USD/CAD remains on the back foot near the lowest in 11 weeks. BOC’s Stephen Poloz shows readiness to use available tools if the further monetary stimulus is required to meet inflation targets. WTI ... ( read original story ...)
Hong Kong ‘hard to see’ as finance hub if China takes over: W.House
President Donald Trump is "displeased" with China's proposed crackdown in Hong Kong and has doubts over the territory's future as a global financial center if it goes ahead, the White House said ... ( read original story ...)
Hong Kong Protests May Force Bankers Back to Working From Home
Just weeks after thousands of bank staff returned to their desks in Hong Kong, lenders from HSBC Holdings Plc and UBS Group AG to Citigroup Inc. are warning of transport disruptions that may force ... ( read original story ...)
Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources
Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people ... ( read original story ...)
WuXi AppTec-Backed Canbridge Taps Morgan Stanley for IPO
Canbridge Pharmaceuticals Inc., a Chinese drugmaker backed by WuXi AppTec Co., is working with Morgan Stanley as it starts early preparations for a planned Hong Kong initial public offering, people ... ( read original story ...)
Is Weakness In Winson Holdings Hong Kong Limited (HKG:8421) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
It is hard to get excited after looking at Winson Holdings Hong Kong's (HKG:8421) recent performance, when its ... ( read original story ...)
How Hong Kong coronavirus testing lab plans to help Cathay Pacific, other airlines revive international travel
Prenetics, the firm testing English Premier League footballers, is now turning to the airline industry to help get travellers moving again. An uptick in air travel could give a significant fillip to ... ( read original story ...)
USD/CAD remains heavy below 1.4000 with eyes on BOC’s Poloz
BOC’s Poloz will testify before the Senate Committee on National Finance on 21:00 GMT. USD/CAD drops to the intraday low of 1.3956 amid the initial Asian session on Tuesday. In doing so, the Loonie ... ( read original story ...)
Hong Kong Finance Has a Security Blanket
China’s decision to impose a national security law on Hong Kong has spurred speculation of capital flight and an erosion of the city’s status as an international financial center. As a venue for share ... ( read original story ...)
Hong Kong Dollar Bears Are Going Up Against High Interest Rates
Fears that capital could flee Hong Kong are visible just about everywhere in the currency market, testing the local dollar’s resilience to economic recession. ( read original story ...)
Thanks to mahjong and poker, HSBC’s e-wallet hits new milestone on pandemic-driven surge in online payments
HSBC's digital payment platform PayMe is enjoying a surge in popularity during the coronavirus pandemic, hitting a new milestone since its introduction in 2017, as consumers go online to pay for ... ( read original story ...)
Hong Kong student depicts city’s rising inequality through art
The Google search results for Hong Kong often consist of countless modern skyscrapers and the colourful city lights that never seem to turn off, ever. Engraved in most people’s minds is the very ... ( read original story ...)
Chinese Retail Tycoon’s Wumei Considers Hong Kong IPO
Wumei Holdings Inc., the Chinese retail group that owns one of the country’s biggest supermarket chains, is considering an initial public offering in Hong Kong, people with knowledge about the matter ... ( read original story ...)
Hong Kong shares fall nearly 1% as China’s National People’s Congress continues
China announced a new national security law on Friday, which, if implemented, would give Beijing more control over Hong Kong ... ( read original story ...)