…the Hang Seng Index is below 15,000.
The Law Society finds that some of its members engaged in professional misconduct owing to links with the 612 Humanitarian Relief Fund. The Bar Association, on the other hand, clears its members accused of the same thing. What I don’t understand is why the police made the original complaints. If the lawyers were suspected of committing crimes, the cops would presumably arrest them. Since when have the police been a legal-profession watchdog?
A couple more HKFP items worth reading: an interview with journalist Bao Choy, and an interesting op-ed on how universities are (or should be) run.
That’s it – I’m switching the heater on.
what time you open the first bottle?
The HSI is dropping faster than the mercury this year.
Well we were promised ‘from chaos to prosperity’…………………..
Lower than 15,000? But…but…how can this be?
https://www.scmp.com/business/markets/article/3246708/singapore-hedge-fund-says-hong-kong-stocks-are-once-lifetime-chance-big-upside-after-wildest-two
@Mary
“Well we were promised ‘from chaos to prosperity’…………………..”
Instead we got a dead city. Wife and I ended up moving our investments from HSI to S&P500 ETF (UPRO) a few years back shortly after NSL and are much happier with the results. The lack of capital gains on US investments thanks to HK location still makes this dead town useful for something.
And in breaking news, some Chinese visiting London engage in hearts-and-minds out-reach:
https://www.youtube.com/watch?v=65iwnI2hjAA
(The fun starts at 9:14.)
Maybe they were on a day trip from the Manchester embassy.
@Bradley – You need to get down to some bars in Mongkok or TST from Thursday/Fri/Sat night – far from dead.
@reductio
Life comes at you fast
https://www.businesstimes.com.sg/companies-markets/banking-finance/singapore-hedge-fund-asia-genesis-shuts-after-big-mistake-china
@HKJC Irregular: when I was young (….I listened to the radiooooo…..) I explored the bars of Mongkok, unlike most gwailos. Do you know why they call them “yue daan mui”?
@Asia Phil Collins
Thanks. I bet he’s not the only one.
“@Bradley – You need to get down to some bars in Mongkok or TST from Thursday/Fri/Sat night – far from dead.”
Hmm I will have to try that sometime. What I’ve been doing in lieu of going to bars since the COVID era is going to hot pot restaurants that offering unlimited draft Asahi such as Moo Moo Club.
From one who lives in a TST building above and surrounded by bars, the action is a shadow of its former self,. There is the occasional busy spell, but shorter hours of opening and sparse business late afternoon indicate a lot less action than before. Sunday afternoon is deadly. Even the vroom vroom triad che are now an exception not the norm. Some evenings on Knutsford there are more touts than punters.
As anyone who was a regular at joints between Rick’s Cafe and Bahama Mamas can say, things ain’t what they used to be.
@ Lo Wu Vuitton
…as the saying goes, there are only two things in the world that smell of anchovy, and one of them is anchovy.
Ahh – the days of pub crawling in Mongkok. Gweilos were either cops, or lost! One of my favourites was the Professional Musicians Club…big bottles of Tsing Tao for $1.90. Them were the days.