Hong Kong civil servants joined in anti-government street protests ... Meanwhile, China's top diplomat told was quoted in an interview with the official Xinhua News Agency on Friday accusing the U.S. ... ( read original story ...)
Top China envoy: US ‘fanning flames’ of Hong Kong protests
Hong Kong civil servants and supporters crowded into ... Meanwhile, China's top diplomat was quoted in the state Xinhua News Agency on Friday accusing the U.S. and other Western nations of ... ( read original story ...)
Thousands of Hong Kong civil servants rally, wave of protests planned
The rally is the first time government employees have promoted a demonstration in Hong Kong. Hordes of civil servants assembled peacefully with protesters in the heart of the business district, many ... ( read original story ...)
UBS slashes Hong Kong GDP forecast as trade war, protests weigh on city’s economy
UBS dramatically cut its economic growth forecast for Hong Kong, citing uncertainty surrounding the US-China trade war and protests that have disrupted business in the city since June. The Swiss bank ... ( read original story ...)
HK interest rates cut for first time in 10 years
The three note-issuing banks - the Hongkong and Shanghai Banking Corporation, Hang Seng Bank (0011) and BOC Hong Kong (2388) - kept the prime rate unchanged at 5.125 perce... The Hong Kong Monetary ... ( read original story ...)
U.S. ‘fanning flames’ of Hong Kong protests: Top China envoy
"It must be pointed out that the U.S. and some other Western governments .... are constantly fanning the flames of the situation in Hong Kong," Yang was quoted as saying by the official Xinhua News ... ( read original story ...)
Hong Kong pulls out all the stops in world IPO race
Hong Kong Exchanges and Clearing is going all out to retain its crown in the global IPO rankings. As Edith Lu reports, the SAR has set its sights on attracting enterprises in the Asia Pacific to list ... ( read original story ...)
Hong Kong’s Latest Protest: Finance Employees Stage a Flash Mob
(Bloomberg) -- Hong Kong finance staffers gathered in the city’s central ... near the offices of major firms including HSBC Holdings Plc, Goldman Sachs Group Inc. and Standard Chartered Plc. They ... ( read original story ...)
After $6 billion M&A spree, insurer FWD eyes China foray ahead of potential IPO
having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while discussing the potential for an initial public offering (IPO). Huynh refused to be drawn on the ... ( read original story ...)
Hong Kong Follows Fed, Cuts Base Rate for First Time Since 2008
“It’s very unlikely for Hong Kong banks to cut their prime rates given the city’s high property prices and strong housing demand.” (Updates to add economist comments.) --With assistance from Alfred ... ( read original story ...)
Hong Kong June retail sales slide, govt says protests dent business
HONG KONG — Hong Kong retail sales, a key part of the city’s economy, felt a growing impact in June from mass protests, government data showed on Thursday. The government said June retail ... ( read original story ...)
Hong Kong protests tension spills over onto Simon Fraser University campus
Tensions over the ongoing protests in Hong Kong are growing globally, spilling over onto university campuses as far afield as Brisbane, Auckland — and now to Burnaby. At Simon Fraser University ... ( read original story ...)
Property stocks hammered again in Hong Kong, as concerns about protests and its economy continue to grow
But HSBC responded by becoming the first of the city’s commercial banks to say it will keep its prime rate steady. Sun Hung Kai plunged 4.1 per cent to HK$121.7, CK Asset Holdings fell 3.6 per cent to ... ( read original story ...)
Hong Kong financial workers stage flash protest
"It will definitely deteriorate the quality of the banking industry. People will migrate out of Hong Kong together with their property," a Standard Chartered retail banking staffer, who gave his ... ( read original story ...)