Hong Kong experiences yet another exodus as ‘zero-Covid’ stance bites February 28, 2022 Hong Kong is experiencing yet another exodus as a result of Beijing’s tough ‘zero-Covid’ stance, as outbound flights hit a new pandemic-era record. Major airlines saw a surge in bookings from Hong Kong last week, Bloomberg first reported, despite the global financial hub’s so-called ‘draconian’ Covid-19 restrictions. The city has already seen its population shrink [...]
UK’s Hong Kong visa scheme extended to include ‘youngsters born after 1997’ February 24, 2022 The government has today widened the parameters of its visa scheme for Hong Kong residents who wish to leave the city, following calls saying it had abandoned younger citizens. The British National (Overseas) immigration route was introduced last year to help resettle Hong Kong citizens in the UK, after Beijing’s crackdown on the former British [...]
Hitting the wrong note: Hong Kong official resigns after attending karaoke bash January 31, 2022 Hong Kong’s home affairs secretary has resigned after he broke the city’s tough “zero-Covid” guidelines to attend a karaoke party. Caspar Tsui attended the bash alongside 14 other senior officials including the police and immigration chiefs, as well as pro-Beijing lawmakers. Hong Kong enforced heavier restrictions following a new Omicron outbreak in the city. Hong [...]
Hong Kong’s ‘draconian’ travel restrictions push out corporate expats, says report January 19, 2022 Hong Kong may see even more residents pack their bags, with 44 per cent of Hong Kong expats saying they may leave over the city’s travel restrictions, a new report has revealed. Some 26 per cent of businesses in the global financial hub are also thinking of relocating, the American Chamber of Commerce in Hong [...]
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 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.