NYSEARCA:FHK - NYSE Arca - US33737J2400
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Companies from China and other countries that do not comply with accounting standards will be delisted from U.S.
China's Caixin manufacturing purchasing managers index has reached its highest level in nine years as demand begins to recover from an economic slowdown.
The U.K. will "bear the consequences if it insists on going down the wrong road," said a Chinese embassy spokesman after Britain announced it would suspend extraditions and arms sales to Hong Kong due to China's national security law.The news comes as U.S.
Bankers at Credit Suisse (NYSE:CS), HSBC (NYSE:HSBC), Julius Baer (OTCPK:JBAXY) and UBS (NYSE:UBS), among others, are broadening scrutiny under their programs that screen clients for political and government ties, Reuters reports.Global wealth managers are even examining whether their clients in Hong Kong have ties to the city's pro-democracy movement, in an attempt to avoid getting caught in the crosshairs of China’s new national security law.The designation, called politically exposed persons, can make it more difficult or altogether prevent people from accessing banking services, depending on what is found about the person's source of wealth or financial transactions.ETFs: EWH, FHK, FLHK, ZHOK
President Trump says in an ongoing Rose Garden appearance that he's signed the Hong Kong Autonomy Act, an overwhelmingly bipartisan measure that passed Congress unanimously that looks to penalize banks linked to Chinese interference in Hong Kong.
Following in the footsteps of Canada, Australia has suspended its extradition treaty with Hong Kong, as the country moves to offer a path to citizenship for those who wish to leave the city.Australia also updated its travel advisory, warning that China's new "vague" national security law could lead to foreign nationals being arbitrarily detained in Hong Kong.The law is the biggest change in Hong Kong's freedoms and autonomy since Britain handed the territory back to China in 1997 and could endanger the city's appeal as a financial hub.ETFs: EWH, FHK, FLHK, ZHOK
About 370 protesters were arrested in Hong Kong on Wednesday, including ten that were apprehended for breaching the new security law imposed by China."We will not duck our historic responsibilitie
"#BREAKING: A man was arrested for holding a #HKIndependence flag in #CausewayBay, Hong Kong, violating the #NationalSecurityLaw. This is the first arrest made since the law has come into force,&#
China's top legislative body has approved a landmark national security law for Hong Kong on the eve of the 23rd anniversary marking the territory's return to Chinese rule.The new law puts limits on ci
The hedge-funder first became known to the public for successful bets against the housing market prior to that bubble's collapse.He's since become one of the more loud voices against the Chinese Commu
Two of Hong Kong's biggest banks are backing the controversial national security law a week after former Hong Kong chief executive Leung Chun-ying blasted HSBC for its silence.HSBC "respects and s
"This hegemonic act of attempting to interfere in Hong Kong affairs and grossly interfere in China's internal affairs will not frighten the Chinese people and is doomed to fail," according to
"This hegemonic act of attempting to interfere in Hong Kong affairs and grossly interfere in China's internal affairs will not frighten the Chinese people and is doomed to fail," according to
Stocks are cutting losses as headlines leak that a press conference with President Trump (still upcoming) won't include any changes to the phase 1 trade deal with China, nor any additional tariffs. A
China's largely rubber-stamp parliament has passed the controversial national security bill for Hong Kong, a move that raises concerns about the territory's future as a financial center.Currently the
"Any effort to impose national security legislation that does not reflect the will of the people of Hong Kong would be highly destabilizing, and would be met with strong condemnation from the U.S.
Hong Kong has announced $120B Hong Kong dollars ($15.4B) worth of measures to support an economy that’s been dragged down by political unrest and the new coronavirus outbreak.One of the notable featur
Hong Kong has announced $120B Hong Kong dollars ($15.4B) worth of measures to support an economy that’s been dragged down by political unrest and the new coronavirus outbreak.One of the notable featur
"The actual impact of this [coronavirus] epidemic on Hong Kong's economy is quite large, and may be higher than the impact of SARS on the economy in 2003," Financial Secretary Paul Chan wrote
"The actual impact of this [coronavirus] epidemic on Hong Kong's economy is quite large, and may be higher than the impact of SARS on the economy in 2003," Financial Secretary Paul Chan wrote
A hefty dose of back-to-work blues plagued Hong Kong traders today as trading resumed after the Lunar New Year break.The Hang Seng index tumbled 2.8%, its worst opening since 2016, led lower by real e
The Peoples Bank of China plans to lift the daily remittance limit on the transfer of money by individuals from Macau to mainland Chinese accounts to 80K yuan per day from 50K yuan per day, according
Casino stocks could see some volatility as Chinese President Xi Jinping arrives in Macau to mark the 20th anniversary of its handover to China.A slew of supportive policies are expected to be announce
Hundreds of thousands of black-clad protesters thronged the streets of Hong Kong on Sunday, ahead of the six-month anniversary marking anti-government unrest.Authorities gave the green light to Civil
Hong Kong's retail sales in October fell by their steepest on record, sliding 24.3% to HK$30.1B ($3.85B), as ongoing anti-government protests gripped the city.Tourist arrivals also plunged 43.7% from
China has suspended American warship visits and sanctioned NGOs in retaliation for the passage of a U.S. bill backing pro-democracy protesters in Hong Kong.Investors appear to be breathing a sigh of r
China has suspended American warship visits and sanctioned NGOs in retaliation for the passage of a U.S. bill backing pro-democracy protesters in Hong Kong.Investors appear to be breathing a sigh of r
Following another round of record highs on Wednesday, U.S. futures fell back 0.3% and Asian shares declined, as Hong Kong tensions spoiled the festive trading mood.President Trump signed into law Cong
The Hang Seng index rose 1.6% overnight after pro-democracy forces won 86% of the seats on Hong Kong’s local district councils.The pro-government camp only won about 12% of seats versus 65% four years
As political unrest grips the territory, Hong Kong forecast GDP will contract 1.3% in 2019, marking the first annual contraction since the global financial crisis a decade ago.Anti-government proteste
The Hang Seng Index sank another 2% on Wednesday as the five-month-old anti-government movement takes an increasingly violent turn.Gasoline bombs and fires lit up the night at the prominent Chinese Un