Tag: finance

including Hong Kong Chief Executive Carrie Lam, who later said she was forced to stockpile cash because the restrictions cut her off from the global banking system. (Reuters reported Thursday that ... ( read original story ...)

China plans to exempt companies going public in Hong Kong from first seeking the approval of the country's cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial ... ( read original story ...)

Hong Kong had its busiest day for initial public offerings in six months on Friday, reinforcing the city's role as a listings venue when regulators in both China and the U.S. are putting a chill on ... ( read original story ...)

Hong Kong stocks fall as traders see limited policy stimulus from China to stem a deeper economic slowdown, while Biden prepares to warn US businesses about doing business in the city. ( read original story ...)

Asian markets edged lower on Friday as investors weighed concerns over economic growth and virus outbreaks and risk aversion set in following dovish comments from the Federal Reserve chief. Fed Chair ... ( read original story ...)

The Hang Seng Index now rests just ... Henderson Land climbed 1.66 percent, Hong Kong & China Gas gathered 1.63 percent, Industrial and Commercial Bank of China perked 1.59 percent, Longfor ... ( read original story ...)

Chinese regulators want property developers to disclose details of rapidly growing commercial paper issuance in their monthly reports, said three sources, as part of Beijing's move to rein in ... ( read original story ...)

The offshore loan from HSBC for Nutifood is the first of its kind in Vietnam and ASEAN and is expected to promote bilateral trade between Vietnam and Italy. ( read original story ...)

Rent control is a contentious issue and perhaps nowhere more so than in capitalist and laissez-faire Hong Kong. The city holds the unenviable crown of being the world's most expensive for renters, ... ( read original story ...)

At closing bell, the benchmark Hang Seng Index added 0.75%, or 208.81 points, to 27,996.27. The Hang Seng China Enterprises Index rose 1.08%, or 109.20 points, to 10,174.27. ( read original story ...)

Hong Kong customs officials have announced the uncovering and dissection of a major cryptocurrency money laundering operation. ( read original story ...)

Hong Kong authorities arrested four men for a suspected money-laundering syndicate involving HK$1.2 billion ($155 million) with virtual currency. Operation “Coin Breaker” was launched on July 8, and ... ( read original story ...)

The tailwinds lifting the Hong Kong bourse’s prospects are blowing from east and west: China is applying heavy scrutiny on overseas listings as well as its homegrown exchanges, sending companies to ... ( read original story ...)

Hong Kong stocks rose to the highest in almost two weeks as China injected liquidity to ease a crunch in the system amid reports showing the economy lost some growth momentum last quarter. The Hang ... ( read original story ...)