Global foreign ministers express ‘grave concern’ over Hong Kong election December 20, 2021 Global foreign ministers have today expressed their “grave concern” over the Hong Kong election which saw pro-Beijing candidates dominate. In a joint statement, foreign minister Liz Truss, alongside her Australian, Canadian, New Zealand and US counterpart, added that Hong Kong’s electoral system overhaul has “eliminated any meaningful political opposition”. The election had already seen a [...]
What is next for Hong Kong’s stock market? December 10, 2021 | City Talk The Hang Seng Index is down close to 12.8% year to date. What lies ahead, as fears about Omicron dog markets? Hang Seng Index – what is weighing on the index? Year to date (YTD), the Hang Seng Index remained in the red with -12.8% total return, largely trailing behind its global peers such as Nikkei’s 4.1% [...]
Peng Shuai: WTA suspend tournaments in China over tennis star December 1, 2021 The Women’s Tennis Association (WTA) have this evening suspended all WTA tournaments in China and Hong Kong over Peng Shuai’s sexual assault allegations and the events which subsequently followed. In a statement, WTA chief executive Steve Simon said: “With the full support of the WTA Board of Directors, I am announcing the immediate suspension of [...]
MPs amend bill to offer young Hong Kongers simpler path to UK citizenship November 28, 2021 MPs look to help young adults from Hong Kong with British National Overseas (BNO) status find a pathway to UK citizenship.
British Airways suspends flights to Hong Kong after crew members sent to quarantine November 28, 2021 British Airways has suspended flights to Hong Kong as it has been reported more crew members have been forced into government quarantine. The airline said it had temporarily halted flights while it reviewed “operational requirements” for the route. It would be in touch with customers who had planned trips to Hong Kong, “to give them [...]
Hong Kong sentences third and youngest person under national security law November 23, 2021 The third and youngest person has been sentenced in Hong Kong under the Beijing-imposed national security law.
Fedex to ditch Hong Kong base over strict Covid quarantine rules November 17, 2021 Fedex has announced plans to relocate pilots based in Hong Kong overseas as a result of the territory’s tough Covid rules. The move undermines Hong Kong’s position as a global logistics hub and reflects the longevity of its stringent quarantine measures. “As the global business environment continues to evolve and with the pandemic requirements in [...]
Hong Kong passes new film censorship law October 27, 2021 Hong Kong has banned films that run contrary to the interests of a Beijing-drafted national security law.
Hong Kong ousting over 50 opposition councillors ‘deeply concerning’, says Truss October 21, 2021 Hong Kong’s home affairs chief has unseated another 16 opposition district councillors today, bringing the total ousted local politicians to more than 50. Newly appointed foreign secretary Liz Truss has condemned the actions, calling the move “deeply concerning”, as the political climate in the former British colony remains unstable. “It is deeply concerning that 55 [...]
Helena Morrissey criticises HSBC and City of London as she calls for dump of China stock October 5, 2021 City insider Baroness Helena Morrissey has called on investors to ditch their stakes in Chinese companies due to the accusations of human rights abuses in the country. Morrissey, a chair for AJ Bell, also criticised HSBC and the City of London Corporation for their stance on China, as the bank alongside Standard Chartered, had last [...]