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United Kingdom

Alun John

UPDATE 2-Bank of East Asia warns of protest impact on HK SMEs as H1 profit dives

21 Aug 2019

HONG KONG, Aug 21 Further protests in Hong Kong could hit the city's economy, especially the small and medium enterprises (SMEs), Bank of East Asia warned on Wednesday, after reporting a 75% plunge in its first-half net profit due to loan writedowns in mainland China.

Goldman moves to take majority control of China joint venture

21 Aug 2019

HONG KONG Goldman Sachs has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control.

Morgan Stanley buys 2% needed for control of China securities JV

02 Aug 2019

HONG KONG/BEIJING Morgan Stanley moved closer to taking a controlling stake in its Chinese securities joint venture (JV) after picking up a 2% share for $54 million, exchange filings show.

StanChart warns of trade war, rate risks after profit tops estimates

01 Aug 2019

HONG KONG/LONDON Standard Chartered PLC flagged the tit-for-tat tariff war between China and the United States and an easing monetary policy cycle as potential risks for the Asia-focused lender, even as it managed to exceed first-half profit estimates.

Thousands in pro-police rally as Hong Kong braces for another mass protest

20 Jul 2019

HONG KONG Tens of thousands gathered in Hong Kong on Saturday to voice support for the police and call for an end to violence, after a wave of protests against an extradition bill triggered clashes between police and activists and plunged the city into crisis. | Video

Former JPMorgan senior banker pleads not guilty to HK bribery charges

18 Jul 2019

HONG KONG A former JPMorgan Asia investment banking vice-chair, Catherine Leung, pleaded not guilty to charges of bribery in a Hong Kong court on Thursday.

Hong Kong, Chinese regulators agree deal on accessing Chinese audit papers

03 Jul 2019

HONG KONG Hong Kong's securities regulator will be able to see audit working papers when investigating mainland China-based companies, after it signed an agreement with Chinese authorities on Wednesday.

Hong Kong, Chinese regulators agree deal on accessing Chinese audit papers

03 Jul 2019

HONG KONG, July 3 Hong Kong's securities regulator will be able to see audit working papers when investigating mainland China-based companies, after it signed an agreement with Chinese authorities on Wednesday.

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