Tag: Hong Kong

Hong Kong Migrants Warn UK Government to Be Wary of CCP Infiltration

In early May, British MPs met some Hong Kong migrants who called on the UK government to watch out for infiltration from the Chinese Communist Party (CCP) that has threatened the safety of Hong Kong residents in the UK. On May 11, British Labor Party’s east and southeast Asian group presided over a meeting at…


Hong Kong’s New Wave of Emigrants

Since July 2020, at least 300,000 people have left Hong Kong. In the first three months of 2022, the number amounted to 140,000. An opinion poll by the Hong Kong Public Opinion Research Institute in late March this year shows that 24 percent of the respondents had plans of emigration. Among supporters of the pro-democracy camp,…


Hong Kong: The Complicated Way Forward For Pro-Establishment Supporters

The real wave of Hong Kong emigration will come this year and next year, in which 70 percent of emigrants will come from ”yellow” supporters (pro-democracy) and 30 percent from “blue” supporters (the pro-establishment camp), commented Professor Joseph Lian, an economist who had served as a senior advisor in Hong Kong’s Central Policy Unit, in…


The Return of the Cold War?

Commentary As the Russo-Ukrainian war enters its third month, Western countries’ sympathy and support for Ukraine has been increasing, and their awareness of the Russian threat has also been growing. Confrontation between the two camps has been escalating, reflecting a return of the Cold War. This confrontation has been adversely affecting the world as well….


The Glory Days of Hong Kong Are Definitely Gone

Commentary Throughout my long career as a hedge fund practitioner, I have participated in many major events, and witnessed blow-ups and turmoil that hit the financial markets. Such major events include the Asian Financial Crisis of 1997-98, the technology meltdown of 2000, the 9/11 terrorist attack incident in 2001, sub-prime crisis of 2007, and the…


The New “Politically Correct” History Exams in Hong Kong Give Little Room for Discussion

Some History teachers wished, that this year, the Hong Kong Diploma of Secondary Education (HKDSE) history examination, which took place last Saturday (May 14, 2022), could have returned to normal, after the examination questions last year deviated a lot from those of previous years. I told them this was only wishful thinking, as Iris Luk,…


Martyr of UFO Science

When this article is published, the US Congress UFO hearing will have been held. It is the second hearing of this type in US history, but to be more precise, it is the first UFO hearing aired live on the Internet. The political significance is that, unlike the first hearing in 1968, this event commands…


Hong Kong Monetary Authority Steps in to Defend Its Weak Currency Amid Capital Outflow

The Hong Kong dollar continues to weaken as the United States starts its interest rate hike cycle. To maintain Hong Kong’s linked exchange rate system, the Hong Kong Monetary Authority (HKMA) made five purchases of HK$17.586 billion ($2.24 billion) in five days. Market participants expect that Hong Kong may have a net outflow of $100…


HKMA Participates in China Central Bank’s Preparation of Countermeasures for US Sanctions

The Hong Kong Monetary Authority (HKMA) recently admitted that it’s been collaborating with China’s Central Bank on countermeasures for potential U.S. sanctions, a mutual geopolitical risk for both Hong Kong and mainland China. At a May 3 meeting in the Hong Kong Legislative Council, questions were raised about the geopolitical risks and the overall financial…


Father and Son Summit Mount Everest, 18-year-old Son is Youngest Hong Konger to Do So

Hong Kong mountain climbers Tsang Chi-shing (John) and his son Tsang Long-kit (Bob) successfully climbed the 8,849-meter-high (29,032.15 feet) Mount Everest, and were the first father-son pair from Hong Kong to successfully reach the world’s highest peak. This was the fourth time John climbed Everest, and Bob, at 18, set a record as the youngest…