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Hong Kongers piling into yuan at fast pace

Savings of US$25bil have been added in the past year ....

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Apple Daily's demise deals another blow to Hong Kong's battered reputation

By Michelle Toh, CNN Business Hong Kong has long been Asia's leading financial hub, straddling the West and China. But as Beijing tightens its grip on a ....

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HK businesses struggle for existence after Apple Daily

HK businesses struggle for existence after Apple Daily
26 Jun 2021, 17:27 GMT+10
Beijing [China], June 26 (ANI): With closure of Apple Daily, a pro-democracy newspaper in Hong Kong, businesses including tech, media and banks are in fear of the possible end of their businesses in the city as China tightens its grip on a city.
Michelle Toh from CNN in her report said that Hong Kong has for decades been a critical hub for foreign businesses looking to engage with China. While Beijing largely regulates how overseas companies do business in the mainland, Hong Kong offered them the ability to operate without heavy restrictions on investment and other operations. ....

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Tech, media, banks in HK fear end to business after Apple Daily closure

With closure of Apple Daily, a pro-democracy newspaper in Hong Kong, businesses including tech, media and banks are in fear of the possible end of their businesses in the city as China tightens its grip on a city.
Michelle Toh from CNN in her report said that Hong Kong has for decades been a critical hub for foreign businesses looking to engage with China. While Beijing largely regulates how overseas companies do business in the mainland, Hong Kong offered them the ability to operate without heavy restrictions on investment and other operations.
Media organizations have traditionally had greater freedom in Hong Kong than in the mainland, where Beijing s state-run publications are omnipresent and where foreign outlets have strict rules to follow on how they employ journalists. Tech firms, too, face major roadblocks in mainland China, with companies like Google effectively cut out altogether. ....

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Tech, media, banks in Hong Kong fear end to their business after Apple Daily closure

Tech, media, banks in Hong Kong fear end to their business after Apple Daily closure
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

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