Tag: finance

HONG KONG (Reuters) - Hong Kong-based Goldin Financial Holdings Ltd has dropped out of a process to buy a land parcel worth about $1.4 billion citing economic uncertainties, as the Asian financial hub ... ( read original story ...)

Beijing-based consultancy Gavecal said some bankers in Hong Kong were reporting that many mainland clients were shifting their accounts to Singapore, fearing they could come under scrutiny in the ... ( read original story ...)

Hong Kong leader Carrie Lam's defiant pledge in the face of more mass protests underscored deep concerns across vast swaths of the Asian financial hub two days after hundreds of thousands took to the ... ( read original story ...)

HONG KONG, June 10, 2019 /PRNewswire/ -- Shanghai Pudong Development Bank Co., Ltd., Hong Kong Branch ("SPD Bank Hong Kong" or "the Company") is celebrating its eighth anniversary in 2019. ... ( read original story ...)

SHANGHAI (Reuters) - China's central bank said on early Tuesday it will sell yuan-denominated bills in Hong Kong in late June, in a move that some market analysts believed was aimed at stemming a ... ( read original story ...)

She called on the government to drop the proposal and "preserve Hong Kong as a leading international business center." Curtis Chin, a Milken Institute Asia Fellow and former U.S. ambassador to the ... ( read original story ...)

Ultimately, it may be Hong Kong’s economy that pays the cost. The city accounts for just 3 per cent of China’s gross domestic product compared with nearly 20 per cent in 1997, but the territory ... ( read original story ...)

HONG KONG -- The extradition bill that sparked one of the largest protests here in two decades looks set to keep stoking political and international tensions as it touches on the city's ... ( read original story ...)

Hong Kong blue chis soared today. The benchmark Hang Seng Index jumped by 2.27 percent, or 613.36 points at 27,578.64 at the close.Tencent Holdings (700) shot up by 3.87 percent at HK$ 343.20, while ... ( read original story ...)

(Bloomberg) -- Chinese internet giant Alibaba Group Holding Ltd. has picked China International Capital Corp. and Credit Suisse Group AG to lead a planned Hong Kong share sale, people familiar with ... ( read original story ...)

Frontage Holdings, a US-China CRO, raised $205 million in a Hong Kong IPO at a market capitalization of $820 million. China announced plans to audit 77 major pharmaceutical companies over the next ... ( read original story ...)

Hong Kong’s government is pushing a bill through the legislature ... Sunday saw huge crowds march in blazing summer heat through the cramped streets of the financial hub’s main island in a noisy, ... ( read original story ...)

This was highlighted by the disappearance of a Hong Kong bookseller selling material banned in mainland China and the explusion of a Financial Times journalist last year. “The scale and determination ... ( read original story ...)

Foreign governments have also expressed concern, warning of the impact on Hong Kong’s reputation as an international financial hub, and noting that foreigners wanted in China risk getting ensnared in ... ( read original story ...)