Its weekly horse race meeting is one of the city’s biggest money makers. The turnover for the latest “Happy Wednesday” with no fans in the stands was almost $145 million ($1.1 billion HKD), down from $162 million ($1.3 billion HKD) one year ago. The club says the difference is due to the drop in cash […]
The former British territory is a conduit for fundraising, trade and investment between China and the rest of the world, through ports and financial markets. Bankers fly in and out to court institutional investors for initial public offerings of Chinese companies on New York and Hong Kong stock exchanges, and to inspect factories on the […]
Betting turnover on races from last Wednesday came in at 1.1 billion Hong Kong dollars ($140 million), according to the Jockey Club. This Wednesday is also the first time since Britain handed Hong Kong back to China in 1997 that a race has been canceled because of social and political unrest.
Mass protests erupted in China’s semi-autonomous region of Hong Kong in early June in response to a controversial bill that would allow extraditions to the mainland. Although the local parliament eventually announced that it had suspended the bill, people are continuing to protest, demanding that it be withdrawn completely. They also want the city authorities […]
The sentences sent a clear message that breaching quarantine orders is a criminal offense, the Hong Kong Special Administrative Region government said in a statement, stressing that compliance with quarantine orders is of paramount importance in Hong Kong’s fight against COVID-19.
Hong Kong stocks closed on a positive note Tuesday, in line with a broad Asia advance and following a rally on Wall Street, while investors welcomed a surprisingly strong factory activity report out of China.
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While strict isolation measures may seem appealing on the surface, Prof Blakely says there is more to the story. “The downside – and this is important – is that social distancing policies (with all their economic consequences and social disruption) will have to be in place for longer to achieve the same total number of […]
With the Junior Police Call Permanent Activity Center administered by the Hong Kong police being converted into a quarantine center and handed over to the Department of Health of the Hong Kong Special Administrative Region (HKSAR) government, Hong Kong currently has four quarantine centers with nearly 1,700 units in total, Wong said, adding that the […]
To ensure public and animal health, the AFCD strongly advises that mammalian pet animals including dogs and cats from households with persons confirmed as infected with COVID-19 should be put under quarantine in AFCD facilities, he added.