Hong Kong

2024 - 7 - 30

Hong Kong: Where Legal Battles, Biopharma Blues, and Ocean Wonders Collide!

Edgar Cheung - Fencing Rivalry - Hong Kong Olympics - International Relations - Pineapple Pizza Debate - Sotheby's - WuXi Biologics

Dive into the intriguing world of Hong Kong, where the courts, €73m operating losses, and vibrant marine life create a unique tapestry of stories!

In the bustling metropolis of Hong Kong, the legal framework draws heavily from its rich common law traditions. The city has developed a unique blend of East meets West, particularly evident in the legal arena following its return to Chinese sovereignty in 1997. As business booms and legal disputes intensify, avoiding entanglements in this intricate web of law becomes paramount for companies operating here. Understanding avoidance rights is crucial for safeguarding business interests and ensuring operation without undue legal hurdles.

One notable player in Hong Kong's biopharma scene is WuXi Biologics, which recently reported staggering operating losses of €72.6 million. As the Irish manufacturing arm of this Hong Kong-listed company grapples with financial woes, it brings to light the volatile nature of the biopharmaceutical industry. Investors and stakeholders keep a keen eye on the developments, as any turn of fortune could significantly impact the landscape of biopharma in the region.

Yet, it’s not all doom and gloom in this vibrant destination. With a staggering 1,000 kilometers of coastline, Hong Kong’s ocean economy is a hidden gem waiting to be explored. The city is home to 263 islands, offering not just stunning vistas but also incredible opportunities for tourism development. Imagine a future where the marine economy transforms your next holiday in Hong Kong into an adventure, through seaside activities, eco-tours, and culinary experiences that tap into the freshest seafood. As these elements unfold, they possess the potential to breathe new life into the tourism sector, elevating Hong Kong’s economic landscape.

However, alongside economic aspirations, there are alerts about a rapidly deteriorating freedom landscape. ARTICLE 19 has raised concerns over the recent Protection of Critical Infrastructure (Computer System) Bill, fearing that it could further suppress freedoms in Hong Kong. As the city teeters on the delicate balance between governance and liberty, how citizens and businesses navigate these changes remains an evolving saga.

To add to the intrigue, did you know that Hong Kong has a shortage of land for development due to its mountainous terrain? This hard-hitting legality might curb many corporate aspirations but brings about creative solutions like land reclamation. Furthermore, marine tourism contributes considerably to Hong Kong’s economy; estimates suggest a potential revival of the tourism sector, leveraging its breathtaking marine scenery and water-based activities. So, while the legal scene in Hong Kong heats up, an ocean of opportunity may well be waiting to be surfed!

Avoidance rights in Hong Kong (CMS LawNow)

Hong Kong is a common law jurisdiction, and its legal system is based on English law. Following Hong Kong's handover to China on 1 July 1997, the Basic Law ...

Post cover
Image courtesy of "The Irish Times"

Hong Kong-listed biologics company WuXi records €73m operating ... (The Irish Times)

The main Irish manufacturing arm of Hong Kong-listed biopharma group WuXi Biologics last year recorded “expected” operating losses of €72.6 million.

Post cover
Image courtesy of "South China Morning Post"

How the ocean economy can put the wind in Hong Kong's tourism ... (South China Morning Post)

Hong Kong, surrounded as it as by the sea, has a 1,000km coastline and 1,651 sq km of marine water with 263 islands within its boundaries, ...

Hong Kong: Critical infrastructure bill is an assault on free ... (Article 19)

ARTICLE 19 is concerned by the threat that Hong Kong's Protection of Critical Infrastructure (Computer System) Bill poses to further deteriorating freedom ...

Hong Kong SAR court considers setting aside settlement ... (Out-Law.com)

A recent case has shed light on Hong Kong Special Administrative Region (SAR) courts' approach to termination orders and settlement agreements in ...

Post cover
Image courtesy of "South China Morning Post"

Hong Kong savours Cheung Ka-long gold, Siobhan Haughey ... (South China Morning Post)

'Best moment of my life' for Cheung Ka-long, who makes fencing history minutes after Siobhan Haughey finishes third in 200m freestyle.

Post cover
Image courtesy of "Time Out"

Edgar Cheung Ka-long wins fencing gold again at Paris Olympics ... (Time Out)

Team Hong Kong wins another gold medal with Edgar Cheung our undefeated champion.

Post cover
Image courtesy of "Olympic Channel"

Paris 2024 fencing: All results, as Hong Kong, China's Cheung Ka ... (Olympic Channel)

After a very close match between Ka Long and Italy's Filippo Macchi, the reigning Olympic champion came from behind to win it all for the second time in a ...

Post cover
Image courtesy of "Hong Kong Free Press"

Hong Kong Olympians fencer Edgar Cheung and swimmer Siobhan ... (Hong Kong Free Press)

Hong Kong fencer Edgar Cheung and swimmer Siobhan Haughey both made history on day three of the Paris Olympics, winning gold and bronze, respectively.

Post cover
Image courtesy of "Bloomberg"

Hong Kong Wins Most Olympic Golds Ever After Fencing Victories (Bloomberg)

Hong Kong fencer Edgar Cheung won the men's individual foil finals at the Paris Olympics, the first time the Asian financial hub clinched multiple gold medals in the international tournament. Cheung edged out Italy's Filippo Macchi late Monday in Paris ...

Hong Kong Banks' Mainland China Exposure Shifts as Loans to ... (Fitch Ratings)

Related Content: Mainland China Exposure Data File - July 2024Fitch Ratings-Hong Kong/Shanghai-29 July 2024: Hong Kong banks' gross mainland China expos.

Post cover
Image courtesy of "Hong Kong Free Press"

'Not right': Italian fencing body protests Hong Kong athlete Edgar ... (Hong Kong Free Press)

Italy's fencing body has filed a formal protest following Hong Kong athlete Edgar Cheung's gold medal win at the Paris Olympic Games.

Post cover
Image courtesy of "Hong Kong Standard"

(Paris 2024) Edgar Cheung bags at least HK$9m bonus after ... (Hong Kong Standard)

Hong Kong's top fencer, Edgar Cheung Ka-long, will be walking away from the Paris Olympics not only with his gold medal in the foil even...

Post cover
Image courtesy of "CNA"

Fencing-Pineapple pizza insults fly over Italian-Hong Kong fencing ... (CNA)

HONG KONG : Hong Kong's Cheung Ka-long's win in the men's foil against Italy's Filippo Macchi 15-14 in a disputed bout has seen a barrage of insults from ...

Post cover
Image courtesy of "The Straits Times"

China defends Hong Kong's political revamp in publicity effort (The Straits Times)

Cui Jianchun, Beijing's top diplomat in HK, said he'll work on improving the city's international image. Read more at straitstimes.com.

Post cover
Image courtesy of "South China Morning Post"

Hong Kong's political system will be example for world, says ... (South China Morning Post)

Cui Jianchun, commissioner of Chinese foreign ministry's office in Hong Kong, also says each country develops its own path to democracy.

Post cover
Image courtesy of "RTHK"

Sound bilateral ties built upon respect: commissioner - RTHK (RTHK)

The head of the Foreign Ministry's Office in Hong Kong said respect is key to developing sound relationships between the SAR and foreign governments....

Post cover
Image courtesy of "CNN"

Sotheby's expands Hong Kong footprint with cavernous new ... (CNN)

High-value collectibles, from prehistoric fossils to limited edition sneakers, alongside paintings, sculptures and prints are on show. Courtesy Sotheby's ...

Post cover
Image courtesy of "Art Newspaper"

Sotheby's launches multi-use space in Hong Kong's business district (Art Newspaper)

The 24000 sq. ft location in the city's Landmark Chater building will host exhibitions as well as a concept store—currently featuring Banksy's famed ...

Post cover
Image courtesy of "Hong Kong Free Press"

Hong Kong is safe and 'full of opportunities,' leader John Lee tells ... (Hong Kong Free Press)

John Lee began six-day ASEAN trip to promote Hong Kong in Laos that will also take him and a delegation to Cambodia and Vietnam.

Post cover
Image courtesy of "El Paso Inc."

Hong Kong: Super-connecting New Pathways to Success with Laos (El Paso Inc.)

HONG KONG SAR - Media OutReach Newswire - 30 July 2024 - Hong Kong is exploring new pathways to business success with the Association of Southeast Asian ...

Post cover
Image courtesy of "VOV"

Vietnam and Hong Kong seek to build stronger ties (VOV)

The upcoming visit to Vietnam by Chief Executive of China's Hong Kong Special Administrative Region Lee Ka-chiu is expected to open a new chapter in ...

Post cover
Image courtesy of "CNA"

Pineapple pizza insults fly over Italian-Hong Kong fencing final (CNA)

HONG KONG: Hong Kong's Cheung Ka-long's win in the men's foil against Italy's Filippo Macchi 15-14 in a disputed bout has seen a barrage of insults from ...

Post cover
Image courtesy of "ESPN.co.uk"

Cheung Ka Long defends Olympic gold to make history for Hong ... (ESPN.co.uk)

In defeating Italian Filippo Macchi 15-14 in Monday's gold medal bout, Cheung became the first Hong Kong athlete to become a two-time Olympic champion. Editor's ...

Post cover
Image courtesy of "South China Morning Post"

Let Hong Kong be itself, a city where life always finds a way (South China Morning Post)

Like a flower growing from the pavement, Hong Kong's unique charm comes from those who take up space in the cracks of modernity.

Post cover
Image courtesy of "PBS NewsHour"

Former Hong Kong bookstore begins new chapter in upstate New York (PBS NewsHour)

Tens of thousands left because of strict COVID-19 policies and a crackdown on civil liberties by Beijing. Special correspondent Christopher Booker spent time ...

Post cover
Image courtesy of "Hong Kong Free Press"

Tiananmen vigil activists to take appeal against conviction over ... (Hong Kong Free Press)

Three Tiananmen vigil activists convicted over refusing to comply with a national security data demand will take their appeal to the city's top court.

Explore the last week