Hong Kong-listed shares of Chinese tech giants Alibaba and Tencent will be watched on Wednesday. That comes after China’s antitrust regulators announced draft rules on Tuesday singling out “internet ... ( read original story ...)
In Hong Kong, the world’s mirror to Xi Jinping’s mind
China claims its Hong Kong national security law is designed only for counterterrorism, foreign espionage, and treason. ( read original story ...)
Hong Kong exchange operator backs decision to halt Ant’s record IPO
Hong Kong stock exchange, which missed out on the chance to host Ant Group's record $37 billion listing this month, believed the move to suspend the IPO was the right one and hoped the Chinese fintech ... ( read original story ...)
Hang Seng Bank (OTCMKTS:HSNGY) Stock Rating Upgraded by ValuEngine
Hang Seng Bank (OTCMKTS:HSNGY) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Wednesday, ValuEngine reports. HSNGY has been the ... ( read original story ...)
World’s Second Biggest Bank to Issue $3B in Bonds Tradable for Bitcoin
China Construction Bank (CCB) has tapped Hong Kong-based digital asset exchange Fusang for the issuance of $3 billion-worth of debt securities over a blockchain. According to a Wednesday report by the ... ( read original story ...)
China Construction Bank sells US$3 billion worth of debt on blockchain
China Construction Bank has partnered with Hong Kong-based fintech company Fusang to launch the sale of US$3 billion worth of debt on a blockchain, the first digital security issued by a Chinese bank ... ( read original story ...)
Hong Kong shares slip, tech index falls most in nearly 12 years on regulatory woes
Hong Kong-listed tech giants fell after China published ... The biggest loser on the Hang Seng was Alibaba, which fell 9.8%. ** Hang Seng’s financial sector ended 1.61% higher, the property ... ( read original story ...)
Hong Kong ousts 4 pro-democracy lawmakers as China cements control
The decreasingly autonomous city's leaders quickly seized upon new powers granted by Beijing to sack lawmakers deemed a security threat. ( read original story ...)
Critical Survey: BOC Hong Kong (BHKLY) vs. Its Rivals
BOC Hong Kong (OTCMKTS: BHKLY) is one of 74 publicly-traded companies in the “Commercial banks, not elsewhere classified” industry, but how does it contrast to its peers? We will compare BOC Hong Kong ... ( read original story ...)
China’s banking regulator urges enhanced anti-monopoly scrutiny in financial sector
The remarks by Liang Tao, vice chairman of the China Banking and Insurance Regulatory Commission (CBIRC ... focused on e-commerce sites and payment services at the likes of Alibaba Group 9988.HK. They ... ( read original story ...)
Milbank Lands Magic Circle Hong Kong Trio in Major Asia Push
Clifford Chance's Andrew Whan and Neeraj Budhwani and Linklaters' Davide Mencacci are the latest to move to a U.S. firm. ( read original story ...)
Bridgewater’s Dalio supports Ant IPO suspension, bullish on China
Ray Dalio, founder of Bridgewater Associates, expressed support on Wednesday for China's abrupt decision to suspend Ant Group's record $37 billion listing, citing the need to curb risks from financial ... ( read original story ...)
Hong Kong stock exchange operator Q3 profit jumps 52% on trading revenue, listings boost
Hong Kong's stock exchange operator posted a 52% rise in third-quarter net profit on Wednesday, lifted by higher trading revenue and listing fees. HONG KONG, Nov 11 (Reuters) - Hong Kong's stock ... ( read original story ...)
Hong Kong disqualifies four legislators for ‘endangering security’
Hong Kong disqualified four opposition members of its legislature on Wednesday shortly after the Chinese parliament adopted a resolution allowing the city’s executive to expel legislators without ... ( read original story ...)