Stocks dropped Monday, as investors weighed the Federal Reserve’s move to temporarily suspend shareholder payouts by big banks ahead of a potentially damaging recession. ( read original story ...)
Hong Kong and Shanghai locked in tight race to be 2020’s top IPO venue for Chinese issuers
China geopolitical tension has played into the hands of the Hong Kong stock exchange as an increasing number of US-listed Chinese companies seek backstop listings closer to home. Still, the city faces ... ( read original story ...)
Record number of Chinese property management companies expected to flock to Hong Kong for IPOs this year
More Chinese property management companies are expected to go public in Hong Kong this year, even hit a record high, as the coronavirus has revealed the segment’s importance. ( read original story ...)
Chinese Firms Are Pricing Their U.S. IPOs Above Range
Investors seem to be brushing off the headwinds for Chinese companies looking to list in the U.S. Rising tensions between the U.S. and China as well as the spectacular downfall of a high-profile ... ( read original story ...)
Hong Kong shares slide as pandemic, U.S. sanction pressures weigh
Hong Kong shares ended lower on Friday, after U.S. lawmakers moved closer to sanctioning people and companies they consider China’s accomplices in curbing the city’s autonomy, while new coronavirus ... ( read original story ...)
Kirkland Hong Kong Banking Star Returns to Linklaters in London
Irvine is set to rejoin Linklaters in London after a five-year stint in Kirkland’s Hong Kong debt team. He first joined Linklaters as a banking associate in 2001 and spent seven years with the London ... ( read original story ...)
Asian Shares Rise After US Bank Rule Change
Asian stocks rose on Friday after U.S. regulators eased bank rules that will free up billions of capital. The news helped offset worries about a continued surge in coronavirus cases in the United ... ( read original story ...)
Hong Kong and Shanghai locked in tight race to be 2020’s top IPO venue for Chinese issurers
US-listed Chinese companies’ secondary listings may not be enough to secure Hong Kong’s lead as global IPO hub amid keen competition from Shanghai. ( read original story ...)
Hong Kong shares fall on U.S. sanctions threat, pandemic worries
Hong Kong shares slid on Friday after the U.S. Senate passed a bill to sanction people and companies it considers helping China to restrict the territory’s autonomy, with fresh global outbreaks of ... ( read original story ...)
Asian stocks follow Wall Street higher on bank news
Asian stock markets have followed Wall Street higher after U.S. regulators removed some limits on the ability of banks to make investments ... ( read original story ...)
Dow logs a 300-point gain as banks rally ahead of stress-test results, but rise in coronavirus cases remains a worry
U.S. stocks closed solidly higher Thursday, recovering a chunk of Wednesday’s ugly loss, ahead of a key update of the banking sector from the Federal Reserve. ( read original story ...)
Central bank yuan bill issuance in HK oversubscribed by overseas investors
China's central bank on Tuesday issued 10 billion yuan ($1.41 billion) of bills in Hong Kong with a coupon of 2.21 percent. The issuance was widely welcomed by overseas investors, with banks, central ... ( read original story ...)
Hong Kong real estate fund stumbles as trade war, coronavirus tip Shanghai commercial property into bear market
Even seasoned bankers and real estate investors, honed by past financial markets and health crises, are no match for the calamity brought by the US-China trade war and the coronavirus pandemic. ( read original story ...)
Jetco’s approach to advancing open banking in Hong Kong
As one of the leading financial hubs in the world, Hong Kong is moving at pace to embrace the concept of open banking. Despite COVID-19 derailing momentum—triggered by rising business continuity ... ( read original story ...)