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Report: Mainland Chinese going back for Hong Kong real estate
KUALA LUMPUR (Aug 26): Mainland Chinese are returning to Hong Kong’s real estate market, according to a Bloomberg story based on a Colliers International Inc report.
Genting worst-hit KLCI stock on Genting HK's planned suspension of payments to creditors
KUALA LUMPUR (Aug 21): Casino and hotel operator Genting Bhd's share price fell more than 4% to become the worst-hit entity among the FBM KLCI's 30 stocks at Bursa Malaysia's afternoon break today after cruise ship operator Genting Hong Kong Ltd said on Wednesday (Aug 19) the company should temporarily suspend all payments to creditors to preserve liquidity.
Cross default unlikely in Genting group as Genting HK suspends payments to lenders
KUALA LUMPUR (Aug 21): News on Genting Hong Kong Ltd (Gent HK) opting to suspend payments to all creditors to preserve cash is expected to trigger a knee-jerk reaction to the share prices of its sister companies — Genting Bhd and Genting Malaysia Bhd (GENTM) on Bursa Malaysia, although the duo do not hold any equity stake in the Hong Kong-listed cruise operator.
Police raids Apple Daily offices hours after arrest of its founder, Jimmy Lai
HONG KONG (Aug 10): Over 100 police officers raided the offices of Hong Kong pro-democracy newspaper Apple Daily in Tseung Kwan O this morning, reported Hong Kong Free Press (HKFP).
Report: Hong Kong's Kwok family loses US$8b in a single year
KUALA LUMPUR (Aug 5): The Kwok family’s Sun Hung Kai Properties “has seen its fortune shrink by almost US$8 billion (RM33.
Genting HK warns of ‘significantly higher’ losses for 1H20
KUALA LUMPUR (Aug 4): Hong Kong-listed Genting Hong Kong Ltd has issued a profit guidance warning of a “significantly higher” net loss for the six months ended June 30, 2020 (1H20) versus the corresponding period in 2019, no thanks to the Covid-19 pandemic.
Malaysia overtakes Hong Kong in flexible workspace market
KUALA LUMPUR (July 30): Malaysia has overtaken Hong Kong in the flexible office space market, which has seen a third successive year of high growth.
Carrie Lam: Hong Kong 'on brink' of large-scale Covid-19 outbreak
KUALA LUMPUR (July 29): Hong Kong’s Chief Executive Carrie Lam yesterday announced that the city “on the brink of a large-scale outbreak” of Covid-19 and called on resident to stay at home as much as possible, reported Reuters.
Covid-19: Third wave scare continues in Hong Kong with eye clinic staff infections
KUALA LUMPUR (July 19): Three clerks in the Tuen Mun Eye Centre were among 64 new cases of Covid-19 detected in Hong Kong yesterday, the South China Morning Post (SCMP) reported.
Eason Chan staging online charity concerts this Saturday
PETALING JAYA (July 9): Hong Kong popstar Eason Chan has invited all to online concerts this Saturday to enjoy a musical performance at sunrise and sunset, Oriental Daily reported today.
