A leading Hong Kong official has said senior members of the city’s government are finding it increasingly difficult to bank with foreign institutions as tensions mount between China and the US over ... ( read original story ...)
Asian Stocks Set for Muted Start; Gold Steadies: Markets Wrap
Asian stocks looked set to for a muted start to trading Tuesday after their U.S. counterparts closed higher on speculation the Federal Reserve will reinforce its dovish message. Gold steadied at a ... ( read original story ...)
Hong Kong Tension May Hasten Daiwa’s Plans to Shift to Mainland
Daiwa Securities Group Inc. may accelerate plans to scale back its presence in Hong Kong if the tension in the Chinese territory worsens significantly, according to the Japanese brokerage’s deputy ... ( read original story ...)
Hang Seng to Launch New Index of Benchmark-Beating Tech Stocks
A new index focused on China’s technology giants is set to give investors greater access to their growing dominance in Hong Kong’s market.The new index will track the 30 largest tech companies listed ... ( read original story ...)
Hong Kong Bans Gatherings Of More Than 2 People After COVID Cases Rise
Hong Kong unveils its toughest coronavirus restrictions yet, including a ban on gatherings of two or more Hong Kong made headlines on Monday for announcing its latest round of restrictions aimed at ... ( read original story ...)
The next global financial crisis looms as coronavirus batters demand, warns former Hong Kong Monetary Authority chief Joseph Yam
Covid-19 has pushed the world to the brink of another financial crisis, as ‘problematic’ global QE programmes won’t overcome the slump in consumption, says Joseph Yam, former chief of Hong Kong’s de ... ( read original story ...)
New Tech Index Tracks the Likes of Alibaba, Tencent in Hong Kong
The Hang Seng Tech Index monitors the performance of the 30-largest tech companies listed in Hong Kong. Hong Kong as a stock market has always had very traditional bent, dominated by banks and ... ( read original story ...)
Hong Kong, Which Had All But Beaten Coronavirus, Adopts Tough Restrictions Amid a Troubling Surge
We have many untraceable cases and it’s difficult to eliminate the hidden transmission chain in a short period of time.” Hong Kong has avoided the strict lockdowns seen in the U.S., Europe and ... ( read original story ...)
Toyko, Sydney Aim to Lure Edgy Hong Kong Financial Firms, but Singapore a Top Draw
High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions t ... ( read original story ...)
Hong Kong to Ban Dining-in, Gatherings Of More Than Two
Hong Kong will ban all dine-in services at restaurants and public gatherings of more than two people not from the same family starting Wednesday, as the city’s worst coronavirus outbreak shows no sign ... ( read original story ...)
Hong Kong extends virus restrictions to ban gatherings of more than two people
Hong Kong on Monday announced further restrictions to curb a surge in coronavirus cases, including a ban on gatherings of more than two people, a total bar on restaurant dining and mandatory face ... ( read original story ...)
Hong Kong’s ‘Nasdaq of the east’ has rough first day of trading
Trading on Hong Kong's new Nasdaq-like technology index got off to a rough start Monday as the Asian financial hub looks to cement its status as a base for Chinese tech, while tensions between the ... ( read original story ...)
Hong Kong extends virus restrictions to gatherings of more than two people
Hong Kong on Monday announced further restrictions to curb a surge in coronavirus cases, including a ban on gatherings of more than two people, a total bar on restaurant dining and mandatory facemasks ... ( read original story ...)
Hang Seng Tech Index swings between gains and losses on debut, but focus now on smaller firms that can juice fund returns
Smaller companies, in the shadows of Alibaba and Tencent, hope that the index will bring them to the attention of fund managers. ( read original story ...)