UK lawmakers urge sanctions over Hong Kong police violence

A report by members of the bipartisan All Party Parliamentary Group on Hong Kong said first aid workers, doctors and nurses, have been subjected to intimidation, threats, physical violence and arrests during months of clashes between police and protesters that began in the semi-autonomous Chinese city last year.

Trump says U.S. action on Hong Kong likely to boost U.S. exchanges

“For freedom, we gave them tremendous incentives … they took massive business away from the New York Stock Exchange, Nasdaq, all of our exchanges,” Trump said in an interview with Fox News. “We’ve now taken that all back, Hong Kong will not be a successful exchange anymore … we’re going to make a lot more […]

FrieslandCampina Launches New Organic Milk Formula Organic FRISO PRESTIGE® BIO in Hong Kong

The pandemic has changed not only the way consumers select the products, but also how they shop. According to Nielsen[7], over 50% of the people interviewed would shop online more frequently than 6 — 9 months before the pandemic and over one third would shop less often at grocery and convenience stores. Such behaviour is […]

Hong Kong’s business activity contracts further in July amid resurgence of COVID-19 infections: survey

The report showed that new orders declined at a steeper rate during July and firms, in turn, scaled back their purchasing activity substantially, resulting in a sharp fall in inventories. Business confidence deteriorated further, with rising concerns over the adverse impact of a new wave of COVID-19 cases on the economy.

China says self-confessed spy defector is fraudster

The Nine Network newspapers reported that Chinese defector Wang “William” Liqiang has given Australia’s counterespionage agency inside intelligence on how Beijing conducts its interference operations abroad and revealed the identities of China’s senior military intelligence officers in Hong Kong.

Gross interference in Hong Kong affairs undermines “one country, two systems”: Chinese FM

China is committed to the policy of “one country, two systems,” Wang reiterated, saying that with the strong support from the mainland, an improved legal environment, and the united efforts of the Hong Kong compatriots, China can surely uphold and better implement the policy of “one country, two systems.”

HKSAR gov’t strongly opposes so-called report by Britain’s all-party parliamentary group on Hong Kong

“Between June last year and early this year, Hong Kong was haunted by the ever-escalating violence. The public transport system was extensively damaged and shops maliciously attacked. An innocent man was killed by rioters, another seriously burnt and hundreds of frontline police officers injured. Cases involving explosives and firearms were uncovered every now and then, […]

China’s Ganfeng Lithium buys 6.9% stake in cobalt firm Tengyuan

cobalt firm Ganzhou Tengyuan Cobalt New Material for 300.12 million yuan ($42 million).The move marks Ganfeng’s first investment in production of cobalt, which – like lithium – is a key ingredient in rechargeable batteries for the electric vehicle industry, now booming around the world.Ganfeng said in a filing to the Hong Kong stock exchange that […]

HSBC bet the bank on China. It’s in big trouble if tensions escalate

It’s not entirely clear how and whether China would retaliate against HSBC, though media in the country has suggested that the firm’s business in China could face consequences. The state-run tabloid Global Times, citing “Chinese observers,” recently floated the idea that the bank’s connection to the US criminal case against Huawei could land it in […]

Australian Prime Minister: War Between America and China No Longer Inconceivable

“We have to take an optimistic attitude but not an unrealistic or naïve attitude. We’ve got to set out and wed ourselves to the objectives here and that is not the suppression or containment of any one state, it’s about the productive and strategic balance that can be achieved,” he added.