Here’s what you need to know. ( read original story ...)
HSBC promotes Asia Pacific prime finance trading boss -sources
HSBC has promoted Christophe Oleron to the role of Global Head of Trading for index arbitrage, Delta One and stock borrowing & lending, two sources said on Thursday. ( read original story ...)
HSBC Under Siege, What It Means For Gold Prices
HSBC is one of 11 remaining market-making bullion banks after Scotiabank dropped out of the gold futures market in April. ( read original story ...)
Sneaker Startup Lane Eight Disrupts The Fitness Footwear Game With Vegan Workout Shoe
Direct-to-consumer shoe brand Lane Eight is giving AllBirds a run for their money with their all sustainable performance shoe. From clicks to bricks, the omnichannel retailer is the fastest growing ... ( read original story ...)
Dozens Charged in Hong Kong for Taking Part in Tiananmen Protest
The charges against 24 people for attending an annual vigil are the latest signs of an intensifying crackdown on the pro-democracy movement. ( read original story ...)
Joshua Wong and other Hong Kong activists charged over banned June 4 vigil
Two dozen people in Hong Kong, including pro-democracy activist Joshua Wong, have been charged with participating in an illegal assembly at a vigil on June 4 commemorating the crackdown on protesters ... ( read original story ...)
“China’s LVMH” Shandong Ruyi resists Lycra sale in favour of IPO amid debt crisis-sources
Fashion conglomerate Shandong Ruyi, best known for its ambition to be the LVMH of China, has brushed aside a sale of textile maker Lycra proposed by Lycra's creditors and is instead looking to ... ( read original story ...)
Shenzhen embraces Hong Kong in financial markets integration plan, a prelude to easier capital controls
Shenzhen, the richest mainland city in Greater Bay Area, has presented a blueprint to boost market integration with Hong Kong in a prelude to greater cross-border capital flows. ( read original story ...)
Hong Kong foreign press says journalists being targeted in US-China standoff
Foreign journalists in Hong Kong are facing "highly unusual" visa delays at a time of high tension between the US and China, a group representing international media has said. The Foreign ... ( read original story ...)
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws
The city’s expatriate community is shrinking, as new restrictions by China on speech and political activities and a tumultuous year of protests have diminished the allure of living and working in the ... ( read original story ...)
China’s Offer to Help With Virus Testing Spooks Hong Kong
Infections have surged in the city, and its labs have been going at full speed. But wariness of the Chinese Communist Party runs deep. ( read original story ...)
Hong Kong reports 95 new coronavirus cases as local transmissions stay high
Hong Kong reported 95 new coronavirus cases on Thursday, of which 91 were locally transmitted, as authorities tried to contain the virus, which has seen a resurgence in the global financial hub over ... ( read original story ...)
Hong Kong banks need to hasten LIBOR transition, followed by HIBOR
Hong Kong banks could find their LIBOR transition more pressing than HIBOR’s by end-2021, when LIBOR and other key interbank offered rates are scheduled to be replaced. HIBOR wi ... ( read original story ...)
Hong Kong leads losses in mixed trading day for Asia Pacific stocks
Stocks in Asia Pacific traded mixed Thursday afternoon as investors continued to watch tensions between the U.S. and China. ( read original story ...)