Along with several other mid- to large-sized deals in the pipeline, they are poised to revive a dormant market where firms raised a paltry $2.6 billion between January and June. That's a 92% slump ... ( read original story ...)
China to Start Interest-Rate Swap Connect With Hong Kong
The People's Bank of China, the Hong Kong Monetary Authority and Hong Kong's Securities and Futures Commission are working to develop swap connect that would enable offshore investors to execute ... ( read original story ...)
HSBC Buys back 4.8M Shrs in HK, London Last Thu, Fri for $247M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 4.8 million shares in London and Hong Kong last Thursday (30 June) and Friday (1 July), involving a total of approximately HKD247 ... ( read original story ...)
Chinese property developer Shimao misses repayment on US$1 billion bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market. Shimao was unable to ... ( read original story ...)
Hong Kong investors gain access to US$89.6 billion in China-based ETFs as expansion of Stock Connect scheme kicks in
The ETF Connect is being hailed as part of a "gift package" that marked the 25th anniversary of the city's handover to Chinese sovereignty Move further entrenches Hong Kong as a global financial ... ( read original story ...)
Hong Kong lawmaker photographed with Chinese President Xi tests positive for Covid-19
A Hong Kong lawmaker who was photographed standing close to Chinese President Xi Jinping earlier this week announced Sunday he had tested positive for Covid-19. ( read original story ...)
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market.Shimao was unable to ... ( read original story ...)
China state museum opens in Hong Kong amid patriotism drive
China's famed Palace Museum opened a branch in Hong Kong Sunday amid a drive to build loyalty to Beijing in the former British colony that reverted to Chinese rule 25 years ago. Works of calligraphy ... ( read original story ...)
Chance of finding missing crew off Hong Kong ‘very slim’ after storm – authorities
The chance of finding 27 crew members alive from a vessel that snapped in two as tropical storm Chaba passed through Hong Kong and southern China is "very slim", government rescue authorities said on ... ( read original story ...)
Hong Kong’s new chief executive sees no need for mass COVID-19 testing right now
John Lee, appearing on a program broadcast by TVB on Sunday, shed more light on his COVID-19 agenda for the first time since being sworn in as chief executive. ( read original story ...)
Hong Kong lawmaker tests Covid positive after photo with Xi
A Hong Kong lawmaker who posed for a group photo with Chinese President Xi Jinping during the leader's visit to the financial hub this week confirmed Sunday he has since tested positive for ... ( read original story ...)
Could Chinese demand soften the blow of a US recession on Hong Kong, South Korea and Singapore?
Analysts say even a marginal acceleration of Chinese demand could cushion the growth drag on Asia from slower shipments from the US. But China’s economy faces numerous headwinds that threaten to throw ... ( read original story ...)
Hong Kong’s Lee Sees No Immediate Need for Mass Covid Testing
Hong Kong’s new Chief Executive John Lee said there is no immediate need for a universal compulsory Covid testing campaign in the city but stressed that there needs to be a reduction in the number of ... ( read original story ...)
The Observer view on China’s rule over Hong Kong
However much it offends our sensibilities, what can the west really do about Xi Jinping’s warped version of democracy? ( read original story ...)