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Tag: Hong Kong

Posted on August 9, 2021

China’s Summer of Stock Market Turbulence: A Timeline

China’s overhaul of tutoring companies ignited a volatile few weeks for stock markets both onshore and in Hong Kong, leaving investors on edge. After steep losses, traders are looking out for what …

( read original story …)



Posted on August 8, 2021

How an Obscure Swim Club Got a Say in Choosing Hong Kong’s Leader

Beijing is making it nearly impossible for the pro-democracy camp to win city elections. One tool: “grass roots” groups loyal to the government.

( read original story …)



Posted on August 8, 2021

ByteDance IPO Highlights Appeal Of Hong Kong Bourse’s Own Shares

One option: buy shares in Hong Kong Exchanges & Clearing, or HKEX, which operates the Hong Kong Stock Exchange. Even before the recent crackdowns, Hong Kong had already been expected to benefit from a …

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Posted on August 8, 2021

ByteDance Eyes H.K. IPO Amid China Tech Crackdown, FT Says

TikTok owner ByteDance Ltd. is reviving plans to list in Hong Kong by early next year even as Chinese authorities widen their crackdown on the country’s technology companies, the Financial Times …

( read original story …)



Posted on August 8, 2021

China Calls on U.S. to Stop Meddling in Hong Kong Affairs

China called on the U.S. to respect Chinese sovereignty and stop interfering in Hong Kong affairs, in a response to President Joe Biden’s move to offer some Hong Kong residents temporary safe haven.

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Posted on August 8, 2021

Hong Kong minister signals path to adopting China anti-sanctions law

Hong Kong’s justice secretary said on Sunday that a mainland Chinese law to counter foreign sanctions could also be adopted in the China-ruled city by writing it into Hong Kong’s mini-constitution, …

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Posted on August 8, 2021

TikTok owner ByteDance aims for Hong Kong IPO by early 2022

ByteDance is planning to list in either the fourth quarter of this year or in early 2022, the FT reported, citing sources familiar with the matter.

( read original story …)



Posted on August 8, 2021

Top Hong Kong virtual banks seek new frontier in second year of operations, eye marriage with wealth management services

ZA Bank, Mox Bank and WeLab Bank, three of Hong Kong’s top virtual banks, are eyeing wealth management and credit products as they step into their second year of operations.

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Posted on August 8, 2021

China’s ByteDance aims for Hong Kong IPO despite tech crackdown

ByteDance, the owner of short-video app TikTok, has revived a plan to go public despite a widening regulatory assault targeting Chinese technology companies, aiming for a Hong Kon …

( read original story …)



Posted on August 8, 2021

China’s ByteDance Revives H.K. IPO Plan Amid Tech Crackdown: FT

TikTok owner ByteDance Ltd. is reviving plans to list in Hong Kong by early next year even as Chinese authorities widen their crackdown on technology companies, the Financial Times reported.

( read original story …)



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