🌊 Hong Kong: Asia's Green Finance Hub?

In other news, the WSJ has been threatened by the Hong Kong gov. over "baseless assumptions" and "incitement"

Good morning,

Pretty stocks/finance heavy Tide today…which I like!

~ Sze Yu

---

On Today’s Tide:

1. Hong Kong’s ESG bond issuance quadruples to almost US$35 billion

2. Wall Street Journal threatened by Hong Kong gov. over ‘incitement‘

3. Events & Exhibitions

Paid Tide readers get access to:

5. HKEX investors anticipate homecoming listings of Chinese stocks

6. Other news & updates!

---

Hong Kong’s ESG bond issuance quadruples to almost US$35 billion

SCMP reports that as many as 90 ESG bonds were issued this year, raising a combined HK$270 billion, equivalent to four times what was sold last year. ESG bonds area type of debt instrument in which an issuer has identified certain environmental, social, or governance criteria for the use of the bond proceeds.

“HKEX has turned climate risk into opportunities by providing a fundraising platform for projects related to environmental protection, substantiality and diversity,”

— Nicolas Aguzin, CEO of the Hong Kong Stock Exchange

To learn more about sustainable finance, read Harbour Times’ article: “Scaling the Climate Business Ladder”: How Green Finance can pave the way for a more sustainable society!

Cheung Yin via Unsplash

---

COVID news

Hong Kong SAR Government News @newsgovhk

The Centre for Health Protection says it is probing five additional imported #COVID19 cases involving three men and two women who all carry the #L452R #MutantStrain

news.gov.hk5 imported COVID-19 cases foundThe Centre for Health Protection says it is probing five additional imported COVID-19 cases involving three men and two women who all carry the L452R mutant strain.

Coronavirus in Hong Kong

• New cases: 5 (imported)

Maldives, Senegal and Tunisia will be specified as Group A places from December 9

Non-Hong Kong residents who have stayed in such places within 21 days will not be allowed to enter the city. The Hong Kong government made the decision after Omicron cases were detected in these countries.

---

Wall Street Journal threatened by Hong Kong gov. over ‘incitement‘

Erick Tsang, Secretary for Constitutional and Mainland Affairs, has threatened the Wall Street Journal over the alleged ‘incitement‘ it made in an editorial published earlier this month. The editorial in question—titled “Hong Kong Says Vote—or Else”—contained “baseless assumptions,” Tsang wrote.

Tsang argued that, contrary to what was written in the article, last year’s legislative race was postponed due to Covid-19, not because democrats swept the polls during the 2019 district elections. Tsang also hit back over the article’s claims that Hongkongers “risk harsh penalties if they protest in public,” instead citing that Hongkongers’ rights are guaranteed in the security law and Basic Law.

“Please be advised that inciting another person not to vote, or to cast invalid vote, by activity in public during election period is an offence…irrespective whether the incitement is made in Hong Kongor abroad. We reserve the right to take necessary action.“

— Erick Tsang, Secretary for Constitutional and Mainland Affairs

via WSJ

---

Events & Exhibitions

We want to make sure that what we advertise is interesting for our readers, so if you go to an event that you saw here, let us know by taking a selfie and tagging us on Twitter or Instagram ( both @harbourtimes ).

We’ll throw in a free month of Paid High Tide for yourself or a friend

Humour along my Hairline - Vivek Mahbubani's solo English show

• Looking for something funny and fishy this Christmas? Bilingual comedian Vivek Mahbubani’s latest show at Ocean Park is sure to drown you with laughter. Also he may run out of hair half way.

  

  “It's the same venue that big names like Jim Jeffries have performed in and this time I'm using the ticking timebomb that is my receding hairline as a reason to do my solo show so people can at least one day say "I saw him when he was still hairy!"

  — Vivek ‘yeah I guess that’s pretty funny’ Mahbubani

  Tickets available here.

  Paid readers have access to an exclusive 20% off discount code.

  Want your events on Tide as well? Let us know!

---

That’s all we have for you today on Free Tide!

To get access to more news and updates, (such as the potential homecoming of US-listed Chinese stocks), become a paid subscriber today! Unless you are already a Paid Tide subscriber, in which case keep scrolling…