News Analysis Beijing’s latest national Mandarin language policy targets Hong Kong and Macao as indicated in a recently published article by the regime’s State Council. Subsequently, at least one radio station canceled its Cantonese programs. Public opinion raises concern over cultural extinction. Cantonese is a popular dialect in southern China, even an official language in…
Global Stocks Higher as Investors Await US Inflation
December 9, 2021
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BEIJING—Global stocks were mostly higher Thursday as investors waited for U.S. inflation data that might influence the Federal Reserve’s decision on when to roll back economic stimulus. London and Frankfurt opened higher while Tokyo declined. Shanghai, Hong Kong, and Seoul also advanced. Wall Street futures were lower after stocks rose for a third day Wednesday…
Jimmy Lai, 2 Other Hong Kong Activists Convicted Over Tiananmen Square Massacre Vigil
Hong Kong pro-democracy media tycoon Jimmy Lai and two other prominent pro-democracy activists were convicted on Thursday for their participation in a Tiananmen vigil in June 2020. Lai, as well as rights lawyer Chow Hang-tung and former opposition politician and former journalist Gwyneth Ho, were found guilty of unauthorized asssembly charges over the vigil. Hong…
ATO Wins High Court Case Against Alleged CCP Influencer Huang Xiangmo
December 8, 2021
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Australia’s High Court reinstated a worldwide freezing order on Chinese billionaire political donor Huang Xiangmo over his $140 million tax bill, which has been pursued by the Australian Taxation Office (ATO). Huang Xiangmo is a controversial figure in Australia after news that Australia revoked his permanent residence visa in 2019 caused widespread media coverage. Among…
World Shares Mostly Higher as Virus Fears Ease
December 8, 2021
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BANGKOK—Stocks advanced Wednesday in Asia after another broad rally on Wall Street as investors wagered that the new variant of the COVID-19 virus won’t pose a big threat to the economy. Shares rose in Paris, London, Tokyo, and Shanghai but fell in Frankfurt as Germany’s parliament elected Olaf Scholz as the country’s ninth post-World War…
Global Stocks Follow Wall Street Higher as Virus Fears Ease
December 7, 2021
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BEIJING—Global stock markets followed Wall Street higher Tuesday as anxiety about the coronavirus’s latest variant eased and China reported stronger November trade figures than expected. London and Frankfurt opened higher. Shanghai, Tokyo, and Hong Kong advanced. Oil prices rose more than $1 a barrel for a second day. Wall Street futures were higher after the…
Didi’s New York Exit a Further Blow to Chinese Listings in US
December 7, 2021
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HONG KONG/SINGAPORE—Ride-hailing giant Didi Global’s plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ listings in the world’s most liquid market, bankers and advisers said. Chinese listings in the United States have fallen sharply since Didi debuted in New York on June…
Didi’s New York Exit a Further Blow to Chinese Listings in US: Bankers and Advisers
December 7, 2021
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Business & EconomyChinaChina Business & EconomyCompaniesDidiHK BusinessHong KongMarketsNew York Stock ExchangeU.S. government
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HONG KONG/SINGAPORE—Ride-hailing giant Didi Global’s plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ listings in the world’s most liquid market, bankers and advisers said. Chinese listings in the United States have fallen sharply since Didi debuted in New York on June…
O’Toole Urges Canada to Join Allies in Diplomatic Boycott of Beijing Olympics
December 6, 2021
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Canada should join its allies in a diplomatic boycott of the 2022 Beijing Winter Olympics in protest of the Chinese communist regime’s human rights abuses, Conservative leader Erin O’Toole said on Dec. 6. O’Toole said he has been speaking with Canadian Olympic Committee athletes and representatives on how to express “our profound displeasure with the…
One Suspected Omicron Case Gets Cook Islands Added to Hong Kong’s List of High-Risk Countries
In less than a week, Hong Kong authorities added 12 more countries to its list of high-risk places, including Cook Islands, a small South Pacific country that announced its first ever case of COVID-19. In a statement released on Dec. 3, Prime Minister Mark Brown announced Cook Islands, a nation of about 17,600 people, had…
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