Tag: finance

The U.S. government is threatening to delist Chinese companies that do not meet U.S. accounting standards, but mainland firms are rushing to offer their shares on New York exchanges, sometimes in ... ( read original story ...)

Critics are right to warn about the loss of some freedoms in Hong Kong and the possibility of a talent and capital flight. But many of its advantages remain – enough to safeguard the SAR’s status as a ... ( read original story ...)

China's central bank issued 30 billion yuan ($4.3 billion) of offshore bills in Hong Kong on Thursday, according to a notice published by the Hong Kong Monetary Authority. ( read original story ...)

(Bloomberg) -- China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to safeguard their access to ... ( read original story ...)

Yet, for all the challenges, HSBC is right to bank on China, no pun intended. Since its on-again, off-again job cuts and restructuring programme four months ago, it has kept its cards close to its ... ( read original story ...)

Nearly 4.1 billion shares changed hands, almost 10 times what was transacted every day in the past year, as calls sounded out on LIHKG and other social media platforms for Apple Daily’s supporters to ... ( read original story ...)

Next Digital tumbled 41 per cent, after a 1,200 per cent run-up over the previous two days. Its founder was arrested on Monday on suspected violation of the city’s new national security law, sparking ... ( read original story ...)

Credit union tells members they have been ‘gradually withdrawing or relocating most of our assets and investments from foreign banks’ since May. ( read original story ...)

Next Digital, which shot up as much as 59 per cent in the morning, tumbled 40 per cent after the break. Its founder was arrested on Monday on suspected violation of the city’s new national security ... ( read original story ...)

China’s largest state-run banks operating in Hong Kong are taking tentative steps to comply with U.S. sanctions imposed on officials in the city, seeking to safeguard their access to crucial dollar ... ( read original story ...)

Livi, the virtual bank co-owned by Bank of China (Hong Kong), hopes to attract customers with cash rewards and the convenience of easy payments at shops through quick-response (QR) codes.The fourth ... ( read original story ...)

Citigroup Inc. and Standard Chartered Plc are stepping up scrutiny of banking clients in Hong Kong, aiming to avoid violating U.S. sanctions on officials in the former British colony. ( read original story ...)

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)

The Hong Kong stock market on Tuesday snapped the three-day losing streak in which it had stumbled almost 750 points or 3 percent. The Hang Seng Index now rests just above the 24,890-point plateau ... ( read original story ...)