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 ...)
HSBC backs China’s national security law on Hong Kong
Pacific Chief Executive Peter Wong on Wednesday signed on to a petition announcing support of a controversial national security law on Hong Kong that has recently been approved by China’s legislature. ( read original story ...)
Hong Kong Can Get U.S. Dollars From China If Needed, Chan Says
China’s central bank can provide U.S. dollars to back Hong Kong’s currency peg should the Trump administration impose sanctions on the territory, according to the city’s financial chief. ( read original story ...)
Warner Music Delays IPO Pricing for Blackout Tuesday
Warner Music Group Inc. delayed the pricing of its initial public offering until Wednesday to avoid the shares being sold on a day the music industry set aside to support protests against police ... ( read original story ...)
Beijing’s bullying of Hong Kong is a big threat to Britain’s biggest bank
If there were a geopolitical seismometer in the boardroom of HSBC, the needle would be thrashing around like bamboo in a typhoon. The tremors have been coming thick and fast in the past few days for ... ( read original story ...)
NetEase Seeks Up to $2.8 Billion in Hong Kong Stock Offering
NetEase Inc. has started taking investor orders for a listing in Hong Kong that could raise as much as $2.8 billion, which could be the world’s second-largest initial share sale this year. ( read original story ...)
Hong Kong security law: China weighs risk US will go for ‘nuclear option’ and cut Beijing from the dollar payment system
Beijing is weighing the risk of US financial sanctions, including being cut off from the dollar payment system, after pushing ahead with the Hong Kong security law. ( read original story ...)
Hong Kong to keep US dollar peg, capital flows amid US sanctions
Hong Kong will keep pegging its currency to the U.S. dollar and not impose foreign exchange controls even after the United States ... ( read original story ...)
IPO Launch: UCloudlink Finalizes U.S. IPO Plan
UCloudlink (UCL) has filed to raise $50 million in an IPO of its ADSs representing underlying Class A shares, per an amended registration statement. The company provides mobile data sharing options to ... ( read original story ...)
PAG-Backed Youran Seeks $300 Million in Pre-IPO Funding
China Youran Dairy Holding Ltd. is working with advisers to raise between $300 million and $400 million in a new funding round before its potential initial public offering, according to people ... ( read original story ...)