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Tag: Hong Kong

Posted on June 18, 2020

JD.com stock closes 3.5% higher in Hong Kong trading debut

HONG KONG (AP) – Chinese e-commerce firm JD.com’s shares gained 3.5% in its debut in Hong Kong on Thursday, after the firm raised $3.9 billion in a share sale. JD.com’s Hong Kong debut coincided with …

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Posted on June 18, 2020

China Moves Closer To Passing Hong Kong Security Law

China moved closer Thursday to passing a controversial national security law for Hong Kong that has raised international concerns it will end the financial hub’s limited freedoms. A draft was …

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Posted on June 18, 2020

Japan Woos Hong Kong Business as Abe Cools to China

TOKYO—Japan is laying out the welcome mat for Hong Kong-based financiers while China is encouraging them to stay put, adding to the chill between Asia’s two biggest economic powers. Tokyo has …

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Posted on June 18, 2020

The US wants to kill part of an 8,000 mile-long undersea cable linking Hong Kong with LA over China spying fears

A DOJ committee is worried a cable connecting the US with Hong Kong could be vulnerable to hacking by the Chinese government.

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Posted on June 18, 2020

Taiwan to set up office to help people fleeing Hong Kong

TAIPEI (Reuters) – Taiwan said on Thursday it will set up a dedicated office to help those thinking of fleeing Chinese-ruled Hong Kong as Beijing tightens its grip on the former British colony.

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Posted on June 18, 2020

China passes draft of controversial Hong Kong security law

China’s ceremonial legislature has passed a draft of a national security bill for Hong Kong that has been strongly criticized as undermining faith in the semi-autonomous Chinese region’s legal and pol …

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Posted on June 18, 2020

These charts show why Hong Kong is important to China

Hong Kong will likely remain an important gateway between mainland China and the rest of the world even though its economic growth contribution to China has diminished through the years.

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Posted on June 18, 2020

Expect more Chinese tech firms getting listed in Hong Kong, analyst says

More Chinese tech companies or their American depositary receipts (ADRs) are likely to file for listings on the Hong Kong stock exchange amid geopolitical tensions between the U.S. and China, says …

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Posted on June 18, 2020

Chinese Ecommerce Giant JD Soars On Hong Kong Debut

Chinese e-commerce giant JD.com leapt nearly six percent on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world’s second biggest this year.

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Posted on June 18, 2020

Pacific data cable not safe from China if Hong Kong included, says US

Justice department says ‘recent actions’ by China towards its territory indicate landing station could expose US communications to spying …

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