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Tag: banking

Posted on 28/07/2019

Forced labour to high finance: Hong Kong investor’s unlikely journey

Exiled to the Gobi Desert at the age of 15, Weijian Shan's days were marked by gnawing hunger and back-breaking forced labour. But his sense of hope was kept alive by an unlikely source -- insecticide ... ( read original story ...)

Posted on 28/07/2019

With EPS Growth And More, Hong Kong and China Gas (HKG:3) Is Interesting

While Hong Kong and China Gas did well to grow revenue ... and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. ... ( read original story ...)

Posted on 28/07/2019

Hong Kong police criticized for failure to protect protesters from triad gang attack

Hong Kong has been rocked by a series of sometimes violent protests for more than two months in its most serious crisis since Britain handed the Asian financial hub back to Chinese rule in 1997. ... ( read original story ...)

Posted on 28/07/2019

Police, protesters prepare for another showdown in Hong Kong

Protesters and police are preparing for a likely showdown in central Hong Kong, one day after clashes ... an urban park in the financial district. Police have denied a request to march about ... ( read original story ...)

Posted on 28/07/2019

Hong Kong protesters rally at airport to ‘educate’ visitors

Thousands of Hong Kongers, including flight attendants, held a rally in the airport's arrival hall on Friday to "educate" visitors about the demonstrations currently gripping the international finance ... ( read original story ...)

Posted on 28/07/2019

Hong Kong protest anger targets symbols of Beijing’s rule

Seething unrest in Hong Kong is taking on a more stridently anti ... night were a vivid rebuke to China as the semi-autonomous finance hub entered its seventh straight week of anti-government ... ( read original story ...)

Posted on 28/07/2019

Hong Kong stock exchange operator tightens regulation of back-door listings with new rules

Hong Kong sees six trading debuts as city tries to claw back IPO crown Ashley Alder, chief executive of Hong Kong’s Securities and Futures Commission, said: “These listing policy changes are a big ... ( read original story ...)

Posted on 27/07/2019

Alibaba reportedly plans a second listing in Hong Kong. Other Chinese firms may follow suit

Nearly five years after Alibaba shattered records with a $25 billion IPO, the company is said to be planning a secondary listing in Hong Kong. Analysts told CNBC that other U.S.-listed Chinese firms ... ( read original story ...)

Posted on 26/07/2019

What Hong Kong’s New Monetary Guardian Has to Worry About

“Hong Kong’s peg to the U.S. dollar has gained ... chief Greater China economist at Australia & New Zealand Banking Group Ltd. “What the HKMA needs to do is to repeat what they have been ... ( read original story ...)

Posted on 26/07/2019

Hong Kong stocks track Wall Street losses to close lower

Hong Kong stocks fell on Friday to end the week lower, tracking overnight losses on the Wall Street, and after the European Central Bank held interest rates steady unexpectedly. ** The Hang Seng ... ( read original story ...)

Posted on 25/07/2019

Hong Kong appoints central bank veteran as monetary authority chief

HONG KONG — Hong Kong has appointed long-time policy insider Eddie Yue to lead its central bank, the Hong Kong Monetary Authority (HKMA). Yue, currently one of the HKMA’s three deputy chief ... ( read original story ...)

Posted on 25/07/2019

Hong Kong appoints central bank veteran as new HKMA chief executive

HONG KONG — Hong Kong has appointed long-time policy insider Eddie Yue to lead its central bank, the Hong Kong Monetary Authority (HKMA), the city’s finance secretary said on Thursday. ... ( read original story ...)

Posted on 25/07/2019

Hong Kong to promote monetary authority veteran Eddie Yue to head city’s de facto central bank

Hong Kong's government will promote a veteran insider to succeed the departing chief executive of its de facto central bank, a move that ensures continuity and stability in the city's monetary ... ( read original story ...)

Posted on 25/07/2019

Hong Kong stocks end higher as tech lends support

The Hang Seng index rose 0.3% to 28,594.30 ... At close, China’s A-shares were trading at a premium of 28.13% over Hong Kong-listed H-shares. (Reporting by the Shanghai Newsroom; editing ... ( read original story ...)

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