Hong Kong is ready to defend the currency’s link to the U.S. dollar with the support of the mainland, and investors still retain confidence in the system, according to the city’s top financial ... ( read original story ...)
Shift4, Dada, Legend Raising $1 Billion in U.S. IPO Surge
A multi-sector trident of companies is pricing shares worth about $1 billion on Thursday, showing the rebounding strength of U.S. initial public offerings even as the coronavirus pandemic continues ... ( read original story ...)
PBOC Says It Supports Hong Kong’s Role as a Financial Center
China’s central bank said it will “unswervingly” support Hong Kong’s role as an international financial center, in a statement backing the Beijing government’s controversial move to introduce a ... ( read original story ...)
Billionaires are getting richer, the IPO market is heating up, and Mark Cuban reveals why he’s not running for president.
We read all the news today so you wouldn't have to. Here are the highlights (and some lowlights) from the business world today. ( read original story ...)
Hong Kong Confident Peg Will Survive U.S.-China Tensions
Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.Focus ... ( read original story ...)
Hong Kong Confident Peg Will Endure U.S.-China Tension
Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington. ( read original story ...)
Hong Kong outlaws insulting China’s national anthem as HSBC and Standard Chartered back security law
Hong Kong’s legislature approved a contentious bill Thursday that makes it illegal to insult the Chinese national anthem. ( read original story ...)
UK Banking Giants Back China’s Hong Kong Security Law
British banking giants HSBC and Standard Chartered on Thursday backed China's contentious security law proposal for Hong Kong, which critics fear will be used to stamp out dissent in the city. Beijing ... ( read original story ...)
Hong Kong security law will erode its global financial hub status, says media tycoon
China's planned national security law for Hong Kong will jeopardize the city's rule of law and subsequently, its global reputation as an efficient and reliable financial hub, says Jimmy Lai, founder ... ( read original story ...)
Hong Kong Confident Dollar Peg Will Survive U.S.-China Tension
Hong Kong wants to send a clear message to its residents and the world: its currency peg isn’t in doubt, despite the city being increasingly caught up in tensions between Beijing and Washington.Focus ... ( read original story ...)
HSBC’s Top Asia Executive Backs China’s Hong Kong Security Law
HSBC Holdings Plc’s top executive in Asia has come out in support of a controversial national security law drafted by China’s central government for Hong Kong. Stephen Engle reports on "Bloomberg ... ( read original story ...)
ZoomInfo Poised to Raise $935 Million in U.S. IPO
ZoomInfo Technologies Inc., the business-intelligence platform, is set to raise about $935 million in a U.S. initial public offering, pricing its shares above a targeted range, according to people ... ( read original story ...)
HSBC Backs China’s National Security Law for Hong Kong
HSBC, the large U.K.-based bank, has signaled its support for China's controversial national security law aimed at expanding Beijing's control over Hong Kong.Peter Wong, chief executive for the global ... ( read original story ...)
HSBC executive signs petition backing China security law for Hong Kong
HSBC's top executive in Asia has signed a petition backing China’s imposition of a national security law on Hong Kong, an online bank post said on Wednesday, breaking years of political neutrality for ... ( read original story ...)