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Tag: Hong Kong

Posted on June 19, 2023

HKMA’s global financial summit, BIS conference to bring hundreds of bankers to Hong Kong in November

Nearly 300 top global banking and finance executives and scores of central bankers will descend on Hong Kong in November for two conferences hosted by the Hong Kong Monetary Authority (HKMA). The city …
Posted on June 19, 2023

Asia markets set for mixed open as Japan continues hitting 33-year highs

Australian and Japanese markets look to rise, but Hong Kong markets are set to fall as markets open on Monday.
Posted on June 18, 2023

AstraZeneca drafts plan to spin off China business amid tensions

AstraZeneca has drawn up plans to break out its China business and list it separately in Hong Kong as a way to shelter the company against mounting geopolitical tensions.
Posted on June 18, 2023

AstraZeneca drafts plan to spin off China business amid tensions

AstraZeneca has drawn up plans to break out its China business and list it separately in Hong Kong as a way to shelter the company against mounting geopolitical tensions.
Posted on June 18, 2023

AstraZeneca Planning China Business Spin off -FT

Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial Times reported on Sunday. “A separation …
Posted on June 18, 2023

AstraZeneca Planning China Business Spin off -FT

Drugmaker AstraZeneca is drafting a plan to spin off its China business, and listing a separate unit in Hong Kong is being viewed as an option, the Financial Times reported on Sunday. “A separation …
Posted on June 18, 2023

Hong Kong-listed stocks are about to be priced in yuan, giving China’s currency another boost

Two dozen stocks, including Alibaba and Tencent, will be priced and traded in the yuan and the Hong Kong dollar on Monday.
Posted on June 18, 2023

Why Hong Kong can’t afford to keep its currency pegged to the US dollar

“Hong Kong’s currency peg to the dollar is not sustainable. The city risks being increasingly led by US monetary policy,” independent economist Andy Xie wrote last month. “As global yuan demand grows, …
Posted on June 18, 2023

Hong Kong-listed stocks are about to be priced in yuan, giving China’s currency another boost

Two dozen stocks, including Alibaba and Tencent, will be priced and traded in the yuan and the Hong Kong dollar on Monday.
Posted on June 18, 2023

Blockchain-based securities are emerging in Hong Kong, further expanding distributed ledgers in local financial markets

according to the Hong Kong Monetary Authority (HKMA). While public blockchains can enhance shareholder confidence by offering greater transparency, they do not enforce privacy features required for …

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