Archive for August 14th, 2020

HK’s police credit union shifts billions in assets to mainland banks, citing exposure to US sanctions over national security law

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s police credit union is moving its estimated HK$11 billion (US$1.4 billion) in assets from foreign banks to Chinese-based ones amid concerns over sanctions [...] » More

Passengers from mainland China to be allowed temporary transit through HK

14-Aug-2020 Intellasia | Reuters | 6:02 AM

Hong Kong International Airport said on Thursday that passengers from mainland China would be able to transit through Hong Kong to other destinations from August 15 until [...] » More

CanSino, China’s first drug maker to start human trials for Covid-19 vaccine, shoots up 124 per cent in Star Market trading debut

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

CanSino Biologics, the first Chinese company to test a Covid-19 vaccine on humans, got off to a roaring start on the mainland’s Star Market. Shares of the Tianjin-based [...] » More

HK subdivided flat tenants urged to complain against landlords who overcharge for utilities

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

The head of a government-appointed study group looking to limit rents in Hong Kong’s subdivided flats has urged residents to lodge complaints against landlords who are [...] » More

HK MTR sells $1.2 billion green bond, largest issued in the city, after Covid-19 crisis leads to its worst financial performance in two decades

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s embattled rail operator has sold a 10-year green bond worth $1.2 billion in a move seen as an attempt to alleviate the financial damage wreaked upon it by [...] » More

HK immigration says no change to journalist visa process in response to media reports and Foreign Correspondents’ Club query

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

The Foreign Correspondents’ Club of Hong Kong (FCC) on Wednesday urged the city’s immigration chief to clarify whether visa applications for foreign media were [...] » More

HK protests: magistrate rules police lied in courtroom as district councillor, co-defendant acquitted of assault charges

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

A Hong Kong district councillor charged with assaulting a policeman during last year’s anti-government unrest has been acquitted, with the magistrate ruling the [...] » More

Record proportion of HK high school graduates to be offered spots in universities amid drop in competition

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

A record proportion of school leavers will be offered a place at Hong Kong universities this year, amid a drop in competition as fewer students applied for spots. Official [...] » More

Why China Arrested HK Tycoon Jimmy Lai

Why China Arrested HK Tycoon Jimmy Lai

14-Aug-2020 Intellasia | EP | 6:02 AM

The billionaire was detained under Beijing’s new national security law. What happens next will set a precedent for the territory’s elite. Jimmy Lai’s Arrest [...] » More

HK media tycoon relieved he wasn’t sent to China

14-Aug-2020 Intellasia | AP | 6:02 AM

Jimmy Lai had just finished his morning exercise and was catching up on the news when the police arrived. “There were 15, 20 policemen there, and they said I was under [...] » More

‘No world peace without changing China’: HK’s Apple Daily founder Jimmy Lai calls for American support

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Apple Daily founder Jimmy Lai Chee-ying, who was arrested over alleged collusion with foreign forces, has called on Americans to support Hong Kong’s fight for freedoms, [...] » More

HK elections: Cheng Chung-tai becomes first opposition lawmaker to reveal he will serve out Legislative Council’s extended term

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Hong Kong activist Cheng Chung-tai has become the first opposition politician to reveal he will serve out an extended term as a lawmaker, after China’s top legislative [...] » More

HK airport to reopen as transit hub for passengers from mainland China for two months, offering Cathay Pacific a minor boost

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Air passengers will be allowed to transit via Hong Kong International Airport from mainland China from Saturday until October 15, offering a minor boost to beleaguered Cathay [...] » More

National security law: despite arrest, HK media mogul Jimmy Lai says he would ‘still have gone down same path’

National security law: despite arrest, HK media mogul Jimmy Lai says he would ‘still have gone down same path’

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Apple Daily founder Jimmy Lai Chee-ying spoke of the ordeal of spending a sleepless night in police custody when he returned to his office on Wednesday but pledged to keep [...] » More

HK national security law’s next targets: donors to online group allegedly linked to Apple Daily founder Jimmy Lai, activist Agnes Chow

14-Aug-2020 Intellasia | South China Morning Post | 6:02 AM

Donors to an online group which called for sanctions against Hong Kong could be the next target of police, following the arrest of Apple Daily founder Jimmy Lai Chee-ying and [...] » More