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Tag: business

Posted on 24/08/2020

Alibaba Investors Swap U.S.-Listed Shares for Hong Kong

Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong Kong stock in part to avoid potential U.S. sanctions and de-listings of major ... ( read original story ...)

Posted on 24/08/2020

Hong Kong, China stocks climb on report US companies can still do business in China on WeChat, ChiNext reforms kick in

Tencent and Alibaba are getting a boost on the latest news around souring US-China tensions. US companies will be allowed to use Tencent’s WeChat in China and big Alibaba shareholders are swapping ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stocks Set for Five-Month High as Optimism Builds

Confidence in Hong Kong firms is growing among stock traders despite the city’s severe economic slowdown, continuing tough social distancing restrictions and concern over the impact of the national ... ( read original story ...)

Posted on 24/08/2020

Singapore Exchange discusses MSCI’s derivatives shift to Hong Kong

Michael Syn, senior managing director of equities at Singapore Exchange, elaborates on index provider MSCI's move to shift the licensing of many derivatives from Singapore to Hong Kong. He says ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stocks Lead Asia Higher; Dollar Slips: Markets Wrap

Stocks rose, led by gains in Hong Kong, amid signs of a thawing in U.S.-China tensions from the Trump administration and as investors await a policy speech by Federal Reserve Chair Jerome Powell later ... ( read original story ...)

Posted on 24/08/2020

Hong Kong Stock Market Has Firm Lead

The Hong Kong stock market on Friday ended the two-day slide in which it had fallen more than 570 points or 2.2 percent. The Hang ... ( read original story ...)

Posted on 23/08/2020

How Hong Kong’s protest movement went global

Hong Kong activists have managed to harness the momentum of the protests into tangible political influence in the halls of power. ( read original story ...)

Posted on 23/08/2020

Hong Kong’s future lies with fintech, and it will be bright

Hong Kong is the gateway for Chinese companies to launch internationally, and companies seeking to reach China and Southeast Asia. China is the only major economy expected to grow this year, and ... ( read original story ...)

Posted on 23/08/2020

Alibaba Investors Swap U.S. Shares for Hong Kong Amid Crackdown

Several of Alibaba Group Holding Ltd.’s biggest investors have converted billions of dollars in U.S. shares for Hong Kong stock in part to avoid potential U.S. sanctions and de-listings of major ... ( read original story ...)

Posted on 23/08/2020

Hong Kong events industry pleads for a lifeline as pandemic wipes out trade shows, putting thousands of jobs at risk

I felt helpless because I had to find ways to pay my staff even if we did not get compensated.” More than 50 exhibitions and conferences cancelled or postponed since the start of the year were ... ( read original story ...)

Posted on 22/08/2020

China Is Cracking Down, but Hong Kong’s Economy Is too Precious to Kill

Expats have long preferred Hong Kong to Shanghai or Beijing. The city boasts better schools, hospitals, and espresso bars. Google still works. Unlike on the mainland, business and society has felt ... ( read original story ...)

Posted on 22/08/2020

Column: Hong Kong shows the world the terrible truth about Communist China

U.S. government leaders must reinforce current actions with a sustained strategy to limit and restrain China’s expansion. This should include naval and air maneuvers, closer Taiwan ties, reinforcing ... ( read original story ...)

Posted on 22/08/2020

Hong Kong SFC Issues Approval-in-Principle to OSL for Virtual Asset Automated Trading and Brokerage Licenses

OSL receives approval-in-principle for Types 1 and 7 license applications Licenses will allow STOs and automated digital asset trading   Company ... ( read original story ...)

Posted on 21/08/2020

Hong Kong to Start Virus Testing for Entire City on Sept. 1

Hong Kong Chief Executive Carrie Lam said the city will kick off a campaign to test its entire population for the novel coronavirus on Sept. 1, in the first such effort attempted outside of mainland ... ( read original story ...)

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