QNB Group, the largest financial institution in the Middle East and Africa, has opened officially its branch in Hong Kong, one of the world's prominent global financial hubs. Commenting on the ... ( read original story ...)
US condemn crackdown on Hong Kong’s Apple Daily
Over 20 nations have expressed their strong concerns about the forced closure of Hong Kong Apple Daily newspaper and the arrest of its staff by the city auth ... ( read original story ...)
China Adds Foreign IPO Rules for Firms With Large User Data
China said its companies which hold the data of more than 1 million users must now apply for cybersecurity approval when seeking overseas listings, as regulators tighten oversight of the country’s ... ( read original story ...)
Hong Kong blocking pension funds does not bode well for its future as an int’l financial centre
Some of our imperial rulers seem to have overlooked a rather important point about Hong Kong’s future role. We all understand that we have now abandoned the ambition to be “Asia’s World City”, a ... ( read original story ...)
Chinese Communist Party emerges from shadows during Hong Kong crackdown
China's Communist Party has abandoned its tradition of working from the shadows in Hong Kong as authorities pursue a sweeping crackdown ... ( read original story ...)
Hong Kong: Brace for incoming!
A veteran observer of Hong Kong’s financial markets argues that the Chinese government’s moves this week against newly listed ride-hailing giant Didi Chuxing augur a Great Financial Decoupling that ... ( read original story ...)
China’s easing gesture underscores growth worries
Beijing has relaxed its monetary policy tone. The People’s Bank of China on Friday cut the amount of cash most banks are required to hold as reserves for the first time in over a year , releasing 1 ... ( read original story ...)
China Cuts Reserve Ratio for Banks to Boost Slowing Economy
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.China’s central bank cut the amount of cash most banks must hold in reserve in order to boost lending ... ( read original story ...)
China: Wealth Management Tax Updates
Nancy Lai and Tingting Guo of Baker McKenzie discuss recent Chinese developments relating to tax enforcement for HNWIs, PRC tax residency status of individual taxpayers, taxation of family trusts, and ... ( read original story ...)
Oversold Hang Seng Nonetheless Called Lower On Friday
The Hong Kong stock market has finished lower in eight straight sessions, plummeting more than 2,110 points or 7.3 percent along the ... ( read original story ...)
China’s Digital Renminbi Trial Has 10M Eligible Users
China’s central bank deputy governor has said that its central bank digital currency (CBDC) trial now involves 10 million people. ( read original story ...)
The modern financial development of Macau picks up pace
In terms of supporting the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA), BOC Macau integrated and actively linked up with domestic institutions, promoted inter-regional ... ( read original story ...)
HSBC boss Mark Tucker accused of attack on democracy over Hong Kong
The chairman of HSBC has been accused of prioritising profit over upholding international law by a coalition of senior politicians after he refused to discuss calls for the bank to unfreeze the assets ... ( read original story ...)
China ‘needs Hong Kong’ in race for global financial leadership, former stock exchange chief says
There is a chance that China could become the leader in the global financial system, according to Charles Li, the former head of Hong Kong’s stock exchange operator. ( read original story ...)