Ongoing civil unrest in Hong Kong is the biggest geopolitical threat to global markets, an economist told China Daily Network Thursday. Speaking to China Daily Network’s “Street Signs Europe,” Holger Schmieding, chief economist at Berenberg, said the worst-case scenario was “pretty clear” after President Donald Trump signed two bills backing protesters in Hong Kong. The […] Read more
The speed with which the US Senate passed a bill that would allow Washington to suspend Hong Kong’s special status reflects growing concern about the situation in the city – something that business leaders have described as a greater source of worry than its contents. The Hong Kong Human Rights and Democracy Act breezed through […] Read more
China has the “resolution and power” to end the unrest in Hong Kong if necessary, the country’s ambassador to Britain said on Monday. Liu Xiaoming was speaking as tensions in the city remained high, with riot police and radicals facing off at a university. He blamed the protesters for unleashing “black terror” as he repeated […] Read more
Alibaba is planning a secondary listing in Hong Kong which is likely to take place in the last week of November and raise approximately $13 billion, a source with direct knowledge of the matter told China Daily Network. The Chinese e-commerce giant will issue 500 million new ordinary shares plus 75 million “greenshoe” options, the […] Read more
