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Month: August 2021

Posted on 04/08/2021

Tech Stocks Fuel Hong Kong Reprieve Rally as China Money Returns

The return of Chinese investors and bargain hunters in tech stocks is giving Hong Kong’s equities market a reprieve from weeks of relentless selling.The Hang Seng Index rose as much 1.7% Wednesday, ... ( read original story ...)

Posted on 04/08/2021

Hong Kong Justice Secretary Cheung seeks to ease firms’ worries on anti-sanctions law

The law is a measure devised by Beijing to hit back at the US and other critics. Read more at straitstimes.com. ( read original story ...)

Posted on 04/08/2021

Hong Kong Minister Seeks to Ease Firms’ Worries on Sanctions Law

Hong Kong’s top legal official said businesses shouldn’t be “too worried” about China’s imposition of an anti-sanctions law on the financial hub, as the government tries to ease worries Beijing’s ... ( read original story ...)

Posted on 04/08/2021

Li Auto: China Tesla rival plans Hong Kong secondary listing

Chinese electric car maker Li Auto has said it plans to raise as much as $1.9bn (£1.4bn) in a secondary listing of its shares in Hong Kong. Shares in the Tesla rival are already traded on the Nasdaq ... ( read original story ...)

Posted on 04/08/2021

Banks from HSBC to Citi shrug off China risks, embrace Hong Kong

Geopolitical tensions have done little to dampen Hong Kong's financial services industry Hong Kong: Standard Chartered Plc Chief Executive Officer Bill Winters was the latest executive in recent weeks ... ( read original story ...)

Posted on 04/08/2021

Coronavirus: Hong Kong zero-infection streak in balance as authorities probe construction worker case

The 43-year-old tested negative for Covid-19 at hospital on Wednesday after returning a preliminary-postive result a day early. ( read original story ...)

Posted on 04/08/2021

China Tesla rival plans Hong Kong secondary listing

Chinese electric car maker Li Auto has said it plans to raise as much as $1.9bn (£1.4bn) in a secondary listing of its shares in Hong Kong.Shares in the Tesla rival are already traded on the Nasdaq ... ( read original story ...)

Posted on 04/08/2021

Hong Kong Bourse Tipped To Bounce Higher On Wednesday

The Hong Kong stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had spiked more than 1,220 points or 4 percent. The Hang Seng Index now ... ( read original story ...)

Posted on 04/08/2021

Banks From HSBC to Citi Shrug Off China Risks, Embrace H.K.

Growing geopolitical tensions and pulled initial public offerings have done little to damp the appetite of Western banks for Hong Kong and China.Standard Chartered Plc Chief Executive Officer Bill ... ( read original story ...)

Posted on 04/08/2021

Razer’s VC arm leads Singapore coffee tech startup’s $1.3m round

The first 1,000 units of Morning Machine, a specialty coffee capsule product, sold out within six months of its launch in 2020. ( read original story ...)

Posted on 04/08/2021

Hong Kong regulator fines UBS US$1.5 million for compliance breaches

Swiss bank UBS was fined HKUS$11.55 million (US$1.5 million) by Hong Kong's securities regulator for failing to disclose its holdings in some ... ( read original story ...)

Posted on 04/08/2021

Anti-sanctions law will be wielded with care, Hong Kong justice minister vows

Fresh off her four-day visit to Beijing, Teresa Cheng offers assurances the law will only be used to counter unreasonable sanctions on the city and country. ( read original story ...)

Posted on 04/08/2021

Bank helps Hong Kong staff navigate China security law

Efforts by Standard Chartered to keep its 6,000 staff in Hong Kong “out of trouble” by helping them to deal with the national security law imposed on the ter ... ( read original story ...)

Posted on 04/08/2021

Hong Kong regulator fines UBS US$1.5 millon for compliance breaches

Swiss bank UBS was fined HK$11.55 million (US$1.5 million) by Hong Kong's securities regulator for failing to disclose its holdings in ... ( read original story ...)

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