(Bloomberg) -- Hong Kong stocks are poised for their worst quarter since 2015 ... would be the biggest contraction for Hang Seng Index companies since the global financial crisis, data compiled by ... ( read original story ...)
Banks in Hong Kong condemn violence, urge restoration of ‘harmony’
Standard Chartered said in Thursday’s advertisements the bank supported the special administrative region’s government to uphold social order and “guard the status of Hong Kong as an ... ( read original story ...)
Hong Kong’s stock market faces a drought of initial public offerings as valuations take a plunge to among the lowest in Asia
Companies looking to list in Hong Kong have put their initial public offerings (IPOs) on hold amid an annual decline of as much as 40 per cent in the valuations of new share offerings in some cases, ... ( read original story ...)
Hong Kong’s US dollar peg could be a weak link if protests continue to drag, China scholar warns
Zhou Luohua, vice-president of the Chongyang Finance Research Institute at the Renmin University of China, says the peg could prove to be city’s ‘Achilles’ heel’ The Hong Kong dollar has been pegged ... ( read original story ...)
Frontline view: Making the case for violence in Hong Kong protests
Unlike the Umbrella movement in 2014, when a largely peaceful 79-day occupation of Hong Kong’s financial area failed to achieve its aim of universal suffrage, a more confrontational stance from some ... ( read original story ...)
Hong Kong Faces Worst Earnings Recession Since the 2008 Crisis
(Bloomberg) -- Hong Kong stocks are poised for their worst ... contraction for Hang Seng Index companies since the global financial crisis, data compiled by Bloomberg show. While a protracted ... ( read original story ...)
Alibaba postpones up to $15-billion Hong Kong listing amid protests: sources
China’s biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15-billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge ... ( read original story ...)
Hong Kong protesters gather at mob-attack subway as bank warns of economic fallout
BEA and its rivals have closed branches in the vicinity of protests which are already exacting a toll on Hong Kong’s economy and tourism – the Asian financial hub is on the verge of its first ... ( read original story ...)
Hitting Hong Kong tycoons where it hurts
Demonstrators in Hong Kong clash with police. The Hang Seng Index is on track ... Sponsor Content by Hewlett Packard Enterprise For credit and debit card incidents alone, financial losses to banks and ... ( read original story ...)
China plans to make Shenzhen a ‘better place’ than Hong Kong
China's government has unveiled plans to boost the mainland city of Shenzhen and make it into what state media called a "better place" than neighbouring Hong Kong, following another huge pro-democracy ... ( read original story ...)
China’s Warning to Global CEOs: Toe the Party Line on Hong Kong
A Hellish Week for Cathay Buffeted Between China and Hong Kong HSBC Holdings Plc is a prime example. Founded in Hong Kong in 1865, the bank switched its base to London before the handover to China in ... ( read original story ...)
Alibaba postpones $20b Hong Kong IPO amid protests: Sources
HONG KONG (REUTERS) - China's biggest e-commerce company Alibaba Group Holding has delayed its up to US$15 billion (S$20.76 billion) listing in Hong Kong amid growing political unrest in the Asian ... ( read original story ...)
Alibaba could postpone its $15 billion IPO in Hong Kong due to political unrest
Jack Ma’s Alibaba might delay its $15 billion IPO in Hong Kong, say reports. The reason behind the move seems to be growing political unrest in the region. Over the past few months, millions have ... ( read original story ...)
China Traders Bet Big on a Lagging Bank Stock in Hong Kong
(Bloomberg) -- It’s trading near its lowest levels since 2016 and has lost $44 billion in value since an April peak -- but mainland investors can’t seem to get enough of China Construction Bank Corp. ( read original story ...)