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Most U.S. firms in Hong Kong are concerned about new security law — but few plan to leave, survey shows
CNBC – For more and to sign up click here A barge displays the words ‘Celebrate national security law’ on Victoria Harbour on July 1, 2020 in Hong Kong. Anthony Kwan | Getty Images A large majority of American companies in Hong Kong said they were concerned about the new......
Most U.S. firms in Hong Kong are concerned about new security law — but few plan to leave, survey shows
CNBC – For more and to sign up click here A barge displays the words ‘Celebrate national security law’ on Victoria Harbour on July 1, 2020 in Hong Kong. Anthony Kwan | Getty Images A large majority of American companies in Hong Kong said they were concerned about the new......
China is stepping into global leadership vacuum as U.S. struggles with coronavirus, says Kevin Rudd
CNBC – For more and to sign up click here The global leadership vacuum during the coronavirus crisis is an “open door” for China to walk through, said Kevin Rudd, president of the Asia Society Policy Institute. The former Australian prime minister said the U.S. has presented an opportunity for Beijing......
Property developers rush to attract Hong Kong residents amid uncertainty over new law
An event held in Hong Kong for investors interested in U.K. property. Uptin Saiidi | CNBC A lot of the wealthy, wealthy Hong Kongers already have a footprint in the U.K. and they’ve already started some of that displacement of capital or diversification of capital outside of Hong Kong James......
Op-ed: Merkel faces a historic test of leadership that will shape Europe’s future after coronavirus
CNBC – For more and to sign up click here History rarely provides major countries and their leaders the enormity of the second chance that Germany and Chancellor Angela Merkel now enjoy as they begin their six-month European Union presidency. For Germany, the drama is one of epic dimensions. Can......
Luxury brands turn from Hong Kong to mainland Chinese consumers still eager to shop
CNBC – For more and to sign up click here Zhang Peng | LightRocket | Getty Images Despite the economic shock of the coronavirus, analysts say China’s demand for luxury goods hasn’t waned much – and it’s drawing top brands from Hong Kong to the mainland. Consulting firm Bain estimated Chinese......
Australian government advises citizens not to travel to Hong Kong due to national security law
CNBC – For more and to sign up click here People wearing face masks as a precautionary measure against the spread of the Covid-19 novel coronavirus, walk down a street decorated with Chinese lanterns in Hong Kong on February 29, 2020. VIVEK PRAKASH The Australian government has advised its citizens......
China’s jobs problem runs deeper than the coronavirus
CNBC – For more and to sign up click here White-collars walk to their lunch break in Pudong business district in Shanghai, China. Lucas Schifres | Getty Images BEIJING – As China grapples with rising unemployment and slowing growth, some say a needed economic boost could come from new business......
China’s biggest chipmaker is up over 200% this year as it begins $6.6 billion share sale
CNBC – For more and to sign up click here Semiconductor supplies to Huawei have been targeted by Washington as part of the broader U.S.-China trade war. Fuse | Getty Images SMIC, China’s biggest chipmaker, kicked off a major 46.28 billion yuan ($6.6 billion) share sale on Tuesday. That was......
Hong Kong details new powers under controversial China national security law
CNBC – For more and to sign up click here Pedestrians walks past a government-sponsored advertisement promoting a new national security law on June 30, 2020 in Hong Kong, China. Billy H.C. Kwok | Getty Images Hong Kong released additional details of China’s new national security law for the former......
As China tightens its grip on Hong Kong, it’s also paving the way for money to flow into the city
CNBC – For more and to sign up click here Pedestrians ride an escalator near a Government National Security Law poster in a MTR Corp. train station in the Wan Chai district in Hong Kong, China, on Thursday, July 2, 2020. Ivan Abreu | Bloomberg | Getty Images China is......
Three reasons why India cannot immediately disengage from China, despite geopolitical tensions
CNBC – For more and to sign up click here A person holds up a poster calling for the boycott of Chinese mobile apps during a protest on June 30, 2020 in New Delhi, India. Vipin Kumar | Hindustan Times | Getty Images A border clash with China in the......
Hong Kong national security law may spook socially conscious investors, sparking outflows
CNBC – For more and to sign up click here Investors who take a sustainable approach to allocating capital may be reevaluating putting their money into Hong Kong after the city implemented a national security law, an analyst said on Friday. “That’s the one area of international capital flows that......
European markets fall as virus concerns quell optimism over upbeat data
CNBC – For more and to sign up click here European stocks retreated on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 fell 0.6% by late morning,......
Think tank explains why it’s ‘pointless’ to delist Chinese companies from U.S. stock markets
CNBC – For more and to sign up click here U.S. and China flags along Pennsylvania Avenue in Washington, D.C. on Jan. 17, 2011. Andrew Harrer | Bloomberg | Getty Images Delisting Chinese companies from U.S. stock exchanges is “a pointless drive” that will neither deny those firms access to......
Forget summer: These luxury cabins are right for autumn getaways
CNBC – For more and to sign up click here From self-guided fall foliage tours to weekends at the lake, booking a secluded cabin is an easy way to avoid crowds this autumn. Cabins today come in every incarnation imaginable, from traditional log designs to modern wonders, and in sizes......
How Hong Kong beat coronavirus and avoided lockdown
CNBC – For more and to sign up click here When Apple closed its retail stores around the globe amid the coronavirus pandemic, a handful of outlets were exempt, including its six locations in Hong Kong. In fact, much of Hong Kong has felt relatively normal this year compared with......
IPOs in Hong Kong and Shanghai pop, despite pandemic, tensions with the U.S.
CNBC – For more and to sign up click here The Hong Kong exchange building. Vincent Isore | IP3 | Getty Images Initial public offerings (IPOs) in greater China jumped in the first half of this year, bucking the declines seen elsewhere due to the impact of the coronavirus pandemic.......