Archive for May 28th, 2020
Stock markets in retreat as China-US tensions return to fore
Asian equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies [...] » More
Asia Pacific stocks mixed as US-China tensions dampen investor sentiment
Stocks in Asia Pacific were mixed in Wednesday morning trade as investors weighed the potential impact of rising tensions between Washington and Beijing against economies [...] » More
Fashion distributor I.T warns annual loss will more than double to $90 million as coronavirus hits sales
Apparel and accessory retailer I.T has become the latest Hong Kong company to issue a profit warning. The company said it expects net loss to more than double from its [...] » More
Hong Kong pupils return to class with protests and coronavirus on their minds
Some Hong Kong pupils staged protests against two controversial proposed laws as hundreds of local secondary schools reopened on Wednesday morning, after being forced to shut [...] » More
Israel rejects bid by Hong Kong’s CK Hutchison to build plant after US warns against Chinese investment
A Hong Kong-based conglomerate founded by the billionaire Li Ka-shing has lost its bid to construct and operate a $1.5 billion infrastructure project in Israel, local [...] » More
Riot police take zero tolerance approach to Hong Kong protests as tensions build
Around 250 people were arrested across Hong Kong Wednesday, as sporadic protests were met by a massive police presence and zero tolerance approach, with pepper spray, [...] » More
Hong Kong stocks end lower amid protests and rising US-China tensions over proposed national security law
Hong Kong stocks dropped for the first time this week, as US President Donald Trump said that his administration would soon take action against Beijing’s proposed [...] » More
Hong Kong’s China national anthem bill aims to legislate ‘respect’
Hong Kong’s legislature is moving forward on a controversial bill that would criminalise abuse of China’s national anthem. A second reading of the bill is being [...] » More
In Hong Kong and beyond, China moves to consolidate position of strength as country emerges from pandemic
Sometimes, the best time to act isn’t when you’re at your strongest, but when your rivals are weakest. As much of the world continues to reel from the coronavirus [...] » More
Coronavirus: senior students to head back to classrooms in Hong Kong, but pupils over the border still stuck at home
About 150,000 senior secondary students in Hong Kong will return to school from Wednesday after a four-month class suspension due to the coronavirus pandemic, but up to 2,500 [...] » More
Hong Kong police stamp out national anthem law protests
Hong Kong police cast a dragnet around the financial hub’s legislature on Wednesday and fired pepper-ball rounds in the commercial district as they stamped down on [...] » More
Trump sounds warning over Hong Kong’s future
US President Donald Trump on Tuesday warned that Hong Kong could lose its status as a global financial centre if a proposed Chinese crackdown goes ahead, and promised a [...] » More
Hong Kong crisis: Trump warns China he will take action as protests swell
Thousands of armed police have flooded the streets of Hong Kong in an unprecedented show of force to prevent protests against a law criminalising ridicule of China’s [...] » More
Trump sounds warning over Hong Kong’s future
US President Donald Trump on Tuesday warned that Hong Kong could lose its status as a global financial centre if a proposed Chinese crackdown goes ahead, and promised a [...] » More
China expands scope of Hong Kong security legislation: media reports
Beijing has expanded the scope of draft national security legislation to include organisations as well as individuals, media reported on Wednesday, a move that is likely to [...] » More
