Hong Kong's government will give "priority" to a contentious bill that seeks to criminalize abuse of the Chinese national anthem, the city's leader said Tuesday, days after a pro-Beijing lawmaker ... ( read original story ...)
Hong Kong falls nearly 2% as China’s inflation data misses expectations
China's inflation data for April released by the country's National Bureau of Statistics on Tuesday missed expectations. ( read original story ...)
The Chinese IPO That Led the Way in Wall Street’s Virtual Shift
As the pandemic began rattling markets, there was no such thing as business as usual. That didn’t stop Ma Cunjun and his bankers. ( read original story ...)
Hong Kong stocks rise as more countries look to ease restrictions
Hong Kong stocks tracked Wall Street higher on Monday as more countries looked to restart their economies, though gains were capped by fears of a coronavirus resurgence in mainland China. ** At the ... ( read original story ...)
Bulls Beware: Window for This Hong Kong Dollar Trade Is Closing
Hedge funds may have just weeks left to make good money from the long Hong Kong dollar carry trade. Local interest rates, which have remained stubbornly high relative to those in the U.S., will fall ... ( read original story ...)
Stocks Slip to Start the Week
Global stocks mostly fell as investors weighed the benefits of reviving economic activity against the risk of a resurgence in the coronavirus as lockdowns are lifted that could lead to renewed ... ( read original story ...)
Asia Stocks Set for Mixed Start; Dollar Rises: Markets Wrap
Asian stocks were poised for a mixed start as traders assessed the challenges economies face removing restrictions amid the coronavirus pandemic. The dollar strengthened. ( read original story ...)
Goldman, HSBC Staff Return to Office as Hong Kong Curbs Ease
HSBC Holdings Plc, Goldman Sachs Group Inc. and Barclays Bank Plc allowed more employees to resume working from their offices in Hong Kong Monday as the city relaxes social-distancing curbs after ... ( read original story ...)
Hong Kong Police Arrest Protesters for Violating Social Distancing Guidelines
Hong Kong’s central bar district returned to relative normalcy this weekend, with crowds of revelers taking advantage of eased social distancing rules even as fresh pro-democracy protests flared ... ( read original story ...)
Hong Kong uses virus rules to stop protests even as bars fill up
Hong Kong's central bar district returned to relative normalcy this weekend, with crowds of revelers taking advantage of eased social distancing rules even as fresh pro-democracy protests flared ... ( read original story ...)
US IPO Weekly Recap: Kingsoft Cloud completes largest IPO since March in 3 IPO week
I n the busiest week for the IPO market since February, three upsized IPOs and three SPACs entered the public market. Kingsoft Cloud (KC) led the way, completing the largest IPO since GFL ... ( read original story ...)
Daily Markets: Renewed Coronavirus Outbreaks and Trade Uncertainties Weigh on Equities
Chair Liu said China hadn't met the US’s purchase demands under Phase One of the trade deal, a revelation that sets the stage for trade talks this week between Chinese Vice Premier Liu He and U.S. ( read original story ...)
Emerging economies burn through $240 billion in reserves, drain seen continuing: Bank of America
Leading emerging countries have burned through $240 billion in foreign exchange reserves over the past two months, Bank of America said on Monday, as central banks look to prop up their currencies and ... ( read original story ...)
BOC Hong Kong 1Q Net Operating Profit Before Impairment Rose 2.6%
BOC Hong Kong (Holdings) Ltd. said its first-quarter net operating profit before impairment allowances rose 2.6%, mainly supported by growth in interest earnings. Net operating profit for the first ... ( read original story ...)