Motley Fool to close Hong Kong business due to political uncertainty

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

HONG KONG (REUTERS) - Investment news site Motley Fool will shutter its Hong Kong operations due to the uncertain political outlook in the Asian financial hub, according to a post on the company's website earlier this week.. Read more at straitstimes.com.

HONG KONG - Investment news site Motley Fool will shutter its Hong Kong operations due to the uncertain political outlook in the Asian financial hub, according to a post on the company's website earlier this week.

The post, by Hayes Chan, Motley Fool's Hong Kong lead analyst cited last year's protests, the introduction of a National Security law and the United States and China's economic decoupling as reasons for the uncertainty. Hong Kong's leader Carrie Lam has said journalists can report freely if they do not violate the security law.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hau_hk HongKongProtester is resisting the evil CCP Chinazi & its shameless puppets for long time.. So much pain, PoliceBrutality, Exhausted & Traumatized.. but HKer is not going to give up hope, justice & humanright.. Pls help HongKonger HongKongNeedsHelp FreeHK StandWithHK

hau_hk The World should say no to Tyranny! . Although facing the evil Chinazi, NationalSecurityLaw & PoliceBrutality, Hongkongers are not giving up! Sanction XiJinPing, CarrieLam, HKGov & CCP Officals! FreeHK SOSHK SAVE12HKYOUTHS StandWithHongKong AntiChinazi

Brilliant! Under the dictatorship of the CCP , HK is no longer an international financial hub but just a policestate without freedom. Move all your investment out now before the CCPChina swallows them all.

Wise move as the judiciary in Hong Kong is totally controlled by the Hong Kong gov't = no law to protect foreigners at all. FreeHongKong

MP68774135 Hong Kong puppet government is totally ignoring the worse situation

tax_free 👏👏👏

yumechin0612 no fool at all

Without freedom of the press and freedom of speech, how can we make the right investments!? CCP_is_terrorist CCPLiedPeopleDied HumanRightsViolations

hk is dead thanks to CCPChina please take concrete action against CCP China please StandWithHongKong StandwithUyghurs if we burn u burn with us

At the beginning, the CCP told Hong Kong people that the situation in Hong Kong would become more and more stable after the implementation of the National Security Law. Now more and more companies plan to withdraw from Hong Kong, and many Hong Kong people plan to move overseas.

This is one of the news page I've read everyday lately. How unfortunate. Thanks to our government fighting for a disaster of our city. FightForFreedom

'International financial centre' without any freedom is not a international financial centre No wonder they will close Hong Kong business

Work from home.

kerokero_HKer Hongkonger is under HumanitarianCrisis now :( Pls dont give up HK in this big crisis, HKer not surrender! Still fighting for justice, HumanRight & democracy! Dear world, StandWithHK! SOSHK FreeHK save12hkyouth HongKongNeedsHelp NationalSecurityLaw DefendingHongKong

Not suprised! Political uncertainty becomes normal!

Smart choice. There is no such thing as respecting private property in the dictionary of CCPChina. FreeHK chinazi NationalSecurityLaw

Thanks XiJinping for turning Hong Kong into another city of China

This is the wise decision. No freedom, unfair legal system, police violence, corruption everywhere. So, the firms and enterprises should not invest HK. HK

smart decision; it is simply unwise to invest in a policestate

Foreign people no more safety in Hong Kong. CCP can arbitrary arrest anyone by using illegal national security law.

Time to realize that nothing could protect you anymore

Hkgov and HKpolice LIED as always. It is totally a KINAPPING CASE. Please keep eyes on them. save12hkyouths HongKong PoliceBrutality StandwithHK FreeHongKong CCP

Hong Kong is not safe to do business anymore under the draconian national security law. It’s recommended to leave HK soon before it’s too late.

Sad but wise decisions, who will take their company at risk. National security law in HongKong is an universal law, it can arrest ppl who r not in HK, even not a chinese n put it to jail, like USA citizens samuelmchu, like the man burned Chinese flag in England. Quite pathetic.

Who would choose to stay in HKpolicestate?

Great to see that. HongKong is totally down. No more academicfreedom in HK now. HongKongers, even non-HongKonger are not safe in HongKong under the NationalSecurityLaw Welcome to a HKPoliceState and NewWestBerlin. FreedomOfSpeech freedomOfExpression save12hkyouths

All businesses should move away from HK. Thanks to CCP who gives Hong Kong death sentence with the damn National Security Law

kerokero_HKer How evil can the Chinazi Tyranny be? . Hongkonger well knew CCP China & HKPolice HKGov are evil & brutal Totalitarianism long ago.. HKer is still fighting, For justice, HumanRight & democracy! FreeHK Pls StandWithHongKong! Pls help! SAVE12HKYOUTH! SOSHK

Say no to Tyranny! . As a Hongkonger, my dream is simple but difficult.. So difficult for HK to have justice, HumanRight, liberty & democracy.. But We’re still fighting! save12hkyouth No PoliceBrutality, CCP Chinazi Totalitarianism! DefendingHongKong StandWithHK

Right Decision! HongKong is no longer a suitable place 4 business. StandWithHongKong save12hkyouths save12hkyouth

Understandable given CCP's hostility towards journalism.

I could see CCP has the strongest determination to laam chau 攬炒

Sounds like the HongKong gov. fails to balance economy and 'national security '

More will quit from HongKong, it’s reasonable that we can’t guaranteed their safety and stability. Chinazi CCP_is_terrorist

Hong Kong has now become a China-manipulated financial hub under the NationalSecurityLaw. CCP is spreading its threat and control to the businesses in HK. It makes sense that Motley Fool and other corporations will leave HK in the future. StandWithHongKong FreeHK

Retreat investment is the only way out from CCP's fake opening 1.3 billions market but eating you out by kidnapping 1.3 billions as well as foreign company by 'CCP value rules'

HK is no longer an international financial hub as the NSL erodes rule of law, the cornerstone of HK's success.

More would follow Motley Fool’s decision as Hong Kong is no better than China now

Motley Fool isn't the only one who has such decision. When rule of law & free flow of information are no longer secured in Hong Kong, there isn't much advantage to do business in HK...

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong: Stocks close higher[HONG KONG] Hong Kong shares finished with more gains Wednesday after Donald Trump called off stimulus talks in the US but urged lawmakers to pass legislation providing targeted help to Americans and businesses in the world's top economy. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »