Month: January 2021

Hong Kong’s economy shrank by a record in 2020, with the global pandemic dragging down output in a city already reeling from massive political upheaval. ( read original story ...)

China's Kuaishou Technology priced its Hong Kong IPO at the top of the range to raise $5.4 billion, three sources said, as retail investors swarmed the offering, depositing more than $60 billion in a ... ( read original story ...)

The Hong Kong stock market has finished lower in three straight sessions, plummeting more than 1,600 points or 5.2 percent along the way. The Hang Seng Index now rests just above the 28,550-point ... ( read original story ...)

Hong Kong stocks are poised to end a three-day losing streak as overnight gains in US equities and better job-market reports aid trading sentiment. The Hang Seng Index has risen more than 5 per cent ... ( read original story ...)

The operator of Hong Kong's main airport is aiming to raise as much as $1.5 billion via bond issuance to help fund the construction of a third runway, two sources with direct knowledge of the matter ... ( read original story ...)

The Hong Kong stock market turned emphatically lower again on Tuesday, one session after halting the two-day losing streak in which it had dropped more than 510 points or 1.7 percent. The Hang Seng ... ( read original story ...)

Hong Kong’s stock rally is so dependent on mainland capital that the mere suggestion the record inflows will slow has the potential to stir panic in the city’s $7.1 trillion market. ( read original story ...)

A chill swept through Chinese financial markets after the central bank withdrew cash from the banking system and an official warned about asset bubbles. ( read original story ...)

China stocks fell sharply on Thursday as persistent tight cash conditions in the interbank money market stoked fears that policymakers may be starting to shift to a tighter stance to cool gains in ... ( read original story ...)

Hong Kong may lead China's financial integration efforts with major world economies and promote digital yuan adoption. ( read original story ...)

Fund managers and bankers leaving Hong Kong for alternative financial centres have been asked to explain their decision to a range of government agencies amid ... ( read original story ...)

HSBC’s chief executive has defended the British bank’s actions in Hong Kong, including supporting a controversial national security law and freezing the accounts of activists, as UK politicians ... ( read original story ...)

Bank’s chief executive, Noel Quinn, claims business not in position to question police requests ... ( read original story ...)

U.K. lawmakers accused HSBC CEO Noel Quinn of appeasing China and ignoring the erosion of democracy and rule of law in Hong Kong, where the bank was founded more than 150 years ago. ( read original story ...)