China's net gold imports via Hong Kong jumped in April from the previous month to the highest since June 2018, as demand from the world's top bullion consumer staged a strong rebound from last year's ... ( read original story ...)
EXCLUSIVE Hong Kong threatens Lai’s bankers with jail if they deal in his accounts
Hong Kong's security chief sent letters to media tycoon Jimmy Lai and branches of HSBC and Citibank this month threatening up to seven years' jail for any dealings with the billionaire's accounts in ... ( read original story ...)
NetEase Cloud Music Is Said to Eye up to USD901.9 Million Hong Kong IPO
NetEase Cloud Music, China's second-largest music streaming platform, could raise as much as HKD7 billion (USD901.9 million) from its initial public offering in Hong Kong, according to a media report. ( read original story ...)
HSBC pulls out of U.S. retail banking, as it continues to pivot to Asia
Europe’s second-largest bank by assets said on Wednesday it would sell most of its branches on the U.S. east and west coast to Citizens Bank and Cathay ... ( read original story ...)
JD.Com’s Logistics Arm Could Raise as Much as USD3.6 Billion in Hong Kong IPO
JD Logistics, the delivery arm of Chinese e-commerce giant JD.Com, seeks to raise as much as HKD27.74 billion (USD3.6 billion) from its Hong Kong initial public offering tomorrow. The headline figure ... ( read original story ...)
Hong Kong furthers financial crackdown on Jimmy Lai
The Hong Kong government has taken further steps in cracking down on on media tycoon and staunch Beijing critic Jimmy Lai.According to a Reuters exclusive on Thursday, it's warned HSBC and Citibank to ... ( read original story ...)
Hong Kong threatens to jail HSBC bankers handling Jimmy Lai’s accounts as repression hits top tier of financial system
The Apple Daily owner has emerged as one of the highest profile targets of the territory's new national security law ... ( read original story ...)
Higher Open Anticipated For Hong Kong Shares
The Hong Kong stock market has finished higher in two straight sessions, climbing more than 750 points or 2.6 percent along the way. The Hang Seng Index now sits just above the 29,160-point plateau ... ( read original story ...)
How Hong Kong can cement its position as a biotech listing hub
In just three years, Hong Kong has grown into the world's second-largest listing venue for biotechnology pioneers, attracting Chinese and international companies, international investors, and a broad ... ( read original story ...)
HSBC says it will exit US retail banking
HSBC said it would withdraw from US mass market retail banking by selling some parts of its business and winding down others. Europe's ... ( read original story ...)
Fitch Upgrades Bank of China’s Viability Rating to ‘bbb’; Affirms IDRs at ‘A’; Outlook Stable
Fitch Ratings has upgraded Bank of China Limited's (BOC) Viability Rating (VR) to 'bbb' from 'bb+'. Fitch also affirme ... ( read original story ...)
The Gutting of Hong Kong’s Public Broadcaster
With ironic timing, the management at Hong Kong’s public broadcaster Radio Television Hong Kong (RTHK) chose May 3—World Press Freedom Day—to initiate a spate of actions that flew in the face of the ... ( read original story ...)
Fitch Affirms Power Finance Corporation at ‘BBB-‘; Outlook Negative
Fitch Ratings has affirmed Power Finance Corporation Limited's (PFC) Long-Term Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Negative, in line with that on the India sovereign (BBB-/Negative). ( read original story ...)
Hong Kong: Bond plans to be modified
The resolutions seek to raise the maximum amount of borrowings under the Government Bond Programme from $200 billion to $300 billion, and that under the Government Green Bond Programme (GGBP) from ... ( read original story ...)