Fifty-three demonstrators arrested after ignoring ban on gatherings to mark one year of protests ... ( read original story ...)
Cathay to repay Hong Kong for parts of bailout
Business Cathay to repay Hong Kong for parts of bailout. Posted . Troubled Hong Kong airline Cathay Pacific said Tuesday it expects to repay the city's government for part of its ... ( read original story ...)
More Than 50 People Arrested in Demonstration Marking First Anniversary of Hong Kong Anti-Government Movement
More than 50 people were arrested in Hong Kong on Tuesday night after thousands of protesters defied a police ban to mark the first anniversary of the city’s anti-government movement on Tuesday ... ( read original story ...)
Breakingviews – Citi uncomfortably straddles Hong Kong-China fence
Citigroup has a busy time ahead staying out of Chinese politics. Chief Executive Mike Corbat has so far avoided taking sides on Beijing’s controversial security law targeting sedition, terrorism, and ... ( read original story ...)
Hong Kong’s Hang Seng Index rises for eighth day as Cathay Pacific jumps on bailout packages
Cathay Pacific shares initially surged 18 per cent for the biggest gain since 2008 after the government and its shareholders announced a HK$39 billion (US$5.03 billion) package to bail out the city’s ... ( read original story ...)
Hong Kong Stock Market Overdue For Consolidation
The Hong Kong stock market has finished higher in seven straight sessions, rising more than 2,050 points or 9 percent along the way. The Hang Seng Index now sits just above the 25,050-point plateau ... ( read original story ...)
Pompeo Blasts HSBC for ‘Corporate Kowtow’ Over Hong Kong
U.S. Secretary of State Michael Pompeo criticized HSBC Holdings Plc for backing China’s move to impose national security legislation in Hong Kong, underscoring the increasing political pressures on ... ( read original story ...)
Hong Kong Spearheads $5 Billion Cathay Pacific Rescue Package
Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways , which like other airlines has been hit by a global travel slump triggered by the coronavirus pandemic. The government's ... ( read original story ...)
Hong Kong police arrest 53 during fresh pro-democracy protests
Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads in the heart of the global financial hub, before ... ( read original story ...)
Pompeo Criticizes HSBC For Backing Hong Kong Law
US Secretary of State Mike Pompeo on Tuesday took to task HSBC for backing Beijing's controversial security law proposal in Hong Kong, warning of businesses' overreliance on China. The Asia-focused ... ( read original story ...)
High-Profile Investor Calls Out HSBC, Standard Chartered on Hong Kong Stance
A high-profile investor in HSBC Holdings and Standard Chartered has criticized the London-based banks for supporting China’s plan to impose a new national security law on Hong Kong, calling on them to ... ( read original story ...)
Hong Kong riot police descend on protesters marking movement anniversary – video
Several demonstrators were arrested when thousands defied a police order and took to the streets of Hong Kong ... ( read original story ...)
One Year On, Hong Kong Protesters Defy Crackdown to Keep Movement Alive
Thousands of protesters rallied in downtown Hong Kong, facing off with police who had banned recent demonstrations, to mark the one-year anniversary of a million-person rally that thrust the city into ... ( read original story ...)
Aviva Investors ‘Uneasy’ Over HSBC, StanChart Backing for Hong Kong Security Law
Aviva Investors' Chief Investment Officer, Equities, David Cumming said both had done so without knowing the details of the law or how it will operate in practice. "If companies make political ... ( read original story ...)