…
Read MoreHow Hong Kong tycoons’ success stories in Southeast Asia pave way for more to tap region’s business potential
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. City leader John Lee’s warm welcome in Malaysia, Indonesia and Singapore bodes well for investors. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3230921/how-hong-kong-tycoons-success-stories-southeast-asia-pave-way-more-tap-regions-business-potential?utm_source=rss_feed
Read MoreHong Kong 2.0 must deliver certainty and hope amid US-China volatility
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Despite the restored stability in Hong Kong, the perception of uncertainty continues with national security concerns made more acute by geopolitical tensions. The government will have to work on delivering certainty and hope. https://www.scmp.com/comment/opinion/article/3230558/hong-kong-20-must-deliver-certainty-and-hope-amid-us-china-volatility?utm_source=rss_feed
Read MoreHow FWD married two of Richard Li’s ‘loves’ to create Hong Kong’s only home-grown, pan-Asian insurer
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A serendipitous meeting more than 10 years ago between a telecoms titan and a former Vietnamese refugee sowed the seeds for an insurance company that today covers against risks in seven countries along the…
Read MoreAlmost 75% of Hong Kong’s low-income workers oppose gov’t plan to import labour, survey finds
Hong Kong Free Press Almost three-quarters of Hong Kong’s low-income workers oppose the government’s plan to import foreign labour amid manpower shortfalls, with many fearing they could see reduced wages or even job losses, a survey has found. The Society for Community Organisation holding a press conference to announce results of a survey on the…
Read MoreWhile Starry Lee’s political future looks bright, the DAB faces irrelevance
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. As Starry Lee leaves party leadership and district council work behind to focus on national politics, the challenge for her DAB successor is to find a future for the party in a changed political…
Read MoreSummer slump bites hard for Hong Kong’s restaurants, as residents head across the border and mainland Chinese tourists cut back
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Slow period exacerbated by residents crossing the border for a bargain and mainland Chinese tourists spending less, industry representatives say. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3230929/summer-slump-bites-hard-hong-kongs-restaurants-residents-head-across-border-and-mainland-chinese?utm_source=rss_feed
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