Archive for May 7th, 2019

Business Briefs 07 May 2019

07-May-2019 Intellasia | | 9:12 AM

* Ha Do Group JSC (HDG) announced in a first quarter financial report that it obtained over VND901 billion in net revenue, far higher than the figure of 2018 at VND226 [...]
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Stock markets in China and HK awash in losses as Trump’s surprise tweet rekindles concerns of escalating trade war

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Stock indexes tumbled in China and Hong Kong, after US President Donald Trump threatened to more than double America’s tariffs on Chinese goods, in a surprise move that [...]
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‘Gutless’ pan-democrats and ‘insincere’ officials missed opportunity to meet Beijing’s No 2 man in HK highlights lasting divide between both sides

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

At a teahouse beside Hangzhou’s scenic West Lake, Beijing official Huang Liuquan sat down to dim sum with a group of Hong Kong reporters, lawmakers and officials. It [...]
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‘HK is not out of the woods yet,’ despite signs of US-China trade war deal, says trade chief Edward Yau

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

The dark clouds over Hong Kong’s trade sector will not go away overnight, even if a breakthrough is imminent in the US-China trade war, the city’s commerce [...]
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Singapore may allow virtual banks after HK move, DBS says

07-May-2019 Intellasia | Bloomberg | 6:00 AM

Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of [...]
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Meatless meat revolution kicks off in HK, where Li Ka-shing puts his money where his mouth is

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong has emerged as a key battleground for the hearts, minds and stomachs of Asian meat eaters, as Beyond Meat and Impossible Foods the two most prominent meatless meat [...]
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HK’s Exchange Fund posts record first-quarter returns due to investment gains in stocks, bonds and currencies

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

The Exchange Fund, Hong Kong’s war chest for keeping the city’s currency stable against short sellers, has reported its best first quarter on record, as stock [...]
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MTR Corporation and Hung Hom station contractors face more questions, this time over the loss of safety documents, in new round of inquiry later this month

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s embattled rail operator and a major contractor are slated to face further grilling this month in another round of sessions for a high-level inquiry over the [...]
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HK’s opposition lawmakers warn of legal action over controversial extradition bill

HK’s opposition lawmakers warn of legal action over controversial extradition bill

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s opposition lawmakers on Sunday threatened to take legal action against the administrative wing of their own legislature over its handling of a controversial [...]
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HK Security Bureau under fire from lawmakers for not revealing public feedback on controversial extradition bill

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s Security Bureau has been criticised for applying “double standards” after it rejected a request from the Post to reveal the public feedback it [...]
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HK graduates of mainland universities are flocking to the Greater Bay Area with 60 per cent working there or planning to

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

A survey has found that 60 per cent of Hong Kong graduates of mainland universities were either already working in the Greater Bay Area or intend to even though salaries on [...]
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Food supplies, soccer and new towns: HK’s former chief secretary David Akers-Jones looks back at six decades in his adopted home

07-May-2019 Intellasia | AFP | 6:00 AM

Today we continue our series on veteran Hongkongers whose personal histories are interwoven with that of the city since the second world war. In this Lessons From The Past [...]
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HK braces for turbulence as US-China trade war turns ugly with Donald Trump raising tariffs on Chinese exports

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong has braced itself for more turbulence as US President Donald Trump again raised punitive tariffs on Chinese exports in an unexpected move on Monday, marking an ugly [...]
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Pro-establishment camp seizes control of bills committee scrutinising HK’s controversial extradition law

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

Hong Kong’s pro-establishment bloc has regained the upper hand in pushing for a new extradition law, after the controversial ousting of a pan-democrat who played a key [...]
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HK plastic surgeon whose patient died after Botox injections to face prosecution

07-May-2019 Intellasia | South China Morning Post | 6:00 AM

A veteran Hong Kong plastic surgeon whose patient died after getting Botox injections at his clinic is to face prosecution on a raft of charges. Police laid a total of 21 [...]
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