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Month: June 2020

Posted on 11/06/2020

Secondary listing in Hong Kong can be a solution for Chinese ADR companies: JP Morgan

The U.S. Senate has passed a bill targeting Chinese companies listed on American exchanges. Haibin Zhu of J.P. Morgan says its unclear if Beijing and Washington can find a compromise on the draft law. ( read original story ...)

Posted on 11/06/2020

Japan conveys ‘deep concern’ over China’s Hong Kong security law

Japan is expressing "deep concern" over China's decision to impose a national security law in Hong Kong, which would allow Beijing to create its own institutions for security in the city. ( read original story ...)

Posted on 11/06/2020

Australia falls 3% following Fed’s economic forecast; NetEase jumps in Hong Kong debut

Stocks in Asia Pacific fell on Thursday as the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022. ( read original story ...)

Posted on 11/06/2020

Only Hong Kong Can Solve Unrest, Says British Foreign Minister

In a six-monthly report on Hong Kong, covering events from July 1 to Dec. 31 last year, foreign minister Dominic Raab said: "The solution to this unrest and its underlying causes must come from Hong ... ( read original story ...)

Posted on 11/06/2020

Uber India head Pradeep Parameswaran will now lead the Asia Pacific region for the $60 billion company

Uber India head Pradeep Parameswaran now has a bigger role – he will be leading the Asia Pacific region for the company. Parameswaran will now lead Uber in India, Bangladesh, Sri Lanka, South Korea, ... ( read original story ...)

Posted on 11/06/2020

Citi Adds Hong Kong, Singapore Shares on ‘New Business Cycle’

More traditional companies in Hong Kong and Singapore are set to benefit from a “new business cycle” globally as their economies recover from the pandemic, according to Citigroup Inc.’s ... ( read original story ...)

Posted on 11/06/2020

AP PHOTOS: 1 year on, tumult of Hong Kong protests echoes

A year has passed since the beginning of anti-government protests in Hong Kong that brought hundreds of thousands of people into the streets of the semi-autonomous ... ( read original story ...)

Posted on 11/06/2020

Australia falls 3% as Fed signals no rate hikes through 2022; NetEase soars in Hong Kong debut

Stocks in Asia Pacific traded lower Thursday afternoon after the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022. ( read original story ...)

Posted on 11/06/2020

Zoom censors video talks on Hong Kong and Tiananmen, drawing criticism

The incidents are reviving concerns about the fast-growing Silicon Valley company’s susceptibility to Chinese government influence. ( read original story ...)

Posted on 11/06/2020

Australia falls more than 2% as Fed signals no rate hikes through 2022; NetEase soars in Hong Kong debut

Stocks in Asia Pacific traded lower Thursday morning after the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022. ( read original story ...)

Posted on 11/06/2020

China blue-chip index flat but small-caps rise; Hong Kong down on growth worries

China's blue-chip share index was little changed on Thursday, but start-up board ChiNext continued its uptrend on reform hopes. Hong Kong stocks fell on a downbeat economic outlook from the U.S. ( read original story ...)

Posted on 11/06/2020

HSBC under fire in UK for backing China’s Hong Kong law

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender ... ( read original story ...)

Posted on 11/06/2020

NetEase shares jump over 8% at the open on their first day of trading in Hong Kong

NetEase carried out a secondary listing on the Hong Kong stock exchange amid rising tensions between the U.S. and China. ( read original story ...)

Posted on 11/06/2020

JD.com raises $3.87 billion in Hong Kong secondary listing – sources

HONG KONG (Reuters) - Chinese e-commerce retailer JD.com 9618.HK> has priced its shares at HK$226 ($29.16) each and raised about $3.87 billion in its Hong Kong secondary listing, according to two ... ( read original story ...)

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