Investment banks argue Hong Kong's proposed SPAC rules are too rigid -sources

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Hong Kong to further tighten COVID-19 travel restrictionsHONG KONG: Hong Kong will tighten coronavirus travel restrictions to bring it more into line with the Chinese mainland, its leader said on Tuesday (Oct 26), as the city extended its streak of more than two months without a major local outbreak. The announcement came despite concerns from the international Glad that Singapore scrapped that travel bubble arrangement with the insane regime. Hong Kong is no longer an open, global partner to work with. CCP puppets in HongKong must follow closely their boss in Beijing. I can tell u Carrie Lam won't back down if Xi doesn't give the green light! Better relocate ur office elsewhere! StandWithHongKong BoycottChina BoycottBeijing2022 The Hong Kong government just wants to please its Beijing masters. Pathetic.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Amnesty International to shut Hong Kong officesRights group Amnesty International will shut its offices in Hong Kong by the end of this year.That decision was driven by Hong Kong's national security law.In a statement on Monday (October 25), the group said the China-imposed law has, quote, 'made it effectively impossible for human rights organizations in Hong Kong to work freely and without fear of serious reprisals from the government.'In the past, Hong Kong had served as one of Asia's leading NGO hubs, with groups drawn to its robust rule of law and autonomy that was promised for Hong Kong after the control of the former British colony was returned to Beijing in 1997. But since the implementation of the security law last year, authorities have crushed a once vibrant civil society, and curbed free speech and protests.At least 35 prominent groups have disbanded, including several leading trade unions, NGOs and professional groups. While some groups have relocated to Taiwan, others are urgently shredding files and deleting photos and online material, fearing even once-innocuous details could be used against them under Hong Kong's evolving security regime.Hong Kong and Chinese authorities say the national security law enshrines individual rights, justifying the laws as necessary to restore stability after mass protests in 2019 when millions took to the streets over many months.There was no immediate response from the Hong Kong government to a Reuters request for comment.
Source: YahooSG - 🏆 3. / 71 Read more »

Australia asks why Hong Kong considers lobsters national security riskAustralia said it is seeking answers from China on why its lobster exports have been blocked, after a top Hong Kong customs official said Beijing had imposed trade restrictions and lobster smuggling was a national security matter. Almost all of Australia's exports of the live seafood, prized at Chinese banquets for its red colour, went to mainland China until diplomatic tensions in 2020 saw a series of unofficial trade hurdles imposed by Beijing on Australian produce. Exports of lobsters to Hong Kong then soared - Hong Kong and Australia have a separate free trade deal - with some of the live seafood finding its way to mainland cities. Deal with it kangaroo
Source: YahooSG - 🏆 3. / 71 Read more »

These are Hong Kong’s hidden culinary spots Michelin-starred chefs love to visitFrom a fishing village to a vegetarian restaurant, here’s a look at some of the favourite places Hong Kong’s famous chefs visit for an authentic experience. Time to take notes. In partnership with Hong Kong Tourism Board.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Covid isolation hurting Hong Kong's reputation: industry groupHong Kong's decision to pursue a zero-Covid strategy and maintain some of the world's strictest quarantine measures is hammering the city's business reputation, the top lobby group for financial firms in the city said Monday.
Source: YahooSG - 🏆 3. / 71 Read more »

Asset manager Tikehau Capital applies to list SPAC on SGX -sourcesSINGAPORE :European asset manager Tikehau Capital has applied to list a special purpose acquisition company (SPAC) on the Singapore Exchange, three sources with knowledge of the matter said on Wednesday.Several funds, including Singapore state investor Temasek-backed Vertex Holdings, are also planning to list
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »