The head of the U.S. Securities and Exchange Commission (SEC) said Wednesday that he will not send public accounting inspectors to China or Hong Kong unless Washington and Beijing can agree on ... ( read original story ...)
Hong Kong property tycoon accuses US of intending to destroy city’s financial status, mainland China
Hang Lung Group chairman Ronnie Chan says city must not underestimate 'madness with which the US wants to destroy mainland China', and Hong Kong Property tycoon and ex-head of securities watchdog also ... ( read original story ...)
HSBC to be told it must break up bank in meeting with Hong Kong investors
The boss of HSBC will be urged to carve the bank in two when he meets retail investors in Hong Kong for the first time in three years as China increasingly asserts control over the business. Noel ... ( read original story ...)
Hong Kong Set for Billions in Inflows From China Companies’ Listing Upgrades
E-commerce giant Alibaba Group said on Tuesday it would apply to convert its Hong Kong secondary listing into a dual primary that would make it easier for mainland Chinese investors to buy its shares. ( read original story ...)
HSBC Buys back Over 4.17M Shrs in HK, London Ytd for $208M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 4.1739 million shares in London and Hong Kong yesterday (26th), involving a total of approximately HKD208 million. HSBC ... ( read original story ...)
Hong Kong stocks slip as Alibaba surrenders gain, HSBC drops before earnings and Country Garden crashes on stock placement
Alibaba Group surrenders nearly all of Tuesday's gain while HSBC weakens with both due to report earnings next week Country Garden slumps after proposing to raise US$360 million from stock placement ... ( read original story ...)
Hong Kong to launch HK$5 billion tech fund in August, finance chief reveals
Paul Chan tells Post government hopes new measures will help future local unicorns reach their full potential Entrepreneurs welcome plan, but one academic warns taxpayer dollars must not go to losing ... ( read original story ...)
Hong Kong mulls more measures for convenient return of US-listed mainland firms: Financial Secretary
As the US' push for "decoupling" with China brings about monumental political risks for US-listed Chinese mainland firms, Hong Kong hopes to adjust some stock market rules to make it more convenient ... ( read original story ...)
Hong Kong says may have to downgrade annual growth forecast in August – SCMP
Hong Kong may have to downgrade its annual growth forecast in August for the second time in three months, the city's financial secretary told the South China Morning Post, pointing to the weak ... ( read original story ...)
Standard Chartered, HSBC expected to report weaker results as choppy markets, China’s economic slowdown weigh on outlook
When HSBC and Standard Chartered report their interim results beginning this week, investors will be closely watching for guidance on the outlook for Hong Kong's economy and whether further strains ... ( read original story ...)
Hong Kong exodus hits Japanese business in financial hub
The survey, conducted jointly earlier this month by three Japanese organisations in Hong Kong, found that 68.6% of respondents said the talent drain and difficulty in finding capable people were the ... ( read original story ...)
Alibaba seeks Hong Kong primary listing for Stock Connect access, ‘wider and more diversified investor base’
Alibaba Group Holding is seeking a primary listing on Hong Kong's stock exchange, elevating its status on Asia's third-largest bourse to gain access to a transborder investment channel with mainland ... ( read original story ...)
Asia-Pacific mostly higher as Hang Seng soars over 300 pts
Major Asian-Pacific stock markets traded mostly higher on Tuesday amid the release of new economic data and news on the global economic outlook. Investors in the region are closely following the ... ( read original story ...)
BOCHK Lifts 3-mth HKD Time Deposit Rate to 1.2%, Highest among 4 Major HK Banks
BOC HONG KONG (02388.HK) increased the time deposit rates for HKD and USD. The three-month and one-year HKD time deposit rates were added by 0.2% each, to 1.2% and 2.2%, respectively. The six-month ... ( read original story ...)