The protest in Hong Kong over remove all masks has a deeper concern which has sparked the most violent protests yet. China’s “social compliance ranking” is an AI system that is based on facial recognition software. The deep concern is that this new law is to identify who the people are and then arrest them […]
We are getting reports from clients in Hong Kong telling us that there is absolute chaos raging in the streets. People lining up at ATM machines pulling out cash. A 16yr old they are reporting was shot by police and a policeman was set on fire. The MTR has been closed, and they are saying […]
There is no question that the rioting in Hong Kong has been violent as protesters even set cars on fire. Business is very concerned for as this continues, it does threaten the shift of the financial hub to Singapore. We have clients on every side of this issue over here as we have three offices […]
Cathay Pacific Airways Ltd. suffered a 12% drop in passengers due to the Hong Kong protests. Airfare prices are dropping in an attempt to win back visitors. Consequently, Cathay Pacific Airways is looking to sell a U.S. dollar bonds as there are rising fears that the Hong Kong peg may break with the protests. The […]