Search Results for: Hong Kong
Hong Kong, US Sign FATCA Agreement
November 14th, 2014
On November 13, Hong Kong and the United States signed an inter-governmental agreement (IGA), the substantive terms of which were agreed in May this year, and which will facilitate compliance with the US Foreign Account Tax Compliance Act (FATCA) ...
Shanghai-Hong Kong Stock Connect gets China go-ahead
November 10th, 2014
Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges. The Shanghai-Hong Kong Stock Connect will allow investors to trade across the border for the first time and is set to begin on 17 ...
Hong Kong Introduces RMB Liquidity Measures
November 4th, 2014
The Hong Kong Monetary Authority (HKMA) has designated seven banks as Primary Liquidity Providers (PLPs) for the renminbi market (RMB) in Hong Kong and announced the provision of intraday liquidity – two moves that it said would reinforce the ...
Hong Kong Ready for Trading Link With Shanghai
October 29th, 2014
The head of Hong Kong’s stock market regulator said Wednesday that his agency had ticked all the boxes needed to start a highly anticipated project connecting the Hong Kong and Shanghai stock exchanges, indicating delays were coming from its ...
Hong Kong-Shanghai Stock Connect delay hits bourse shares
October 27th, 2014
Shares of Hong Kong Exchanges and Clearing have tumbled by as much as 5% to a six-month low after a landmark scheme to connect it with Shanghai’s stock market was delayed indefinitely. Hong Kong’s benchmark Hang Seng Index also ...
Hong Kong Is Hot Spot for U.S. Lawyers as Probes Rise
October 22nd, 2014
When Cathy Palmer first came to Hong Kong as a U.S. prosecutor more than 20 years ago, she was chasing heroin-smuggling triads who later sent a booby-trapped package to her Brooklyn office. Since March, she has been in the ...
The Shanghai-Hong Kong Stock Connect holds profits for sharp-eyed investors
October 17th, 2014
CapitalVue’s Elias Glenn explains how to own a piece of a Communist Party Newspaper or Zhou Enlai’s favorite liquor with the SH-HK Stock Connect Baijiu is going global: Under a program to be launched in October, individual investors in ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
Hong Kong creates team to help startups
October 8th, 2014
Invest Hong Kong (InvestHK), the Department established by the Government to attract foreign direct investment and support overseas and Mainland businesses set up or expand in Hong Kong, has announced that it has set up a dedicated team to ...
Kobre & Kim Adds Hong Kong Law to Follow the Money
October 6th, 2014
Kobre & Kim LLP, a law firm that secured an acquittal for one of the defendants in the U.S.’s first foreign bribery sting operation, added a local legal practice to its Hong Kong office this month according to latest ...