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Tag: Hong Kong

Posted on July 21, 2020

Hong Kong security law: China doubles down on support for city as finance hub as concerns mount over its future

Beijing is expanding existing financial schemes and voicing continued support for Hong Kong’s role as a gateway for international investors into China, amid concerns about the impact of a new …

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Posted on July 21, 2020

Fear of China driving Hong Kong extradition concerns

With Britain the latest country to scrap its extradition treaty with Hong Kong, the focus in the semi-autonomous Chinese territory has returned to the concerns about China’s …

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Posted on July 21, 2020

South Korea’s Naver relocates Hong Kong data centre to Singapore

One of South Korea’s biggest technology companies is abandoning Hong Kong as a base for data storage because of privacy fears. Naver — a Google rival that dominates the South Korean market for web …

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Posted on July 21, 2020

China vows ‘forceful counter-attack’ in escalating row with Britain over Hong Kong

China threatened a “forceful counter-attack” on Tuesday in response to Britain’s announcement that it would suspend its extradition treaty with Hong Kong following Beijing’s introduction of a national …

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Posted on July 21, 2020

Hong Kong Exchanges Soars on Ant’s Dual Listing With Shanghai

Hong Kong Exchanges & Clearing Ltd. surged as much as 6.2%, its biggest jump in 20 months, after billionaire Jack Ma’s Ant Group announced plans to seek a dual listing in Hong Kong and Shanghai, …

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Posted on July 21, 2020

Hong Kong protesters adapt signs, slogans to skirt new law

Supporters of Hong Kong’s protest movement are adapting their methods since China imposed a feared national security law on the city.

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Posted on July 21, 2020

Alibaba’s Ant Group fires starting gun on dual listing in Hong Kong, Shanghai

Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding , said it has started the process of a dual listing in Hong Kong and on Shanghai’s Nasdaq-style Star Market, kicking off …

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Posted on July 21, 2020

UK will ‘bear the consequences’ for Hong Kong decision, China warns

Ambassador to London calls extradition treaty suspension ‘blatant’ interference in Chinese affairs and a contravention of international law …

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Posted on July 21, 2020

Company shuns Wall Street IPO amid US-China tensions

One of China’s biggest tech firms Ant Group announced that it has chosen Hong Kong and Shanghai for its blockbuster IPO, shunning Wall Street where Chinese companies are facing heightened scrutiny …

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Posted on July 21, 2020

Global Banks Look to Taiwan Expansion in Shift Away From Hong Kong

Taiwan’s top financial regulator said global banks are looking to expand on the island after China’s passage of a controversial security law in Hong Kong prompted some firms to rethink their Asian …

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