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Posted on 29/04/2020

As virus infections dwindle, Hong Kong protests gain steam

Demonstrators have gathered in a luxury mall in Hong Kong and chanted pro-democracy slogans in the latest in a string of protests over the past week as the city's coronavirus outbreak slows ... ( read original story ...)

Posted on 29/04/2020

Hong Kong court rejects appeal by protest leader Edward Leung

A Hong Kong court on Wednesday rejected an appeal by pro-democracy activist Edward Leung against a six-year jail term for his part in demonstrations in the Chinese-ruled city in 2016 that turned ... ( read original story ...)

Posted on 29/04/2020

Its U.S. Shares Soaring, JD.com Files to List in Hong Kong

Chinese e-commerce giant JD.com, listed on Nasdaq since 2014, filed a confidential application for a secondary listing in Hong Kong—moving a step closer to a stock sale as early as June. ( read original story ...)

Posted on 29/04/2020

Protesters take to Hong Kong malls for sing-alongs as coronavirus cases drop

As the number of coronavirus cases drops, Hong Kong’s protesters have returned to the streets — or rather, the shopping centers. Following a 300-strong turnout at Cityplaza on Sunday, protesters have ... ( read original story ...)

Posted on 29/04/2020

Financials lift Hong Kong shares after China banks post profit growth

HSI financial sector sub-index gains 0.6%; property sector up 0.9% April 29 (Reuters) - Hong Kong shares finished higher on Wednesday, lifted by financials after China's biggest listed banks reported ... ( read original story ...)

Posted on 29/04/2020

HSBC’s first-quarter profits drop by nearly half as coronavirus hits

HSBC set aside more money for potentially larger loan losses due to the coronavirus pandemic and weakening oil prices. ( read original story ...)

Posted on 29/04/2020

At Last, an HSBC Wound That Isn’t Self-Inflicted

As the coronavirus damage ebbs in Hong Kong and mainland China, the bank’s pivot to Asia may yet be vindicated. ( read original story ...)

Posted on 29/04/2020

Hong Kong economy to shrink between 4% and 7% in 2020, says finance chief

Hong Kong Financial Secretary Paul Chan expects the city's economy to contract as much as 7 per cent this year amid the global coronavirus pandemic, much worse than his original projection when ... ( read original story ...)

Posted on 29/04/2020

E-commerce Giant JD Chasing Hong Kong Second Listing: Bloomberg

China's second largest e-commerce company JD.com has filed confidentially to list its shares in Hong Kong hoping to raise at least US$2 billion, a report said Wednesday, following a mega-IPO by rival ... ( read original story ...)

Posted on 29/04/2020

Hong Kong facing greater financial crisis than in 2008 or 1999 warns city’s finance chief, as he predicts ‘long-lasting’ impact of coronavirus

Financial Secretary Paul Chan says economy could shrink by between four and seven per cent, as he says impact of coronavirus will be ‘more serious and long-lasting’ than first thought. ( read original story ...)

Posted on 29/04/2020

JD.com applies for $3 billion Hong Kong secondary listing: sources

HONG KONG (Reuters) - Chinese e-commerce retailer JD.com is pressing ahead with plans for a secondary listing in Hong Kong within the next few months despite the coronavirus pandemic still roiling ... ( read original story ...)

Posted on 29/04/2020

Hong Kong home prices edge up in March, but analysts say pressure remains

Hong Kong private home prices reversed a fall in March to edge up 0.4%, as bargain-hunting drove transaction volumes to a four-month high, but analysts cautioned the improvements did not signal the ... ( read original story ...)

Posted on 29/04/2020

JD Is Said to File for $2 Billion Hong Kong Second Listing

(Bloomberg) -- Chinese e-commerce giant JD.com Inc. has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the matter, joining rival Alibaba in tapping the ... ( read original story ...)

Posted on 29/04/2020

JD Is Said to File for $2 Billion Hong Kong Listing

(Bloomberg) -- JD.com Inc., the Chinese e-commerce site, has filed confidentially for a second listing in Hong Kong, according to people with knowledge of the matter.The offering could raise at least ... ( read original story ...)

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