Archive for April 23rd, 2021

HK stocks rebound from biggest decline in four weeks on upbeat corporate earnings reports

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong stocks rebounded from their biggest setback in a month amid signs of better corporate earnings, while an overnight rally in US equities helped shore up buying [...] » More

Coronavirus: about 30 HK kindergarten pupils to be quarantined after teacher confirmed infected; city logs 14 new cases, mostly imported

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

About 30 kindergarten pupils will be sent to quarantine facilities in Hong Kong after their teacher was confirmed as one of two local coronavirus cases on Thursday, while a [...] » More

Fourteen directors, five workers at 15 travel agencies arrested on suspicion of attempting to cheat HK authorities out of nearly HK$3 million by using forged papers for subsidy scheme

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Fourteen directors and five employees of 15 travel agencies have been arrested on suspicion of attempting to cheat the government out of nearly HK$3 million (US$386,500) [...] » More

Cathay Pacific Airways prepares pilot base closures, leaving hundreds of jobs at risk

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Cathay Pacific Airways will close its Canadian pilot base, and is considering doing the same to ones in Australia and New Zealand, putting hundreds of jobs at risk, the Post [...] » More

Coronavirus: HK lawmakers renew calls for unemployment scheme to help low-income groups survive economic fallout of pandemic

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong officials should reconsider their decision to not set up an unemployment assistance scheme for low-income groups as the Covid-19 pandemic continued to batter the [...] » More

As HK enters university exam season during coronavirus pandemic, students fret over sudden lockdown orders and officials set up special rooms at quarantine camp

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong’s secondary schools are preparing to hold university entrance exams this week amid Covid-19 pandemic restrictions, with at least two students set to take the [...] » More

Greater Bay Area: Hongkongers seen boosting demand for homes as banks dangle cheaper loans, easier cross-border payment facility

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Buyers from Hong Kong are expected to recharge demand for homes in the Greater Bay Area as cheaper loans and seamless cross-border remittances added to the appeal of working [...] » More

HK protests: woman injured during intense clashes loses legal fight over police access of her medical records

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

A woman who suffered a serious eye injury during an anti-government protest in 2019 has lost an appeal to obtain copies of two search warrants Hong Kong police used to access [...] » More

HK facing critical moment in seizing Greater Bay Area opportunities, warns trading tycoon

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong cannot afford to miss the opportunities offered by the Greater Bay Area development and must re-establish the city’s lost position as the business centre for [...] » More

HK airport lounge firm Plaza Premium sets sights on China’s high-speed rail stations amid uncertain recovery in air travel

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong-based airport lounge operator Plaza Premium Group has diversified to high-speed rail lounges with the launch of its first facility in Changsha in mainland China. [...] » More

New HK elections rule allows postponement of contests in specific Legislative Council constituencies

New HK elections rule allows postponement of contests in specific Legislative Council constituencies

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

A Legislative Council candidate’s death or disqualification during the race for a directly elected seat will trigger the postponement of that particular geographical [...] » More

Coronavirus: HK jobless rate drops to 6.8 per cent but still hovering near 17-year high

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong’s unemployment rate dropped to 6.8 per cent in the first quarter of this year but continued to hover around a 17-year high, with the city’s labour chief [...] » More

‘Till prison we part’: HK crackdown pushes veteran activists to wed

23-Apr-2021 Intellasia | AFP | 5:02 AM

Both veteran Marxists who have spent decades campaigning for Hong Kong democracy, Chan Po-ying and Leung Kwok-hung viewed marriage as something of a patriarchal and [...] » More

HK stocks drop by most in four weeks as Anta placement, Covid-19 cases roil markets and tech losses deepen

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

Hong Kong stocks tumbled, snapping a three-day advance, as a discounted stock placement by Anta Sports Products by a major shareholder and rising Covid-19 cases roiled [...] » More

Outspoken HK pastor and head of Baptist Convention leaves city over national security law fears

23-Apr-2021 Intellasia | South China Morning Post | 5:02 AM

An outspoken Hong Kong church leader known for his public criticism of the national security law and the ill-fated extradition bill that triggered the 2019 anti-government [...] » More