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HK: Insurance Industry Update

PICC Property and Casualty Company (PICC), China's largest non-life insurer, reported an increase in profits to 1.78 billion yuan (US$260.8 million) as a result of a surge in China's stock market lifting the value of their investments and growth in insurance premiums received. PICC is exploring...

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance segments among international companies in the wake...

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance segments among international companies in the wake...

Manulife, Munich Re Team Up to Tap Hong Kong's Changing Health Care Market

By Rebecca Ng, News Editor, A.M. Best HONG KONG (BestWire) - Proposed government-driven medical reforms together with an aging population and rising medical costs in Hong Kong is generating a new business model for group life and medical insurance segments among international companies in the wake...

China democracy comments raise doubts in Hong Kong

HONG KONG - (AP) A senior Chinese official's comments that some restrictions on universal suffrage in Hong Kong would be within international norms raised doubts Tuesday about Beijing's commitment to genuine democracy in the former British colony. For years, Hong Kong activists have argued...

Hong Kong closes loophole on free World Cup on TV

HONG KONG - (APINTL) Fans in football-crazed Hong Kong were dealt another blow in their campaign for free World Cup coverage after local regulators moved to close a loophole that allowed locals to watch games on mainland Chinese television. Hong Kong's World Cup coverage is limited to a cable...

Hong Kong air pollution blamed on political system

HONG KONG - (AP) Democracy activists are not the only ones unhappy with a slow pace of electoral reform in Hong Kong. Environmentalists blame the city's political setup which guarantees a strong voice for business for stymieing efforts to clean up Hong Kong's increasingly dirty air. "The...

Nevada High Court Overturns $58 Million Judgment

LAS VEGAS - (AP) The Nevada Supreme Court has overturned a $58.6 million judgment awarded to a Hong Kong businessman who said he helped Las Vegas Sands Corp. win a gambling license in Macau. Full version available to lexis.com subscribers .

Southeast Asian Laws Toolbox

Welcome to LexisNexis South East Asian Laws Toolbox , the law toolbox that brings you LexisNexis content available for the nations of South East Asia, excluding the Peoples’ Republic of China. You will find below the legal content and analysis that we have for several countries in this burgeoning...

Stanley Ho Files New Lawsuit To Reclaim Casino Stake

HONG KONG - (AP) Asian casino magnate Stanley Ho has filed a new lawsuit in an attempt to get back a $1.45 billion stake in his Macau gambling empire that he says was seized by some of his family members. It's yet another twist in a family feud that erupted in late January. . . . Full version available...

Although fire ants originated in the U.S. as the result of "imports" from South America, their spread to many other countries is from the U.S., new genetic assessment shows

Fire ants are a royal pain (literally and figuratively). Chemical pesticides and many other brews have tried to wipe them out, unfortunately without success. They are now colonizing many other countries. But, what is the origin of these new invasions? The aggressive, stinging fire ants ( Solenopsis...

Copyright and the Sources of Law: When Private Rights and Public Documents Collide

Reprinted from LexisNexis Hong Kong Legal Community *: Brendan Clift discusses the copyright-related encumbrances on primary sources of law in Hong Kong, including legislation, decisions of the courts and other documents, and makes the case for relieving these materials from any restrictions...

Hong Kong Passed New Arbitration Law

Fulbright Briefing By: Richard Hill and Jia (Jessica) Fei View Media Fulbright's International Arbitration Briefing is written in Chinese. Contributors to Fulbright's Briefing are Richard Hill (rhill@fulbright.com or +852 2283 1088) and Jia (Jessica) Fei (jfei@fulbright...

Fulbright & Jaworski L.L.P. Launches Task Force To Address Problems Facing Chinese Companies With U.S.-Traded Securities

By: Gerard G. Pecht , Jeffrey A. Blount , Stephen Mark Dollar , Peter Stokes and Mark Thomas Oakes Fulbright Briefing Chinese companies with securities traded in the United States are facing mounting scrutiny from U.S. regulators, plaintiff's lawyers, and short sellers. Fulbright &...

Sovereign Immunity Absolute in Hong Kong

Fulbright Briefing Democratic Republic of the Congo v FG Hemisphere Associates LLC (FACV Nos, 5, 6 & 7 of 2010) The Hong Kong Court of Final Appeal (the CFA) recently issued its judgment in Democratic Republic of the Congo v FG Hemisphere Associates LLC regarding the ability of states to...

HONG KONG: Decision on Immunity Not Absolutely Clear

By: Richard Hill and James Rogers Global Arbitration Review A recent appeal brought by the Democratic Republic of the Congo has established that sovereign immunity is absolute in Hong Kong. Richard Hill and James Rogers , partner and senior associate at Fulbright & Jaworski, consider...

THIS WEEK IN SECURITIES LITIGATION (Week ending June 1, 2012)

SEC enforcement this holiday shortened week dismissed the remaining defendants in an insider trading case centered on an international take over which had been filed largely on the trading and within days of the announcement. The Court cited discovery difficulties which in part traced to the defendants...

Peter S. Vogel: Judge Allows Libel Suit Based on Google Autocomplete Search Results

By Peter S. Vogel A Hong Kong Judge disagreed with Google that Google’s Autocomplete may have created libeleous content and “cited Europe’s recent ‘right to be forgotten’ ruling requiring Google to remove embarrassing or outdated search results upon request” as...

Hong Kong Terminates Its Immigrant Investor Program

After Canada terminated its federal immigrant investor program in early 2014, US eliminated another fierce competitor. Yesterday in an unexpected turn of event, Hong Kong indefinitely suspended its Immigrant Investor Program, or the Capital Investment Entrant Scheme (CIES). This is good news for the...