The top U.S. diplomat in Hong Kong on Monday urged China to ease political pressure on the city, warning that the "crude and chilling" use of a sweeping national security law threatened its role as an ... ( read original story ...)
Top US Envoy In Hong Kong Rebukes China’s Crackdown In Farewell Speech
China imposed a sweeping national security law on the city following the protests and Washington implemented sanctions against top Hong Kong officials. US officials confirmed privately that since then ... ( read original story ...)
Large Chinese Bank Protest Put Down With Violence
Video from clash in Central Chinese city spreads online despite censorship; officials had prevented earlier protest using Covid-19 health codes. ( read original story ...)
Swap Connect with Hong Kong will help China attract more international investors to its bond markets, Standard Chartered banker says
International investors will find the new Swap Connect useful, as it 'helps them hedge their interest rate risk exposure', says John Tan, bank's head of financial markets in Asia As a next step, China ... ( read original story ...)
China crushes mass protest by bank depositors demanding their life savings back
Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash ... ( read original story ...)
Hong Kong’s finance chief says high-powered land supply, housing bodies to hold meetings this week
Financial Secretary Paul Chan says government will respond to housing crisis 'with determination and courage, but also wisdom and techniques' Steering Committee on Land and Housing Supply and the Task ... ( read original story ...)
Breaking up HSBC: Ping An’s push to extract value from bank’s split fails to excite shareholders as unorthodox campaign enters its third month
Ping An's push to break up HSBC has failed to spur gains in bank's Hong Kong share price, which is lagging the benchmark Hang Seng Index Chinese insurer pushing for change after bank's 2020 dividend ... ( read original story ...)
Business Restructuring Likely to Keep Aiding HSBC’s Growth
HSBC's strong capital position, initiatives to strengthen digital capabilities and an extensive network are expected to keep aiding growth. ( read original story ...)
Financial Conduct Authority names Hong Kong regulator as chair
Ashley Alder will join UK watchdog, which is mired in internal strife, in January 2023 ... ( read original story ...)
Hong Kong Bourse Has Positive Lead For Friday’s Trade
The Hong Kong stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it had declined more than 570 points or 2.7 percent. The Hang Seng Index ... ( read original story ...)
HSBC Buys back Over 3.16M Shrs in HK, London Ytd for $157M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1617 million shares in London and Hong Kong yesterday (7th), involving a total of approximately HKD157 million. HSBC repurchased ... ( read original story ...)
Live news updates: Hong Kong finance watchdog Ashley Alder to chair FCA in UK
Ashley Alder, the chief executive of Hong Kong’s financial regulator, will step down to become chair of the UK’s Financial Conduct Authority. The Securities and Futures Commission announced on Friday ... ( read original story ...)
Top banker quits HSBC after suspension over climate-change comments
Stuart Kirk, global head of responsible investing at HSBC Asset Management, told conference that climate change wasn't a 'financial risk we need to worry about' The bank said Kirk's comments were ... ( read original story ...)
Financial services group buys Hong Kong wealth manager
Doo Financial acquires unnamed wealth management company based in Hong Kong to be known as Doo Wealth Management HK #hongkong ... ( read original story ...)