At the WTO’s closed-door meeting on Monday, the Hong Kong delegation argued the decision was blatantly discriminatory and failed to recognize that Hong Kong is a separate customs territory and a WTO member in its own right,” according to the South China Morning Post, who has offices in the city. The representative said the labeling places an “unnecessary burden” on Hong Kong businesses as well as causing “confusion and concern” for consumers and markets. They also argued that Hong Kong is - in and of itself - its own “brand”. … [Read more...] about US Torpedoes WTO Panel on ‘Made in China’ Labels for Hong Kong Products
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Hong Kong Disneyland Sets Reopening Date With Limited Attendance, Social Distancing Guidelines
“We are proud to be part of the Hong Kong community, which has worked hard and shown fortitude in how it has handled the pandemic,” said Young in a statement. “As we carefully welcome guests back to our park, we will draw on the learnings from the recent reopening of Shanghai Disney Resort and Disney Springs at Walt Disney World. Similarly, we will also implement new and enhanced health and safety measures following the guidance of our local government and health care officials.” … [Read more...] about Hong Kong Disneyland Sets Reopening Date With Limited Attendance, Social Distancing Guidelines
Kuaishou to raise about $5b in Hong Kong IPO
Kuaishou is among the most widely used social platforms in China with 305 million average daily active users and 769 million average monthly active users of Kuaishou's apps and mini programs in China for the nine months ending Sept 30, 2020, the company said. … [Read more...] about Kuaishou to raise about $5b in Hong Kong IPO
Hong Kong approves emergency use of Fosun Pharma-BioNTech vaccine
HONG KONG, Jan. 25 (Xinhua) -- Hong Kong has given nod to the emergency use of the mRNA COVID-19 vaccine developed by Fosun Pharma and BioNTech, and the first one million doses are expected to arrive in Hong Kong in late February. … [Read more...] about Hong Kong approves emergency use of Fosun Pharma-BioNTech vaccine
2,939 new Teslas were registered in Hong Kong in March—none in April
The number of Tesla registrations show that the market responded strongly in favor of Tesla in the months before the tax exemption reduction in April. In January 2017 and December 2016, new Tesla registrations were at just 168 in each month. In February that grew to 590 new registrations, and in March it exploded to 2,939. … [Read more...] about 2,939 new Teslas were registered in Hong Kong in March—none in April
Hong Kong Arts Centre “Via North Point” Open Call for Creative Community Space Proposals
Calling all creative talents in town! Be An Imagineer!HONG KONG SAR - Media OutReach - 26 January 2021 - Have you ever thought about transforming your ideas into an art installation in urban community spaces? Here comes the chance! Organized by the Hong Kong Arts Centre ("HKAC") and funded by Urban Renewal Fund, "Via North Point", a public art and community initiative that carries the mission of urban revitalization would like to hear from you. Its Call for Creative Community Space Proposals ("Open Call") welcomes talents from all walks of life -- along with artists, creatives and architects -- to submit your proposal to breathe new life into the public spaces! … [Read more...] about Hong Kong Arts Centre “Via North Point” Open Call for Creative Community Space Proposals
Bytedance rival Kuaishou aims to raise up to $5.42 billion in Hong Kong IPO
Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters.The online video site, backed by Tencent Holdings, will price 365.2 million shares at between HK$105 and $HK115 apiece, the term sheet shows. Kuaishou did not immediately respond to a request for comment.There is a so-called greenshoe option to sell a further 54.78 million shares in the 30 days after listing that could take the total amount raised up to $5.7 billion to $6.2 billion.The IPO will value Kuaishou at between $55.6 billion and $60 billion, pre greenshoe, the term sheet showed. If the extra shares are sold it would take the market capitalisation to $56.3 billion to $61.7 billion.The company was valued at $30 billion after it raised $3 billion from backers in late 2019.Ten shareholders, led by Capital Group, have become cornerstone … [Read more...] about Bytedance rival Kuaishou aims to raise up to $5.42 billion in Hong Kong IPO
Innovative school finds right mix
It was designed to meet the growing need for a Hong Kong-style primary school as more people from across the border sought business or employment opportunities in Shenzhen, home to the nation's first special economic zone. … [Read more...] about Innovative school finds right mix
Icy blast sparks travel chaos: Mayhem on Britain’s roads as temperatures plunge to -9C overnight amid threat of MORE flooding later this week days after country was ravaged by Storm Christoph
A spokesperson for the Department for Environment, Food and Rural Affairs said: 'We know how flooding can devastate communities, which is why since 2015 a record figure of £2.6 billion has been invested in flood schemes, better protecting 300,000 homes, and over the next six years we are doubling that investment - £5.2 billion for 2,000 new defences to better protect a further 336,000 properties.' … [Read more...] about Icy blast sparks travel chaos: Mayhem on Britain’s roads as temperatures plunge to -9C overnight amid threat of MORE flooding later this week days after country was ravaged by Storm Christoph
Western Australian premier fears for the future of his mining-dependent state if Australia’s relationship with China keeps worsening
April 26: Chinese ambassador Cheng Jingye hints at a boycott of Australian wine and beef and says tourists and students might avoid Australia 'while it's not so friendly to China'. Canberra dismisses the threat and warns Beijing against 'economic coercion'. … [Read more...] about Western Australian premier fears for the future of his mining-dependent state if Australia’s relationship with China keeps worsening