Sunday, March 29, 2020
More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city's main retailing group said. About 7,000 licensed retail establishments out of 64,000 in the Asian...
Alibaba unveils Hong Kong secondary listing plan, in vote of confidence Alibaba Group Holding, the record holder of the largest global initial public offering, has unveiled a secondary listing plan in Hong Kong, in a vote of confidence for the local financial market as the worst political crisis in the...
Hong Kong pledges fresh aid of US$255 million to boost battered city Hong Kong’s government has announced an extra allocation for the city battered by political unrest and facing its first recession in a decade. Massive and violent anti-government protests over the past five months have shaken Hong Kong's reputation...
Major tourist, shopping and residential areas of Hong Kong resembled ghost towns on Tuesday, with nearly all stores and restaurants shutting for citywide anti-government protests on National Day. Retail was brought to a virtual standstill in the global commercial hub as more than 25 shopping centres lowered their shutters fearing...
The Hong Kong government has spent HK$7.4 million so far on a global advertising campaign aimed at reassuring foreign investors and visitors the city was still safe despite months of protest chaos. Industry experts said the official campaign had lost out to a similar drive by the protesters who have...
A Malaysian programme to attract wealthy foreigners to live in the country has drawn 251 applications from Hong Kong residents this year, compared with 193 approved last year from the Chinese-ruled city, a government official said. Property consultants said interest in the “Malaysia My Second Home” (MM2H) initiative has surged...
The Chinese government has revealed plans to boost the economic prowess of the mainland city of Shenzhen, taking over from Hong Kong, which has been China’s economic powerhouse ever since it was relinquished by the British. Shenzhen was formerly a quiet and sleepy fishing village, but it has since been...
Cathay Pacific CEO Rupert Hogg resigns in midst of Hong Kong protest controversy Cathay Pacific CEO Rupert Hogg resigned on Friday, ending a stormy week for the Hong Kong flag carrier after it was rebuked by Beijing over the participation of some of its employees in the city's festering anti-government...
Hundreds of people have joined a mass sit-in at Hong Kong International Airport Friday evening in a fresh round of anti-government protests designed to secure international backing for the movement. Organisers were expecting thousands to show up, and hoped police would respect what they said would be a peaceful...
Cathay Pacific reports profit but warns of Hong Kong protests impact Hong Kong's flagship airline Cathay Pacific warned Wednesday that increasingly violent protests in the financial hub had hit booking demand. Announcing interim results that showed the airline in the black after huge losses in the first half of last year,...
Thousands of Hong Kong lawyers stage rare protest urging end to political prosecutions during anti-gov’t demos Thousands of legal sector professionals staged their second “black clothes” march in two months urging for an end to political prosecutions, for the Department of Justice to retain its independence and for the government...
China's central government warned Hong Kong protesters today that they should not underestimate "the immense strength of the central government". At a media briefing in Beijing, Yang Guang, spokesman for the Hong Kong and Macao Affairs Office of the State Council, also said "those who play with fire will perish...

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