Hong Kong–Mainland China conflict

RISE conference is leaving Hong Kong for Kuala Lumpur, Malaysia

Retrieved on: 
Thursday, December 3, 2020

The event will now take place as an in-person conference in Kuala Lumpur, after five successful years in Hong Kong.

Key Points: 
  • The event will now take place as an in-person conference in Kuala Lumpur, after five successful years in Hong Kong.
  • "We are extremely grateful for the support the city of Hong Kong has given RISE over the last five years.
  • We have thoroughly enjoyed building RISE to what it is today in Hong Kong, and have made some long-lasting friends in the city.
  • In the words of the Financial Times, Web Summit is "the world's largest tech conference", and the Telegraph calls it the "planet's 'best' tech conference".

Hong Kong Trade Development Council welcomes economic support measures in 2020 Policy Address

Retrieved on: 
Wednesday, November 25, 2020

HONG KONG, Nov 25, 2020 - (ACN Newswire) - Chairman of the Hong Kong Trade Development Council (HKTDC) Dr Peter KN Lam welcomed the economic support measures to help Hong Kong's small-and-medium sized enterprises (SME), unveiled in the Chief Executive's Policy Address today.

Key Points: 
  • HONG KONG, Nov 25, 2020 - (ACN Newswire) - Chairman of the Hong Kong Trade Development Council (HKTDC) Dr Peter KN Lam welcomed the economic support measures to help Hong Kong's small-and-medium sized enterprises (SME), unveiled in the Chief Executive's Policy Address today.
  • We welcome the economic support measures in the Policy Address that can help Hong Kong businesses overcome these challenges.
  • For Hong Kong SMEs facing cash flow issues, cancelling the double stamp duty for non-residential property will provide them with more flexibility in their finances.
  • The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade.

Hong Kong: Declaration by the High Representative on behalf of the EU on the disqualification of Members of the Hong Kong Legislative Council

Retrieved on: 
Friday, November 13, 2020

Under this decision, Members of the Legislative Council can be immediately disqualified by the executive without any due process, right of appeal or involvement of the judicial authorities.

Key Points: 
  • Under this decision, Members of the Legislative Council can be immediately disqualified by the executive without any due process, right of appeal or involvement of the judicial authorities.
  • The Hong Kong Government immediately declared four sitting pan-democrat lawmakers to have been disqualified under the decision.
  • These latest steps constitute a further severe blow to political pluralism and freedom of opinion in Hong Kong.
  • We call for the immediate reversal of these decisions by the authorities in Beijing and Hong Kong Government and for the immediate reinstatement of the Legislative Council members.

Canada announces immigration measures supporting Hong Kong residents and Canadians in Hong Kong

Retrieved on: 
Thursday, November 12, 2020

This announcement also supports the commitments made by the Government of Canada to maintain the many connections between Canada and Hong Kong in response to the Chinese government's imposition and implementation of the national security law in Hong Kong on June 30, 2020.

Key Points: 
  • This announcement also supports the commitments made by the Government of Canada to maintain the many connections between Canada and Hong Kong in response to the Chinese government's imposition and implementation of the national security law in Hong Kong on June 30, 2020.
  • Canada is also introducing new measures to expedite documents for Canadians and Canadian permanent residents in Hong Kong, to speed up processing of permanent residence applications, including family sponsorship, which will benefit Hong Kong residents, and to encourage Hong Kong youth to study or work in Canada.
  • "The people-to-people ties between Canada and Hong Kong are strong and deep, and these new measures celebrate those long-standing relationships.
  • This community, along with the significant number of Canadians of Hong Kong descent in Canada, plays an important role in building vibrant bilateral relations.

New Oriental Launches Hong Kong Initial Public Offering

Retrieved on: 
Wednesday, October 28, 2020

The Offering initially comprises 510,600 new Shares under the Hong Kong Public Offering and 7,999,400 new Shares for the International Offering, representing approximately 6.0% and 94.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment option.

Key Points: 
  • The Offering initially comprises 510,600 new Shares under the Hong Kong Public Offering and 7,999,400 new Shares for the International Offering, representing approximately 6.0% and 94.0% of the total number of Shares in the Offering, respectively, subject to re-allocation and over-allotment option.
  • Subject to the level of any oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the prospectus issued in Hong Kong, the total number of shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 2,042,400 new Shares, representing 24.0% of the Offer Shares initially available under the Offering.
  • The offer price for the Hong Kong Public Offering (the "Hong Kong Offer Price") will be not more than HK$1,399.00 per Share (the "Maximum Offer Price").
  • The Hong Kong Public Offering will commence at 9:00 a.m. on Thursday, October 29, 2020 Hong Kong time and will close at 12:00 noon on Tuesday, November 3, 2020 Hong Kong time.

Hong Kong Construction Market, 2015-2019 & 2020-2024 - Already in a Dire State Prior to the COVID-19 Outbreak, and the Situation Has Worsened Amid the Pandemic - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 25, 2020

The "Construction in Hong Kong - Key Trends and Opportunities to 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Hong Kong - Key Trends and Opportunities to 2024" report has been added to ResearchAndMarkets.com's offering.
  • Hong Kong's construction industry was already in a dire state prior to the COVID-19 outbreak, with output contracting by 9.3% in 2019, and the situation has worsened amid the pandemic, with renewed tensions following political interference from China.
  • The US government's trade war with China and the removal of Hong Kong's special status is expected to decrease investment in the construction industry.
  • It provides:
    Historical (2015-2019) and forecast (2020-2024) valuations of the construction industry in Hong Kong, featuring details of key growth drivers.

Safeguarding national security, restoring prosperity and stability in Hong Kong

Retrieved on: 
Wednesday, July 8, 2020

Hong Kong is a special administrative region of China, and the Chinese government has the power to safeguard national security there.

Key Points: 
  • Hong Kong is a special administrative region of China, and the Chinese government has the power to safeguard national security there.
  • Since its return to the motherland, Hong Kong has retained its capitalist system, and implemented the policies of "the people of Hong Kong governing Hong Kong" and a high degree of autonomy.
  • To end the chaos and restore peace and stability in Hong Kong, the central government had to "tailor" the national security law for Hong Kong.
  • The law on safeguarding national security in Hong Kong does not end the policy of "one country, two systems."