As a member of top Chinese political advisory body, HSBC’s Asia-Pacific CEO had to document his support for the highly controversial law, a source says. ( read original story ...)
As Bank of East Asia joins Hong Kong lenders in providing mortgages for Greater Bay Area homes, here is what you need to know about the loans
Hong Kong banks expect more Hongkongers to seek out property in the Greater Bay Area development zone, and at least six of these now offer mortgages for such purchases. ( read original story ...)
China Beverage Firm Wahaha Said to Mull IPO Above $1 Billion
Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. ( read original story ...)
HSBC to invest further in China amid political strife over Hong Kong law
Reuters/BOBBY YIP HSBC headquarters is seen at the financial Central district in Hong Kong HONG KONG (Reuters) - HSBC Holdings Plc said on Friday it would make new investments ... ( read original story ...)
Global banks seeking details of U.S. sanction threat against China individuals for Hong Kong law
International banks were seeking details on Friday of the scope of U.S. legislation that would penalize them for doing business with Chinese officials who implement Beijing's sweeping new national ... ( read original story ...)
China to slash fees, add platforms for HK-based bond trading link – c.bank
The People's Bank of China will cut fees, extend operating hours and introduce more trading platforms to the 'Bond Connect' scheme that allows global investors a way into its vast market via Hong Kong ... ( read original story ...)
HSBC pledges more investments in China even as tension escalates over Hong Kong
HSBC Holdings pledged to boost investments in China to capture more wealth and retail clients even as political tension escalates after Beijing launched sweeping new security legislation to crack down ... ( read original story ...)
Hong Kong: HSBC and Standard Chartered caught between US and China
As US passes legislation targeting Chinese officials, banks face question of ‘which side their bread is buttered’ ... ( read original story ...)
US Congress Targets Banks, Ramping Up Fight For Hong Kong Rights
"We will not stand still and silent and do nothing while they crack down on freedom in Hong Kong," he said on the Senate floor. In a legislative fast-track move that does not require a full vote, the ... ( read original story ...)
New Hong Kong virtual lender Ping An OneConnect, HSBC ease banking processes in battle for SME sector
Hong Kong’s small and medium enterprises (SMEs) have emerged as a new battleground for the city’s banking sector, which has been revitalised by the launch of eight virtual lenders that do not have any ... ( read original story ...)
As the Hong Kong security law comes into force, HSBC’s silence is deafening
The bank publicly backed China last month – so after 370 arrests in one day, ‘no comment’ is unlikely to cut it ... ( read original story ...)
Don’t sacrifice Hong Kong for a banker’s bonus, UK tells HSBC
British Foreign Secretary Dominic Raab reprimanded HSBC and other banks on Wednesday for supporting China's new security law, saying the rights of Hong Kong should not be sacrificed for bankers' ... ( read original story ...)
‘Too soon’ to say Hong Kong has lost its status as a financial hub: Chatham House
It is "too soon" to say that Hong Kong has lost its standing as a financial hub, says Dr Tim Summers from Chatham House. He adds that while there may be "some reduction" in the city's freedom of ... ( read original story ...)
Can Hong Kong’s Financial Market Survive Without The Free Flow Of Information?
Asia’s global financial hub, top of the rankings for IPOs for much of the past decade, woke up on July 1 with a new national security law that gives China broad powers to clampdown on political ... ( read original story ...)