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Tag: Hong Kong

Posted on November 12, 2024

What could Trump’s return, and his tariffs, actually mean for China?

this may turn out to be better for China,” Chen Zhiwu, the top finance professor at the University of Hong Kong and a former professor at Yale University, told CBS News. Chen said if Trump does follow …
Posted on November 1, 2024

China’s watching the US election – but doesn’t see much hope for better ties

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — The winner of the US …
Posted on October 24, 2024

China property developer Jiayuan to be delisted on Oct 29

Chinese property developer Jiayuan International said the Hong Kong stock exchange has decided its shares will be delisted on Oct. 29 after the company did not meet guidelines for the shares to resume …

( read original story …)



Posted on October 24, 2024

HK IPO Swells China Software Tycoon’s Fortune to Near $1 Billion

Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
Posted on October 22, 2024

HSBC splits bank amid growing tensions between China and the West

HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong.New chief executive Georges Elhedery,
Posted on October 22, 2024

HSBC splits bank amid growing tensions between China and the West

HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong.New chief executive Georges Elhedery,
Posted on October 21, 2024

CITIC to sell stake in McDonald’s China, HK operations for $430.3 mln

China’s state-owned CITIC Ltd has agreed to sell its 19.23% stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for $430.3 million, fully exiting the business.
Posted on October 21, 2024

CITIC to sell stake in McDonald’s China, Hong Kong business for $430.3 mln

China’s state-owned CITIC Ltd has agreed to sell its 19.23% stake in Fast Food Holdings, the company behind McDonald’s China and Hong Kong operations, to Trustar Fast Food Holdings for $430.3 million.
Posted on October 14, 2024

China Market Update: What The Media Got Wrong About The MoF Press Conference

Asian equities were largely higher despite a stronger US dollar overnight, except for Hong Kong, which was off while Japan was closed for National Sports Day, which aims to foster healthy minds and bodies through physical activity,
Posted on October 10, 2024

Hong Kong stocks rebound on PBOC’s US$70 billion finance facility, fiscal stimulus hopes

The Chinese central bank’s liquidity boosting tool sparks a 2.5 per cent surge in Hong Kong’s Hang Seng Index.

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