Sunday, January 24, 2021
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Tag: Hong Kong

Banking

PBOC Issues 30 Billion Yuan in Central Bank Bills on 13 August via Hong Kong

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The People's Bank of China (PBOC) is­sued 30 bil­lion yuan in renminbi-denominated cen­tral bank bills on 13 August via auction in Hong...
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Fintech

UnionPay International Teams up with Hong Kong Digital Bank to Issue Virtual Debit Card

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The Hong Kong subsidiary of Chinese payments giant China UnionPay has teamed up with local digital lender Livi Bank to launch a...
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Finance

China’s IPO Market Maintains Robust Growth in First Half of 2020 Despite COVID-19: EY

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A new report from Ernst & Young (EY) points to continued robust growth in China's A-share IPO's in the first half of...
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Banking

Japanese PM Shinzo Abe Offers Refuge to Hong Kong’s Financial Professionals

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Japanese Prime Minister Shinzo Abe has said that Japan is willing to provide refuge to members of Hong Kong's financial sector in...
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Finance

Is China’s National Security Law the Nail in the Coffin for Hong Kong as Global Financial Hub?

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China's recent mooting of a national security law in response to more than a year of intense civil unrest in Hong Kong...
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Finance

Hong Kong’s Status as International Financial Centre Will Not Weaken or Waver: China’s Banking Regulator

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China's banking regulator has sought to reassure market opinion about the enduring status of Hong Kong as an international financial centre following...
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Economy

HSBC and Standard Chartered Announce Support for China’s National Security Law, Incur Wrath of UK Politicians

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Two leading British banks with operations in Hong Kong have announced their support for the highly controversial National Security Law mooted by...
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Banking

Bohai Bank Will Pursue Approval for Hong Kong IPO This Week

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China Bohai Bank will pursue approval for its listing on the Hong Kong Stock Exchange (HKSE) this week according to local media...
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Economy

Trump’s Cancellation of Hong Kong’s Special Customs Status Will Have Minimal Economic Impact: Nicholas Lardy

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A leading US expert on the Chinese economy says that the Trump administration's threat to annul the special customs status of Hong...
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Economy

EU’s Top Diplomat Says Hong Kong Concerns Will not Impede Investment Ties with China

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The foreign policy chief for the European Union (EU) has flagged the maintenance of ongoing commercial ties with China despite concerns over...
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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

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China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...
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China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Economy CBNEditor - 0
Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...
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Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

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The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...
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Pinduoduo Owner Applies for Payments Trademark

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A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.
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