Singapore's financial system remains robust and resilient even as the economy suffers its most severe downturn due to the coronavirus pandemic, central bank chief Ravi Menon said on Thursday. There ... ( read original story ...)
Australia wants to attract ‘seriously talented’ people leaving Hong Kong, minister says
The country is "specifically targeting" students and highly talented individuals from Hong Kong who will be able to contribute to Australia's economy, said Alan Tudge, minister for population, cities ... ( read original story ...)
Beijing’s top Hong Kong office slams U.S. sanctions as ‘gangster logic and bullying’
China's top representative office in Hong Kong condemned what it called gross interference by the United States in the Asian financial hub, labelling President Donald Trump's move to end the city's ... ( read original story ...)
Hong Kong Bourse May Add To Its Winnings On Thursday
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gathered more than 230 ... ( read original story ...)
Ex-HSBC Economist Vows to Back Hong Kong Banks in Parliament Bid
A former economist at HSBC Holdings Plc plans to run for a seat in Hong Kong’s legislature, vowing to stand up for the financial services sector against growing influence from China. ( read original story ...)
Hong Kong Citizens Turn to Stablecoins to Resist National Security Law
Hong Kong's national security law enables the government to seize and confiscate assets if one commits a "political crime." Some local citizens are turning to stablecoins for protection, while ... ( read original story ...)
Hong Kong will remain ‘extremely important’ financial centre despite short-term security law fallout: Andrew Sheng
Hong Kong’s proximity to China means global financial managers will continue to flock to the city for access to the mainland, says prominent ex-financial regulator Andrew Sheng. ( read original story ...)
Deutsche Bank Asia CEO Picks Singapore Base in Snub to Hong Kong
Deutsche Bank AG new Asia chief executive officer will be based in Singapore, picking the city over Hong Kong at a volatile time for the Chinese territory. ( read original story ...)
Australia financial hub push to replace Hong Kong
The federal government will consider tax and regulatory concessions to help attract capital and skilled workers fleeing Hong Kong and to make Australia an international financial services hub. Senator ... ( read original story ...)
SMOORE, VAPORESSO’s Parent, Is the First Vaping Company Listed in Hong Kong
SMOORE submitted the listing application materials to the Hong Kong Stock Exchange in the name of the holding company SMOORE International Holdings Limited. At 9:30 am on July 10, 2020, SMOORE ... ( read original story ...)
NY Times to relocate part of Hong Kong office to Seoul
The New York Times will shift part of its Hong Kong office to Seoul, the latest sign of the chill spreading in the global financial centre just two weeks after Beijing imposed a new national security ... ( read original story ...)
Nikkei 225 Breaks 22,700 Resistance, Hang Seng Wobbles on US Sanctions
The Nikkei 225 Index rose 1.5%, breaking key resistance. The Hang Seng Index struggled to hold gains after Donald Trump’s order to end Hong Kong’s special status with the US. ( read original story ...)
USD/CAD snaps four-day winning streak ahead of BOC
BOC is expected to keep the benchmark rate unchanged at 0.25 ... However, America’s shunning of Hong Kong’s special trading status and anticipated retaliation from China kept the moves capped ... ( read original story ...)
JD.com’s $3.9 billion Hong Kong IPO sees another Chinese giant diversify away from U.S. markets
Chinese e-commerce giant JD.com will go public on Thursday in Hong Kong and is expected to raise at least $3.9 billion, boosting Asia into its biggest week for initial public offerings so far in 2020. ( read original story ...)