Charles Li Xiaojia hinted on Monday that he would set up his own financial business based in Hong Kong after he steps down as chief executive of the Hong Kong Exchanges and Clearing in two weeks. Li, ... ( read original story ...)
Hong Kong stocks end lower as China fines Alibaba, other tech giants
HK daily quota used 0% * FTSE China A50 +1.2% Dec 14 (Reuters) - Hong Kong stocks ended lower on Monday, weighed down by tech firms after China fined tech players for not reporting deals properly for ... ( read original story ...)
Hong Kong stocks fall after China fines Alibaba, Tencent-backed China Literature for antitrust breaches
Hong Kong stocks fell in the afternoon on Monday after China's market regulator fined Alibaba Group Holding and Tencent Holdings-backed China Literature for breach of antitrust regulations. The Hang ... ( read original story ...)
China stocks rise on hopes of policy support; Hong Kong dips
HK daily quota used 0.2% * FTSE China A50 +0.9% SHANGHAI, Dec 14 (Reuters) - China stocks started the week on a firm note due to hopes of more policy support to shore up the world’s second-largest ... ( read original story ...)
Hong Kong must be on Covid-19 alert for whole of 2021 as vaccines are no silver bullet, warns top official
Vaccine limitations mean Hong Kong cannot be complacent over contagion risks next year, finance minister Paul Chan says. ( read original story ...)
Bank of China Closes Account of Detained H.K. Activist: SCMP
Bank of China closed the account of Tang Kai-yin, one of 12 Hong Kong fugitives detained on the mainland, the South China Morning Post reported, citing his family. ( read original story ...)
HSBC should reveal its hand on Hong Kong, warns Patten
HSBC is facing mounting pressure over its stance on Hong Kong after freezing the bank accounts of several pro-democracy supporters ... ( read original story ...)
Bank of China cited ‘commercial and administrative reasons’ for closing account of Hong Kong fugitive detained on mainland, family says
The bank account of one of the 12 Hong Kong fugitives detained in mainland China while trying to flee to Taiwan was closed for "commercial and administrative reasons", his family said on Saturday. The ... ( read original story ...)
US lets banks off for serving sanctioned officials in Hong Kong crackdown, in a relief for Bank of China, Citi, HSBC, StanChart
The move is likely to come as a relief to major lenders and financial institutions such as Bank of China, Citigroup, HSBC and Standard Chartered, that have been trying to distance themselves from ... ( read original story ...)
Finance Capitals Imperiled by Threats Beyond Working From Home
As global finance leaders take a fresh look this year at the hubs that have long been their homes, they’re increasingly seeing high costs and political chaos. ( read original story ...)
Pop Mart’s IPO Pops As Hong Kong Growth Outperforms, Week In Review
Asia ended the week largely up with Mainland China underperforming as US-China tit-for-tat political rhetoric weighed on sentiment, leading to rounds of profit-taking. The big news in an otherwise ... ( read original story ...)
Hong Kong’s Silver Bonds lure senior citizens as government promises to pay seven times more than banks in annual interest
Demand for the latest Silver Bonds offering 3.5 per cent annual coupon has already exceeded that recorded for four previous issues, according to joint lead manager HSBC. ( read original story ...)
Former Hong Kong Lawmaker Urges U.S. to Punish China’s ‘ATM’: the Banking Sector
The United States should target Hong Kong's financial sector with tougher sanctions to deprive China from its 'ATM' and to force Beijing to the negotiating table over its crackdown on the Asian ... ( read original story ...)
China Toymaker Joins Global IPO 1st-Day Pop Party with 112% Jump
A Chinese maker of toys encased in “mystery boxes” is the latest company to join the global initial public offering first-day pop party. ( read original story ...)