Tag: banking

HK and China are key revenue and profit drivers for Standard Chartered, and high margin. None of the political developments in HK bode well for the bank long-te ... ( read original story ...)

American decoupling risk Hong Kong dollar peg. Hong Kong is the world's No. 3 financial center and a break of the 36-year peg could cause jitters. The unpegging, if it happens, may occur while the ... ( read original story ...)

Hong Kong blue-chip stock benchmark Hang Seng Index (HSI) has managed to finish a mostly bearish week on a high. The index snapped a three-day decline on Friday 12 June 2020, as it rallied roughly 1.2 ... ( read original story ...)

While Hong Kong’s future may be plagued by mainland China’s seemingly increasing disregard for the territory’s independence and the resumption of pro-democracy protests, signs point to it remaining an ... ( read original story ...)

The arrangement, which was supposed to remain in place until 2047, provides Hong Kong citizens the freedoms that their mainland peers don’t have, and also created a special conduit for international ... ( read original story ...)

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender ... ( read original story ...)

Although Chinese companies have increasingly chosen Hong Kong over New York—or in addition to the Big Apple in the case of secondary listings—the trend may get a boost for a number of reasons. And, at ... ( read original story ...)

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)

Aviva Investors publicly rebuked HSBC and Standard Chartered on Wednesday over their support of the controversial national security law for Hong Kong, saying it was "uneasy" with the decision.The asse ... ( read original story ...)

Hong Kong will retain its status as an international financial hub despite economic challenges from months of anti-government street protests, the coronavirus pandemic and concerns about a ... ( read original story ...)

SK Biopharmaceuticals Co. has started taking investor orders for what is set to be South Korea’s largest initial public offering in three years. ( read original story ...)

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)

Mr Pompeo said the Chinese Communist Party's (CCP) "browbeating" of HSBC "should serve as a cautionary tale". He said that last week's signing of a petition supporting the new leg ... ( read original story ...)

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 ...)