HK eases quarantine for vaccinated execs bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Hong Kong is allowing vaccinated directors and senior executives of major listed companies to travel globally more easily, a significant relaxation of its onerous border curbs that is drawing backlash from the wider population for being elitist.
Vaccinated senior executives from about 500 companies included in indices like the Hang Seng and Hang Seng China Enterprises can seek permission to travel in and out of the territory without needing to follow the quarantine requirement, the Hong Kong Financial Services and the Treasury Bureau said in a statement yesterday.
The clarification of a wider policy of exemption for vaccinated executives comes in the
Hong Kong shares closed at a near four-week high on Wednesday, led by tech and property stocks, as a strong yuan and U.S. Federal Reserve's dovish monetary policy stance soothed inflation concerns.
ASX to rise as base metals rally, Dow edges up
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Australian shares are set to open higher, as Chinese and US economic data bolstered bets on a continuing recovery, lifting prices for base metals.
ASX futures were up 40 points or 0.6 per cent to 7130 near 5.10am AEST. The currency was flat. The yield on the US 10-year note rose 3 basis points to 1.61 per cent near 3.20pm in New York.
Bitcoin was trading at $US38,964.59 near 5.20am AEST on bitstamp.net.
Shares on Wall Street advanced. Near 3.15pm in New York, the Dow was up 110 points or 0.3 per cent; the S&P 500 rose 0.1 per cent. The Nasdaq edged up 0.02 per cent.