HSBC feels pressure from Beijing for a break up

HSBC faces further pressure to bow to the demands of its biggest shareholder and break itself up after a politician in Hong Kong urged the bank to hand board seats to Ping An.The intervention by ... ( read original story ...)

Techs Sinks Hang Seng More than 2%

Hong Kong’s Hang Seng index fell more than 2% on Friday as tech stocks came under pressure. In Japan, the Nikkei 225 retreated 13.84 points, or 0.1%, to 27,801.64. Japan’s industrial output jumped 8.9 ... ( read original story ...)