Australian and Japanese markets look to rise, but Hong Kong markets are set to fall as markets open on Monday.
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.
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.
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 …
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 …
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.
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, …
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.
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 …
Hong Kong stock exchange operator will help city become ‘world’s leading green finance centre’, says Financial Secretary Paul Chan
Bourse operator Hong Kong Exchanges and Clearing (HKEX) will continue to develop products and services to help the city become ‘the world’s leading green technology and green finance centre’ and an …