Hong Kong banks expect more Hongkongers to seek out property in the Greater Bay Area development zone, and at least six of these now offer mortgages for such purchases. ( read original story …)
Tagged By banking
National security law: China won’t be ‘threatened’ but is braced for US financial sanctions, Beijing official says
China is braced for possible financial sanctions from the United States over the Hong Kong national security law, but still hopes to ease tensions with Washington, according to a source close to China … (…
‘They can never take away our beliefs’: Beijing’s endgame to quash HK dissent
“They can take away our freedom, but they can never take away our beliefs,” Rebecca Louise Nunan wrote from her jail cell. ( read original story …)
Hong Kong security law: China doubles down on support for city as finance hub as concerns mount over its future
China is expanding financial schemes in Hong Kong to cement its status as a commercial gateway amid concerns about the impact of the new national security law. ( read original story …)
Hong Kong as financial hub eroding before our eyes: China expert
CNBC’s Kelly Evans discusses the crackdown in Hong Kong amid China’s new national security law with Michael Schuman, author of “Superpower Interrupted: The Chinese History of the World.” … ( read original story …)
Genworth CEO assures investors that China Oceanwide has ways to complete $2.7 billion deal
The top executive with Henrico County-based Genworth Financial Inc. assured analysts and investors on Thursday that the insurance giant’s planned acquisition by China Oceanwide Holdings Group Co. Ltd. ( read original story …)
Trade Finance Market Size, Rising Impact of COVID-19, Product Scope, 2020 Demand and Sales Analysis to 2025
Changsha, China, HongChun Research : Niche Report Study on “Global Trade Finance Market 2020” Highlights on Different Features of the Market with a Specific Spotlight type, application, competitive … ( read original story …)
China’s factory activity quickens, but pandemic drags on exporters and recovery
China’s factory activity expanded at a stronger pace in June after the government lifted lockdowns and stepped up investment, but persistent weakness in export orders suggests the coronavirus crisis … ( read original story …)
No Politics, Please! HK Finance Professionals Impose Self-Censorship After Security Law
A year ago, growing anti-government demonstrations in Hong Kong were a hot topic in conversations among bankers, lawyers and other investment professionals in one of the world’s biggest and freest … ( read original story…
Global event launched to solicit opinions on climate investment and finance
A global event was launched on July 2 in Beijing to collect new ideas from around the world to address challenges in climate investment and finance. T Investment and Fin … ( read original story…
China’s Central Bank Is Signaling a Slower Pace of Easing
China’s central bank is slowing down the pace of monetary easing amid signs of economic recovery, handing disappointment to investors who have worried about tightening liquidity and rising bond yields … ( read original story…
China Imports Stuck at India Ports Show Standoff Casualties
Imports from China have been piling up at Indian ports pending government clearances, causing concern that a recent border standoff between the two nations could have an economic fallout that will … ( read original…
China’s factory activity expands, but job losses quicken amid weak exports: Caixin PMI
China’s factory activity grew at a faster clip in June after the government lifted coronavirus lockdown measures and ramped up support steps, but the health crisis continues to pressure exports and … ( read original…
