For big banks ranging from Citigroup and Goldman Sachs to HSBC and Standard Chartered, a lot is at stake.If they are found to be doing business with blacklisted individuals, American lenders could fac ... ( read original story ...)
Hong Kong’s new tech index an ‘important development,’ says Morgan Stanley
Morgan Stanley's Jonathan Garner discusses Hong Kong's new "Nasdaq type" index, and how emerging markets are shaping up amid the coronavirus pandemic. ( read original story ...)
Hong Kong’s new tech index up nearly 2.9% on second day of trade
The tech index was launched on Monday and will track the 30 largest technology companies listed in Hong Kong that pass the screening criteria. ( read original story ...)
Squeezed by Superpowers, HSBC Eyes Next Step of Reboot
Caught in the crossfire between Washington and Beijing, HSBC Holdings Plc is fighting forces that threaten to upend a business built on connecting China to the West. ( read original story ...)
Hong Kong leader Carrie Lam’s top adviser has US bank account closed
Executive Council convenor Bernard Chan believes move was made because he is considered to be a ‘politically exposed person. ( read original story ...)
Hong Kong-based EMQ raises $20 million for its cross-border financial settlement tech
Cross-border financial transactions are a major headache for individuals and large companies alike, who often have to deal with long wait times and high fees in order to send money to recipients in ... ( read original story ...)
‘Already Punished’: Acquitted Hong Kong Protest Couple Rebuild
Henry Tong and Elaine To were preparing to spend their first wedding anniversary in separate prison cells -- until their acquittal for rioting during Hong Kong's pro-democracy protests. There were ... ( read original story ...)
Migrant Workers, Hong Kong Wave, TikTok: Your Tuesday Briefing
Good morning. We’re covering a devastating time for hundreds of millions of migrant workers, designers getting creative with face masks and a vacation ritual canceled this year. The pandemic has ... ( read original story ...)
Hang Seng Index May Find Traction On Tuesday
Hang Seng Bank tumbled 1.45 percent, Power Assets Holdings spiked 1.42 percent, WH Group skidded 1.33 percent, AAC Technologies retreated 1.22 percent, Hong Kong & China Gas declined 1.09 percent, ... ( read original story ...)
Hang Seng Index, China stocks gain as Moderna launches large-scale vaccine trial in US in hunt to beat Covid-19
Hong Kong, China and elsewhere. The Hang Seng Index rose 1.1 per cent to 24,863.60 on Tuesday, following two straight sessions of losses and last week’s big reversals as US and China ratcheted up ... ( read original story ...)
A lawyer who helps ultrawealthy families get secondary citizenships says business is booming in 2020 — and not just because of the coronavirus
Wealthy Americans are already looking to the election and are prepared to "vote with their feet" if taxes go up. ( read original story ...)
Ant Group’s IPO Has Deep Implications For Alibaba
Chinese equity markets were seemingly impervious to the escalating tensions between the U.S. and China which saw the closure of a consulate in each of the two countries. ( read original story ...)
Bankers Leaving Hong Kong Face Grim Job Markets and Higher Taxes
After several years weighing the pros and cons of leaving Hong Kong, Ms Lee is taking the plunge and moving to Canada. Though she has no job lined up, faces higher taxes and will have to endure harsh ... ( read original story ...)
New Zealand Suspends Extradition Treaty With Hong Kong
New Zealand has suspended its extradition treaty with Hong Kong and made a number of other changes in light of China's decision to pass a national security law for Hong Kong, Foreign Affairs Minister ... ( read original story ...)