US investors could be forced to offload around $800 billion of Chinese equities “in an extreme scenario” of financial decoupling between the world’s two largest economies, Goldman Sachs Group Inc.
Global financial ‘bloodbath’ as Trump’s tariffs spark fears of worldwide recession, Hong Kong shares have worst day for 28 years and European stock futures tank
Shares in Hong Kong plummeted more than 13 percent in their worst day since the 1997 Asian financial crisis, as the Singapore benchmark index dropped 6.8 per cent. South Korea's Kospi lost 4.4 per ...
JPMorgan and BofA should stop work on IPO for China’s CATL, lawmaker says
JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric vehicle battery giant CATL, a Republican lawmaker said on Thursday. John ...
Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses
It offers instant debit, secure exchange rates, and free transaction fees. Hang Seng Bank, in collaboration with Mastercard, has launched a new multi-currency debit card for businesses. The Hang Seng ...
Hang Lung Empowers Young Entrepreneurs through Well Being · Start-Up 2.0 Programme at Peak Galleria, Kornhill Plaza, and Amoy Plaza
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Hong Kong suspends package postal service to the US after Trump’s tariff hikes
Hong Kong’s postal service will stop handling packages coming from or going to the United States amid an escalating trade war between the world’s two largest economies.
After Trump tariffs, Hong Kong suspends packages to U.S.
Hong Kong announced Wednesday that its postal service would no longer send packages to the United States, in response to the White House’s plan to charge tariffs on small, low-value parcels from the ...
A 30-Year-Old Becomes Billionaire on US IPO of Chinese Tea Chain
A 30-year-old Chinese entrepreneur has become an unlikely billionaire with the listing of his sprawling tea shop chain in the US, even as tensions between the two nations stoke an economic decoupling ...
Chagee CEO becomes a billionaire at 30 after US IPO
Zhang, who is Chagee’s chief executive officer, joins a wave of Chinese people who have made fortunes as fresh tea chains explode in popularity. That includes the two brothers behind Mixue Group, a ...
Hong Kong banks to see biggest rise in bad loans in Asia-Pacific due to US tariffs: Fitch
The ongoing tariff war is expected to put additional pressure on banks in Hong Kong, which are already grappling with elevated non-performing loans due to a prolonged property sector slump, according ...
Photo shows Hong Kong police searching pro-democracy newspaper, not conglomerate
As Beijing criticised Hong Kong conglomerate CK Hutchison over a deal to sell two ports on the Panama Canal, social media users falsely claimed an image showed a search on the company's headquarters.
Hong Kong stops handling packages to and from US amid trade war
Hong Kong Post stops handling US packages amid trade war. U.S. imposes 120% tariffs on goods under $800. Prices of Shein, Temu, and AliExpress goods may rise.
‘Shameless and arrogant’: Beijing’s top man on Hong Kong affairs slams US tariffs
Xia Baolong calls US ‘the biggest sinister manipulator undermining human rights, freedom, the rule of law, prosperity and stability in Hong Kong’.
OMG Hong Kong and HSBC celebrate the bank’s 160th anniversary with Rube Goldberg campaign
In celebration of HSBC’s 160th anniversary, the bank, in collaboration with media partner Omnicom Media Group (OMG) Hong Kong and its creative and content division, Fuse, has launched a bespoke Rube ...