Click for Hong Kong Forecast

Category: Hong KongSubscribe via RSS Feed

HK homebuyers spooked by recession, talk of national security law forfeit $1.5 million in deposits, walk away from purchases

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Nineteen Hong Kong homebuyers who put down deposits for flats at the height of a market rally around June 2018 have walked away from their purchases, forfeiting as much as [...]
» More

HK Bar Association questions Beijing’s legal power to enact national security law, identifies ‘problematic’ features

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Beijing appears to have no legal authority to enact its proposed national security law for Hong Kong by promulgation, according to the city’s professional body of [...]
» More

Burglars bag HK$500,000 in cash and watches in spate of HK break-ins

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong police were called to an industrial building to investigate two burglaries after more than HK$400,000 in cash and valuables were stolen from two of the units. The [...]
» More

HK airport to resume limited transit services

27-May-2020 Intellasia | AFP | 6:02 AM

Hong Kong will partly resume transit services at its international airport next week, the city’s leader announced Tuesday, as the business hub gradually reopens while [...]
» More

Hang Seng Index extends rebound, regional markets rally as pandemic easing measures fuel recovery hopes

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong stocks rose for a second day as easing measures over from the coronavirus pandemic in the Asia-Pacific region bolstered economic recovery hopes, overshadowing [...]
» More

Coronavirus: more HK businesses to reopen as city eases social-distancing measures

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong will reopen more entertainment venues in the next few days and transit flights are to resume next month as the city eases its coronavirus restrictions. The move [...]
» More

How a HK-based start-up is helping Premier League players and other sports clubs restart fixtures while raising capital

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

A Hong Kong start-up is on the frontline of the fight to make professional live sport safe to resume and for the fans to gradually return to watch games, while raising [...]
» More

Deliveroo couriers in HK take protest over new pay policy into third day

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

More than 100 Deliveroo couriers in Hong Kong took their protest against a new payment structure they said would cut their earnings into a third day on Tuesday. The online [...]
» More

China’s military promises to uphold ‘national sovereignty’ as more HK protests expected

27-May-2020 Intellasia | CNN | 6:02 AM

China’s top military commander in Hong Kong has emphasized the role of the People’s Liberation Army (PLA) in upholding “national sovereignty” in the [...]
» More

HK developer Wharf sells Amazon, Facebook stakes for $944 million, boosting own privatisation appeal

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

The Wharf (Holdings), one of Hong Kong’s biggest commercial landlords, said it sold Amazon and Facebook shares over the past 10 months for $944 million (HK$7.3 billion) [...]
» More

China’s HK garrison ‘ready to safeguard national security’ in the city

China’s HK garrison ‘ready to safeguard national security’ in the city

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

The People’s Liberation Army has said the Chinese military will “resolutely” safeguard China’s national security and sovereignty, in its first [...]
» More

As HK tenants call the shots, can work-from-home inflict more damage to office market?

27-May-2020 Intellasia | South China Morning Post | 6:02 AM

Some companies in Hong Kong are exploring ways to extend the work-from-home arrangement after a successful spell during the coronavirus pandemic, challenging the value of [...]
» More

EU urges China to respect HK autonomy

EU urges China to respect HK autonomy

27-May-2020 Intellasia | Reuters | 6:02 AM

China must respect Hong Kong’s autonomy, the European Union said on Tuesday, amid controversy over Chinese plans to adopt a national security law for the city. [...]
» More

China’s HK law set to bar foreign judges from national security casessources

27-May-2020 Intellasia | Reuters | 6:02 AM

Beijing’s planned national security legislation for Hong Kong is set to block its foreign judges from handling national security trials, people familiar with the matter [...]
» More

Hong Kong’s leader says security laws will not affect city’s rights and freedoms

Hong Kong’s leader says security laws will not affect city’s rights and freedoms

26-May-2020 Intellasia | Reuters | 10:01 AM

Hong Kong leader Carrie Lam on Tuesday added to a raft of attempts by local and Beijing officials to provide reassurance that proposed national security laws would not [...]
» More