Regulators in Hong Kong and mainland China are working to expand a pilot that will make it easier for people to remotely open bank accounts in the Greater Bay Area development zone, two sources ... ( read original story ...)
Hong Kong’s Unshakable Dollar Suffers Sudden Bout of Weakness
The Hong Kong dollar is suddenly looking vulnerable, after weeks of trading at the strong end of its band against the greenback. ( read original story ...)
How the coronavirus is turbocharging Hong Kong’s fintech revolution
Forced to adapt quickly, Hong Kong’s banking and financial services industry has hastened its adoption of digital transformation and AI in the name of survival, supported by a rapidly evolving ... ( read original story ...)
Hong Kong will stay China’s financial gateway to the world, former top banking official says
Liu Mingkang, one-time chairman of the CBRC, says the rule of law and personal freedom are foundations of the city’s status. ( read original story ...)
Cathay Pacific averts financial collapse with distress call to tap the HK$4 trillion war chest of Hong Kong’s financial tsar
Hong Kong's flag carrier stitched together a bailout plan in time to avert a collapse and ensure the city's future as an aviation and financial hub. ( read original story ...)
New Hong Kong coronavirus cases stay high for 3rd day
Hong Kong reported 38 new coronavirus cases on Friday, edging down from Thursday's 42 but broadly in line with a sharp increase that the city has registered over the past three days. Amid concerns of ... ( read original story ...)
China’s market euphoria trumps political risk in Hong Kong
Investors in China's soaring stock market are increasingly turning to Hong Kong for bargains, egging on an investment boom on the back of large tech listings and shaking off fears of political risks ... ( read original story ...)
Here’s How China’s Law is Already Changing the Face of Hong Kong
When China passed its new Hong Kong security law on June 30, officials said it would only affect “extremely few criminals.” Less than two weeks later, it’s clear Beijing is trying to wipe away signs ... ( read original story ...)
UPDATE 1-China Bohai Bank raises $1.78 bln in Hong Kong IPO -sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct knowledge of ... ( read original story ...)
China Bohai Bank raises $1.78 billion in Hong Kong IPO: sources
China Bohai Bank has raised $1.78 billion after pricing its shares at HK$4.80 as it carried out the largest initial public offering in Hong Kong so far in 2020, two sources with direct ... ( read original story ...)
Standard Chartered-backed China Bohai Bank to raise US$1.78 billion in Hong Kong IPO
Thursday in a deal that would raise a total of HK$13.8 billion (US$1.78 billion). The IPO priced at HK$4.80 a share, according to a person familiar with the transaction. That was near the bottom of ... ( read original story ...)
Hong Kong Stock Market May Spin Its Wheels On Friday
The Hong Kong stock market has finished higher in two straight sessions, advancing more than 230 points or 0.9 percent along the way. The Hang Seng Index now rests just above the 26,210-point plateau ... ( read original story ...)
HSBC may have to choose between East and West as battle for Hong Kong intensifies
HSBC has carved out a lucrative role in global banking over the past 155 years by straddling the line between East and West. Now, a political firestorm over the bank's hometown of Hong Kong could ... ( read original story ...)
HSBC may have to choose between East and West as China tightens grip on Hong Kong
Now, a political firestorm over the bank’s hometown of Hong Kong could force the bank to choose sides. The lender, which began life as the Hongkong and Shanghai Banking Corporation, is based in ... ( read original story ...)