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Month: September 2021

Posted on 10/09/2021

Wealth Management Connect: China’s US$46.5 billion cross-border channel gives Hong Kong a leg up in the Greater Bay Area

Greater Bay Area, which is home to four top 10 richest people in China, will have a new cross-border trading scheme for investment products, a core project by Beijing to promote capital flows and ... ( read original story ...)

Posted on 10/09/2021

Hong Kong Rallies As Asian Markets Bounce Back From Sell-off

Asian markets bounced back Friday from the previous day's losses, though investors were treading cautiously as they try to gauge the impact of the Delta variant on the global outlook. ( read original story ...)

Posted on 10/09/2021

Leaders of Hong Kong’s annual Tiananmen candlelight vigil charged with subversion

The arrests, under Hong Kong's national security law, were the latest in Beijing's intensifying crackdown on dissent in the city. ( read original story ...)

Posted on 10/09/2021

Chinese firms with offshore structure to need approval for Hong Kong IPOs -sources

China's securities regulator is looking to expand its scrutiny of overseas listings by offshore incorporated companies to include initial public offerings (IPO) in Hong Kong, five people with ... ( read original story ...)

Posted on 10/09/2021

Alibaba-Backed AI Unicorn Megvii Technology Gets Go-Ahead for USD930 Million Shanghai IPO

SenseTime submitted its IPO prospectus to the Hong Kong Stock Exchange last month, and CloudQalk Technology’s application for a Shanghai’s Star Market IPO was approved in July. Yitu Technology is ... ( read original story ...)

Posted on 10/09/2021

HSBC Share Price Slides To Major Support, Vulnerable to More Losses

The HSBC Share price continues to bleed value in September, losing 3.7% since the start of the month, and is now underwater for 2021. ( read original story ...)

Posted on 10/09/2021

Politicians Swear Loyalty to Hong Kong, but Face Govt Patriotic Test

Two dozen democratically-elected politicians swore loyalty to Hong Kong on Friday under a new patriotic law, but some opposition councillors may face disqualification if their oaths are judged ... ( read original story ...)

Posted on 10/09/2021

Hong Kong: Tiananmen vigil organisers charged with inciting subversion

Hong Kong Alliance leaders face charges under national security law Beijing imposed last year ... ( read original story ...)

Posted on 10/09/2021

Hong Kong Tiananmen vigil leaders charged with subversion

Hong Kong police charged the group that organizes the city’s annual Tiananmen candlelight vigil and three of its leaders with subversion under the national security law, amid an ongoing crackdown on ... ( read original story ...)

Posted on 10/09/2021

Hong Kong Plans to Limit Access for Retail Investors to SPACs

Hong Kong plans to curb access for retail investors to buy and trade blank check companies as regulators in the city prepare to roll out a framework this month.The city will propose to only allow what ... ( read original story ...)

Posted on 10/09/2021

{Block Trade}HANG SENG BANK: 275k shares, or HK$38.18m

ET Net News Agency, 10 September 2021] A direct manual trade of 275,000 shares of HANG SENG BANK (00011) was registered at 9:50a.m. The deal amounted to HK$38.18m, or at HK$138.85 per share. HANG SENG ... ( read original story ...)

Posted on 10/09/2021

Hong Kong export credit insurer sees claims drop to 10-year low as it benefits from steady overseas business environment

Hong Kong government-owned Export Credit Insurance Corporation recorded the lowest claims in 10 years as few overseas buyers went bankrupt. ( read original story ...)

Posted on 10/09/2021

Hong Kong Tiananmen Activists Face Security Law Charges in Court

Organizers of an annual vigil in Hong Kong to mark the Tiananmen Square crackdown are to appear in court for a bail hearing after they were charged with violating the national security law imposed by ... ( read original story ...)

Posted on 10/09/2021

Drag queens and refugee stories: touring the ‘real’ Hong Kong

By Joyce Zhou HONG KONG (Reuters) -Guide Michael Tsang was able to take tourists freely around Asia's financial hub in 2019, introducing them the city’s protest movement, explaining "one country, ... ( read original story ...)

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