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India

Sumeet Chatterjee

HSBC's Asia chief backs China security law for Hong Kong

9:27pm IST

HONG KONG/LONDON HSBC's top executive in Asia has signed a petition backing China’s imposition of a national security law on Hong Kong, the bank confirmed on Wednesday, breaking years of political neutrality for the UK-based, Asia-focused lender.

HSBC's Asia chief backs China security law for Hong Kong

9:25pm IST

HONG KONG/LONDON HSBC's top executive in Asia has signed a petition backing China’s imposition of a national security law on Hong Kong, the bank confirmed on Wednesday, breaking years of political neutrality for the UK-based, Asia-focused lender.

Some global firms consider moving treasury operations out of HK: sources

6:39pm IST

HONG KONG Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, senior bankers said, in the latest blow to the territory's status as a major financial hub.

Some global firms consider moving treasury operations out of HK - sources

2:39pm IST

HONG KONG Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, senior bankers said, in the latest blow to the territory's status as a major financial hub.

Abu Dhabi's Mubadala in talks on $1 billion stake in Reliance's Jio Platforms: sources

28 May 2020

NEW DELHI/DUBAI/HONG KONG Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate's Jio platforms, three sources told Reuters.

China's rich skirting Hong Kong to seek asset safety elsewhere

28 May 2020

HONG KONG Rich Chinese are expected to park fewer funds in Hong Kong on worries that Beijing's proposed national security law for the city could allow mainland authorities to track and seize their wealth, bankers and other industry sources said.

Hong Kong bankers worry that new laws could lead to capital flight

22 May 2020

HONG KONG China's plan to impose national security legislation in Hong Kong is expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said on Friday.

RPT-Hong Kong bankers worry that new laws could lead to capital flight

22 May 2020

HONG KONG, May 22 China's plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said.

Hong Kong bankers worry that new laws could lead to capital flight

22 May 2020

HONG KONG, May 22 China's plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said.

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