Tag: banking

Tokyo may have a chance to realize a long-held dream of becoming a global financial hub if it can attract people fleeing a Chinese clampdown on Hong Kong, according to a senior Japanese ruling party ... ( read original story ...)

The lost revenue, equivalent to 11.1 per cent of the government’s 2020-2021 income from rates, comes as Hong Kong’s economy was driven into its worst recession on record by the US-China trade war, ... ( read original story ...)

Frank Partnoy, an architect of the collateralized debt obligations (CDOs) that precipitated the 2008 financial crisis, now believes another systemic banking col ... ( read original story ...)

Hong Kong's BOC Aviation said on Tuesday it had cancelled an order for 30 of Boeing Co's 737 MAX planes, the model that was involved in two fatal crashes. ( read original story ...)

Beijing just imposed a sweeping national security law on Hong Kong—some are betting that the move will backfire on China. ( read original story ...)

Blue Moon Group Holdings, the Chinese laundry detergent maker backed by Hillhouse Capital, plans to raise up to US$1 billion in an initial public offering in Hong Kong as soon as the third quarter of ... ( read original story ...)

As the law was signed by President Xi Jinping little more than six weeks after it was first unveiled, Beijing described it as a "sword" hanging over the heads of those who endanger national security. ( read original story ...)

HSBC HSBA.L investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in ... ( read original story ...)

China’s largest banks have $1.1 trillion in dollar funding at stake and face potentially steep fines from U.S. legislation that targets penalizing lenders doing businesses with Chinese officials ... ( read original story ...)

A flood of investment from China has tempered worries that Beijing’s tightening grip on the Asian financial capital would end its status as a lucrative place to do business. ( read original story ...)

The Trump administration made it harder to export sensitive American technology to Hong Kong, escalating pressure on China as lawmakers in Beijing prepared to hand down a national security law that ... ( read original story ...)

As Hong Kong remains shrouded in uncertainty, Singapore appears to be gaining prominence as an alternative for the business world. ( read original story ...)

Hong Kong is heading into the busiest week for initial public offerings in four months with six companies launching listings worth $1.7 billion combined on Monday. ( read original story ...)

The Hong Kong stock market has finished lower in three straight sessions, sinking more than 600 points or 2.4 percent along the way. The Hang Seng Index now sits just above the 24,300-point plateau ... ( read original story ...)