Ant is expected to offer up to 15 per cent of its shares in a dual offering in Hong Kong and Shanghai at a valuation of between $200bn and $300bn, according to people familiar with its plans. At the ... ( read original story ...)
China Market Update: Ant Group Hong Kong Files For Hong Kong IPO, US-China Trade Teams Talk
Asian equities had a mixed day on light summer volumes, despite news prior to the open that USTR Lighthizer and Treasury Secretary Mnuchin had a call with Vice Premier Liu He. Both sides had positive ... ( read original story ...)
U.S. says China ‘bullying’ UK, cites HSBC Hong Kong-related accounts
U.S. Secretary of State Mike Pompeo on Wednesday renewed criticism of British Bank HSBC for its reported treatment of pro-democracy customers in Hong Kong, saying China was "bullying" the United ... ( read original story ...)
Meet the startups from Brinc’s first online Demo Day
Like other accelerators, Brinc hasn’t let 2020 get in the way of its program for early-stage startups. The firm is known for focusing on food technology, health tech, clean energy, and hardware, and ... ( read original story ...)
Asset management giant Vanguard to close Hong Kong office, exit ETF business as part of strategic reshuffle
Vanguard is set to close its Hong Kong offices and exit its exchange-traded funds business in the city as part of restructuring following ‘extensive review’ of international operations. ( read original story ...)
U.S. ‘dismayed’ by HSBC’s reported actions over Hong Kong accounts: statement
U.S. Secretary of State Mike Pompeo on Wednesday said the United States was "dismayed" by British bank HSBC's reported actions toward certain Hong Kong-related accounts, including those linked to ... ( read original story ...)
UPDATE 1-U.S. says China ‘bullying’ UK, cites HSBC Hong Kong-related accounts
U.S. Secretary of State Mike Pompeo on Wednesday said the United States was “dismayed” by British bank HSBC’s reported actions toward certain Hong Kong-related accounts, including those linked to ... ( read original story ...)
Vanguard uproots staff from Hong Kong to focus on Shanghai
Vanguard Group has said it will leave Hong Kong and plans to relocate staff from the territory to Shanghai, becoming the latest US firm to focus on the opening up of mainland China’s vast fund ... ( read original story ...)
Vanguard to exit Hong Kong and move regional HQ to China
Vanguard issued a statement to the Hong Kong Stock Exchange on Wednesday, saying it would “seek to implement an orderly exit from its exchange traded funds business in Hong Kong”, adding that it was ... ( read original story ...)
Two Hong Kong Opposition Lawmakers Among New Protest Arrests
Two prominent Hong Kong opposition lawmakers were among more than a dozen people arrested Wednesday in a police operation focused on last year's huge protests, part of a widening crackdown against the ... ( read original story ...)
Vanguard to close Hong Kong, Japan operations
U.S. asset manager Vanguard Group said on Wednesday it will close its operations in Hong Kong and Japan and exit Hong Kong exchange-traded funds, citing unsupportive "industry dynamics". ( read original story ...)
Hong Kong shares close flat as tech gains offset mainland losses
Hong Kong shares recovered from earlier losses and finished largely flat on Wednesday, as gains in the information technology sector offset weakness in mainland markets. ** The Hang Seng index was ... ( read original story ...)
Hong Kong businesses see virus containment as a priority, CEO says
George Leung of the Hong Kong General Chamber of Commerce says most of its surveyed members see containment of the coronavirus as a priority so that businesses can run normally, but they still count ... ( read original story ...)
Hong Kong police arrest pro-democracy lawmakers
Hong Kong police have arrested two pro-democracy lawmakers for allegedly participating in social unrest last year as authorities crack down after the introduction of a national security law in June. ( read original story ...)