Archive for August 17th, 2020

Every major Asian market has a Nasdaq-wannabe. Could HK’s or Shanghai’s tech boards ever catch up to the real thing?

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

If Nasdaq looks in its rear-view mirror, it will see Hong Kong and Shanghai are speeding up behind. Could either become the world’s next top tech fundraising centre [...] » More

HK cuts GDP forecast for 2020 after economy contracts 9pct on-year in the second quarter

17-Aug-2020 Intellasia | CNBC | 6:02 AM

Hong Kong’s government downgraded its full-year economic forecast on Friday after a recent flare up in coronavirus cases threatened to further derail the city’s [...] » More

ChiNext, Star Market, China’s rival tech boards, target HK ‘red chip’ secondary listings as competition heats up

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

The battlefield on which China’s Nasdaq-styled technology boards in Shanghai and Shenzhen compete for listings has expanded beyond start-ups and billion-dollar tech [...] » More

HK confirms 48 new coronavirus cases as outbreak at European slaughterhouse sparks fears

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

Hong Kong confirmed another 48 coronavirus cases on Friday as an outbreak at a slaughterhouse run by Europe’s biggest meat-processing company sparked fears quickly [...] » More

New chair of HK public broadcaster RTHK’s board a former lawmaker with strong ties to Beijing

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

Two pro-establishment figures with ties to Beijing have been handed roles on the board of advisers to Hong Kong’s public broadcaster. Former pro-establishment lawmaker [...] » More

HK police arrest eighth student involved in alleged bullying of 13-year-old boy who refused to buy a HK$700 meal

HK police arrest eighth student involved in alleged bullying of 13-year-old boy who refused to buy a HK$700 meal

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

Hong Kong police have arrested eight students in Tuen Mun so far on suspicion of bullying a 13-year-old who refused to buy a HK$700 (US$90) meal. The latest suspect was a [...] » More

HK pro-democracy activist Joshua Wong urges Australia to keep a close eye on the city

HK pro-democracy activist Joshua Wong urges Australia to keep a close eye on the city

17-Aug-2020 Intellasia | SBS | 6:02 AM

In an interview with SBS News, Joshua Wong has urged Australia to stand up for the rights of people in Hong Kong. Joshua Wong might only be 23 years old, but he’s [...] » More

Police arrest three after six HK bitcoin ATMs pilfered for HK$230,000 in first-of-its-kind crime in the city

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

Hong Kong police have arrested three men believed to be tied to a broader syndicate who allegedly cheated bitcoin ATMs out of nearly HK$230,000 (US$30,000), the first case of [...] » More

HK protests: teen seeking to pursue injury claim over October shooting by police slams rejection of legal aid application

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

The first anti-government protester shot with live ammunition during last year’s months of social unrest has expressed outrage after his application for legal aid in [...] » More

No city for eating out: HK’s low-income workers struggle to find clean spaces to have their meals

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

Hung wakes at 6am each day to prepare her lunch of rice and vegetables, before heading from her home in Shau Kei Wan to work in Causeway Bay. The widowed grandmother who [...] » More

National security law: Google urges HK police to use ‘diplomatic procedures’ for data requests

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

Google has stopped responding directly to data requests from Hong Kong police since the Beijing-imposed national security law took effect in the city about six weeks ago and [...] » More

HK history exam setter quits months after controversy raged over question on Japan’s relationship with China

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

A Hong Kong exam authorities employee involved in the setting of history public exam papers has resigned three months after a controversial question was scrapped, the Post [...] » More

Academics, students sign petition calling for HK universities to reverse dismissals of Benny Tai, Shiu Ka-chun over Occupy protests

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

More than 3,900 academics, students and members of the public have signed a petition calling on two Hong Kong universities to retract their decisions to sack a pair of [...] » More

Google stops responding directly to data requests from HK government

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

Alphabet Inc’s (GOOGL.O) Google said on Friday it would no longer provide data in response to requests from Hong Kong authorities following the enactment of a new [...] » More

HK’s ‘success’ based on years of back-breaking effort and mainland help, not a label Trump or others can strip away: foreign ministry

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

Beijing hit back at Washington on Friday, asserting its contribution to Hong Kong’s prosperity, a day after US President Donald Trump suggested the city would [...] » More