Hong Kong Monetary Authority is shifting focus from shepherding financial innovation with the launch of the eight virtual banks last year towards chivvying digital laggards among the city's small and ... ( read original story ...)
Pandemic-induced hunger for IPOs keeps Hong Kong’s investment bankers busy
Hong Kong's bankers are working around the clock as the region's companies rush to go public. Companies are trying to "get the deal done as soon as they can", said Stephanie Tang, head of private ... ( read original story ...)
U.S. Sanctions 24 Chinese and Hong Kong Officials Over Civic Rights
The United States has today deployed sanctions against 24 Chinese and Hong Kong officials for undermining Hong Kong's ability to govern itself and elect its own government. It's the first direct ... ( read original story ...)
State Department announces sanctions on Chinese officials over Hong Kong crackdown
Secretary of State Antony Blinken on Tuesday announced sanctions against two dozen Chinese and Hong Kong officials for undermining the territory’s semi-autonomy from Beijing, just days before a ... ( read original story ...)
Hong Kong rises to fourth in global financial centre rankings on the back of strong IPO market, mainland stock links
While Hong Kong ranked fourth in terms of business environment, human capital, infrastructure and reputation, it ranked fifth in financial sector development, said Mike Wardle, director and head of ... ( read original story ...)
How China’s Communist Cash Crushed Hong Kong’s Democratic Aspirations
NRPLUS MEMBER ARTICLE W hen we think of Beijing’s drive to crush Hong Kong’s nascent democracy, what comes to mind are images of mass demonstrations and of pro-democracy icons rounded up, imprisoned, ... ( read original story ...)
US sanctions 24 Hong Kong and Chinese officials ahead of a high-level meeting with Chinese diplomats
Washington has sanctioned 24 officials over Beijing's ongoing crackdown on Hong Kong. This move comes as US Sec. of State Antony Blinken prepares to meet top Chinese diplomats in Alaska. Those ... ( read original story ...)
Chinese tech giant Baidu to raise $3.1 billion in Hong Kong listing
Baidu has priced its shares at 252 Hong Kong dollars ($32.45) for its upcoming secondary listing. The technology giant previous announced plans to issue 95 million Class A ordinary shares. At 252 Hong ... ( read original story ...)
Hong Kong: IPO hits almost $11 billion, close to 500% jump from 1 year earlier
A pandemic-induced hunger for technology stocks and the threat of US delistings have been a boon for the financial hub during a difficult political stretch, driving a surge in initial and secondary ... ( read original story ...)
US sanctions 24 China and Hong Kong officials ahead of talks
Lam said in a television interview in November last year that the sanctions meant she receives her salary in cash and has “piles of cash” at home because she was cut off from banking services in Hong ... ( read original story ...)
Hong Kong coronavirus: Stories of children separated from parents highlight the price of pandemic success
When Ariel saw her two young sons isolated in a Hong Kong hospital ward with Covid-19, she broke down. The brothers -- age 5 and 1 and both asymptomatic -- were wearing vests that were tied to their ... ( read original story ...)
Hong Kong locks down overnight to ward off ‘fifth wave’
Hong Kong authorities are launching an "ambush-style" lockdown in residential buildings amid fears that a super-spreader event at a local gym could bring a 'fifth wave' of Covid-19 to the city. CNN's ... ( read original story ...)
US sanctions 24 Hong Kong and Chinese officials ahead of Blinken meeting with Beijing
Hong Kong's leader Carrie Lam, who was previously sanctioned under the HKAA, has said the move effectively cut her out of the global banking system, forcing her to stockpile cash because banks will ... ( read original story ...)
U.S. agency criticizes Hong Kong air carrier quarantine rules
The U.S. Transportation Department (USDOT) warned it could limit flights by carriers based in Hong Kong after the Asian financial hub imposed quarantine rules that have impacted U.S. cargo carrier ... ( read original story ...)