Photographer: Paul Yeung/Bloomberg Photographer: Paul Yeung/Bloomberg “Stop violence, contain chaos, restore order.” The terse message in a full-page advertisement from Bank of China Ltd.’s units in ... ( read original story ...)
Hong Kong old-guard banks shaken by protests and online competitors
HSBC Holdings, which controls more than 30% of the Hong Kong banking market, and other big banks are battling for customers. Politics in the territory are making it harder to do business at the ... ( read original story ...)
Tackle investment bank first, investors tell HSBC’s caretaker boss
But the commercial banking chief - hand-picked to steady ... the back of fewer deals and tighter loan growth in China and Hong Kong. HSBC has upped its market share for M&A and equities deals ... ( read original story ...)
More companies say Hong Kong protests hitting their bottom line
“The protests in Hong Kong have had some effect on retail sales at our malls, particularly at Pacific Place. If the protests continue, sales are likely to continue to be affected,” Michelle Low, Swire ... ( read original story ...)
Hong Kong protests ‘unprecedented’ but businesses OK: eyewitness
editorial director of the Hong Kong Free Press, told Yahoo Finance’s On The Move, from the front lines of the demonstrations. “I was just tear gassed a few minutes ago.” Hong Kong — a critical travel ... ( read original story ...)
Hong Kong’s Stock Rout Enters 10th Day, Worst Streak Since 1984
Hong Kong business confidence, already strained by the trade war, faces fresh challenges as street clashes damp spending and deter tourists. In some of the Chinese government’s strongest comments yet ... ( read original story ...)
Hong Kong facing biggest crisis since handover-senior China official
the head of China’s Hong Kong and Macau Affairs office said on Wednesday, as more protests were set to rock the Asian financial hub. Zhang Xiaoming, one of the most senior Chinese officials ... ( read original story ...)
Macau’s casinos count cost of Hong Kong’s escalating protests
HONG KONG — Growing protests in the Asian financial center of Hong Kong are weighing on the neighboring Chinese territory of Macau as some visitors steer clear of the world’s biggest gambling ... ( read original story ...)
More Hong Kong companies say business impacted by mass protests
“The protests in Hong Kong have had some effect on retail sales at our malls, particularly at Pacific Place. If the protests continue, sales are likely to continue to be affected,” Michelle Low, Swire ... ( read original story ...)
China warns Hong Kong protesters not to ‘play with fire’
Hong Kong has suffered weeks of sometimes violent ... swelled into a broader backlash against the government of the Asian financial hub and its political masters in Beijing. ... ( read original story ...)
More protests planned in Hong Kong as U.S., Australia raise travel warnings
The protests in the Asian financial hub began with opposition ... sending wrong signals to the “violent separatists” in Hong Kong. WATCH: Hong Kong protests intensify over 24 hours The ... ( read original story ...)
Alibaba Entrepreneurs Fund and HSBC present JUMPSTARTER 2020
2019 /PRNewswire/ -- Alibaba Hong Kong Entrepreneurs Fund, a non-profit initiative launched by Alibaba Group, announced today that HSBC will be the title sponsor of the third edition of its start ... ( read original story ...)
Hong Kong’s finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible
Photo: Felix Wong Hong Kong’s Financial Secretary Paul Chan Mo-po on Wednesday noted that any attack on its currency could be dealt with adequately given its strong banking system and record currency ... ( read original story ...)
Hong Kong Eyes New Phase of Open API Project
The Hong Kong Monetary Authority is set to launch the second phase of its Open API project. Separately, digital banking in Europe eyes corporate clients, and cloud banking gets an FI adherent. Open ... ( read original story ...)