Asian equities had a strong night led higher by Mainland China, Hong Kong, and Japan while Taiwan underperformed.
Hong Kong court adjourns China developer Shimao’s liquidation petition
Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time to work with …
FirstFT: China’s finance sector crackdown reaches Hong Kong
Also in today’s newsletter, EU prepares trade plan to tackle Donald Trump, and McDonald’s suffers first global sales drop since 2020 …
As mainland China broadens yuan’s global appeal, Hong Kong may play larger role
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.