Hong Kong: Airlines allowed to keep airport slots
Hong Kong – Airlines that fly to and from Hong Kong will be able to keep their prized airport slots even if they temporarily cut capacity due to weak travel demand through March, according to the Hong Kong Civil Aviation Department. … Continue reading Hong Kong: Airlines allowed to keep airport slots
Alibaba listing secures Hong Kong’s financial status
Hong Kong – Alibaba’s blockbuster stock listing in Hong Kong on Tuesday shows that the territory is still Asia’s premier financial hub, despite ongoing protests. But this political turmoil is also pushing Beijing to further build up Shanghai and Shenzhen … Continue reading Alibaba listing secures Hong Kong’s financial status
China wants end of violence in Hong Kong
Beijing – China said stopping violence is the most important thing in Hong Kong now after the United States condemned “unjustified use of deadly force” in the latest violence and urged China to honor its commitments to freedom of expression … Continue reading China wants end of violence in Hong Kong
Germany wishes peaceful Hong Kong resolution
Wuhan – German Chancellor Angela Merkel renewed calls for a peaceful solution to unrest in Hong Kong on Saturday during her trip to China. The Hong Kong protests have overshadowed a three-day visit Merkel had planned to use to press … Continue reading Germany wishes peaceful Hong Kong resolution
Hong Kong: The endangered golden goose ?
Hong Kong – As China’s key offshore financial center, Hong Kong has been playing a unique role in facilitating Mainland China’s integration with the global economy since the opening up of its market in the late 1970s. However, the trade … Continue reading Hong Kong: The endangered golden goose ?
Hong Kong facing worst crisis since 1997 handover
Shanghai – Senior Chinese diplomat Wang Yi told a Hong Kong business delegation that more support should be given to the city’s government to end violence that has evolved into the biggest crisis it has faced since the return to … Continue reading Hong Kong facing worst crisis since 1997 handover
Sandbox VR builds hyperrealistic VR games
Hong Kong – A swarm of monster bugs are running toward towards me and I’m frantically shooting at them, all while trying to ignore the fact that I’m standing right at the edge of a skyscraper. As someone with acrophobia, … Continue reading Sandbox VR builds hyperrealistic VR games
Luckin Coffee chief asks banks for $200 million loan
Hong Kong – Chinese startup Luckin Coffee’s chairman is seeking a loan of at least $200 million from banks including Goldman Sachs and Morgan Stanley under a deal that would award them mandates in the firm’s planned U.S. IPO, people … Continue reading Luckin Coffee chief asks banks for $200 million loan
Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again
Hong Kong welcomes New Year with big firework
Hong Kong – Hundreds of thousands of revellers in Hong Kong began the new year with the thunderous roar of HK$14 million (US$1.8 million) worth of fireworks going off above Victoria Harbour at the stroke of midnight. At least 340,000 … Continue reading Hong Kong welcomes New Year with big firework