SHANGHAI — Hong Kong shares closed higher on Tuesday as investors ... If implemented, it would be the central bank’s first rate cut in a decade. ** Also in focus were U.S.-China trade talks ... ( read original story ...)
Why China Has Chickened Out of Another Bank Seizure
On Sunday, Bank of Jinzhou Co., a small regional lender in the rust ... At this price, ICBC and Cinda could easily buy better assets: Hong Kong banks, for instance, are valued in the same neighborhood ... ( read original story ...)
Hong Kong Charges Dozens of Protesters With Rioting
Image Chinese officials have signaled that they expect Hong Kong’s government to resolve the political crisis.CreditIsaac Lawrence/Agence France-Presse — Getty Images Rioting carries a prison term of ... ( read original story ...)
Hong Kong political parties urge Financial Secretary Paul Chan to give HK$2,000 to every school pupil
The Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) and the Federation of Trade Unions ... “Many parents told us they faced a huge burden during the start of the academic year,” ... ( read original story ...)
Auchan China’s chairman on the future of grocery
Holinier recently spoke with McKinsey’s Alex Sawaya in Hong Kong. He shared his perspectives on the future of food retailing, the power of business partnerships, and the China market’s speed and ... ( read original story ...)
Hong Kong-Based Financial Services Firm AMTD Sets Terms For $172M New York IPO
Hong Kong-based financial services firm and boutique investment bank AMTD International has set the terms for an initial public offering (IPO) on the New York stock exchange to raise US$172 million at ... ( read original story ...)
Hong Kong protesters hit subway to disrupt morning commute
HONG KONG -- Angry Hong Kong commuters argued with protesters who blocked the doors on trains Tuesday morning, preventing them from leaving stations. Service was delayed and partially suspended on the ... ( read original story ...)
Hong Kong-Based Financial Services Frim AMTD Sets Terms For $172M New York IPO
Hong Kong-based financial services firm and boutique investment bank AMTD International has set the terms for an initial public offering (IPO) on the New York stock exchange to raise US$172 million at ... ( read original story ...)
Four associates of bookmaking ex-sergeant in Hong Kong police found guilty of laundering more than US$12.8m from illegal horse and football betting
The court heard the youngest So, being a taxi driver, had more than HK$11.4 million in his HSBC account while Lo, a sales manager, had HK$35 million in Bank of China. Retired detective Tsang kept HK$6 ... ( read original story ...)
BOC Aviation: 18 Aircraft Scheduled for Delivery in 1st Half Have Been Delayed
BOC Aviation said Tuesday that it received fewer than half of its planned new jets in the first half of the year, citing production problems at Airbus SE (EADSY) and the grounding of the Boeing 737 ... ( read original story ...)
Hong Kong Stock Market May Halt Its Slide On Tuesday
BOC Hong Kong declined 1.61 percent, Sands China sank 1.27 percent, CPC Pharmaceutical dropped 1.01 percent, China Petroleum and Chemical (Sinopec) shed 0.97 percent, CNOOC lost 0.91 percent ... ( read original story ...)
Hong Kong Stocks Succumb to Protests With Local Economy at Risk
The MSCI Hong Kong Index was little changed Tuesday even as stocks rallied across Asia. While Hong Kong’s financial markets had been surprisingly resilient, traders are losing faith as the violence ... ( read original story ...)
China defends Hong Kong police, blames Western forces for violent protests
Yang Guang, spokesman for the Chinese Cabinet’s Hong Kong and Macao Affairs Office, said at a news briefing that some “irresponsible people” in the West have applied “strange logic ... ( read original story ...)
China’s Beijing Kunlun to revisit Grindr IPO
HONG KONG/NEW YORK — Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr Inc, after a U.S ... ( read original story ...)