It is "too soon" to say that Hong Kong has lost its standing as a financial hub, says Dr Tim Summers from Chatham House. He adds that while there may be "some reduction" in the city's freedom of ... ( read original story ...)
Can Hong Kong’s Financial Market Survive Without The Free Flow Of Information?
Asia’s global financial hub, top of the rankings for IPOs for much of the past decade, woke up on July 1 with a new national security law that gives China broad powers to clampdown on political ... ( read original story ...)
Hong Kong police fire water cannon at crowds protesting new security law
Hong Kong police fired water cannon on Wednesday to break up the first protest since China introduced sweeping security legislation and they made their first arrests under it, warning of punishment ... ( read original story ...)
Japan Ruling Party Wants to Lure Hong Kong’s Finance Workers
Tokyo may have a chance to realize a long-held dream of becoming a global financial hub if it can attract people fleeing a Chinese clampdown on Hong Kong, according to a senior Japanese ruling party ... ( read original story ...)
Hong Kong’s deferred vacancy tax carries a US$279 million price tag, adding to the financial woes of a recession-busting budget deficit
The lost revenue, equivalent to 11.1 per cent of the government’s 2020-2021 income from rates, comes as Hong Kong’s economy was driven into its worst recession on record by the US-China trade war, ... ( read original story ...)
The Mainstream Wakes Up To The Prospect Of A Banking Collapse
Frank Partnoy, an architect of the collateralized debt obligations (CDOs) that precipitated the 2008 financial crisis, now believes another systemic banking col ... ( read original story ...)
Hong Kong’s BOC Aviation cancels 30 Boeing 737 Max aircraft orders
Hong Kong's BOC Aviation said on Tuesday it had cancelled an order for 30 of Boeing Co's 737 MAX planes, the model that was involved in two fatal crashes. ( read original story ...)
“Laam Caau:” The high-stakes game that Hong Kong protesters are waging with China
Beijing just imposed a sweeping national security law on Hong Kong—some are betting that the move will backfire on China. ( read original story ...)
Detergent maker Blue Moon Group files for US$1 billion Hong Kong IPO
Blue Moon Group Holdings, the Chinese laundry detergent maker backed by Hillhouse Capital, plans to raise up to US$1 billion in an initial public offering in Hong Kong as soon as the third quarter of ... ( read original story ...)
China Imposes Feared Hong Kong Security Law
As the law was signed by President Xi Jinping little more than six weeks after it was first unveiled, Beijing described it as a "sword" hanging over the heads of those who endanger national security. ( read original story ...)
Federated Hermes questions HSBC’s stance on Hong Kong law
HSBC HSBA.L investor Federated Hermes said it has questions about the bank's support for China's new security law for Hong Kong, the second investor in ... ( read original story ...)
U.S. Hong Kong Sanctions Risk $1.1 Trillion in China Funding
China’s largest banks have $1.1 trillion in dollar funding at stake and face potentially steep fines from U.S. legislation that targets penalizing lenders doing businesses with Chinese officials ... ( read original story ...)
Business Embraces Hong Kong Security Law. The Money Helps.
A flood of investment from China has tempered worries that Beijing’s tightening grip on the Asian financial capital would end its status as a lucrative place to do business. ( read original story ...)
U.S. Halts Some Hong Kong Trade Benefits Over China Law
The Trump administration made it harder to export sensitive American technology to Hong Kong, escalating pressure on China as lawmakers in Beijing prepared to hand down a national security law that ... ( read original story ...)