Breakingviews – Giant Ant frustrates Hong Kong dollar bears

HONG KONG (Reuters Breakingviews) - Pegged currencies are irresistible to speculators, and the Hong Kong dollar’s 36-year-old fix is no different. Since political strife erupted in the territory last year, investors like Kyle Bass, founder of Dallas-based Hayman CapitWant to know more on Breakingviews - Giant Ant frustrates Hong Kong dollar bears click here go to market news source. Market news summary from Nasdaq Market News.Author: Reuters

Kyle Bass Warns Beijing Could Manipulate TikTok To ‘Brainwash’ Millennials If Trump Doesn’t Shut It Down

Kyle Bass Warns Beijing Could Manipulate TikTok To 'Brainwash' Millennials If Trump Doesn't Shut It Down Tyler Durden Tue, 09/22/2020 - 10:15 Kyle Bass prefers the term "China realist" to "China hawk", but the inveterate China critic, who last year bet against the Hong Kong dollar's peg to the greenback, appeared on CNBC Tuesday morning to share his thoughts on TikTok, HSBC and the prospect of 'decoupling' between...

Hong Kong’s first Cannabis cafe opens its doors

HONG KONG: Cannabis may be illegal in Hong Kong, but a new cafe is offering a range of food and drinks that contain parts of the cannabis plant without breaking any local laws. The cafe, named Found, is the city’s first to offer a range of coffees, biscuits, beer and fruit juices that contain cannabidiol, or CBD, a substance from the cannabis plant that is said to offer...

SK Holdings hits jackpot with ESR investment

SK Holdings said Thursday it had sold a 4.6 percent stake in Hong Kong-based asset management company ESR for 22.5 Hong Kong dollars ($2.90) per share in a block deal to unidentified funds.Want to know more on SK Holdings hits jackpot with ESR investment click here go to market news source. Market news summary from The Korea Times Market News.Author:

Yum China shares tumble more than 5% as it debuts in Hong Kong

Yum China, which operates fast food restaurants KFC, Taco Bell and Pizza Hut in China, raised $2.22 billion by selling 41.9 million shares at 412 Hong Kong dollars ($53.16) apiece.Want to know more on Yum China shares tumble more than 5% as it debuts in Hong Kong click here go to market news source. Market news summary from CNBC Market News.Author:

Yum China shares tumble more than 4% as it debuts in Hong Kong

Yum China, which operates fast food restaurants KFC, Taco Bell and Pizza Hut in China, raised $2.22 billion by selling 41.9 million shares at 412 Hong Kong dollars ($53.16) apiece.Want to know more on Yum China shares tumble more than 4% as it debuts in Hong Kong click here go to market news source. Market news summary from CNBC Market News.Author:

Shares of Chinese bottled water giant Nongfu Spring soar in Hong Kong debut

The stock opened at 39.80 Hong Kong dollars per share ($5.14), more than 85% higher than its initial public offering price of 21.50 Hong Kong dollars ($2.77).Want to know more on Shares of Chinese bottled water giant Nongfu Spring soar in Hong Kong debut click here go to market news source. Market news summary from CNBC Market News.Author:

Foreign currency reserves unchanged

Hong Kong's foreign currency reserve assets rose to US$450 billion in August, unchanged from that of July, the Monetary Authority announced today. The reserve assets represent over six times the currency in circulation or about 44% of Hong Kong dollar M3. Including unsettled foreign exchange contracts, the foreign currency reserve assets at the end of August amounted to US$449.9 billion, unchanged from that of July.Want to know more on Foreign...
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