US sanctions could lead to bank account closures and credit card cancellations for sanctioned officials and their families as banks are wary of running afoul of American regulators, compliance ... ( read original story ...)
The Publishing Empire Helping China Silence Dissent in Hong Kong
China’s Liaison Office controls newspapers and book publishers that promote the country’s agenda and, according to critics including pro-democracy lawmakers, silence dissenting voices. ( read original story ...)
Hang Seng Bank: Dividend Cut Was Disappointing
Hang Seng Bank's 1H 2020 dividends were cut by -32% from HK$2.80 in 1H 2019 to HK$1.90 in 1H 2020, which was disappointing. ( read original story ...)
Hong Kong protein alternatives start-up eyes juicy cut of sector forecast to reach US$630 billion by 2040
Carrie Chan started exploring entrepreneurial opportunities while still working as a property manager at a Hong Kong real estate company in 2010, but the idea for protein alternatives came to her only ... ( read original story ...)
Bay area’s ‘biggest property services firm’ Excellence Commercial said to seek up to U$400 million from Hong Kong IPO
Excellence Commercial Property, controlled by billionaire tycoon Li Hua, joins a wave of property management service providers including units of Sunac and China Evergrande in seeking a Hong Kong ... ( read original story ...)
Hong Kong, China shares end higher after central bank pumps US$100 billion into banking system
Stocks related to the mainland’s banking sector jumps 3.7 per cent, according to a gauge compiled by Xuangubao.com. ( read original story ...)
Hong Kong shares mark highest close in nearly 4 weeks
Hong Kong shares marked their highest close in nearly four weeks on Monday, tracking a regional rise after China’s central bank provided more medium-term loans to the country’s financial system. ** At ... ( read original story ...)
Hong Kong records 44 new coronavirus cases as social distancing restrictions extended
Hong Kong reported 44 new coronavirus cases on Monday as the government announced an extension to social distancing measures aimed at controlling further spreading of the virus, which has seen a ... ( read original story ...)
Hong Kong, China shares gain after central bank pumps US$100 billion into banking system
Hong Kong and China shares gained after China’s central bank injected liquidity into the financial markets to support banks on Monday.The Hang Seng Index gained 1.1 per cent to 25,457.78 on Monday as ... ( read original story ...)
China risks losing Taiwan ‘forever’ due to its actions in Hong Kong, says strategist
The "big price" that China is paying for tightening its control over Hong Kong is Taiwan, said David Roche, president and global strategist at Independent Strategy. ( read original story ...)
Mounting U.S.-China tensions are ‘unhelpful’ for Hong Kong, city’s commerce secretary says
China tensions are not good for Hong Kong, said the city's secretary for commerce and economic development, as he urged everyone to recognize that the "common enemy" of the world is the coronavirus ... ( read original story ...)
Hong Kong Stock Market May Extend Losing Streak
The Hong Kong stock market has moved lower in consecutive trading days, sinking more than 50points or 0.5 percent along the way. The Hang Seng Index now rests just above the 25,180-point plateau and ... ( read original story ...)
China Market Update: Mainland Moves Higher On Positive Caixin PMI Manufacturing Release, HSBC Weighs On Hong Kong
Growth stocks in Hong Kong were led by volume leaders Tencent, which gained +0.94%, Meituan Dianping +4.53%, Semiconducor Manufacturing +4.86%, and Alibaba HK -0.16%. ( read original story ...)
Hong Kong’s Global Matching 2020 ‘beats’ Covid-19 to help investors find innovative start-ups
Inaugural event promoting collaboration, with six-day ‘virtual’ programme to overcome pandemic’s travel restrictions, sees 160 ventures secure funding ... ( read original story ...)