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Tag: Hong Kong

Posted on June 11, 2020

What you need to know about NetEase, the Chinese tech giant that raised $2.7 billion in Hong Kong

NetEase carried out a secondary listing in Hong Kong with the funds being used in part to accelerate its international expansion. NetEase is a Chinese internet giant but its brand name might not be …

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Posted on June 11, 2020

U.S. looking at various responses to China’s law on Hong Kong: Mnuchin

The Trump administration is looking at various responses to China’s national security law on Hong Kong through the president’s working group on capital markets, U.S. Treasury Secretary Steven Mnuchin …

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Posted on June 11, 2020

Zoom caught in China censorship crossfire as meetings foiled

Video app Zoom has said it regrets that some meetings involving U.S.-based Chinese dissidents were disrupted, as meanwhile a prominent Hong Kong activist said his account was blocked despite the city’ …

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Posted on June 11, 2020

Secondary listing in Hong Kong can be a solution for Chinese ADR companies: JP Morgan

The U.S. Senate has passed a bill targeting Chinese companies listed on American exchanges. Haibin Zhu of J.P. Morgan says its unclear if Beijing and Washington can find a compromise on the draft law.

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Posted on June 11, 2020

Taiwan Scrambles to Ready for Influx From Hong Kong Protests

Nearly 200 Hong Kong people have fled to Taiwan since protests flared last year and about 10% have been granted visas under a law that protects Hong Kong people who are at risk fo …

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Posted on June 11, 2020

Japan conveys ‘deep concern’ over China’s Hong Kong security law

Japan is expressing “deep concern” over China’s decision to impose a national security law in Hong Kong, which would allow Beijing to create its own institutions for security in the city.

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Posted on June 11, 2020

Australia falls more than 2% as Fed signals no rate hikes through 2022; NetEase soars in Hong Kong debut

Stocks in Asia Pacific traded lower Thursday morning after the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022.

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Posted on June 11, 2020

Citi Adds Hong Kong, Singapore Shares on ‘New Business Cycle’

More traditional companies in Hong Kong and Singapore are set to benefit from a “new business cycle” globally as their economies recover from the pandemic, according to Citigroup Inc.’s …

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Posted on June 11, 2020

Asia stocks set to trade lower as Fed signals no rate hikes through 2022; Netease’s Hong Kong debut ahead

Stocks in Asia Pacific were set to trade lower on Thursday after the U.S. Federal Reserve indicated on Wednesday that it would keep interest rates near zero through 2022.

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Posted on June 11, 2020

Cathay stays out of Beijing’s grasp after Hong Kong bailout

When Cathay Pacific and its two largest shareholders suspended trading in their shares this week, Hong Kong’s business community held its breath. Speculation was rife that Beijing-backed Air China was …

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