WeLab's founder and CEO Simon Loong discusses the opening of WeLab Bank, the latest subsidiary of the Hong Kong-based fintech firm amid the coronavirus pandemic. Got a confidential news tip? We want ... ( read original story ...)
Hong Kong’s international financial center status hangs in the balance
Plus, the banking system is stable too, with a capital adequacy ratio exceeding 20%, far more than the international requirement of 8%.” These measures serve to further hasten the U.S.-China financial ... ( read original story ...)
China Construction Bank Corp., Hong Kong Br. — Moody’s assigns A1 rating to green bonds issued by China Construction Bank’s Hong Kong Branch
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UPDATE 1-Hong Kong reports 80 new coronavirus cases, slight drop from previous highs
Hong Kong reported 80 new coronavirus cases on Monday, dropping below 100 infections for the first time in 12 days, as a team of Chinese officials began preparations for widespread testing in the ... ( read original story ...)
The Latest: Mainland China, Hong Kong report fewer new cases
Gov. Gavin Newsom said California appears to be getting a grip on a resurgence of the coronavirus, though he warned the state is a long way from reopening some of the businesses it shuttered for a ... ( read original story ...)
Jittery Hong Kong authors seek Taiwan safety after security law
China's new security law has cast a threatening shadow over Hong Kong's dynamic book industry, with anxious publishers combing through back catalogues for potentially "subversive" material, and ... ( read original story ...)
Hong Kong stocks rise, on track to break three-session losing streak after US tech rally and latest step in China to bolster economy
In summarising its goals for the second half of the year, the People’s Bank of China said on Monday after market close that it will guide the growth of broader money supply and total social financing ... ( read original story ...)
China stocks firm as banks lend support; Hong Kong up
China stocks firmed on Tuesday, driven by strong gains in banks as investors cheered Beijing’s latest move to ease pressure on the country’s financial institutions. ** The CSI300 index rose 0.1% to 4, ... ( read original story ...)
Lecturer says foreign students need clarity on ‘academic freedom’ after row over UNSW Hong Kong article
The article with director of Human Rights Watch, Elaine Pearson’s comments on China and Hong Kong is now reinstated on UNSW’s law faculty page The University of New South Wales needs to clarify for ... ( read original story ...)
China Sends Team to Hong Kong for Widespread Coronavirus Testing
The initiative marks the first time mainland health officials have assisted Hong Kong in its battle to control the epidemic. The city has reported around 3,500 coronavirus cases and 34 deaths since ... ( read original story ...)
Asia Pacific stocks set to trade higher; Reserve Bank of Australia’s interest rate decision awaited
The Reserve Bank of Australia's interest rate decision is expected to be out at about 12:30 p.m. HK/SIN on Tuesday. That comes as social distancing measures have been ramped up in the Australian state ... ( read original story ...)
Hong Kong’s Protesters Are Writing Their ‘Last Letters’
The Editors S ince Hong Kong was officially handed over to Chinese rule in 1997, the city has enjoyed a special status within China, a place where dissident books could be published, where protests ... ( read original story ...)
Hong Kong power utility CLP returns to profitability in the first half but warns of uncertain outlook due to Covid-19
CLP Holdings posts a net profit of US$775.4 million for the first half ended June, but the blue chip utility’s chairman said the outlook remains highly uncertain. ( read original story ...)
China’s actions risk Hong Kong’s future as global financial center
The new security law Beijing imposed on Hong Kong and the ongoing political turmoil cast a dark shadow on the financial hub's competitiveness and attractiveness to international business. ( read original story ...)