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Tag: finance

Posted on 14/06/2020

Will HSBC’s divided loyalties over Hong Kong lead to a break-up?

Banking giant is torn between keeping its Hong Kong roots under growing Chinese dominion and remaining intact HSBC was lauded as “brave” last year in London adland. In a branding campaign plastered ... ( read original story ...)

Posted on 13/06/2020

China finalizes new IPO rules for Shenzhen’s ChiNext startup board

China has finalised new rules for companies looking to list on Shenzhen's ChiNext board, streamlining the listing process and allowing IPO pricing to be fully determined by the market. ( read original story ...)

Posted on 13/06/2020

Standard Chartered: Over Exposed Long-Term To Hong Kong And China

HK and China are key revenue and profit drivers for Standard Chartered, and high margin. None of the political developments in HK bode well for the bank long-te ... ( read original story ...)

Posted on 13/06/2020

Hong Kong Dollar Peg: How vulnerable is it and if it breaks, how will it happen? Explained

American decoupling risk Hong Kong dollar peg. Hong Kong is the world's No. 3 financial center and a break of the 36-year peg could cause jitters. The unpegging, if it happens, may occur while the ... ( read original story ...)

Posted on 12/06/2020

Hang Seng Index snaps three-day freefall ahead of weekend market

Hong Kong blue-chip stock benchmark Hang Seng Index (HSI) has managed to finish a mostly bearish week on a high. The index snapped a three-day decline on Friday 12 June 2020, as it rallied roughly 1.2 ... ( read original story ...)

Posted on 11/06/2020

Hong Kong IPOs sizzle despite chaos surrounding the territory’s future

While Hong Kong’s future may be plagued by mainland China’s seemingly increasing disregard for the territory’s independence and the resumption of pro-democracy protests, signs point to it remaining an ... ( read original story ...)

Posted on 11/06/2020

Hong Kong’s future as a financial hub is being torn between Washington and Beijing

The arrangement, which was supposed to remain in place until 2047, provides Hong Kong citizens the freedoms that their mainland peers don’t have, and also created a special conduit for international ... ( read original story ...)

Posted on 11/06/2020

HSBC under fire in UK for backing China’s Hong Kong law

Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender ... ( read original story ...)

Posted on 11/06/2020

Hong Kong Remains Hot Spot for Chinese Company Listings. Next Up: JD.com and NetEase.

Although Chinese companies have increasingly chosen Hong Kong over New York—or in addition to the Big Apple in the case of secondary listings—the trend may get a boost for a number of reasons. And, at ... ( read original story ...)

Posted on 11/06/2020

Hong Kong police arrest 53 during fresh protests

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)

Posted on 10/06/2020

Aviva Investors rebukes HSBC, Standard Chartered over decision to support Hong Kong national security law

Aviva Investors publicly rebuked HSBC and Standard Chartered on Wednesday over their support of the controversial national security law for Hong Kong, saying it was "uneasy" with the decision.The asse ... ( read original story ...)

Posted on 10/06/2020

No threat to Hong Kong’s crown as international financial centre, AXA Investment Managers says

Hong Kong will retain its status as an international financial hub despite economic challenges from months of anti-government street protests, the coronavirus pandemic and concerns about a ... ( read original story ...)

Posted on 10/06/2020

South Korea’s Largest IPO Since 2017 Starts Taking Orders

SK Biopharmaceuticals Co. has started taking investor orders for what is set to be South Korea’s largest initial public offering in three years. ( read original story ...)

Posted on 10/06/2020

Hong Kong police arrest 53 during fresh protests, more rallies planned

Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)

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