Archive for July 30th, 2020

Residential investment sales muted in Q2 2020, but buying activity to increase : Edmund Tie

30-Jul-2020 Intellasia | PropertyGuru | 12:37 PM

Despite a muted market, the real estate consulting firm expects buying activity to [...] » More

HK activists arrested under new security law

30-Jul-2020 Intellasia | AFP | 10:23 AM

Four Hong Kong students involved in a recently disbanded pro-independence group were arrested by police on Wednesday under a controversial new national security law, officers [...] » More

Hong Kong third wave: Covid-19 total exceeds 3,000 with 118 new infections, one related death as new hotline service launched

Hong Kong third wave: Covid-19 total exceeds 3,000 with 118 new infections, one related death as new hotline service launched

30-Jul-2020 Intellasia | South China Morning Post | 10:16 AM

Hong Kong has registered a triple-digit rise of Covid-19 cases for the eighth day running to push its total above 3,000, as the government revealed new strategies to help [...] » More

TikTok is being reviewed by US national security panel CFIUS, Treasury Secretary Steven Mnuchin says

30-Jul-2020 Intellasia | South China Morning Post | 10:06 AM

TikTok, the hugely popular, Chinese-owned short-video platform, is undergoing a national security review by US federal regulators, Treasury Secretary Steven Mnuchin confirmed [...] » More

US warns of ‘consequences’ if Brazil picks Huawei 5G

30-Jul-2020 Intellasia | AFP | 10:02 AM

The US ambassador in Brasilia warned of “consequences” if Brazil chooses Chinese telecoms company Huawei to develop its 5G network, in an interview published [...] » More

China’s top diplomat in Vancouver blasts ‘brutal’ Canada for meddling in response to HK national security law

China’s top diplomat in Vancouver blasts ‘brutal’ Canada for meddling in response to HK national security law

30-Jul-2020 Intellasia | South China Morning Post | 10:00 AM

China’s consul general in Vancouver has accused Canada of “brutal interference” in Chinese internal affairs by imposing sanctions in response to the new [...] » More

Donald Trump is ‘willing to accept more risk’ to counter Beijing aggression, says US official

Donald Trump is ‘willing to accept more risk’ to counter Beijing aggression, says US official

30-Jul-2020 Intellasia | South China Morning Post | 9:56 AM

A senior US government official said President Donald Trump is “willing to accept more risk” in dealings with Beijing as Washington works to build alliances with [...] » More

Mainland China reports 105 new coronavirus cases, including 96 in Xinjiang

Mainland China reports 105 new coronavirus cases, including 96 in Xinjiang

30-Jul-2020 Intellasia | Reuters | 9:44 AM

China reported 105 new coronavirus cases in the mainland for July 29, up from 101 cases a day earlier, the health commission said on Thursday. Of the new infections, 96 were [...] » More

China needs ‘explosive’ buying to meet US farm import target

30-Jul-2020 Intellasia | Reuters | 9:42 AM

With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of US farm goods this year may not be quite out of reach, but it’s looking like a [...] » More

China’s Sinopharm to test potential COVID-19 vaccine in Brazil

30-Jul-2020 Intellasia | Reuters | 9:40 AM

Chinese drug company Sinopharm and Parana state have agreed to launch the fourth major COVID-19 vaccine trial in Brazil and will seek regulatory approval in the next two [...] » More

India uses arrival of new fighter jets to warn China

India uses arrival of new fighter jets to warn China

30-Jul-2020 Intellasia | AFP | 9:31 AM

The first five Rafale fighter jets bought from France in a multi billion-dollar deal landed in India on Wednesday and the defence minister used their arrival to launch a [...] » More

Increase in M&A deals looks imminent in property sector

30-Jul-2020 Intellasia | VNS | 7:05 AM

Many analysts think now is a good time for investors looking for acquisitions in the property industry to act since difficulties caused by the Covide-19 pandemic have thrown [...] » More

HSBC, Standard Chartered results likely to be hit by loan loss provisions once again, analysts say

30-Jul-2020 Intellasia | South China Morning Post | 6:02 AM

Investors are preparing for another round of large loan loss provisions at HSBC, Standard Chartered and other big banks in Hong Kong, after additional waves of the [...] » More

Coronavirus: HK’s workers have lunch in parks, construction sites, as dine-in ban kicks in amid third wave

30-Jul-2020 Intellasia | South China Morning Post | 6:02 AM

Workers braved the rain and heat while having lunch outdoors, with some blaming the government for being “unreasonable”, as Hong Kong’s sweeping ban on [...] » More

HK elections: will Legislative Council polls be postponed, and who stands to gain?

HK elections: will Legislative Council polls be postponed, and who stands to gain?

30-Jul-2020 Intellasia | South China Morning Post | 6:02 AM

The clock is ticking as Hong Kong’s leader decides whether to hold the Legislative Council elections in early September as promised, or delay them due to the escalating [...] » More