Gauge went on the offer the share price of the stock went up by 2 percent after the boards rejection letter was published even after having risen 6 percent on the day before on reports that negotiations were in process bella seaboard letter expressed disappointment as well the hong kong decided to go public about the talks after just 2 days but the longer history of failed bids for the l. S. E. And up other similar planned International Stock exchange mergers suggest the basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. And as the talks of protests in hong kong have been raging much of the focus has been aimed at chinas extradition bill and understandably so however under reported in the wake of the turmoil has been climbing cost of living in the region recently our correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This i
Disappointment as well the hong kong decided to go public about the talks after just 2 days but the longer history of failed bids for the other similar planned International Stock exchange mergers suggest the basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. Then as the talks of protests in hong kong have been raging much of the focus has been aimed at chinas extradition bill and understandably so however under reported in the wake of the turmoil has been climbing cost of living in the region recently our correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This is the peak an area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires. Bankers and celebrities its areas like this one that make hong kong
Area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires bankers and celebrities its areas like this one that make hong kong one of the least affordable cities to live on earth internationally hong kong is known to be wealthy and prosperous but thats not the case for all its residents. One in 5 people is in poverty here and that number becomes one in 3 for the elderly and when it comes to housing over 200000 people live in what soco Hong Kong Social Services organization calls inadequate housing like these subdivided flat in a subdivided flat your bed is your living space kitchens and bathrooms are shared in this flat by 24 people some flats dont have kitchens and the rent is more expensive if you have your own toilet in hong kong the gap between the rich employs a bank seelye shan as a Community Organizer with sopo i think that the minute you. Step onto the 50
Basic structural challenges may have eventually sunk the deal even if hong kongs conditions an early disclosure of the talks had not become issues. Talks in hong kong have been raging much of the focus has been to chinas extradition bill and understandably so however underwood ported in the wake of the turmoil has been climbing costs of living in the region recently are 2 correspondent Michelle Greenstein was on the ground in hong kong where she documented the issue and filed this report. This is the peak an area notorious for its exclusivity since the British Colonial era and the single most expensive neighborhood in hong kong it overlooks the rest of the city and is home to billionaires bankers and celebrities its areas like this one that make hong kong one of the least affordable cities to live on earth internationally hong kong is known to be wealthy and prosperous but thats not the case for all its residents. One in 5 people is in poverty here and that number becomes one in 3 for