The Hong Kong stock market has tracked lower in consecutive trading days, sliding more than 130 points or 0.5 percent along the way. The Hang Seng Index now rests just above the 26,300-point plateau ... ( read original story ...)
HSBC Taps Biz2X Platform To Accelerate SMB Credit Approvals
To simplify banking for SMBs in the United States, HSBC is rolling out a new service with Biz2Credit to accelerate the approval of credit applications for SMBs. ( read original story ...)
Ant Group’s Failed IPO Is A China Problem, Not A Fintech Problem
Jack Ma, one of China’s richest men, and a philanthropist that pals around with the likes of Bill Gates and Warren Buffet, kind of got his hat handed to him recently when his Ant Group got banned from ... ( read original story ...)
Behind Ant Group’s Failed IPO. A Sign Of More To Come?
Watch Washington's moves on China securities. The financial part of the trade war might not end under a President Biden. ( read original story ...)
Alibaba, Tencent, Meituan jump, defying Hang Seng slump as market ignores Covid-19 vaccine developments
Hong Kong stocks slipped as concerns over rising coronavirus cases globally tempered optimism surrounding the development of additional coronavirus vaccines. Technology giants, however, bucked the ... ( read original story ...)
The purge of democratic lawmakers in Hong Kong underlines China’s disregard for international law
The latest move by Beijing is such a flagrant breach of the Sino-British Joint Declaration that the UK needs to ensure that there are consequences ... ( read original story ...)
Hong Kong’s Loss of Autonomy Is a Sideshow for Financial Markets
For investors, Hong Kong’s fading autonomy is becoming irrelevant. The same day that pan-democratic legislators announced they would quit en masse in protest against new rules allowing disloyal ... ( read original story ...)
HSBC Share Price is Up by 15% This Month – More Gains Likely
HSBC share price has jumped by more than 15% and technical analysis suggests that there will be more gains in the near term during Biden presidency ... ( read original story ...)
Beijing’s crackdown on democracy and dissent in Hong Kong
China has moved to crush Hong Kong's pro-democracy movement after huge and violent protests rocked the finance hub last year, eviscerating along the way the flickering freedoms it promised Hong Kong ... ( read original story ...)
HK stocks end lower as China sees soft growth in bank loans
Hong Kong stocks ended lower on Thursday, after data showed that new bank loans in China last month fell more than expected to their lowest in a year on tightened loan quotas. ** At the close of trade ... ( read original story ...)
Searches for Hong Kong to Singapore Flights Triple in Hours
Online searches for flights from Hong Kong to Singapore surged 300% within three hours of the announcement an air travel bubble would open between the two financial hubs on Nov. 22, according to Trip. ( read original story ...)
Global index firms should keep ‘watchful eye’ on Hong Kong’s regulatory independence, former FTSE chief says
"Hong Kong and their classification as a developed market may be questioned at some time, if the regulation is controlled from Beijing rather than Hong Kong," Mark Makepeace told Reuters. ( read original story ...)
Hong Kong legislature opens, as pro-democracy bloc set to resign
Hong Kong's legislature opened Thursday ahead of the planned mass resignation of its pro-democracy bloc, one day after the government ousted four of ... ( read original story ...)
China, HK stocks slip as data shows soft growth in bank loans
China stocks slipped on Thursday after data showed that the country’s new bank loans last month fell more than expected to their lowest in a year on tightened loan quotas. ** The CSI300 index was down ... ( read original story ...)