Thursday, June 24, 2021
Cathay Pacific CEO Rupert Hogg resigns in midst of Hong Kong protest controversy Cathay Pacific CEO Rupert Hogg resigned on Friday, ending a stormy week for the Hong Kong flag carrier after it was rebuked by Beijing over the participation of some of its employees in the city's festering anti-government...
As the spread of coronavirus sends jitters across Hong Kong, usually bustling shopping malls, restaurants and retailers are deserted, leaving some small business owners contemplating their future in the global financial hub. While Hong Kong’s retail sales extended their free-fall in December as months of sometimes violent anti-government protests...
Hong Kong and Singapore have announced a start to their highly anticipated two-way air travel bubble. Flights under the agreement – which allows people to travel quarantine free between the financial hubs – will begin from May 26. The number of flights will be increased by June 26 if there...
The Chinese government has revealed plans to boost the economic prowess of the mainland city of Shenzhen, taking over from Hong Kong, which has been China’s economic powerhouse ever since it was relinquished by the British. Shenzhen was formerly a quiet and sleepy fishing village, but it has since been...
The COVID-19 outbreak is apparently on the retreat in Mainland China, and has so far had a relatively restrained impact on Hong Kong and Macao, but the disease and measures to control it have dented confidence among exporters. The triple challenge posed by COVID-19, softening global demand and lingering trade...
Hong Kong shops, workers in rare strike to 'defend freedom' Hong Kong retailer Alan Li shut up shop on Wednesday (Jun 12), joining about 100 businesses and numerous workers in a rare strike to protest against an extradition bill that many fear will undermine freedom and confidence in the commercial...
Shares in jailed tycoon Jimmy Lai's Next Digital Ltd soared on Thursday, the first day of trading after a suspension of longer than a week following a freeze in the pro-democracy activist's assets under the national security law. In a late Wednesday statement, the media publisher said it had enough...
A Malaysian programme to attract wealthy foreigners to live in the country has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said. Property consultants said interest in the “Malaysia My Second Home” (MM2H) initiative has surged...
Some property and migration consultants are seeing a rise in inquiries about Singapore as turmoil grips Hong Kong. Interested Hongkongers are attending webinars amid the coronavirus pandemic to learn more about living, working and investing in the city state Singapore tends to attract high net worth individuals, migration and...
The Hong Kong Science and Technology Parks Corp is on track to achieve its goal of attracting the first batch of research institutes to the city in health care, artificial intelligence and robotics, as part of a broader push by the city to build itself into a hub for innovation...
Alibaba unveils Hong Kong secondary listing plan, in vote of confidence Alibaba Group Holding, the record holder of the largest global initial public offering, has unveiled a secondary listing plan in Hong Kong, in a vote of confidence for the local financial market as the worst political crisis in the...
US firms concerned as tensions simmer in Hong Kong over looming legislation A survey of US businesses revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests. Contributing to...

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