Beijing’s top representatives have accused the opposition of paralysing the city’s governance with filibustering tactics in the legislature Pan-democrats say the criticism oversteps the central ... ( read original story ...)
Chinese companies still hope for New York IPOs — despite recent fraud, scandals and coronavirus
Many Chinese companies are still planning to list in the U.S., despite increased scrutiny on the issuers in the wake of disclosures of fraud at high-profile stocks such as Luckin Coffee. ( read original story ...)
Yuan softens on weaker guidance, cut in borrowing costs
The yuan eased on Wednesday after the Chinese central bank nudged its midpoint fixing to the weak side of analyst estimates and cut a medium-term funding rate to a record low as it ramped up efforts ... ( read original story ...)
China Cuts Medium-Term Borrowing Costs to Record Low, Steps Up Pandemic Battle
China's central bank on Wednesday stepped up policy support for its embattled economy, cutting a key rate to a record-low and reducing the amount banks must hold as reserves by around $28 billion as ... ( read original story ...)
Coronavirus: China cuts MLF borrowing costs to record low, stepping up pandemic battle
The People’s Bank of China (PBOC) said it was lowering the one-year medium-term lending facility ... portfolio manager at Green Harmony Capital in Hong Kong. Some market participants believe the ... ( read original story ...)
Asian petchem shares ease off highs on IMF growth warning, oil rebounds
Japan’s Nikkei 225 Index was down by 0.46%, Hong Kong’s Hang Seng Index was up by 0.37% and ... for the UK economy before recovering to 4.0% in 2021. The People’s Bank of China (PBOC) on Wednesday ... ( read original story ...)
HSBC Refugees May Find a Stable Home in China
That might seem surprising. Shares of Industrial & Commercial Bank of China Ltd., and three fellow Chinese lenders that are members of Hong Kong’s benchmark Hang Seng Index, have languished over the ... ( read original story ...)
How to open a Hong Kong bank account
Cash machines are plentiful in Hong Kong – at airports, railway stations, banks, supermarkets and convenience stores and on the street. If you use your bank’s own machine, the transaction will be free ... ( read original story ...)
Boc Hong Kong (OTCMKTS:BHKLY) versus Woori Financial Group (OTCMKTS:WF) Head to Head Survey
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, Mainland China, and internationally ... ( read original story ...)
Piano van: Hong Kong music lessons go mobile to beat virus
Yoyo, 6, frowns with concentration as she plays the piano in the back of a truck -- still able to practise thanks to an innovative Hong Kong music school keeping lessons going during the coronavirus ... ( read original story ...)
Hong Kong barristers call on Beijing to ‘exercise restraint’ in comments
The Hong Kong Bar Association on Tuesday called on Beijing to “exercise restraint” in its comments regarding affairs in the Chinese-ruled city, warning that its views could be perceived as ... ( read original story ...)
Hong Kong stocks hit 3-week high on easing virus fears, policy support
Shares in Hong Kong rose to their highest level in more than three weeks on Monday, as countries globally reported fewer new coronavirus deaths, and after the Chinese central bank released $56 billion ... ( read original story ...)
DBS Hong Kong Digitizes Two-Day SMB Account Opening
DBS Hong Kong, a subsidiary of DBS Bank headquartered in Singapore, is transitioning to a new contact-free way for small- to medium-sized businesses (SMBs) to set up business accounts, according to a ... ( read original story ...)
Iran suspected of seizing, releasing Hong Kong-flagged tanker near Strait of Hormuz
Iranian forces are suspected of being behind the seizure of a Hong Kong-flagged oil tanker in the Strait of Hormuz on Tuesday. ( read original story ...)