HSBC Private Banking expects economy will contract 5 per cent this year, while Citibank has forecast a 4.6 per cent slump. ( read original story ...)
Asset manager Federated Hermes raises concerns over HSBC’s public support of national security law for Hong Kong
Federated Hermes, an asset manager, is concerned the new legislation could have an ‘adverse impact’ on human rights in Hong Kong, and wants to ‘fully understand’ HSBC’s reason for supporting it. ( read original story ...)
China unveils cross border wealth management scheme with Hong Kong, Macau
China announced details of a long-anticipated pilot scheme on Monday linking up investment of wealth management products in Hong Kong and Macau with neighbouring cities, to further integrate the ... ( read original story ...)
China Ties Hong Kong Closer With Cross Border Wealth Flows
China moved to further deepen its economic ties to Hong Kong, allowing two-way cross border purchases of wealth products at the same time as authorities in Beijing push to quell dissent in the former ... ( read original story ...)
How Hong Kong caught fire: the story of a radical uprising – podcast
Hong Kong used to be seen as cautious, pragmatic and materialistic. But in the past year, an increasingly bold protest movement has transformed the city. Now, as Beijing tightens its grip, how much ... ( read original story ...)
China, Hong Kong shares fall on coronavirus concerns
China and Hong Kong stocks retreated on Monday as sharp spikes in new COVID-19 infections around the world raised concerns about a recovery in the global economy. SHANGHAI, June 29(Reuters) - China ... ( read original story ...)
China to impose visa restrictions on U.S. individuals over Hong Kong
Beijing said on Monday it will impose visa restrictions on U.S. individuals with "egregious conduct" on Hong Kong-related issues, mirroring U.S. sanctions against unnamed Chinese officials deemed ... ( read original story ...)
China to restrict visas for some Americans over Hong Kong row
China announced Monday visa restrictions on US citizens who have "behaved egregiously" over Hong Kong, ahead of the expected approval by Chinese lawmakers of a controversial national security law for ... ( read original story ...)
China Says Will Put Visa Restrictions on U.S Individuals Over Hong Kong
China's foreign ministry said on Monday it will impose visa restrictions on U.S. individuals with egregious conduct related to Hong Kong, after Washington announced visa restrictions on some Chinese ... ( read original story ...)
How Hong Kong beat coronavirus and avoided lockdown
Despite being one of the world's most dense cities, Hong Kong never went into lockdown — making it one of the only major cities to do so. CNBC's Uptin Saiidi explains how the city overcame the ... ( read original story ...)
Asiamoney best bank awards 2020: Hong Kong
The bank takes customer feedback seriously. Hang Seng’s survey of about 1,000 Hong Kong customers showed that the majority still used a notebook or a computer spreadsheet to manage their personal ... ( read original story ...)
Asiamoney Private Banking Awards 2020: Hong Kong
No financial institution can touch HSBC in Hong Kong, where it has had a presence for three centuries. In wealth management, it is the same powerhouse it has been for decades, providing best-in-class ... ( read original story ...)
Chinese brokerages hammered in Hong Kong on media report banks to get broker licences
Chinese stock brokerages bear the brunt of a sell-off in Hong Kong and Shanghai on speculation onshore commercial banks will get new licences to compete with them. ( read original story ...)
Hong Kong’s national security law: why the rush?
The pressing business at hand concerns Hong Kong. The NPC is racing to finalise and pass a contentious national security law for Hong Kong that could come into force before Wednesday, the 23rd ... ( read original story ...)