Daily Flash
Hong Kong – Private members’ club 1880 Hong Kong has reportedly closed its doors less than a year after its high-profile launch, with financial difficulties cited as the primary reason. According to a report by the South China Morning Post (SCMP), the club—an extension of Singapore’s 1880—ceased operations due to cash flow problems and failed…
By Angie Teo TAIPEI (Reuters) -Fu Tong and his wife Elaine To were among the first demonstrators in Hong Kong to be charged with rioting in 2020 after pro-democracy and anti-China protests started in 2019 in the former British colony. After leaving for Taiwan, Fu continued his activism and is now … Source link
Books about the Tiananmen Square crackdown have become increasingly scarce in Hong Kong’s independent bookstores, with sellers citing widespread self-censorship fuelled by legal uncertainties surrounding the sale of politically sensitive titles under the national security laws. The disappearance of the books and the loss of the annual June 4 candlelight vigil in Victoria Park, combined…
By Summer Zhen HONG KONG (Reuters) -Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn investment conference in Hong Kong. This year’s picks are geographically more diverse compared … Source link
Chinese shares traded in Hong Kong fell on Monday, as heightened US-China trade tensions jolted market sentiment. The Hang Seng China Enterprises Index dropped as much as 2%, after a gauge of Chinese stocks traded in the US fell 2.7% on Friday. The onshore market is closed for holiday on Monday. Source link
Hong Kong’s corporate activity and yuan-driven business have been revitalised as global market participants strengthen ties to China’s economy amid tariffs and geopolitical tensions, according to a senior executive at Deutsche Bank. Companies and investors have increased their exposure to China and hedged against the US dollar as they adjusted their supply chains and portfolios…
Hong Kong police received more than 440,000 pieces of intelligence on cyberthreats targeting the city last year, while 5 per cent of publicly accessible technology assets owned by critical infrastructure operators were vulnerable to online attacks, a first-of-its kind review has found. In a report released on Monday, police said they assessed 90,000 pieces of…
Elderly Hongkongers are expected to spend 5 per cent more annually over the next three years under wide-ranging “silver economy” measures to spur consumption, a senior official has said when asked about a lack of targets for the policy. Deputy Chief Secretary Warner Cheuk Wing-hing, who is leading a new task force dedicated to tapping…
In a makeshift hospital ward in Rafah, Gaza, reserved for the most severely wounded and dying patients, Hong Kong nurse Walter Leung Wai-yin, 66, walked up to a woman who had lost part of her face in an explosion. The woman was classified as a “blue case”, indicating catastrophic injuries and considered beyond saving. Medical…
Hong Kong is seeking to entice mainland Chinese visitors with concert and hotel packages, the tourism minister has said, amid concerns about tourists not staying longer and overcrowded border facilities. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Saturday that authorities would do more to encourage visitors to stay overnight or for…