A high-profile investor in HSBC Holdings and Standard Chartered has criticized the London-based banks for supporting China’s plan to impose a new national security law on Hong Kong, calling on them to ... ( read original story ...)
Aviva Investors ‘Uneasy’ Over HSBC, StanChart Backing for Hong Kong Security Law
Aviva Investors' Chief Investment Officer, Equities, David Cumming said both had done so without knowing the details of the law or how it will operate in practice. "If companies make political ... ( read original story ...)
Dallas investor Kyle Bass starts fund that’s banking on a Hong Kong currency collapse
Kyle Bass is going for broke on a currency trade that has burned bearish speculators for more than three decades. The Dallas-based founder of ... ( read original story ...)
These 3 U.S.-Listed Chinese Stocks Are Filing Hong Kong IPOs
Alibaba and two other Chinese tech giants have filed new IPOs in Hong Kong to hedge against an escalation of the trade war. ( read original story ...)
What HSBC and Cathay Pacific’s bow to Beijing on Hong Kong national security law tells investors about management in political crises
Cathay Pacific chairman John Slosar said in August he "wouldn't dream" of telling the firm's 27,000 Hong Kong employees what to think about politics " that was one of his last public acts. Under new ... ( read original story ...)
Hong Kong’s Leader Wants More Financial Integration With China
Hong Kong’s leader said she told Chinese officials the city should be transformed into a global hub for private wealth and a more prominent offshore Renminbi center, even amid concerns about the ... ( read original story ...)
Hong Kong Bourse Has Firm Lead For Tuesday’s Trade
The Hong Kong stock market has finished higher in six straight sessions, rising more than 1,780 points or 7.6 percent along the way. The Hang Seng Index now sits just above the 24,775-point plateau ... ( read original story ...)
Behind HSBC’s Rare Foray Into Politics Over Hong Kong
After a century and a half trying to steer a neutral course through the messy geopolitics of east versus west, HSBC has signaled its support for China over the future of Hong Kong. ( read original story ...)
HSBC’s Decision to Side With China Over Hong Kong Was a Year in the Making
After a century and a half trying to steer a neutral course through the messy geopolitics of east versus west, HSBC has signaled its support for China over the future of Hong Kong. ( read original story ...)
HK residents rush for offshore bank accounts on China law worries: sources
Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts amid concerns stemming from China's decision to impose a ... ( read original story ...)
China’s JD.com To Raise $4.1 Billion With Second Listing In Hong Kong
Chinese e-commerce giant JD.com is seeking to raise HK$31.4 billion ($4.05 billion) through a second listing in Hong Kong, joining fellow tech companies including Alibaba and NetEase in choosing the ... ( read original story ...)
Overbought Hang Seng Nonetheless Called Higher On Monday
The Hong Kong stock market has climbed higher in five straight sessions, rising more than 1,775 points or 7.6 percent along the way. ( read original story ...)
HSBC Is Navigating Dangerous Waters on Hong Kong
By supporting the national security law, the British-based bank is pointing to an even bigger shift of its resources to China. But at what cost? ( read original story ...)
Shift4, Dada, Legend Raise Over $1 Billion in U.S. IPO Surge
(Bloomberg) -- A multi-sector trident of companies priced shares worth over $1 billion on Thursday, showing the rebounding strength of U.S. initial public offerings even as the coronavirus pandemic ... ( read original story ...)