Investors taking a sustainable approach to capital allocation may be re-evaluating putting their money in Hong Kong after the city implemented a national security law, an analyst said on Friday. “That is the area of international capital flows that could be quite significant,” said Andrew Collier, managing director of Orient …
Read More »Fitch downgraded the record number of sovereign ratings due to coronavirus
Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year, and the agency is not yet done as the coronavirus pandemic affects government finances. James McCormack, global head of sovereign ratings at Fitch, said the agency has placed the credit ratings of 40 countries …
Read More »Taiwan criticizes Hong Kong’s national security law, opens office to help
Chen Ming-tong (L), Minister of the Council for Continental Affairs of Taiwan (MAC) and Katharine Chang, President of the Council for Economic and Cultural Cooperation of Taiwan-Hong Kong, unveil a poster during a launch ceremony of the Exchange Office of Taiwan-Hong Kong and Services in Taipei on July 1, 2020. …
Read More »“There’s no point” excluding Chinese companies from US stock markets, says PIIE
Flags of the USA and China along Pennsylvania Avenue in Washington, DC on January 17, 2011. Andrew Harrer | Bloomberg | fake pictures The exclusion of Chinese companies from the US stock exchanges is “a futile push” that will not deny these companies access to US capital markets or harm …
Read More »IPOs in Hong Kong and Shanghai jump amid pandemic and tensions
The Hong Kong Exchange Building. Vincent Isore | IP3 | fake pictures Initial public offerings (IPOs) in Greater China increased in the first half of this year, offsetting declines seen elsewhere due to the impact of the coronavirus pandemic. In the first six months, listings in Greater China increased by …
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