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Tag: finance

Posted on 17/07/2019

Hong Kong tourism, hotel occupancy falls as protests drag on

Hong Kong is one of Asia's most popular tourist destinations and a global financial hub. Millions have taken to the streets over the past month to protest a bill that would allow people to be sent to ... ( read original story ...)

Posted on 17/07/2019

Hong Kong justice secretary due in Beijing on Wednesday amid protests

HONG KONG,+ (Reuters) - Hong Kong's secretary for justice, Teresa Cheng, will travel to Beijing on Wednesday, the city government said, as protests in the Asian financial center against an extradition ... ( read original story ...)

Posted on 17/07/2019

From ‘Asia’s finest’ to ‘black dogs’: Hong Kong police under pressure

HONG KONG (Reuters) - Hong Kong’s vaunted police ... Britain handed the global financial hub back to Chinese rule in 1997 with guarantees that its wide freedoms and autonomy, including the ... ( read original story ...)

Posted on 17/07/2019

Clashes break out as Hong Kong protesters escalate fight in suburbs

Protesters marched in sweltering heat of about 32 degrees Celsius (89.6°F) in Sha Tin, a town between Hong Kong island and the border with China, extending the demonstrations outward from the heart of ... ( read original story ...)

Posted on 17/07/2019

World Digital Currency Bank Was Officially Established in Suriname of South America

HONGKONG, CHINA / ACCESSWIRE / July 17, 2019 / On July 15, Suriname, South America, officially announced the establishment of the World Digital Currency Bank (WDC). According to information, the ... ( read original story ...)

Posted on 17/07/2019

Budweiser APAC’s IPO failure hurt retail investors, say newspaper adverts urging reform

A spokeswoman for Budweiser APAC said subscriptions for the IPO were done in accordance with local market practice. Local brokers are a significant force in Hong Kong because of the high level of ... ( read original story ...)

Posted on 17/07/2019

Hong Kong shares dip as investors await earnings, fret over trade

Shares in Hong Kong slipped on Wednesday ... At the close of trade, the Hang Seng index was down 26.45 points, or 0.09%, at 28,593.17. The Hang Seng China Enterprises index fell 0.16% to ... ( read original story ...)

Posted on 17/07/2019

China Merchants Shekou Plans $800 Million REIT IPO in Hong Kong

(Bloomberg) -- China Merchants Shekou Industrial Zone Holdings Co. is planning an initial public offering of a real estate investment trust in Hong Kong, the city’s first REIT listing in five years, ... ( read original story ...)

Posted on 16/07/2019

Hong Kong protests will put off 350,000 mainland Chinese tourists this year, HSBC estimates

The massive protests that have rattled Hong Kong in recent weeks will put hundreds of thousands of mainland Chinese tourists off visiting the city this year, according to HSBC. The bank believes that ... ( read original story ...)

Posted on 16/07/2019

Hong Kong exchange marks a bumper day with six stock trading debuts as city tries to claw back global IPO crown from New York

Six companies debuted on the Hong Kong stock exchange on Tuesday, marking the busiest initial trading day for a bourse that is trying to claw back its global fundraising crown from New York city. The ... ( read original story ...)

Posted on 16/07/2019

Hong Kong Cuts Expat Banking Jobs, New Job Prospects Look Slim

Hong Kong is known for its vibrant expat community, with a sizeable portion of the crowd working in banking. However, last Friday, Bloomberg reported that many employees in the banking sector have ... ( read original story ...)

Posted on 16/07/2019

Hong Kong’s property market takes its cue from the Hang Seng Index, not protesters

During the Occupy movement’s pro-democracy protests towards the end of 2014, the Hang Seng held steady, and has even risen 5.5 per cent since the first of several anti-extradition bill demonstrations ... ( read original story ...)

Posted on 16/07/2019

HK unrest has rich investors eyeing wealth hubs like S’pore

said the Hong Kong-based chief executive officer for Asia at another private bank. He said the level of interest reduced after the initial panic as people realised they have time to shift their assets ... ( read original story ...)

Posted on 15/07/2019

Goldman banker highlights Morgan Stanley’s Hong Kong IPO woes

HONG KONG (Reuters) - A senior Goldman Sachs (GS.N) banker has highlighted to colleagues the role played by rival Morgan Stanley (MS.N) in failed Hong Kong IPOs following the collapse on Friday of ... ( read original story ...)

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