Hong Kong Monetary Authority's CEO has defended Hong Kong's currency peg, saying it helped see the city through some of its toughest economic challenges. ( read original story ...)
Hong Kong stocks rise more than 3% after ending October at lowest levels since mid-2009
Asia-Pacific shares were higher on Tuesday ahead of Australia's central bank decision. The Caixin manufacturing PMI showed a contraction in October. ( read original story ...)
China’s property crash sends billionaire founders heading to exits
Defaults, failure to deliver homes on time and an unrelenting market sell-off. Now builders’ founders are leaving. Read more at straitstimes.com. ( read original story ...)
Hong Kong is ‘Asia’s sustainable finance centre’, thanks to green bond growth and carbon-credit trading, bankers say
With rapid growth in the issuance of green bonds and a new carbon-credit trading platform, Hong Kong can play a pivotal role in the journey towards net zero, experts said ahead of a key summit this ... ( read original story ...)
Struggling Hong Kong seeks comeback with bank summit, rugby
The financial centre is hoping to convince the world it is back in business after nearly three years of pandemic curbs. ( read original story ...)
Hong Kong markets rise 2%; RBA decision, private survey on China’s factory activity ahead
Asia-Pacific shares were higher on Tuesday ahead of Australia's central bank decision and the results of a private survey on Chinese factory activity. ( read original story ...)
Hong Kong’s currency peg has been great for the city in times of uncertainty, HKMA says
Hong Kong Monetary Authority's chief executive Eddie Yu has defended Hong Kong's currency peg to the U.S. dollar, saying it helped the city through some of its toughest economic challenges previously. ( read original story ...)
Hong Kong ‘never left’, the city’s status as global finance hub never faltered during pandemic, JPMorgan’s wealth chief says
'Hong Kong never left. It shouldn't be so hard on itself,' says Mary Callahan Erdoes, the chief executive of JPMorgan Asset & Wealth Management Erdoes credits the city's 'super-connector' role with ... ( read original story ...)
Global Bankers Fly Into Hong Kong Amid Growing US-China Tensions
Some of the biggest names on Wall Street are descending on Hong Kong in their first trip since the pandemic began, defying criticism by US lawmakers amid growing tensions with China. ( read original story ...)
Hong Kong To Conduct Public Consultation on Retail Crypto Trading, ETFs
The Chinese territory is considering a range of pro-crypto measures, in contrast to the mainland’s draconian approach to digital asset regulation. ( read original story ...)
Hong Kong bets on summit to herald its comeback as financial hub
Hong Kong aims to restore its reputation as a global financial hub by playing host to a bevy of top Wall Street executives this week, defying critics who say a talent crunch and geopolitical tensions ... ( read original story ...)
Three Top Bankers Pull Out of Hong Kong’s Global Finance Summit
Challenges are mounting for Hong Kong’s major financial summit this week, with three top executives pulling out and a tropical cyclone approaching. Most Read from BloombergMusk Posts Then Deletes Twee ... ( read original story ...)