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Thursday, Oct 29, 2020
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Sometimes the best way to make money is when most people say you are wrong and nuts.
Alibaba’s Co-Founder Lucy Peng to Get $5 Billion Richer on Ant IPO
Lucy Peng has been dubbed Alibaba Group Holding Ltd.’s most influential woman.
Axed Cathay Pacific staff snapped up by insurers, property agents
Hong Kong companies are racing to recruit cabin crew and ground staff let go by the flagship carrier in a move that may take some of the sting out of the city’s biggest ever cor...
Trump Organisation pressed on US president’s Chinese bank account
Democrat lawmakers want company to reveal name of financial institution and provide detailed accounting of transactions.
‘Eyes and ears everywhere’: Hong Kong police to launch national security hotline
Police national security unit set to open multi-platform channel as early as November to gather intelligence from the public, sources say.
Top court judges question short hair ‘convention’ for male prisoners
Chief Justice Geoffrey Ma says officials have offered no evidence to back the assertion that it is conventional for men to have short hair, but government lawyer Stewart Wong ca...
Meng’s lawyer accuses Canadian officer of lying in court about arrest
Lawyer Richard Peck rejected Constable Winston Yep’s testimony that safety concerns helped guide his decision to delay Meng’s arrest at Vancouver’s airport. Peck says the delay ...
Jack Ma is making history again with the Ant IPO, and getting even more wealthy while doing it
Billionaire tech tycoon Jack Ma is raising more than $34 billion in yet another record breaking IPO, further cementing his place in history as one of the world's great tech entr...
Flight attendants empty-handed after Cathay meeting; pilots look to government
Both groups of employees who survived last week’s massive lay-offs now face a November 4 deadline to accept new wage-slashing contracts, or be let go.
Coronavirus means less sex – for Chinese, Americans, British and now Turkish
Survey in Turkey suggests people are having sex less often – consistent with findings elsewhere – and are concerned about spreading Covid-19, researchers say.
Hong Kong leader to visit Beijing to discuss plans to revive economy
Hong Kong leader Carrie Lam will travel to Beijing next week for a three-day visit to discuss plans to revive the global financial hub’s economy which has been battered by the C...
Hong Kong Aircrew Officers Association Calls for Action by Hong Kong Labour Department over Cathay Pacific Restructuring
The Hong Kong Aircrew Officers Association (HKAOA) today requested action by the Hong Kong Labour Department over the recent restructuring of the airline by the Cathay Pacific G...
Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says
Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, accordi...
Ant Group closes Hong Kong book early due to strong demand for its record dual IPO
Ant Group will close its Hong Kong institutional book building process a day earlier than expected due to strong demand for its record initial public offering (IPO), a person fa...
HSBC's Hong Kong shares jump nearly 5% after third-quarter earnings beat estimates
HSBC's reported profit before tax was $3.07 billion in the third quarter, better than the $2.07 billion that analysts had expected, according to estimates compiled by the bank.
Four Hong Kong activists seeking asylum in US consulate ‘turned away’
The four ran up to talk to security guards, who allowed them inside the compound, but they not did to stay. Incident came after arrest of three others tied to now-defunct Studen...
Giving senior roles to mainland academics will damage HKU, students say
Installing the two professors who hold positions at Tsinghua University in Beijing will jeopardise academic freedoms, union says.
Cathay Pacific flight attendants threaten collective action over new contracts
Union says it has full support of membership and will ‘act fast’ if necessary after general meeting where some broke down in tears.
Digital yuan will not compete with WeChat Pay or Alipay
China’s digital yuan will not compete with private apps like WeChat Pay and Alipay, but it may have to contend with counterfeit digital wallets.
China wooing investors to Shanghai, with HSBC, Goldman answering
Central bank chief Yi Gang tells Bund Summit that the country’s focus on domestic economy does not mean it is shutting the door on the rest of the world.
Mandatory sex education amendment sparks debate on sexuality in China
From 2021, schools should conduct ‘age-appropriate sex education for minors’, helping them protect themselves against abuse and sexual harassment.
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