HONG KONG (Reuters) - Hong Kong riot police and protesters braced early on Thursday for possible further clashes across the city’s financial district after a day of violence over an extradition ... ( read original story ...)
Hong Kong’s Threat to Its Financial Stub Status, IPO Market
Jun.12 -- Bloomberg’s Sonali Basak discusses Hong Kong's financial stub status amid protest and what it may mean for the IPO market. She speaks with Bloomberg's Alix Steel and David Westin on ... ( read original story ...)
Chaotic Protests Grow in Hong Kong; Hang Seng Tumbles
Market turbulence could grow for Hong Kong markets as business investors are adamant in not having this extradition bill passed. The Hang Seng fell 1.7% and could see further weakness as investors ... ( read original story ...)
Hong Kong Markets Roiled by Interbank Rate Squeeze Amid Protests
(Bloomberg) -- Hong Kong stocks tumbled and the currency soared as interbank interest rates jumped amid protests that closed roads in the city’s financial district. The Hang Seng Index fell 1.7% at ... ( read original story ...)
Hong Kong protests send stocks lower, spark scramble for cash
The benchmark Hang Seng Index gave up 1.6% in the morning session, while Chinese companies in Hong Kong slid 1.1%, compared with losses of less than 0.6% losses in Shanghai and Asia ex-Japan. The ... ( read original story ...)
Asian stocks mostly lower as protests shake up Hong Kong
TOKYO — Shares declined in Asia on Wednesday and Hong Kong's Hang Seng index tumbled nearly 2% as thousands continued protests against proposed legislation that many city residents fear could further ... ( read original story ...)
Logistics park developer seeks US$1.24 billion in IPO
via the Hong Kong Exchange and the vast bulk of 529.3 million, or 94.4 percent of the offer, via an international placement). Shares will be priced in the range of HK$14.58 to HK$17.40 (US$1.86 to ... ( read original story ...)
Thousands of protesters paralyze Hong Kong’s financial hub over extradition bill
HONG KONG (Reuters) - Chaotic scenes erupted in Hong Kong on Wednesday as tens of thousands of demonstrators stormed key roads next to government offices to protest against a proposed extradition bill ... ( read original story ...)
Hong Kong Stocks Drop Most in Asia as Protesters Block Roads
The biggest contributors to losses included Hong Kong Exchanges & Clearing Ltd., which operates the city’s stock exchange, as well as lenders HSBC Holdings Plc and Hang Seng Bank Ltd. Chinese ... ( read original story ...)
HSBC sets up US$880 million technology fund to find the next Tencent or DJI in southern China’s Greater Bay Area
The GBA+ Technology Fund will focus on lending to high-growth companies in mainland China, Macau and Hong Kong in a variety of sectors, including e-commerce, financial technology (fintech), robotics, ... ( read original story ...)
Hong Kong protesters storm key road next to government offices amid chaotic scenes
HSBC and Standard Chartered, in addition to the Big Four accounting firms, had all agreed to flexible work arrangements for staff on Wednesday, Hong Kong media reported. Strikes and transport go-slows ... ( read original story ...)
Exclusive: Grab eyes Singapore banking license as regulator studies virtual banks – sources
HONG KONG/SINGAPORE (Reuters) - Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online ... ( read original story ...)
Exclusive: Grab eyes Singapore banking licence as regulator studies virtual banks – sources
HONG KONG/SINGAPORE (Reuters) - Grab, Southeast Asia's most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online ... ( read original story ...)
Hong Kong gears up for mass strikes as thousands rally overnight against extradition bill
Hong Kong Chief Executive Carrie Lam said she would press ahead with the legislation despite deep concerns across large swathes of the Asian financial hub that on Sunday triggered its biggest ... ( read original story ...)