American decoupling risk Hong Kong dollar peg. Hong Kong is the world's No. 3 financial center and a break of the 36-year peg could cause jitters. The unpegging, if it happens, may occur while the ... ( read original story ...)
Hang Seng Index snaps three-day freefall ahead of weekend market
Hong Kong blue-chip stock benchmark Hang Seng Index (HSI) has managed to finish a mostly bearish week on a high. The index snapped a three-day decline on Friday 12 June 2020, as it rallied roughly 1.2 ... ( read original story ...)
Hong Kong IPOs sizzle despite chaos surrounding the territory’s future
While Hong Kong’s future may be plagued by mainland China’s seemingly increasing disregard for the territory’s independence and the resumption of pro-democracy protests, signs point to it remaining an ... ( read original story ...)
Hong Kong’s future as a financial hub is being torn between Washington and Beijing
The arrangement, which was supposed to remain in place until 2047, provides Hong Kong citizens the freedoms that their mainland peers don’t have, and also created a special conduit for international ... ( read original story ...)
HSBC under fire in UK for backing China’s Hong Kong law
Asia-focused banking giant HSBC's vocal support for China's controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender ... ( read original story ...)
Hong Kong Remains Hot Spot for Chinese Company Listings. Next Up: JD.com and NetEase.
Although Chinese companies have increasingly chosen Hong Kong over New York—or in addition to the Big Apple in the case of secondary listings—the trend may get a boost for a number of reasons. And, at ... ( read original story ...)
Hong Kong police arrest 53 during fresh protests
Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)
Aviva Investors rebukes HSBC, Standard Chartered over decision to support Hong Kong national security law
Aviva Investors publicly rebuked HSBC and Standard Chartered on Wednesday over their support of the controversial national security law for Hong Kong, saying it was "uneasy" with the decision.The asse ... ( read original story ...)
No threat to Hong Kong’s crown as international financial centre, AXA Investment Managers says
Hong Kong will retain its status as an international financial hub despite economic challenges from months of anti-government street protests, the coronavirus pandemic and concerns about a ... ( read original story ...)
South Korea’s Largest IPO Since 2017 Starts Taking Orders
SK Biopharmaceuticals Co. has started taking investor orders for what is set to be South Korea’s largest initial public offering in three years. ( read original story ...)
Hong Kong police arrest 53 during fresh protests, more rallies planned
Hong Kong police arrested 53 people during protests on Tuesday evening that saw hundreds of activists take to the streets, at times blocking roads ... ( read original story ...)
Mike Pompeo criticises HSBC for backing Hong Kong security law
Mr Pompeo said the Chinese Communist Party's (CCP) "browbeating" of HSBC "should serve as a cautionary tale". He said that last week's signing of a petition supporting the new leg ... ( read original story ...)
Pompeo Blasts HSBC for ‘Corporate Kowtows’ Over Hong Kong
U.S. Secretary of State Michael Pompeo criticized HSBC Holdings Plc for backing China’s move to impose national security legislation in Hong Kong, underscoring the increasing political pressures on ... ( read original story ...)
Hong Kong’s Hang Seng Index rises for eighth day as Cathay Pacific jumps on bailout packages
Cathay Pacific shares initially surged 18 per cent for the biggest gain since 2008 after the government and its shareholders announced a HK$39 billion (US$5.03 billion) package to bail out the city’s ... ( read original story ...)