HONG KONG — Growing protests in the Asian financial center of Hong Kong are weighing on the neighboring Chinese territory of Macau as some visitors steer clear of the world’s biggest gambling ... ( read original story ...)
More Hong Kong companies say business impacted by mass protests
“The protests in Hong Kong have had some effect on retail sales at our malls, particularly at Pacific Place. If the protests continue, sales are likely to continue to be affected,” Michelle Low, Swire ... ( read original story ...)
China warns Hong Kong protesters not to ‘play with fire’
Hong Kong has suffered weeks of sometimes violent ... swelled into a broader backlash against the government of the Asian financial hub and its political masters in Beijing. ... ( read original story ...)
More protests planned in Hong Kong as U.S., Australia raise travel warnings
The protests in the Asian financial hub began with opposition ... sending wrong signals to the “violent separatists” in Hong Kong. WATCH: Hong Kong protests intensify over 24 hours The ... ( read original story ...)
Alibaba Entrepreneurs Fund and HSBC present JUMPSTARTER 2020
2019 /PRNewswire/ -- Alibaba Hong Kong Entrepreneurs Fund, a non-profit initiative launched by Alibaba Group, announced today that HSBC will be the title sponsor of the third edition of its start ... ( read original story ...)
Hong Kong’s finance chief says record currency reserves give it enough fire power to ward off any attack on currency, recession possible
Photo: Felix Wong Hong Kong’s Financial Secretary Paul Chan Mo-po on Wednesday noted that any attack on its currency could be dealt with adequately given its strong banking system and record currency ... ( read original story ...)
Hong Kong Eyes New Phase of Open API Project
The Hong Kong Monetary Authority is set to launch the second phase of its Open API project. Separately, digital banking in Europe eyes corporate clients, and cloud banking gets an FI adherent. Open ... ( read original story ...)
UPDATE 1-Hong Kong says dollar peg working well, economy ‘challenging’
“We are confident, whether in our banking or monetary system, we can deal with potential volatility.” While yuan weakness could increase Chinese exports and benefit Hong Kong, a re-export hub, it ... ( read original story ...)
Is It Time To Consider Buying BOC Hong Kong (Holdings) Limited (HKG:2388)?
BOC Hong Kong (Holdings) Limited (HKG:2388) received a lot of attention from a substantial price movement on the SEHK over the last few months, increasing to HK$35.85 at one point, and dropping to ... ( read original story ...)
Hong Kong students conned out of HK$10.6 million in phone scams, but extradition bill protests put police on edge about warning them of threat
... online banking username and password of her bank account as instructed by the swindler to prove her innocence,” a police spokesman said. Filipino, South Korean first foreigners arrested in Hong ... ( read original story ...)
Singapore Retail Banking Survey: 65% of Singapore Customers Interested in Digital Banking
Any traditional bank may, of course, launch a banking app and provide the panopoly of financial services available. Singapore, a leading Asian Fintech Hub, is a bit behind Hong Kong when it comes to ... ( read original story ...)
China’s central bank to sell yuan bills in Hong Kong
HONG KONG/SHANGHAI (Reuters) - The People’s Bank of China will sell 30 billion yuan ($4.26 billion) of offshore yuan-denominated bills in Hong Kong on August 14, it said on Tuesday. The PBOC is ... ( read original story ...)
Hong Kong’s Richest Lose $19 Billion as Protests Batter Stocks
(Bloomberg) -- Hong Kong’s wealthiest people are starting to feel the pain from nine weeks of protests that have jammed the financial hub’s streets, weighed on economic growth and battered ... ( read original story ...)
Hong Kong Leader Warns of ‘Ruin’ as Strike Snarls City, Airport
(Bloomberg) -- Hong Kong leader Carrie Lam warned of a “very dangerous situation” as protesters moved to shut down the Asian financial hub with a general strike on Monday after a ninth straight ... ( read original story ...)