Tag: banking

disrupts supply chain in Hong Kong Hong Kong authorities have said supplies of vegetables and chilled poultry into the global financial hub may be temporarily disrupted after some mainland goods ... ( read original story ...)

Hong Kong and mainland China are among few places in the world still aiming to suppress every COVID-19 outbreak instead of trying to live with the virus, but the Omicron variant has proven tough to ... ( read original story ...)

This is the most number of bank branches ever closed in Hong Kong, except when the city faces severe typhoons and all branches are shut 16 major banks are closing a total of 276 branches because of ... ( read original story ...)

She previously worked for the Wall Street Journal. Local media is rife with speculation about Hong Kong leaning on the mainland to rein in the latest Covid-19 outbreak, with cases rising to record ... ( read original story ...)

Flights to Hong Kong are down 90 percent and hardly any are allowed to transit as the financial hub isolates itself from the world in the hope it can contain a coronavirus outbreak, even though new ... ( read original story ...)

HONG KONG (Reuters) -China's central bank on Friday ... with concerns about the financial health of property developers and the rapid spread of the Omicron variant clouding the outlook. ( read original story ...)

(Bloomberg) -- Huitongda Network Co., a Chinese e-commerce platform backed by Alibaba Group Holding Ltd., is set to price its Hong Kong initial public offering at the bottom of its marketed range ... ( read original story ...)

New bank lending in China more ... touching a six-month high. ** Hang Seng Finance Index rose nearly 1%, with insurer Ping An and China Life up more than 3% each. ** Mainland property firms listed in ... ( read original story ...)

(Bloomberg) -- Hong Kong is doubling down on a Covid-Zero strategy that has failed almost everywhere else, battering its economy and threatening its status as an international financial center just as ... ( read original story ...)

Rating Action: Moody's assigns Aa3 rating to green bonds to be issued by Bank of China (Hong Kong) LimitedGlobal Credit Research - 10 Feb 2022Hong Kong, February 10, 2022 -- Moody's Investors ... ( read original story ...)

Hong Kong's leader, Carrie Lam, has said she is deeply sorry and anxious about long queues at coronavirus testing centres and isolation facilities after a record number of new cases left authorities ... ( read original story ...)

Stocks erased losses to retake a three-week high as Chinese developers rallied on hopes of further policy loosening. Alibaba rebounded for a second day, recouping the bulk of losses since its February ... ( read original story ...)

with some experts saying prolonged restrictions of this nature could threaten the city's status as an Asian financial hub and drive smaller local businesses to ruin. However, officials are doubling ... ( read original story ...)

Several of Hong Kong’s biggest brokers and banks have shut their branches, as the financial hub hunkers down for the toughest social-distancing rules yet to combat a fresh wave of Covid-19 outbreaks ... ( read original story ...)