United Kingdom  

HSBC and StanChart back China security law for Hong Kong

Reuters Wednesday, 3 June 2020
HSBC and Standard Chartered banks gave their backing to China's imposition of a national security law on Hong Kong on Wednesday in a break from their usual policy of political neutrality.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 One News Page Knowledge: Other News Mentions

Standard Chartered Standard Chartered British financial services company

Brexit briefing: 178 days until the end of the transition period [Video]

Brexit briefing: 178 days until the end of the transition period

The UK left the European Union on January 31. Here we look at the latest figures and key dates in the ongoing Brexit process. Quote from Sarah Hewin, Chief economist at Standard Chartered, speaking to the Financial Times.

Credit: PA - Press Association STUDIO    Duration: 00:48Published
HSBC, StanChart back China's Hong Kong security law [Video]

HSBC, StanChart back China's Hong Kong security law

Major banks HSBC and Standard Chartered backed China's new national security law for Hong Kong on Wednesday in a break from their usual policy of political neutrality. Gloria Tso reports.

Credit: Reuters - Politics    Duration: 01:31Published

Hong Kong Hong Kong Special administrative region of China

Hong Kong security law is not "doom and gloom" [Video]

Hong Kong security law is not "doom and gloom"

Hong Kong's national security law imposed by Beijing last week was not "doom and gloom" for the city, its leader Carrie Lam said on Tuesday (July 7), adding it was untrue to say she was not privy to any of its details before they were announced.

Credit: Reuters Studio    Duration: 01:08Published

Hong Kong: Facebook, Google and Twitter among firms 'pausing' police help

Twitter and Telegram also put a halt to processing data requests, but Apple has not commented.
BBC News

Hong Kong security law: Pro-democracy books pulled from libraries

Prominent activist Joshua Wong says the measure is "one step away from actual book banning".
BBC News
For Chinese Dissidents, Detractors, Hong Kong Is Now A Danger Zone [Video]

For Chinese Dissidents, Detractors, Hong Kong Is Now A Danger Zone

For many who were critical of the Chinese government, Hong Kong was a convenient place to be. But according to CNN, that bolthole is quickly closing, as China says that they can now be arrested there, even if only transferring through the airport. First under British colonial rule and then after its handover to China, Hong Kong has offered legal protection from the mainland Communist Party for decades.

Credit: Wochit News    Duration: 00:34Published
Equity indices close in the green, Eicher Motors up 4.2 pc [Video]

Equity indices close in the green, Eicher Motors up 4.2 pc

Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.

Credit: ANI    Duration: 01:12Published

Related videos from verified sources

'We want to be your friend': Chinese ambassador [Video]

'We want to be your friend': Chinese ambassador

China's ambassador to the United Kingdom, Liu Xiaoming, is warning London not to make an enemy of China, and that dropping a Huawei 5G deal will cost it.

Credit: Reuters Studio     Duration: 01:27Published
Hong Kong: China Passes Draconian National Security Law [Video]

Hong Kong: China Passes Draconian National Security Law

TAIPEI — Beijing has passed a new national security law on Tuesday. The controversial law grants the government sweeping powers that critics fear will be used to quash Hong Kong's freedoms and..

Credit: TomoNews US     Duration: 01:21Published
Why Canada’s Relationship With Hong Kong Is Changing [Video]

Why Canada’s Relationship With Hong Kong Is Changing

China imposed new national security laws on Hong Kong after decades of protests, which has impacted the relationship with Canada.

Credit: HuffPost Canada     Duration: 02:25Published

Related news from verified sources

Britain to change immigration rules if China imposes security law on Hong Kong, Johnson says

The United Kingdom is prepared to change its immigration rules if China imposes a national security law on Hong Kong, British Prime Minister Boris Johnson said...
Reuters

Explainer: Dollar peg is critical to Hong Kong amid U.S. threats, China worries

China's plans to impose a national security law on Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law...
Reuters

HSBC, StanChart criticised for backing Hong Kong security law

Senior British politicians criticised HSBC and Standard Chartered on Thursday after the banks backed China's national security law for Hong Kong, in conflict...
Reuters Also reported by •BBC News

Tweets about this