Posted inHong Kong

UK blocks Hong Kong-based firm’s takeover of British company, citing Chinese security risk

The UK government has blocked Hong Kong-based firm Super Orange from purchasing British electronic-design company Pulsic, citing security risks posed by China. A statement Wednesday said Britain’s Business Secretary Kwasi Kwarteng “considers that the final order is necessary and proportionate to mitigate the risk to national security”. Pulsic, a small-sized company based in Bristol, western […]