Moody’s downgrades Hong Kong after China ratings cut

HONG KONG Moody's Investors Service downgraded Hong Kong's local and foreign currency issuer ratings just hours after it cut China's credit ratings for the first time in nearly 30 years. The U.S. ratings agency downgraded Hong Kong's rating to Aa2 from Aa1 ... ( read original story ...)

Hong Kong police arrest 21 Uber drivers in new crackdown

HONG KONG -- Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar ... ( read original story ...)

WuXi Biologics to launch $513 mln Hong Kong IPO on Thursday -IFR

HONG KONG May 24 WuXi Biologics (Cayman) Inc, a Chinese contract drug research and development company, plans to launch on Thursday an initial public offering of up to $513 million in Hong Kong, IFR reported, citing people close to the deal. The company is ... ( read original story ...)

Fitch Affirms China’s 5 State Banks at ‘A’; Outlook Stable

Hong Kong Primary Analyst (BOC, CCB) Katie Chen Director +886 2 8175 7614 Secondary Analyst (BOC, CCB) Grace Wu Senior Director +852 2263 9919 Secondary Analyst (ICBC, BOCOM) Jack Yuan Associate Director +86 21 5097 3038 Secondary Analyst (ABC) Jaclyn Wang ... ( read original story ...)

HSBC makes ‘big bet’ on Canada in bid for more market share

HSBC Holdings Plc is getting aggressive in Canada -- and one ... and we’ve got a real focus now on China, a great corridor with Hong Kong. We’re really well positioned.” The Canadian operations are a “Top Five” producer of profit before taxes ... ( read original story ...)

Hong Kong cops arrest 21 Uber drivers in latest crackdown

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar case in Hong ... ( read original story ...)

Hong Kong police arrest 21 Uber drivers in latest crackdown

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial center. It's the latest regulatory headache for Uber, which already is fighting a similar case in Hong ... ( read original story ...)

Hong Kong police arrest 21 Uber drivers

HONG KONG Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of an ongoing clamp down against Uber Technologies Inc's operations in the Asian financial city. The arrests marked the latest upset for the San Francisco-based ... ( read original story ...)