Indexes in Japan and Australia led regional gains on Monday, with a nearly 1.5% increase. South Korea’s Kospi Composite advanced more than 0.5%. ( read original story ...)
More Chaos Expected For Hong Kong Stock Market
Among the actives, Sino Land plummeted 10.30 percent, while New World Development plunged 9.80 percent, AIA Group tanked 9.41 percent, BOC Hong Kong cratered 7.80 percent, AAC Technologies surrendered ... ( read original story ...)
Hong Kong’s IPO Momentum Is Now Clouded by Political Turmoil
Hong Kong’s stock exchange was having a good week until Beijing crashed the party. Seen as one of the potential big winners from a bill last week by the U.S. Senate to limit listings of Chinese ... ( read original story ...)
Hong Kong No Longer Among World’s Top Three IPO Venues
Hong Kong is not part of the top three listing venues globally for the first time in six years, as a slow start to 2020 has weighed on initial public offering activity. ( read original story ...)
Will investors cool on Hong Kong as China takes closer control?
The most unsettling aspect of Friday’s 5.6 per cent plunge in Hong Kong’s Hang Seng index was not its scale or its suddenness but its implications for the coming days and weeks. The drop — the ... ( read original story ...)
Hong Kong Law Will Help Restore Confidence, Finance Chief Says
China’s proposed national security legislation will help quell concerns about political unrest in Hong Kong, the main threat to confidence in the city’s financial sector, according to Financial ... ( read original story ...)
China’s Security Law Marks the End of Subtlety in Hong Kong
The law will extend to Hong Kong the legal system and security regulations that prevail elsewhere in China. The Hong Kong announcement upended the expectations of many China watchers who expected a ... ( read original story ...)
Covid-19, less deadly than Sars, takes a heavier toll on Hong Kong’s financial markets and economy than the 2003 outbreak
For half a century, Albert Fong Leung-fai has withstood the varying widths of men's suit lapels, survived Hong Kong's journey from British rule to Chinese sovereignty, and weathered the city's ... ( read original story ...)
Bruised Businesses Try to Divine Hong Kong’s Fate Under National-Security Law
Markets faltered and businesses braced for more instability as China set out plans for national-security laws to tighten its control over Hong Kong, piling stress on the global finance hub already ... ( read original story ...)
City Braces for Rallies; Police Issue Warning: Hong Kong Update
Hong Kong police warned protesters against unauthorized marches against China’s plans to impose a sweeping national security law, as the measure drew criticism from the U.S., the U.K. and other ... ( read original story ...)
How growing tensions between Hong Kong, U.S. and China impact markets
Ian Bremmer, Eurasia Group, joins 'Closing Bell' to discuss the ongoing tensions between Hong Kong, U.S. and China and how it could play into the markets. ( read original story ...)
Hang Seng Index falls furthest in five years, with banks and builders leading losses, as Beijing moves to tighten grip on city
The Hang Seng Index capped the biggest decline in almost five years as China’s legislature is set to vote on a security law that will increase Beijing’s control over Hong Kong ... ( read original story ...)
Coronavirus: Hong Kong lawmakers fail to decide on bailout for Ocean Park after concerns raised over HK$3 billion owed to bank
Members of Finance Committee ask why public should foot bill for loan from local arm of Bank of China. Park’s deputy chairman denies any conflict of interest after legislator points out board director ... ( read original story ...)
U.K. Banks Exposed to Hong Kong Fall Amid Political Turmoil
U.K.-listed banks with heavy exposure to Hong Kong slipped as China’s attempt to tighten its grip on the city fueled a political backlash. ( read original story ...)