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Mar 5, 2015

China No 3 leader says more attention needed for Hong Kong young

HONG KONG, March 5 (Reuters) – China’s third-ranked leader
wants greater attention paid to young people in Chinese-ruled
Hong Kong, after they staged pro-democracy protests last year
that shut down parts of the city for two and a half months.

Zhang Dejiang, who heads China’s largely rubber-stamp
parliament, the National People’s Congress (NPC), said last
year’s “illegal acts” highlighted a need to focus on young
people and possibly revive the idea of a patriotic curriculum,
Hong Kong media said on Thursday.

Mar 5, 2015

China’s third-ranked leader says to pay more attention to HK youth

HONG KONG, March 5 (Reuters) – China’s third-ranked leader
wants greater attention paid to young people in Hong Kong, after
they staged pro-democracy protests last year that shut down
parts of the city for 2-1/2 months.

Zhang Dejiang, who heads China’s largely rubber-stamp
parliament, the National People’s Congress, said last year’s
“illegal acts” highlight an urgent need to focus on young people
and possibly revive the idea of a patriotic curriculum, Hong
Kong media said on Thursday.

Mar 3, 2015

Luxury shopping hub Hong Kong records worst retail sales since SARS

HONG KONG, March 3 (Reuters) – Hong Kong retail sales in
January slid 14.6 percent from a year earlier in their worst
showing since the Asian financial hub was routed by the severe
acute respiratory syndrome scare in 2003.

While a late Lunar New Year was partly to blame – the
holiday fell in mid-February this year but in January last year
- economists say protracted pro-democracy protests hurt tourism.

Feb 25, 2015

Esprit H1 profit halves, CEO says restructuring not to blame

HONG KONG, Feb 25 (Reuters) – Clothing retailer Esprit
Holdings posted a halving of first-half profit that
also missed analyst estimates, hit by unfavourable currency
rates and as sales slid on the closure of underperforming stores
and unseasonably warm weather in Europe.

Under Chief Executive Jose Manuel Martinez Gutierrez, the
Europe-focused company has launched a dramatic restructuring,
seeking to learn from the business model of his former employer
Inditex SA.

Feb 24, 2015

Mainland Chinese visits to Hong Kong drop amid tensions

HONG KONG (Reuters) – The number of mainland Chinese visitors to Hong Kong during the Lunar New Year holidays fell for the first time in about 20 years as they have felt increasingly unwelcome amid political unrest in the city.

The drop comes as Hong Kong’s leader Leung Chun-ying said he would raise the issue of large numbers of mainland Chinese visitors with Beijing at a parliamentary meeting next month.

Feb 22, 2015

Insight – Hong Kong ‘radicals’ up ante in democracy push against China

HONG KONG (Reuters) – Nearly three months after police cleared away the last of Hong Kong’s pro-democracy street protests, lingering anger is stoking a new front of radical activism that has turned shopping malls and university campuses into a fresh battleground.

While still relatively few in number, a cluster of outspoken groups have staged small but disruptive protests in recent weeks targeting mainland Chinese visitors – tapping a seam of grassroots resentment to call for greater Hong Kong nationalism and even independence from China.

Feb 22, 2015

Hong Kong “radicals” up ante in democracy push against China

HONG KONG, Feb 23 (Reuters) – Nearly three months after
police cleared away the last of Hong Kong’s pro-democracy street
protests, lingering anger is stoking a new front of radical
activism that has turned shopping malls and university campuses
into a fresh battleground.

While still relatively few in number, a cluster of outspoken
groups have staged small but disruptive protests in recent weeks
targeting mainland Chinese visitors – tapping a seam of
grassroots resentment to call for greater Hong Kong nationalism
and even independence from China.

Feb 17, 2015

‘Commie-loving Mainlanders’ targeted at Hong Kong’s top university

HONG KONG (Reuters) – A campus election at a top Hong Kong university degenerated into an acrimonious campaign against mainland Chinese candidates, highlighting simmering tensions two months after pro-democracy protests led by local students paralysed parts of the city.

Mainland students say they have always felt a distance from their local peers, but recent events in the Chinese-controlled city have fueled a burgeoning Hong Kong identity among many younger residents, alongside frustration and anger at Beijing.

Feb 6, 2015

China newspaper warns against “McCarthyism” at Hong Kong University

HONG KONG, Feb 6 (Reuters) – A Chinese state-backed
newspaper on Friday defended a mainland student running for
university office in Hong Kong against what it described as a
dangerous “McCarthyite trend” in the former British colony.

The Global Times invoked the language of U.S. Senator Joseph
McCarthy’s anti-Communist crusades of the 1950s to seek to
protect Eugenia Yip, who is running for social secretary of the
student union of the prestigious University of Hong Kong.

Feb 5, 2015

Valuable routes insulate TransAsia from grim crash record

Feb 5 (Reuters) – Even after two deadly crashes in seven
months, TransAsia Airways Corp will likely rebound
quickly as insurance covers any financial losses and its coveted
routes through Taipei’s downtown airport keep it popular with
business travellers.

Airline analysts said the carrier may have to offer
discounts to lure back passengers after Flight GE235 ended in at
least 31 fatalities on Wednesday. Amateur video from a car
dashboard camera showed the plane clipped a taxi and a bridge
before smashing upside down in a shallow river.

    • About Clare

      "I am based in New York and write about IPOs and wealth management. I was formerly based in San Francisco, where I wrote about tech companies."
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