CIMC Vehicles, the world's largest maker of specialty truck bodies and trailers as measured by sales volumes, increasingly appears to be heading for an initial public offering (IPO) on the Hong Kong ... ( read original story ...)
Protesters urge discussion of Hong Kong issue at G20 summit
"We urge the British side to immediately stop interfering in Hong Kong affairs and China's internal affairs in any way." Associated Press video journalists Dake Kang and Raf Wober and news assistant ... ( read original story ...)
Academy of Finance established
Financial Secretary Paul Chan: It was in the 2018-19 Budget that I announced the plan for an academy of finance to be set up by the Hong Kong Monetary Authority (HKMA). The HKMA has completed the task ... ( read original story ...)
HSBC, BOC remove fees for small accounts in HK, a credit negative
The Hongkong and Shanghai Banking Corporation Limited (HSBC HK) and Bank of China (Hong Kong) Limited (BOC HK) recently announced that they would no longer charge certain fees on personal saving ... ( read original story ...)
Why Hong Kong’s Protesters Are Turning to G20 Leaders for Help
President Trump has expressed sympathy for the Hong Kong protesters, but not offered to take up their cause at the summit, where he is expected to meet with Mr. Xi to discuss trade. Image Carrie Lam ... ( read original story ...)
Chinese budget retailer eyes HK for US$1b IPO
Also, Tasly Biopharmaceuticals, a biopharma unit of Shanghai-listed Tasly Pharmaceutical Group, plans to raise about US$500 million from a Hong Kong IPO, according to Reuters IFR. Meanwhile, Ernst & ... ( read original story ...)
Hang Seng barely moves, China Merchants Bank rebounds
Hong Kong blue chips barely moved at the close today. The benchmark Hang Seng Index inched up by a mere 0.13 percent, or 36 points at 28,221.98.Shares in China Merchants Bank (3968) rebounded by 0.26 ... ( read original story ...)
Sanctioned bank shares take further hit in Shanghai, HK
Shares in three big Chinese banks extended their drop today, after a U.S. media report suggested they could face fallout from an investigation into North Korean sanctions violations.China Merchants ... ( read original story ...)
Protesters urge discussion of Hong Kong issues at G-20
Hong Kong activists opposed to contentious extradition legislation on Wednesday called on leaders of the U.S., the European Union and others to raise the issue with Chinese President Xi Jinping at ... ( read original story ...)
Hong Kong court throws out ex-leader’s misconduct conviction
HONG KONG -- A Hong Kong court on Wednesday threw out former Chief Executive Donald Tsang's conviction for misconduct relating to a property deal while in office. Tsang was released in January after ... ( read original story ...)
Hong Kong protesters call on G20 leaders to take extradition issue to Xi Jinping
Protesters in Hong Kong opposed to contentious extradition legislation are calling on leaders of the U.S., the European Union and others to raise the issue with Chinese President Xi Jinping at ... ( read original story ...)
Hong Kong’s home prices are so scary, people will live with ghosts to get a discount
Which is more frightening: a haunted house or one that takes a lifetime to save up for? For most people Hong Kong's sky-high property prices are a more terrifying prospect than the thought of living ... ( read original story ...)
Local Chinese groups take out pro-Communist Party ads amidst Hong Kong protests
Large advertisements that ran in the Sing Tao and Ming Pao newspapers in the last two weeks denounce the protesters as “radicals” and appear to support the Communist Party’s position on a ... ( read original story ...)
Hong Kong hits export slump and worst is yet to come warns top Bank of East Asia economist, as trade war shows no signs of ending
The city’s exports dropped 2.4 per cent year on year for the seventh month, while imports were down 4.3 per cent for six months in a row, the Census and Statistics Department said on Tuesday. ... ( read original story ...)