Bill 2021 was gazetted today to further develop the Financial Reporting Council into a full-fledged independent regulatory body for the accounting profession. Under the proposed regime, regulatory ... ( read original story ...)
Washington is warning American firms about doing business in Hong Kong
including Hong Kong Chief Executive Carrie Lam, who later said she was forced to stockpile cash because the restrictions cut her off from the global banking system. (Reuters reported Thursday that ... ( read original story ...)
Biden says Hong Kong is ‘deteriorating,’ and the administration set to release an advisory for US businesses on the situation
"The Chinese government is not keeping its commitment that it made, how it would deal with Hong Kong," President Biden said on Thursday. ( read original story ...)
Biden says U.S. to warn business on deteriorating Hong Kong
President Joe Biden will caution U.S. companies about the risks of doing business in Hong Kong because of "what may happen" as China continues to tighten its grip on the island, marking a new step in ... ( read original story ...)
China plans to exempt Hong Kong IPOs from cybersecurity reviews
China plans to exempt companies going public in Hong Kong from first seeking the approval of the country's cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial ... ( read original story ...)
Hong Kong’s hot market eyes busiest day for IPOs in six months
Hong Kong had its busiest day for initial public offerings in six months on Friday, reinforcing the city's role as a listings venue when regulators in both China and the U.S. are putting a chill on ... ( read original story ...)
Hong Kong stocks trim gains as traders assess China slowdown, Biden’s warning on city
Hong Kong stocks fall as traders see limited policy stimulus from China to stem a deeper economic slowdown, while Biden prepares to warn US businesses about doing business in the city. ( read original story ...)
Asian markets lower on growth, virus concerns
Asian markets edged lower on Friday as investors weighed concerns over economic growth and virus outbreaks and risk aversion set in following dovish comments from the Federal Reserve chief. Fed Chair ... ( read original story ...)
Biden says Hong Kong is ‘deteriorating,’ and the administration is set to release an advisory for US businesses on the situation
"The Chinese government is not keeping its commitment that it made, how it would deal with Hong Kong," President Biden said on Thursday. ( read original story ...)
The U.S. will warn companies about Hong Kong’s ‘deteriorating’ situation, Biden says
U.S. President Joe Biden said his administration will issue an advisory to warn American companies about the risks of doing business in Hong Kong. "The situation in Hong Kong is deteriorating. And the ... ( read original story ...)
Hong Kong biotech firm Prenetics is set to list on the Nasdaq through a SPAC merger
Hong Kong biotech Prenetics is set to merge with Artisan Acquisition, a special purpose acquisition company backed by Hong Kong billionaire Adrian Cheng, a source tells CNBC's Emily Tan. The deal will ... ( read original story ...)
Hang Seng: Resistance Expected At 28,000 Points
The Hang Seng Index now rests just ... Henderson Land climbed 1.66 percent, Hong Kong & China Gas gathered 1.63 percent, Industrial and Commercial Bank of China perked 1.59 percent, Longfor ... ( read original story ...)
China to order developers to disclose commercial paper debt every month – sources
Chinese regulators want property developers to disclose details of rapidly growing commercial paper issuance in their monthly reports, said three sources, as part of Beijing's move to rein in ... ( read original story ...)
HSBC secures first Push facility in ASEAN for Nutifood, backing Vietnam–Italy trade
The offshore loan from HSBC for Nutifood is the first of its kind in Vietnam and ASEAN and is expected to promote bilateral trade between Vietnam and Italy. ( read original story ...)