HONG KONG—Hong Kong’s government is facing growing pressure from business lobby groups to open borders or risk losing executives and investments as it shows no sign of easing one of the world’s strictest quarantine programs. Working on billion-dollar deals while locked in hotel rooms for three weeks is becoming common for bankers in Asia’s financial…
Hong Kong’s Strict Quarantine Rules Threaten to Erode Allure of Financial Hub
Major Pro-Beijing Newspaper Registers as Foreign Agent in US
August 26, 2021
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A major pro-Beijing newspaper has registered its U.S. subsidiary as a foreign agent after being compelled to by the Justice Department, as Washington steps up scrutiny of Chinese influence efforts in the United States. Sing Tao U.S., whose parent company operates Hong Kong’s oldest newspaper, distributes newspapers in New York, San Francisco, and Los Angeles….
China’s Planned Anti-Sanctions Law for Hong Kong Unsettles Financial Sector
HONG KONG—Global banks and other financial institutions in Hong Kong are scrambling to find out details of China’s planned imposition of an anti-sanctions law on the city, and trying to understand how it could impact their operations in the financial hub. Beijing adopted a law in June under which individuals or entities involved in making…
Dr. Ed Feulner: Uncertain Future of Hong Kong’s Businesses; How It May Trigger US–China Decoupling
August 16, 2021
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Beijingbeyond the noisebeyond the noise channelbeyond the noise davidbeyond the noise newsbeyond the noise podcastbidenBusiness & EconomyCCPChinaChina Human RightsChinese Communist Partycommunismdavid zhangdemocracyDonald TrumpDr. Edwin Feulnerdraconian lawHK BusinessHK Current AffairsHong KongHong Kong LawHong Kong Umbrella MovementJoe BidenNational SecurityNews VideosOpinionPeople in Hong KongTalking Points with David ZhangTrumpUSUS and ChinaUS and China warus latest newsUS politicsus vs chinaUS-China relationsUSA Today
The financial sector of Hong Kong, once a glorious city, is an important part of the global economy. But the Chinese Communist Party (CCP) broke its 50-year promise for Hong Kong to remain free. This comes as Hong Kong passed a draconian law last year allowing Beijing to fully dictate the rule of law in Hong…
Expert Shares Analysis on Hong Kong’s Economic Data after US Warning on Business Risks
After the U.S. State Department on July 16 issued a warning for multinational companies in Hong Kong, reminding firms that the current situation in Hong Kong will likely negatively affect their operations, a Hong Kong economist and financial columnist said that even if the notice was not issued, most companies would have already made preparations….
US Issues Advisory to Businesses Warning of Hong Kong Risks
WASHINGTON—The Biden administration on Friday issued an advisory to warn U.S. businesses about risks to their operations and activities in Hong Kong after China’s imposition of a new national security law there last year. The advisory from the departments of State, Treasury Commerce, and Homeland Security warns businesses in Hong Kong that they are subject…
Hong Kong’s Parking Space Sells for $1.53 Million at Mount Nicholson
In Hong Kong, every inch of land is as expensive as gold. Parking spaces can sell for as much as you would pay for a luxury home. Recently, a Mount Nicholson parking space sold for $1.53 million—the same cost of a 2-bedroom flat in Taikoo Shing (a private residential development in Hong Kong). In May,…
Hong Kong’s Apple Daily To Close in 3 Days
Apple Daily, regarded as among the few independent media outlets in Hong Kong, will close by June 26 after police froze assets linked to the paper and arrested its executives. The board of directors of Next Digital, Apple Daily’s parent company, announced on Wednesday that it “regrets to announce” the decision to cease operations of…
Hong Kong’s Apple Daily To Print Last Edition on Thursday
Apple Daily, regarded as among the few independent media outlets in Hong Kong, will halt its operations by midnight tonight with its last print edition on Thursday, after police froze assets linked to the paper and arrested its executives. The popular daily tabloid made the announcement shortly after the board of directors of Next Digital,…
Taiwan Says Hong Kong Tycoon Asset Freeze a Warning to Global Investors
May 15, 2021
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TAIPEI—Taiwan warned on Saturday that Hong Kong’s decision to freeze assets belonging to jailed media tycoon Jimmy Lai was a sign to the international community that doing business in the Chinese-controlled city was becoming increasingly risky. The asset freeze, announced on Friday, includes all shares in his company, Next Digital—the first time a listed firm…
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