Archive for May 23rd, 2020

Asian shares fall on US friction with China, HK fears

23-May-2020 Intellasia | AP | 6:02 AM

Shares slipped in Asia on Friday as tensions flared between the US and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong [...]
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Fresh HK fears spark sell-off across Asia

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

Hong Kong led a sell-off across Asian equities Friday after China introduced proposals to enact a national security law for the city, fanning geopolitical tensions and [...]
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Two Sessions 2020: Beijing sets sights on HK legal system as part of national security move

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

Chinese Premier Li Keqiang said on Friday that Beijing would establish a sound legal system and enforcement mechanism for safeguarding national security in Hong Kong. But Li [...]
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HK activists call for protest march against new security laws

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

Hong Kong activists called on Friday for people to rise up against Beijing’s plans to impose national security legislation in the city, prompting alarm that the new [...]
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HK Consumer Council calls for review of city’s motor-fuel market

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

Hong Kong’s Consumer Council on Thursday called for a regulatory review of the city’s motor-fuel market after a study conducted by the watchdog found the gap [...]
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US to react strongly if China makes move on HK: Trump

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

US President Donald Trump said on Thursday the United States would react strongly if China follows through on plans to impose new national security legislation on Hong Kong [...]
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HK opposition slams China national security law move

23-May-2020 Intellasia | AP | 6:02 AM

Hong Kong’s pro-democracy lawmakers sharply criticised China’s move to take over long-stalled efforts to enact national security legislation in the [...]
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Ocean Park: HK commerce chief vows to review how resort is operated, in eleventh-hour plea to lawmakers to support bailout

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

Hong Kong’s commerce minister on Thursday promised to look at relaxing land restrictions at Ocean Park and to review how the cash-strapped resort is run, the day before [...]
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HK police chief apologises to reporters mistreated by officers at Mong Kok protest

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

Hong Kong’s police chief personally offered an apology to journalists mistreated by officers at a protest earlier this month but made no promise of refraining from [...]
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HK police called to warehouse in New Territories after electric wires worth HK$900,000 stolen

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

Hong Kong police were called to a warehouse in the New Territories on Thursday to investigate a burglary after HK$900,000 (US$116,100) worth of electric wires were stolen. [...]
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HK developers suffer sell-off as investors worry new security law may provoke protests, capital outflows

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

Hong Kong property developers are facing the brunt of Hong Kong’s stock market sell-off amid heightened concerns Beijing’s proposed national security law for the [...]
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US Senate’s bill to fence off Wall Street from Chinese companies may turn into a helping hand to HK stock exchange

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

Hong Kong’s stock exchange may turn out to be the winner in the escalating tension between the US and Chinese capital markets, after the United States Senate passed an [...]
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HK bankers worry that new laws could lead to capital flight

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

China’s plan to impose national security legislation in Hong Kong is expected to lead to the flight of capital and talent from the Asian financial hub, bankers and [...]
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Two Sessions 2020: national security law for HK will ‘prevent, frustrate and punish’ and guard against foreign interference in city, says top official

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

A new law to prevent, frustrate and punish acts in Hong Kong that threaten national security will require the city’s government to set up a specific organisation to do [...]
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Coding should be part of basic education for Chinese kids, NetEase CEO Ding Lei says

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

At what age can a child start coding? What is the right age for kids to learn computer programming? While ambitious parents in China are already registering kids as young as [...]
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