Two HSBC executives are set to face questions from MPs next week over the bank’s stance on Hong Kong, amid mounting pressure to reverse a decision to freeze the accounts of pro-democracy activists in ... ( read original story ...)
Hong Kong Hits 30K Resistance Level, ByteDance Rival Kuaishou Prepares For IPO, Week In Review
Hong Kong stocks outperformed Mainland China this week, hitting the 30,000 resistance level, following a year of lackluster returns compared to the Mainland. ByteDance rival Kuaishou has locked in ... ( read original story ...)
MPs to question HSBC chief over freezing Hong Kong pro-democracy accounts
Foreign affairs committee move to call Noel Quinn comes days after pro-democracy politician Ted Hui urged MPs to investigate the bank ... ( read original story ...)
Chinese Startup Leaks 318 Million Private Records Obtained Through Data Scraping Facebook, Instagram, and LinkedIn Social Profiles
A Chinese startup leaked information of more than 214 million social media users obtained through data scraping, including private information not provided on social profiles. ( read original story ...)
Hong Kong Business Expectations Erode In Q1
(RTTNews) - The share of Hong Kong businesses expecting their business situation to be worse in the first quarter of the year compared to the ... ( read original story ...)
Hong Kong to Set First Lockdown in Kowloon Area, Media Say
Hong Kong is preparing to lock down thousands of residents in a bid to contain a worsening outbreak of the coronavirus, local media outlets reported Friday, citing unidentified people. ( read original story ...)
Coronavirus live news: Hong Kong to impose local lockdown; EU seeking clarity from Pfizer over vaccine delays
Tens of thousands to be ordered to stay at home in Hong Kong; European Commission to question Pfizer over vaccine delivery delays ... ( read original story ...)
Hong Kong’s Hang Seng Index Battles Midlife Crisis: Boring Stocks and Blacklists
The Hang Seng Index, the main barometer of Hong Kong’s $6 trillion stock market, will be getting a makeover. ( read original story ...)
China’s Kuaishou and RLX raise IPO targets amid strong demand
Chinese companies seeking billions of dollars from initial public offerings in New York and Hong Kong are raising their fundraising targets amid uncertainty about whether U.S. President Joe Biden will ... ( read original story ...)
Short Video Giant Kuaishou Poised to Raise $5 Billion in IPO
Kuaishou, the mainland Chinese firm that operates the world’s second most watched short video app, has received approval for its planned public share offering. It is expected to raise $5 billion ... ( read original story ...)
Coronavirus live news: Hong Kong to impose local lockdown; six more weeks of restrictions in Ireland, say reports
Irish government said to be considering extension of regulations; Japan says ‘no truth’ to reports about the possible cancellation of the Tokyo Games ... ( read original story ...)
Hong Kong money rates drop to multi-year lows on capital inflows
Heavy foreign flows into Hong Kong's stock market drove borrowing costs to multi-year lows this week, prompting investors to suspect there won't be any need for the customary official liquidity ... ( read original story ...)
Stock Bubble Worries Push Chinese Investors From Home to Hong Kong
SHANGHAI (Reuters) - As China's blue-chip index approaches an all-time high, growing fears about bubbles developing in some parts of the country's stock market are prodding some investors to seek ... ( read original story ...)
Hong Kong stocks fall as China’s composite index slips when global rally pauses
Hong Kong stocks ended lower on Friday, the biggest daily percentage drop since Nov. 30, as investors locked in gains following recent strength and China's composite stock index slipped amid a ... ( read original story ...)