From Monday, travelers entering mainland China from Hong Kong or Macao will no longer need to provide proof of negative Covid tests, as long as they have not traveled abroad in the previous week, the State Council’s Hong Kong and Macao Affairs Office said in a Friday statement. Daily quotas on the number of travelers will also be scrapped. The resumption of normal travel is expected to provide much support to the battered economies of the two cities.
Under the partial reopening, travelers were required to test negative for Covid-19 and make online bookings for trips in advance under a daily quota system. That is now no longer required, Hong Kong Chief Secretary Chan Kwok-ki said at a press conference Friday, adding that both sides would soon be able to get back to “normal travel.
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Hong Kong bans flourishing CBD business, following Beijing’s leadHong Kong banned cannabidiol, or CBD, on Wednesday, listing it as a “dangerous drug” with harsh penalties for possession despite a flourishing trade for such products in the city. Too bad you can grow it in your bedroom closet rather easily. tobaccoindustry making it’s power plays Did Hong Kong get tired of having tourists bring money into their economy? This is so absurd. People on one side are questioning whether CBD does anything at all while the nutjobs in HongKongTourism will put you in jail for 7 years.
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JPMorgan says Hong Kong shares to rebound in February and names 5 stocks to ownJPMorgan has identified five stocks to own amid an expected rise in Hong Kong and China stocks in February as investors rotate into 'quality laggards.'
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