The Hang Seng Index .HSI fell 2.1% to 25,281.30 points ... Local interbank rates HIBOR= have not moved much but a key gauge of cash levels in Hong Kong, banks’ aggregate balances held with the central ... ( read original story ...)
Hong Kong airport slowly reopens as paramilitary police assemble across border
to help Hong Kong to move on." Hong Kong's chief executive Carrie Lam said at a news conference that dialogue would only begin when the violence stopped. (Thomas Peter/Reuters) She did not elaborate ... ( read original story ...)
Hong Kong is still protesting: What is going on and what has changed
Hong Kong, as an Asian financial hub and tourist ... However, police said at a news conference that some protesters had moved to the departure area and caused disruptions. Many had left the ... ( read original story ...)
Hong Kong airport cancels all remaining flights for second day
(Issei Kato/Reuters) At least one Air Canada flight, which was scheduled to fly from Hong Kong to Vancouver, was affected by the Monday closure. "Customers are being rebooked on a replacement flight, ... ( read original story ...)
Hong Kong protestors swarmed airport’s main terminal, prompting cancellation of Monday flights
Shares of Cathay Pacific Airways Ltd., Hong Kong’s main airline, tumbled to a 10-year low after the news. The government planned a press briefing for 5:15 p.m. local time. The Stoxx Europe 600 ... ( read original story ...)
The Latest: UN rights chief condemns Hong Kong violence
The United Nations’ top human rights official has condemned violence in Hong Kong’s pro-democracy protests and called on the authorities and protesters to solve their dispute peacefully. A spokesman ... ( read original story ...)
Police reportedly go undercover as protesters in Hong Kong, fire tear gas into enclosed subway
As protests in Hong Kong enter their 10th consecutive week, videos have emerged of police officers dressed as anti-government demonstrators engaging in violent clashes with protest groups. ( read original story ...)
Hong Kong’s financial technology is getting traction
The HKMA has also opened an application programming interface (APl) to enable startups to develop their own applications (apps). In fact, Hong Kong is one of the five ecosystems with the ... ( read original story ...)
Hong Kong stocks hit 7-month low; protests disrupt airport operations
The Hong Kong stock market on Tuesday fell to its lowest level in over seven months, as escalating anti-government protests left the city’s airport in a gridlock on Monday. ** At the close of trade, ... ( read original story ...)
Hong Kong stocks resume retreat as protest fallout deepens
Bank, developer and casino ... Profits for members of the Hang Seng Index are forecast to drop the most since the global financial crisis this year, data compiled by Bloomberg show. Read: Hong Kong ... ( read original story ...)
Asian markets fall as Hong Kong tensions remain high
Hong Kong’s Hang Seng Index HSI, -1.74% fell 1.7% ... but braced for a stumble,” said Vishnu Varathan of Mizuho Bank in a report. On Wall Street, the benchmark S&P 500 had its biggest decline in a ... ( read original story ...)
Hong Kong leader Carrie Lam urges calm; another day of protests planned for airport
As she spoke to reporters, her voice cracking with emotion at one point, Hong Kong’s Hang Seng index fell by more than 1 per cent to its lowest level since Jan. 4. The index was down around 1.5 per ... ( read original story ...)
AB InBev pulls Budweiser listing, cancelling year’s largest IPO
Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong Kong of its Asia Pacific unit, Budweiser Brewing Company APAC Ltd, in what would have been the world’s biggest ... ( read original story ...)
Investors remain upbeat on Asian IPOs
And, that's not all. Despite the unrest in Hong Kong, all eyes in the financial market are glued on the upcoming IPO of e-commerce behemoth Alibaba Group Holding. Experts said that the online ... ( read original story ...)