Stock Market Live Updates: Futures Wobble After Dow's 550-Point Rally, Bitcoin Extends Fall - WSJ.com

HSBC Holdings PLC Chief Executive Noel Quinn said he expects Hong Kong to prosper as China’s international financial hub, even as some international companies consider leaving the city.

“It’s important for China to have access to the international capital markets that exist and operate so effectively in Hong Kong,” Mr. Quinn said at the City Week conference in London Tuesday. “That’s what Hong Kong brings to China. So I think there’s a huge opportunity.” Some companies are considering leaving Hong Kong as Beijing reins in the political autonomy of the port city. In a survey by the American Chamber of Commerce in Hong Kong released last month,, citing uneasiness over China’s new security law and a pessimistic outlook of Hong Kong’s future.

HSBC makes most of its profit in China and Hong Kong, where it was founded in 1865. The London-based financial services giant, which once marketed itself as the world’s local bank, is selling most of its U.S. and French retail banking operations as part of a plan to refocus on Asia.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks Rebound as Dow Gains More Than 500 PointsInvestors sent funds back into stocks as they assessed the prospect of higher economic growth and inflation in the short term and rising interest rates in the future. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blakescott64 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: WSJ - 🏆 98. / 63 Read more »

Stocks Rebound as Dow Opens HigherInvestors sent funds back into stocks as they assessed the prospect of higher economic growth and inflation in the short term and rising interest rates in the future.
Source: WSJ - 🏆 98. / 63 Read more »

These Dow stocks could bounce after index's worst week since October, traders sayJPMorgan stock presents a buying opportunity, says Quint Tatro, chief investment officer of Joule Financial. TradingNation At least 10 people of Dai Su village, Hlaingtharyar Tsp were forcibly abducted after the village was stormed by military terrorists according to locals. The reason for abduction is unknown. CrimesAgainstHumanity June21Coup WhatsHappeningInMyanmar
Source: CNBC - 🏆 12. / 72 Read more »