The Greater Bay Area fund will target start-ups in Hong Kong, Macau, as well as parts of Guangdong province “to invigorate the innovation and entrepreneurial spirit of Hong Kong”. ( read original story ...)
Hong Kong district councilors must take oath despite exodus
Hong Kong's leader said Tuesday that elected district councilors will still need to take an oath pledging allegiance to Hong Kong despite the resignation of dozens of councilors who are refusing to do ... ( read original story ...)
Biden to warn US companies of risks of operating in Hong Kong
The Biden administration will this week warn US companies of the increasing risks of operating in Hong Kong as China asserts greater control over the financial hub. According to three people familiar ... ( read original story ...)
China Says It Opposes U.S. Interference in Internal Affairs Related to Hong Kong
China said on Tuesday it opposed the United States interfering in its internal affairs, in response to a report that Washington will warn U.S. companies of risks of operating in Hong Kong. Hong Kong ... ( read original story ...)
Biden to warn U.S. companies of risks of operating in Hong Kong – FT
The Biden administration will this week warn U.S. companies of the increasing risks of operating in Hong Kong as China asserts greater control over the financial hub, the Financial Times reported on ... ( read original story ...)
Hong Kong stocks extend gains on China’s policy easing before economic data and corporate earnings reports
China’s decision to inject more than 1 trillion yuan (US$155 billion) of liquidity into the system from July 15 is reviving appetite for stocks amid a crackdown on tech companies. ( read original story ...)
Industrial & Comm’l Bank of China (Asia) Ltd. — Moody’s takes rating actions on nine Hong Kong banks following update to banks methodology
Moody's takes rating actions on nine Hong Kong banks following update to banks methodologyRead the full article at Moody's ... ( read original story ...)
China’s U.S. IPO Queue to Shrink Amid Regulatory Crackdown
China’s crackdown on U.S. initial public offerings by its companies has put its burgeoning pipeline of potential listings at risk. ( read original story ...)
{Block Trade}BOC HONG KONG: 2.72m shares, or HK$69.21m
Block Trade}BOC HONG KONG: 2.72m shares, or HK$69.21m [ET Net News Agency, 12 July 2021] A direct manual trade of 2.72 million shares of BOC HONG KONG (02388) was registered at 2:39p.m. The deal amoun ... ( read original story ...)
Hong Kong’s Exodus Is Real and Painful
Casual conversations in Hong Kong these days turn quickly to departures: Where to go, how to find work or school places. Subway station advertisements tout developments in London commuter towns. ( read original story ...)
Hong Kong’s Fintech Velotrade Secures Funding and Partnership with Vynn Capital
Velotrade, a Hong Kong-headquartered growing leader in trade finance, has secured funding and partnership with Vynn Capital, ... ( read original story ...)
Amundi Aims to Double Greater China Assets to $250 Billion
Amundi SA is seeking to attract as much as $250 billion in assets from the Greater China region, pledging to build a secondary home base in one of the world’s fastest-growing wealth markets. ( read original story ...)
Hong Kong to benefit from Beijing’s Didi crackdown, IPO rules overhaul, analysts say
Many of China’s high-flying technology companies have opted for IPOs in the US, as it has the deepest and most liquid market globally. The tide, however, maybe turning, with the likes of LinkDoc ... ( read original story ...)
Hong Kong ‘doxing’ crackdown stirs further fears for business
During the Hong Kong protests in 2019, doxing — the malicious sharing of personal information online — was rife. Protesters used Facebook and Telegram to broadcast the details of police officers ... ( read original story ...)