HSBC's digital payment platform PayMe is enjoying a surge in popularity during the coronavirus pandemic, hitting a new milestone since its introduction in 2017, as consumers go online to pay for ... ( read original story ...)
Hong Kong student depicts city’s rising inequality through art
The Google search results for Hong Kong often consist of countless modern skyscrapers and the colourful city lights that never seem to turn off, ever. Engraved in most people’s minds is the very ... ( read original story ...)
Chinese Retail Tycoon’s Wumei Considers Hong Kong IPO
Wumei Holdings Inc., the Chinese retail group that owns one of the country’s biggest supermarket chains, is considering an initial public offering in Hong Kong, people with knowledge about the matter ... ( read original story ...)
Hong Kong shares fall nearly 1% as China’s National People’s Congress continues
China announced a new national security law on Friday, which, if implemented, would give Beijing more control over Hong Kong ... ( read original story ...)
Hong Kong Stocks Fall Further, Bucking Regional Rally
Indexes in Japan and Australia led regional gains on Monday, with a nearly 1.5% increase. South Korea’s Kospi Composite advanced more than 0.5%. ( read original story ...)
More Chaos Expected For Hong Kong Stock Market
Among the actives, Sino Land plummeted 10.30 percent, while New World Development plunged 9.80 percent, AIA Group tanked 9.41 percent, BOC Hong Kong cratered 7.80 percent, AAC Technologies surrendered ... ( read original story ...)
Hong Kong’s IPO Momentum Is Now Clouded by Political Turmoil
Hong Kong’s stock exchange was having a good week until Beijing crashed the party. Seen as one of the potential big winners from a bill last week by the U.S. Senate to limit listings of Chinese ... ( read original story ...)
Hong Kong No Longer Among World’s Top Three IPO Venues
Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original story ...)
Will investors cool on Hong Kong as China takes closer control?
The most unsettling aspect of Friday’s 5.6 per cent plunge in Hong Kong’s Hang Seng index was not its scale or its suddenness but its implications for the coming days and weeks. The drop — the ... ( read original story ...)
Hong Kong Law Will Help Restore Confidence, Finance Chief Says
China’s proposed national security legislation will help quell concerns about political unrest in Hong Kong, the main threat to confidence in the city’s financial sector, according to Financial ... ( read original story ...)
China’s Security Law Marks the End of Subtlety in Hong Kong
The law will extend to Hong Kong the legal system and security regulations that prevail elsewhere in China. The Hong Kong announcement upended the expectations of many China watchers who expected a ... ( read original story ...)
Covid-19, less deadly than Sars, takes a heavier toll on Hong Kong’s financial markets and economy than the 2003 outbreak
For half a century, Albert Fong Leung-fai has withstood the varying widths of men's suit lapels, survived Hong Kong's journey from British rule to Chinese sovereignty, and weathered the city's ... ( read original story ...)
Bruised Businesses Try to Divine Hong Kong’s Fate Under National-Security Law
Markets faltered and businesses braced for more instability as China set out plans for national-security laws to tighten its control over Hong Kong, piling stress on the global finance hub already ... ( read original story ...)
City Braces for Rallies; Police Issue Warning: Hong Kong Update
Hong Kong police warned protesters against unauthorized marches against China’s plans to impose a sweeping national security law, as the measure drew criticism from the U.S., the U.K. and other ... ( read original story ...)