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Posted on 07/12/2023

Moody’s cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too

Moody's Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China's credit rating a day earlier.

Posted on 07/12/2023

Democracy activist Agnes Chow says she still feels under the Hong Kong police’s watch in Canada

Hong Kong pro-democracy activist Agnes Chow says she feels she's still under the watch of the Chinese territory’s police even after moving to Toronto.

Posted on 07/12/2023

Hong Kong a ‘place of fear’ – fugitive activist

Agnes Chow, 27, told the BBC she jumped bail 'at the last moment' for fear of being arrested again.

Posted on 07/12/2023

Agnes Chow: Fugitive activist says Hong Kong is now a ‘place of fear’

Hong Kong is now a "place full of fear" for pro-democracy activist Agnes Chow, who says she has no plans to go home Hong Kong is now a "place full of fear", pro-democracy activist Agnes Chow, who ...

Posted on 07/12/2023

FII conference: Hong Kong’s capital market, hub status highlighted as city seeks bridge role to boost Middle East ties

Hong Kong is ideally placed to serve as a bridge between China and the Middle East, with the city’s capital market and government’s focus on tech and innovation acting as catalysts, FII conference ...

Posted on 07/12/2023

Valtech Provides Biotechnology and Technology Startup Orientated Valuation Support

Valtech Valuation has recently concluded valuations for several projects within the biotechnology and medical technology sector, specifically focusing on genetic engineering. We are honored to have ...

Posted on 07/12/2023

Economists See Hong Kong’s Growth Outlook Worsening Through 2024

Hong Kong’s economy will likely grow more slowly than previously expected both this year and next as challenges from China’s slowdown and the impact from elevated interest rates weigh on the financial ...

Posted on 07/12/2023

Hong Kong Billionaire Cheng Family Boosts New World Stake

Hong Kong billionaire Henry Cheng’s family increased its stake in property developer New World Development Co. this week, according to a person familiar with the matter, as the company’s shares ...

Posted on 07/12/2023

Giant Chinese property developer Evergrande given stay of execution

There is concern that an Evergrande liquidation could severely impact the ability of other corporations, not only highly indebted real estate developers, to raise money in international financial ...

Posted on 07/12/2023

Hong Kong stocks revisit 13-month low as China’s top banks slide on Moody’s act, while reports seen reinforcing slowdown risks

Stocks struggle for traction after a rebound on Wednesday after Moody’s lowered its outlook on major Chinese lenders. Economic data this week may offer little help to shore up sentiment.

Posted on 07/12/2023

Moody’s changes Hong Kong’s outlook from stable to negative

Moody's on Wednesday (Dec 6) downgraded its outlook on Hong Kong from stable to negative, a day after cutting China's credit outlook citing costs to bail out local governments and state firms or to co ...

Posted on 07/12/2023

Moody’s cuts outlook for Chinese banks, Hong Kong, Local Government Financing Vehicles

The Chinese banks that Moody’s changed from negative to stable include three policy banks and five large state-owned commercial banks.

Posted on 07/12/2023

Top conference shows world banks on Hong Kong

Meeting of leading central bankers an answer to those who doubt city's reputation as global financial centre If there is still any doubt as to the continuing importance of Hong Kong as a global ...

Posted on 07/12/2023

Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move

Industrial & Commercial Bank of China and Postal Savings Bank of China. (Reporting by Gursimran Kaur in Bengaluru, Twinnie Siu in Hong Kong and Marc Jones in London, Editing by Louise Heavens, ...

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