Investor reaction to the overnight drop in stocks stateside, where the Dow Jones Industrial Average dropped more than 500 points, was watched. ( read original story ...)
Hong Kong activists detained in mainland China denied family access
The families of 12 Hong Kong activists intercepted at sea by China after fleeing the city have not had contact with them since they were arrested almost a month ago, according to the relatives of one ... ( read original story ...)
BOC Aviation: All Eyes On Aircraft Deliveries And Impairment Losses
BOC Aviation's net profit after tax increased +1% YoY in 1H 2020, as a strong +11% topline growth was offset by impairment losses on financial assets and aircraft. ( read original story ...)
HSBC and StanChart shares tumble after reports claim they moved suspicious funds; Hong Kong leads losses in Asia-Pacific
The banks were identified in reports as having allegedly moved large sums of suspicious funds over a period of nearly two decades. ( read original story ...)
Jack Ma’s Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever
When Ant goes public, it will likely earn a massive valuation that puts it ahead of Saudi Aramco's record-shattering $25.6 billion IPO late last year. ( read original story ...)
Coronavirus: Hong Kong government to give one-time handout of HK$10,000 to non-permanent residents in need
Critics of the move maintain newcomers to Hong Kong haven’t contributed enough to warrant help, while supporters insist they are part of the city’s fabric. ( read original story ...)
Asia-Pacific Markets Rocked by Plunge in Hong Kong Bank Stocks, Rising Global Virus Fears
Pacific stock indexes were lower on Monday, with Hong Kong’s Hang Seng Index leading losses. Markets in Japan were closed on Monday for a holiday. The catalysts behind the weakness were reports that ... ( read original story ...)
Hong Kong has effective anti-money laundering supervision: regulator
Hong Kong's banking regulator said the financial hub was committed to meeting international standards on anti-money laundering, after media reports that some leading banks had moved large sums of ... ( read original story ...)
Top 100 Financial Employers in Hong Kong by www.willyouth.org
Top 100 Financial Employers Guidebook in Hong Kong' is launched on an online youth platform by Will-Foundation, a startup firm in Cyberport, Hong Kong. ( read original story ...)
HSBC’s Hong Kong shares plunge 52% year-to-date as bank gets caught in multiple troubles
The London-based bank's Hong Kong shares on Monday slid below their closing low for March 2009, closing at HK$29.30. They have plunged 52 per cent this year - reaching the lowest since 1995. (In ... ( read original story ...)
Hong Kong stocks fall most in two months amid simmering US-China tensions as HSBC slumps to lowest since 2009
HSBC weighs down the Hang Seng Index as bank tumbles to the lowest level since 2009 amid concerns about Beijing punishment and an investigative report linking it to some fund movements offshore. ( read original story ...)
HSBC and StanChart shares tumble after reports show they moved suspicious funds; Hong Kong leads losses in Asia-Pacific
The banks were identified in reports as having allegedly moved large sums of suspicious funds over a period of nearly two decades. ( read original story ...)
Hong Kong shares slump as banks reel from illicit fund movement reports
Tencent falls after it warns of risk to U.S. user growth Sept 21 (Reuters) - Hong Kong shares fell on Monday, dragged by financials after reports said HSBC and Standard Chartered were among banks ... ( read original story ...)
HSBC shares sink to 25-year low in Hong Kong, StanChart sags over dirty money scandal
HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags about ... ( read original story ...)