SEOUL, Oct. 14 (Korea Bizwire) — High-risk financial instruments that are designed to bet on Hong Kong’s stock market need to be carefully monitored amid concerns about potential losses, as massive democracy protests there have wobbled financial markets, an industry source said Monday. At the end of September, the outstanding amount of equity-linked trusts (ELTs) [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korean activists on Friday demanded Hong Kong police apologize for the recent shooting of a teenager and stop suppressing protesters, voicing support for the democracy protests amid an escalating stand-off between authorities and protesters. Earlier this week, Hong Kong high school student Tsang Chi-kin was severely injured after [...]
SEOUL, Sept. 23 (Korea Bizwire) — After a work by late Korean abstract master Kim Whan-ki set an auction record last year, another major dot painting by him will be put up for auction in Hong Kong in November, an auction house said Monday. One of Kim’s major works, “05-IV-71 #200,” titled “Universe,” will be [...]
Hong Kong, Sept. 17 (Korea Bizwire) — Control Risks, the global specialist risk consultancy, announced today that it has expanded its partnership with Relativity by making its RelativityOne offering available in Hong Kong, covering the Asia Pacific region. The flexible SaaS platform is already available to Control Risks’ clients in North America and the United [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea has issued a travel warning for Hong Kong, citing increasing risks from escalating violence in deepening anti-government protests, Seoul’s foreign ministry said. A “navy warning”, which calls for caution and is the lowest of the four-phase travel warning system, has been imposed on all of Hong Kong, [...]
HONG KONG, Aug. 14 (Korea Bizwire) — South Korean travelers expressed anxiety Tuesday as demonstrators continued their occupation of Hong Kong’s airport to protest a bill that would allow extraditions to mainland China. Thousands of demonstrators have taken over Hong Kong International Airport since Monday, leading airlines to cancel flights and leaving travelers stranded. Check-in [...]
SEOUL, Aug. 13 (Korea Bizwire) — The Hong Kong branch of the famous wax museum Madame Tussauds has recently added a figure of Jackson, a Hong Kong member of the global K-pop boy band GOT7, the band’s management agency said Tuesday. The new figure is currently on display in the museum’s Hong Kong Glamour room, [...]
SEOUL, Aug. 12 (Korea Bizwire) — Multiple flights connecting South Korea with Hong Kong were nixed on Monday due to a massive protest at Hong Kong International Airport. According to the transport ministry here, Hong Kong aviation authorities issued a “notice to airmen” saying the airport was shut down as of 5:30 p.m. and will [...]
SEOUL, Aug. 8 (Korea Bizwire) — The Mnet Asian Music Awards, or MAMA, the biggest annual K-pop awards series held outside of South Korea, is reconsidering Japan and Hong Kong as its destinations for this year’s event, according to the event’s organizer. Having been among the biggest consumers of K-pop outside of Korea, Japan and [...]
SEOUL, Aug. 6 (Korea Bizwire) — As demand for trips to Japan, which was once the most popular travel destination among South Koreans, has plummeted with the ongoing boycott against Japan, alternative destinations abroad are enjoying an uptick in popularity. In particular, it is surprising to see the demand for travel to Hong Kong has [...]