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Tag: Hong Kong

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

Hong Kong crackdown on protests

A group of Hong Kong protesters who occupied parliament during last year’s demonstrations are facing ten years in jail after charges were upgraded from trespass to rioting.The decision came as …

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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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Posted on June 11, 2020

Hong Kong OKs $5 billion bailout for Cathay Pacific Airways

Financially battered Hong Kong airline Cathay Pacific Airways has become the latest airline to resort to government support to survive the coronavirus pandemic. The Hong Kong government on Tuesday app …

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Posted on June 10, 2020

HSBC, Standard Chartered criticized by top investor over support for China’s Hong Kong security law

A major shareholder in both HSBC and Standard Chartered has hit out at the banks over their support for China’s controversial new national security law in Hong Kong.

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Posted on June 10, 2020

Aviva Investors rebukes HSBC, Standard Chartered over decision to support Hong Kong national security law

Aviva Investors publicly rebuked HSBC and Standard Chartered on Wednesday over their support of the controversial national security law for Hong Kong, saying it was “uneasy” with the decision.The asse …

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Posted on June 10, 2020

Mike Pompeo criticises HSBC for backing Hong Kong security law

Mr Pompeo said the Chinese Communist Party’s (CCP) “browbeating” of HSBC “should serve as a cautionary tale”. He said that last week’s signing of a petition supporting the new leg …

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Posted on June 10, 2020

UK must be able to raise Hong Kong, COVID issues with China, says Johnson

British Prime Minister Boris Johnson said on Wednesday that Britain must able to speak out about “serious concerns” about the origins of COVID-19, Hong Kong and the country’s critical national …

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Posted on June 10, 2020

Fearing Arrest for Pro-democracy Activity in Hong Kong, Protestor Flees to Taiwan

As Beijing tightens control over Hong Kong, some Hong Kong residents who participated in months of pro-democracy protests are opting to self-exile to avoid being charged with the vaguely defined …

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