Financial institutions of Lithuania and Hong Kong have both issued warning statements against Binance. Lithuania says it will take action against unregulated activity, while Hong Kong authorities are ... ( read original story ...)
Nio’s Hong Kong IPO Plans Run Into Rough Weather Due To User Trust Holdings: Report
Nearly five months after reports of a secondary listing by Nio, Inc. (NYSE: NIO) initially broke out, not much is known as to how far the plan has progressed. A report in ... ( read original story ...)
US warns investors on Hong Kong, citing China’s pressure
The Biden administration warned investors about the risks of doing business in Hong Kong, issuing an advisory that said China’s push to exert more control over the financial hub threatens the rule of ... ( read original story ...)
Biden administration to warn businesses about risks of operating in Hong Kong
U.S. officials have warned that Beijing’s crackdown has violated human rights and weakened the separation between China and the former British colony. ( read original story ...)
U.S. Warns Businesses Over Rising Risks in Hong Kong Under China Crackdown
The Biden administration is warning American businesses about the increasing risks of operating in Hong Kong as China’s tightening grip on the city causes business conditions to deteriorate. ( read original story ...)
Hong Kong, Lithuania Issue Binance Warnings
Hong Kong's Securities and Futures Commission said no entity in the Binance Group is registered to conduct any regulated activity. ( read original story ...)
Hong Kong shares post weekly gain; report on cybersecurity review waiver lifts financials
after a media report said China plans to exempt companies going public in Hong Kong from reviews by the country’s cybersecurity regulator, removing one hurdle for businesses that list in the Asian ... ( read original story ...)
U.S. Warns Investors on Hong Kong Risks, Citing China’s Pressure
The Biden administration warned investors about the risks of doing business in Hong Kong, issuing an advisory that said China’s push to exert more control over the financial hub threatens the rule of ... ( read original story ...)
Hong Kong: Accounting reform gazetted
Bill 2021 was gazetted today to further develop the Financial Reporting Council into a full-fledged independent regulatory body for the accounting profession. Under the proposed regime, regulatory ... ( read original story ...)
Washington is warning American firms about doing business in Hong Kong
including Hong Kong Chief Executive Carrie Lam, who later said she was forced to stockpile cash because the restrictions cut her off from the global banking system. (Reuters reported Thursday that ... ( read original story ...)
China plans to exempt Hong Kong IPOs from cybersecurity reviews
China plans to exempt companies going public in Hong Kong from first seeking the approval of the country's cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial ... ( read original story ...)
Hong Kong’s hot market eyes busiest day for IPOs in six months
Hong Kong had its busiest day for initial public offerings in six months on Friday, reinforcing the city's role as a listings venue when regulators in both China and the U.S. are putting a chill on ... ( read original story ...)
Hong Kong stocks trim gains as traders assess China slowdown, Biden’s warning on city
Hong Kong stocks fall as traders see limited policy stimulus from China to stem a deeper economic slowdown, while Biden prepares to warn US businesses about doing business in the city. ( read original story ...)
Asian markets lower on growth, virus concerns
Asian markets edged lower on Friday as investors weighed concerns over economic growth and virus outbreaks and risk aversion set in following dovish comments from the Federal Reserve chief. Fed Chair ... ( read original story ...)