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☆ This city never slept. Now with China tightening its grip, is the party over?
▼ + stars: | 2023-11-03 | by ( Chris Lau | ) edition.cnn.com time to read: +16 min

China’s message at the time was that even if change was coming to Hong Kong, its spirit of “anything goes” would be staying put. People gather outside a restaurant on a near-empty street in the Soho area of Hong Kong. Officials say they were “fluorescent.”A Hong Kong government spokesman told CNN this week that the activities were “well-received by local residents and tourists”. Under Hong Kong’s pandemic restrictions, live music was all but banned in small venues for more than 650 days. Months before the virus emerged, China had been tightening its grip on Hong Kong in response to pro-democracy protests that had spread throughout the city.

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☆ Lan Kwai Fong Group chairman discusses Fukushima wastewater release
▼ + stars: | 2023-08-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFukushima wastewater release is irresponsible of the Japanese government: Hong Kong business magnateAllan Zeman, chairman of Lan Kwai Fong Group, says "the most important thing is that we do get the confidence of the people that the testing is fair, is done properly."

Persons: Allan Zeman, Lan Organizations: Lan Kwai Fong Group Locations: Hong Kong

☆ Hong Kong is 'back on steroids,' says Lan Kwai Fong Group
▼ + stars: | 2023-05-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong is 'back on steroids,' says Lan Kwai Fong GroupAllan Zeman, chairman of Lan Kwai Fong Group, says young travelers from mainland China are "all over Hong Kong."

☆ China's reopening brings both risks and opportunities, Asian Development Bank says
▼ + stars: | 2022-12-15 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +3 min

watch nowChina's reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC. His comments came a day after Hong Kong further eased travel and mobility measures. It's been surprising how quickly businesses in Hong Kong have bounced back, and those that left Hong Kong due to its stringent measures in the past are ready to return as well, claimed Zeman. "They've been so pleased with the result of yesterday and many are planning their trips back," he said, referring to people who do business in Hong Kong. With regard to tourism, China's reopening will accelerate Hong Kong's recovery to "bring us back to the old days again," according to Zeman.

HONG KONG — After mass unrest in 2019, a pandemic that left it isolated from the world and the imposition of a national security law that has crushed dissent, Hong Kong is ready to turn the page. According to government statistics, about 319,000 people arrived in Hong Kong last month, down 97% from 10.8 million in October 2019. According to one report last month, Hong Kong has lost its status as Asia’s top financial center to Singapore. While it may not be realistic to expect businesses to turn away from China’s huge market, global business leaders “need to recognize that there’s a new situation in Hong Kong, there’s a new reality,” said Brian Kern, the lead researcher for a report on doing business in Hong Kong that was published last month by the Hong Kong Democracy Council, a nonprofit group based in Washington. Lee also pointed to a report in September in which Hong Kong topped Singapore as the world’s freest economy.

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