With geopolitics making overseas use of the yuan more common, a professor has said the time is now for Hong Kong to have a greater role in the currency’s offshore settlement.
Exclusive: Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs
Semiconductors and other restricted goods shipped through China and Hong Kong to fuel Russia’s war effort fell by a fifth this year previously undisclosed U.S. Commerce Department data shows, but Hong …
Hong Kong Employees at China Financial Firms Face Pay Clawbacks
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s “common prosperity” campaign to the offshore …
Chinese finance firms ask Hong Kong staff to pay back part of their bonuses
Some of China’s largest state-backed financial firms are asking employees in Hong Kong to return a portion of their pay, extending President Xi Jinping’s ‘common prosperity’ campaign to the offshore …
Goldman Sachs names India investment banking co-chiefs, Hong Kong coverage head
Goldman Sachs has appointed Sudarshan Ramakrishnan and Devarajan Nambakam as co-heads of investment banking in India, the latest Wall Street bank to bolster its leadership amid a rise in dealmaking …
China Market Update: Mainland Flat On Trade Surplus, Real Estate Rocks Before Plenum, Week In Review
The growth factor outpaced the value factor significantly in Hong Kong and somewhat in Mainland China. This is because internet stocks had a great day despite some analysts cutting their targets for …
China rejects key Western calls for human-rights reforms at U.N. meeting
China on Thursday rejected Western-led recommendations for human-rights reforms including calls for greater freedoms in Hong Kong and for Uyghurs in Xinjiang, but accepted others from allies, as it sought to defend its record at a U.
China property firms jump after big developers show smaller sales drop
Shares in Hong Kong-listed Chinese property companies surged on Tuesday, after private data showed yearly sales declines for major Chinese property developers continued to narrow in June. The Hang …
China to Double Duty-Free Limit for Visitors to Hong Kong, Macau
Chinese visitors will be allowed up to 15,000 yuan ($2,064) of duty-free shopping in Hong Kong and Macau starting next week, around twice the current limit, as authorities try to help the cities still …
China Market Update: Open AI’s Loss Is China AI’s Gain, Hong Kong Buyback Bonanza, Beijing Lifts Home Buying Restrictions
Asian equities had a positive day on light volumes, as yesterday’s rally by Nvidia sent growth/semiconductor stocks higher in the region.