Investors reckon China's grip is good for Hong Kong markets [Reuters]
JD.com, Inc. - American Depositary Shares (JD)
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Source: Reuters
Investors reckon China's grip is good for Hong Kong markets SHANGHAI/HONG KONG, July 1 (Reuters) - In the streets of Hong Kong, activists protest against China’s new security law. But in the trading rooms of Asia’s dominant financial hub, investors are cheering the mainland’s embrace. Hong Kong markets will benefit from more listings by Chinese companies, more mainland money, and more financial links with the world’s second-biggest economy, traders and analysts say, despite legislation some fear will erode the city’s freedoms. Beijing unveiled the law on Tuesday, and Hong Kong police made their first arrests of protesters under the legislation on Wednesday. But the street chaos may not spill onto Hong Kong’s stock market when it reopens on Thursday after a public holiday, investors say. The Hong Kong dollar did not budge when the new law was unveiled. “As long as Chinese companies come and list in Hong Kong, the party will go on,” said Francis Lun, CEO of Geo Securities, Hong Kong. “F
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- 5/8/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/18/24 - Form 6-K
- JD's page on the SEC website