Hong Kong delays import of AstraZeneca vaccine
HONG KONG – Hong Kong said on Friday it will delay shipments of AstraZeneca’s COVID-19 vaccine this year amid mounting concerns over possible links between the shot and very rare cases of blood clots. The Chinese-ruled city had ordered 7.5 … Continue reading Hong Kong delays import of AstraZeneca vaccine
Baidu Plans to Raise Capital in Hong Kong
BEIJING/HONG KONG – Baidu, Chinese search engine and AI giant, is planning to raise at least HK$28 billion ($3.6 billion) by selling 95 million shares in a secondary listing on the Hong Kong stock exchange, the latest US-traded Chinese tech … Continue reading Baidu Plans to Raise Capital in Hong Kong
Hong Kong IPO: Great Start for Kuaishou Technology
HONG KONG – Kuaishou Technology more than doubled in its Hong Kong stock market debut on Friday, becoming the fifth-largest listed company in the city, driven by massive demand from mom-and-pop investors for the Chinese online video service operator. The … Continue reading Hong Kong IPO: Great Start for Kuaishou Technology
Hong Kong lifts lockdown in Kowloon district
HONG KONG – The Hong Kong government lifted a lockdown in an area of Kowloon district in the early hours of Monday after testing about 7,000 people for coronavirus to curb an outbreak in the densely populated area. The government … Continue reading Hong Kong lifts lockdown in Kowloon district
Singapore, Hong Kong to start air travel on Nov 22
Singapore/Hong Kong – The inaugural air travel bubble (ATB) flight between Singapore and Hong Kong will kick off on November 22, allowing for leisure travel between the two places without the need for quarantine. This marks the world’s first air travel bubble … Continue reading Singapore, Hong Kong to start air travel on Nov 22
Hong Kong safe destination with new hygiene protocols
Hong Kong – The Hong Kong Tourism Board (HKTB) has launched a standardised hygiene protocol, in partnership with the Hong Kong Quality Assurance Agency (HKQAA), providing a unified set of guidelines on hygiene and anti-epidemic measures for tourism-related industries. The … Continue reading Hong Kong safe destination with new hygiene protocols
ESPRIT expecting net loss of 3.9 billion HK$
Hong Kong – Esprit Holdings, the Hong Kong-listed casual fashion brand, is expected to report a net loss of about 3.9 billion Hong Kong dollars ($503 million), according to a profit warning issued last month. Esprit’s troubles began years before … Continue reading ESPRIT expecting net loss of 3.9 billion HK$
Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Shanghai/Mainz – Shanghai Fosun Pharmaceutical which aims to bring German partner BioNTech’s coronavirus vaccine to China by the end of the year, has inked an agreement with a distributor to potentially supply 10 million doses to Hong Kong and Macau. … Continue reading Shanghai’s Fosun Pharma to supply 10 million doses of vaccine
Coronavirus: Fourth wave could be in store for Hong Kong
Hong Kong – Hong Kong could face a fourth wave of Covid-19 infections in the autumn and winter season, and while disruptions to normal life could persist for another six months to a year, even a speedy return to normalcy would … Continue reading Coronavirus: Fourth wave could be in store for Hong Kong
Carrie Lam: If you want Covid cash you must cut prices
Hong Kong – Hong Kong’s leader has said she will demand two of the city’s biggest supermarket chains give discounts to customers in return for financial support from the government.Chief Executive Carrie Lam Cheng Yuet-ngor pledges on Tuesday toe tie wage … Continue reading Carrie Lam: If you want Covid cash you must cut prices