HSBC and Standard Chartered banks gave their backing to China’s imposition of a national security law on Hong Kong on Wednesday in a break from their usual policy of political neutrality. HSBC’s …
Johnson Says China’s Actions in Hong Kong Risk Eroding Sino-UK Agreement
Britain’s Prime Minister Boris Johnson speaks during a daily briefing to update on the coronavirus disease (COVID-19) outbreak, at 10 Downing Street in London, Britain June 3, 2020. Andrew Parsons/10 …
Why China May Call the World’s Bluff on Hong Kong
The U.S. looks weak. Business is falling in line. Protests have been muted. For Beijing, the damage to the city and its own reputation from seizing greater control may be worth it.
HSBC Throws Support Behind China on Hong Kong Security Law
A top HSBC executive signed a petition supporting China’s move to impose security legislation on Hong Kong, putting the bank squarely on the side of Beijing in the fight over the future of the …
U.K.’s Boris Johnson tells China that Britain will admit 3 Million from Hong Kong
“Many people in Hong Kong fear that their way of life — which China pledged to uphold — is under threat,” Johnson said.
Trump bans flights from China to U.S. amid tensions over coronavirus, Hong Kong
The Trump administration ordered a suspension of flights on Wednesday from China to the United States as tensions escalate between the two countries over the coronavirus and Hong Kong. The order, …
Britain will not walk away from Hong Kong, Johnson says
Britain will not walk away from the people of Hong Kong if China imposes a national security law that would conflict with its international obligations under a 1984 accord, Prime Minister Boris …
Trump-Xi Standoff Over Hong Kong Puts Trade Deal in Spotlight
As China awaits U.S. sanctions for cracking down on Hong Kong, recent murmurs in the agriculture markets have increased worries that a trade deal between the world’s two biggest economies could …
Hong Kong Tycoon Li’s Telecom Firm Weighs $1 Billion Unit Sale
A Hong Kong telecommunications firm controlled by tycoon Richard Li is considering options including a sale of its international enterprise unit, PCCW Global, according to people familiar with the …
Some global firms consider moving treasury operations out of Hong Kong – sources
Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city’s privileges, senior bankers said, in the latest blow to …