HSBC Slumps as Trump Advisors Weigh Moves to Punish Hong Kong Banks

Jul.08 — HSBC Holdings Plc, which draws more than two-thirds of its pretax income from Hong Kong, slumped as advisers to U.S. President Donald Trump were said to be discussing a move to punish banks in the city and destabilize the currency peg to the dollar. Annmarie Hordern reports on “Bloomberg Markets: European Open.”

How Realistic of a Threat is Targeting the Hong Kong Dollar Peg?

Jul.08 — Advisors to the Trump administration are said to be considering proposals to undermine the Hong Kong dollar peg. The move is being seen as a part of Washington’s efforts to punish China for tightening its grip over Hong Kong. Bloomberg’s Mark Cranfield discusses the implications of the move on “Bloomberg Markets: China Open.”

New U.S. Visa Rules May Bar Some Chinese Students

Jul.07 — There are hundreds of thousands of Chinese students attending colleges in the U.S. and many fear they could be deported. The White House is proposing new visa rules that would block international students from enrolling in schools that offer online only classes. Bloomberg’s Su Keenan reports on “Bloomberg Markets: China Open.”

DCM Capital Sees Opportunities in U.S., China IT Markets

Jul.07 — David Chao, co-founder and general partner of DCM Ventures, which has the backing of SoftBank Group Corp. and Japanese e-commerce giant Rakuten Inc., talks about the opportunities he sees in U.S. and Asia. DCM attracted $880 million from U.S. endowments and pension plans along with European investors for a new global fund with a China focus. … Read more DCM Capital Sees Opportunities in U.S., China IT Markets