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Posted on 21/09/2020

HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak

HSBC and Standard Chartered's Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)

Posted on 21/09/2020

HSBC Shares Decline to Lowest Since 1995 in Hong Kong

HSBC Holdings Plc slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts including a potential threat to its expansion plans in China. ( read original story ...)

Posted on 21/09/2020

HSBC shares sink to 25-year low in HK, StanChart sags over dirty money scandal

HSBC and Standard Chartered Hong Kong shares dropped on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite red flags ... ( read original story ...)

Posted on 21/09/2020

HSBC shares hit 25-year low on report of China ‘unreliable list’

Shares in banking giant HSBC plunged to a 25-year low Monday on fears it could be added to a Chinese list of firms deemed a threat to national security and following news it had been accused of ... ( read original story ...)

Posted on 21/09/2020

Smart city business opportunities in ASEAN countries

In the Spanish IESE Business School's global smart city ranking, Hong Kong was ranked the 10th among 174 cities in the world, and the 3rd in the Asia-Pacific region. The top five in the Asia-Pacific ... ( read original story ...)

Posted on 21/09/2020

Hong Kong and China stocks fluctuate as traders keep an eye on US-China tension and fiscal stimulus package

HSBC weighs heavily on Hang Seng Index, heading for its lowest close since 1995, as the UK bank has been whipsawed by a range of issues on several fronts. ( read original story ...)

Posted on 21/09/2020

Hong Kong gov’t says security law does not affect judicial independence after Australian judge resigns from top court

Hong Kong’s government has said the national security law does not affect the city’s judicial independence after an Australian judge resigned from the local top court earlier this month, citing ... ( read original story ...)

Posted on 21/09/2020

HSBC, StanChart Hong Kong shares fall after ‘FinCEN’ leak

HSBC HSBA.L and Standard Chartered's STAN.L Hong Kong shares fell on Monday after media reports that they and other banks moved large sums of allegedly illicit funds over nearly two decades despite ... ( read original story ...)

Posted on 21/09/2020

UPDATE 1-HSBC HK shares drop to lowest since 1995, StanChart falls after ‘FinCEN’ leak

Falls follow reports on movements of allegedly illicit funds (Adds details from media reports, other bank names) ... ( read original story ...)

Posted on 21/09/2020

HSBC, StanChart shares tumble after ‘FinCEN’ leak

HSBC Holdings slumped below its financial crisis low set more than a decade ago as pressures mount on several fronts, including political tension in Hong Kong, the fallout of the coronavirus pandemic ... ( read original story ...)

Posted on 21/09/2020

Hong Kong Democrats Face Choice: Engage Beijing or Give Up Seats

Following China’s delay of Hong Kong’s legislative elections, opposition lawmakers face a defining choice: Keep playing by Beijing’s rules? Or quit and join the radicals in the streets? ( read original story ...)

Posted on 21/09/2020

HSBC ‘ignored warnings on US$80mn suspect payments’

HSBC has been accused of allowing international payments to accounts at its Hong Kong office that were linked to a suspected Ponzi scheme, despite ... ( read original story ...)

Posted on 21/09/2020

Hong Kong Opposition Splits Over Calls to Boycott Legislature

Following China’s delay of Hong Kong’s legislative elections, opposition lawmakers face a defining choice: Keep playing by Beijing’s rules? Or quit and join the radicals in the streets? ( read original story ...)

Posted on 21/09/2020

Relatives of 12 Hong Kong People Arrested by China Demand Access for Own Lawyers

Relatives of some of the 12 Hong Kong people arrested by China at sea last month demanded the city's government check on their condition and ensure that lawyers appointed by the families and not the ... ( read original story ...)

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