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.
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.
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.
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.
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
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 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, 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.