Hong Kong on Tuesday formally began the process to enact a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub.
Hong Kong’s fund industry on road to recovery as financial watchdog looks to raise global appeal of city’s markets
The Securities and Futures Commission aims to enhance cross-border trading schemes and ties with the Middle East, the rest of Asia and around the world.
Evergrande’s offshore units swing after Hong Kong court’s liquidation order
Shares of China Evergrande Group’s offshore units are fluctuating after their heavily indebted parent received a liquidation order from a Hong Kong court, raising questions over their future ownership ...
With over $300 billion in debt, Hong Kong court orders liquidation of China’s Evergrande Group
As reported by Financial Times (FT), the order would allow court-appointed liquidators to attempt to seize control of assets of Evergrande Group in mainland China, as Hong Kong has a mutual ...
Hong Kong stocks slip in worst January since 2016 on BYD earnings miss, weak China manufacturing outlook
Stocks resume decline in Hong Kong, taking the city’s market to its worst January since 2016. While many Goldman Sachs clients are upbeat, a significant portion says the market remains uninvestable.
Hong Kong leaders start legislative push to tighten national security laws
Hong Kong confirmed on Tuesday its intention to pass fresh national security laws soon, building on sweeping legislation Beijing imposed on the city in 2020, and saying the city has the constitutional ...
Hong Kong Stock Market Tipped To See Additional Support
The Hong Kong stock market bounced higher again on Monday, one session after halting the three-day winning streak in which it had ...
Hong Kong court orders liquidation of China’s Evergrande, once the country’s property giant
HONG KONG: A Hong Kong court on Monday ordered the liquidation of ... but it wasn't plugged in to the global financial system in the way that Lehman Brothers was as an international bank," said Daniel ...
Evergrande shares halt trading after Hong Kong court orders liquidation; Asia markets mostly rise
China's CSI 300 index fell 0.9% and closed at 3,303.96, driven by losses in Shenzhen, while Hong Kong's Hang Seng index rose 0.71%, paring earlier gains. Stock chart icon In Singapore, its central ...
Beijing’s support aside, Hong Kong must shine as a financial hub
The central government may have stepped in to defend markets but Hong Kong needs to show its ability to fend off regional challengers, such as by tapping its Middle East and belt and road connections ...
Hong Kong court orders China’s Evergrande, which owes $300 billion, to liquidate
China Evergrande is one of the biggest Chinese developers that have collapsed under pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth.
Hong Kong court orders liquidation of China’s Evergrande
Hong Kong’s banking regulator said it would relax commercial property mortgage rules, in a move to boost liquidity in a market that has been hit hard by US-China trade tensions, violent street ...
Evergrande shares halted after Hong Kong court orders liquidation
Shares of China Evergrande were halted after plunging over 20% in early trading on Monday after a Hong Kong court ruled to liquidate the embattled property developer. It comes against the backdrop of ...
Evergrande, the massive Chinese real estate developer with $300 billion in debt, is ordered to liquidate by a Hong Kong court
China Evergrande's liquidation process could be complicated, with potential political considerations, given the many authorities involved.