Hong Kong
China’s rich are moving their money to Singapore. Beijing’s crackdown is one of the reasons.
As Beijing pushes for “common prosperity” and political turmoil threatens Hong Kong, Singapore has become a safe harbor for some of the region’s wealthiest tycoons and their families. Wei Leng Tay | Bloomberg | Getty Images More and more wealthy Chinese are worried about keeping their money on the mainland and some see Singapore as […]
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Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. A “fragile” geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the bourse’s CEO […]
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How Hong Kong went from ‘zero-Covid’ to the world’s highest death rate
Healthcare workers wearing personal protective equipment transfer a patient from an ambulance to the emergency department as the body of a deceased patient arrives at an adjacent mortuary at the Queen Elizabeth Hospital in Hong Kong, China, on Tuesday, March 8, 2022. Lam Yik | Bloomberg | Getty Images Hong Kong’s worst outbreak of the pandemic didn’t […]
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