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Search resuls for: "Elaine Yu"


25 mentions found


☆ Activist Flees Hong Kong After Re-Education Trip to China
  + stars: | 2023-12-04 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
Pro-democracy activist Agnes Chow was arrested in Hong Kong in 2020. Photo: Vernon yuen/Agence France-Presse/Getty ImagesHONG KONG—Prominent Pro-democracy activist Agnes Chow said she was exiling herself in Canada after getting her passport back from police in return for taking a patriotic trip to China, an exchange that sheds light on Hong Kong’s efforts to re-educate political opponents. Chow, who is on police bail while under investigation on suspicion of national-security crimes, said she was taken across the border to mainland China in August by five Hong Kong officials. In the neighboring city of Shenzhen, she was taken to an exhibition documenting China’s achievements and to the headquarters of tech company Tencent.
Persons: Agnes Chow, Vernon yuen, exiling, Chow Organizations: Agence France, Getty, HONG, Hong Locations: Hong Kong, HONG KONG, Canada, China, Shenzhen
☆ Activist Flees Hong Kong After Patriotic Education Trip to China
  + stars: | 2023-12-04 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
Pro-democracy activist Agnes Chow was driven away from her home by police in Hong Kong in 2020. Photo: Vernon yuen/Agence France-Presse/Getty ImagesHONG KONG—Prominent pro-democracy activist Agnes Chow said she was exiling herself in Canada after getting her passport back from police in return for taking a patriotic trip to China, an exchange that sheds light on Hong Kong’s efforts to re-educate political opponents. Chow, who is on police bail while under investigation on suspicion of national-security crimes, said she was taken across the border to mainland China in August by five Hong Kong officials. In the neighboring city of Shenzhen, she was taken to an exhibition documenting China’s achievements and to the headquarters of tech giant Tencent.
Persons: Agnes Chow, Vernon yuen, exiling, Chow Organizations: Agence France, Getty, HONG, Hong Locations: Hong Kong, HONG KONG, Canada, China, Shenzhen
☆ Wall Street CEOs Flocked to Hong Kong—and Kept Quiet on China
  + stars: | 2023-11-07 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
John Lee, Hong Kong’s chief executive, at the Global Financial Leaders’ Investment Summit in Hong Kong on Tuesday. Photo: tyrone siu/ReutersHONG KONG—When some of Wall Street’s most powerful executives assembled in Hong Kong this week, one topic was noticeable by its absence: China. The chief executives of U.S. banks including Citi group, Goldman Sachs and Morgan Stanley were in the city on Tuesday for the Global Financial Leaders’ Investment Summit, where they rubbed shoulders with local government officials and senior Chinese regulators. They spoke about broad topics such as financial stability, interest rates and capital markets.
Persons: John Lee, Hong, tyrone siu, Goldman Sachs, Morgan Stanley Organizations: Global, ’ Investment, Reuters, Citi Locations: Hong Kong, Reuters HONG KONG, China
☆ China Shut the Door on Two Online Brokers. Then Their Stock Prices Boomed.
  + stars: | 2023-10-24 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
An advert for online brokerage Futu in Hong Kong. The company’s shares have risen more than 40% this year. Photo: BUDRUL CHUKRUT/SIPA PRESS/ASSOCIATED PRESSWhen a Chinese regulator blocked investors from opening accounts with online brokers Futu and Up Fintech, it dealt a blow to the pair, which had for years seen mainland China as a key source of growth. So why have the U.S.-listed stocks of the two companies surged since then?
Persons: BUDRUL Locations: Hong Kong, China, U.S
☆ The Corporate Retreat From Hong Kong Is Accelerating
  + stars: | 2023-10-24 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
International companies began trickling out of Hong Kong a few years back, uneasy about the financial hub’s tightening ties to mainland China. That first smattering of departures is now turning into a broad retreat involving banks, investment firms and technology companies. The number of U.S. companies operating in the city has fallen for four years in a row, by Hong Kong’s count, hitting 1,258 in June 2022, the fewest since 2004. Last year, mainland Chinese companies with regional headquarters in Hong Kong outnumbered American ones for the first time in at least three decades.
Persons: Hong Kong’s Locations: Hong Kong, China
☆ China Is Becoming a No-Go Zone for Executives
  + stars: | 2023-10-06 | by ( Chip Cutter | Elaine Yu | Newley Purnell | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/china-is-becoming-a-no-go-zone-for-executives-626250dd
Persons: Dow Jones
☆ An Insurance Regulator Asked for a Favor. It Cost a Senior Executive His Job.
  + stars: | 2023-09-22 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/c-suite/an-insurance-regulator-asked-for-a-favor-it-cost-a-senior-executive-his-job-1baec4b0
Persons: Dow Jones
☆ China’s Economic Worries Spur a Different Kind of Shopping Spree
  + stars: | 2023-09-22 | by ( Josh Mitchell | Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/chinas-economic-worries-spur-a-different-kind-of-shopping-spree-1321e607
Persons: Dow Jones
☆ China Braces for Bigger Storm Than Idalia
  + stars: | 2023-09-01 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/asia/china-braces-for-bigger-storm-than-idalia-48d982de
Persons: Dow Jones Locations: asia
☆ Elaine Yu — Reporter at The Wall Street Journal
  + stars: | 2023-08-19 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
Elaine YuElaine Yu is a financial reporter for The Wall Street Journal’s Hong Kong bureau. She has covered topics ranging from cryptocurrencies and casinos to business and political developments in Hong Kong and China. Elaine was previously a correspondent for Agence France-Presse, and has written for publications including the New York Times, the New Yorker, the Intercept and the Columbia Journalism Review. Her work has been recognized by a New York Press Club Award and named a finalist for the Mirror Awards.
Persons: Elaine Yu Elaine Yu, Elaine Organizations: Agence France, Presse, New York Times, Yorker, Columbia, New York Press Locations: Hong Kong, China
☆ Macau Reclaims Crown From Vegas as World’s Top Gambling Hub
  + stars: | 2023-08-19 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/hospitality/macau-reclaims-crown-from-vegas-as-worlds-top-gambling-hub-edf318cd
Persons: Dow Jones Locations: macau, vegas
☆ Police Pursuit of U.S.-Based Activist Embroils Family in Hong Kong
  + stars: | 2023-08-05 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/police-pursuit-of-u-s-based-activist-embroils-family-in-hong-kong-31ae1248
Persons: Dow Jones Locations: hong
☆ Hong Kong’s Property Market Is a Mess—and the Fed Is Partly to Blame
  + stars: | 2023-08-02 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hong-kongs-property-market-is-a-messand-the-fed-is-partly-to-blame-22ac7ebe
Persons: Dow Jones, 22ac7ebe
☆ Hong Kong Is Bullish on Crypto. Its Banks Aren’t So Sure.
  + stars: | 2023-07-17 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/hong-kong-is-bullish-on-crypto-its-banks-arent-so-sure-726618ec
Persons: Dow Jones Locations: kong
☆ Bain Gets Courtesy Call From Shanghai Party Official
  + stars: | 2023-07-10 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/bain-gets-courtesy-call-from-shanghai-party-official-15708ae2
Persons: Dow Jones, bain Locations: shanghai
☆ A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
  + stars: | 2023-07-07 | by ( Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/a-trillion-dollar-opportunity-chinas-pivot-to-the-middle-east-set-to-fuel-investment-boom-1f4bb5a2
Persons: Dow Jones
☆ Companies Try New Strategy to Stay in China: Siloing
  + stars: | 2023-06-25 | by ( Elaine Yu | Yoko Kubota | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/companies-try-new-strategy-to-stay-in-china-siloing-61c88721
Persons: Dow Jones
☆ Ant-Man Gets Squashed as Hong Kong’s Movie Revival Follows Covid, Protests
  + stars: | 2023-06-13 | by ( Wenxin Fan | Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ant-man-gets-squashed-as-hong-kongs-movie-revival-follows-covid-protests-6f466922
Persons: Dow Jones
☆ New Hong Kong Movies Kick Kung Fu to the Curb in Favor of Introspective Dramas
  + stars: | 2023-06-13 | by ( Wenxin Fan | Elaine Yu | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ant-man-gets-squashed-as-hong-kongs-movie-revival-follows-covid-protests-6f466922
Persons: Dow Jones
☆ A Crypto Hedge Fund Imploded. The Comeback Isn’t Going So Well.
  + stars: | 2023-05-19 | by ( Elaine Yu | Weilun Soon | Alexander Osipovich | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/a-crypto-hedge-fund-imploded-the-comeback-isnt-going-so-well-40341175
☆ Two Trading Apps That Allowed Chinese Citizens to Invest Overseas Get Pulled From China
  + stars: | 2023-05-16 | by ( James T. Areddy | Elaine Yu | ) www.wsj.com   time to read: 1 min
Futu offers services to Chinese citizens who already hold dollars and other currencies in bank accounts abroad. Photo: Budrul Chukrut/Zuma PressTwo Nasdaq-listed online brokerages that cater to clients in China are preparing to further curtail their offerings in the country, amid tightening controls by Beijing on private firms, capital flight and data flows. Futu Holdings and Up Fintech Holding, known as Tiger Brokers, are planning to remove apps from online stores in China that allow their customers to trade stocks overseas, according to people familiar with the matter.
☆ Two U.S.-Listed Online Brokers Cut China Apps as Regulatory Pressure Persists
  + stars: | 2023-05-16 | by ( James T. Areddy | Elaine Yu | ) www.wsj.com   time to read: 1 min
Futu offers services to Chinese citizens who already hold dollars and other currencies in bank accounts abroad. Photo: Budrul Chukrut/Zuma PressTwo Nasdaq-listed online brokerages that cater to clients in China are preparing to further curtail their offerings in the country, amid tightening controls by Beijing on private firms, capital flight and data flows. Futu Holdings and Up Fintech Holding, known as Tiger Brokers, are planning to remove apps from online stores in China that allow their customers to trade stocks overseas, according to people familiar with the matter.
☆ Futu, Tiger to Remove China Trading Apps as Regulatory Pressure Mounts
  + stars: | 2023-05-16 | by ( James T. Areddy | Elaine Yu | ) www.wsj.com   time to read: 1 min
Futu offers services to Chinese citizens who already hold dollars and other currencies in bank accounts abroad. Photo: Budrul Chukrut/Zuma PressTwo Nasdaq-listed online brokerages that cater to clients in China are preparing to further curtail their offerings in the country, amid tightening controls by Beijing on private firms, capital flight and data flows. Futu Holdings and Up Fintech Holding, known as Tiger Brokers, are planning to remove apps from online stores in China that allow their customers to trade stocks overseas, according to people familiar with the matter.
☆ Foreign Firms in China Squeezed by U.S. Disclosure Demands, Beijing’s Security Clampdown
  + stars: | 2023-05-04 | by ( Elaine Yu | Dan Strumpf | ) www.wsj.com   time to read: 1 min
Mintz Group’s Beijing office was raided by authorities, who detained five of the company’s workers. Photo: greg baker/Agence France-Presse/Getty ImagesHONG KONG—Foreign companies in China are walking a tightrope between their need for business intelligence to comply with proliferating U.S. sanctions and mounting concerns about the risks of carrying out the due diligence required for business on the ground. Authorities recently questioned staff at consulting firm Bain & Co.’s Shanghai office and detained the Beijing-based workers for U.S. due-diligence company Mintz Group. The news has put companies that conduct due diligence and business intelligence in China on heightened alert, with details about the visits scant and uncertainty swirling around what triggered them.
☆ HSBC Profit Surges in First Quarter on Interest Income, Accounting Gains
  + stars: | 2023-05-02 | by ( Josh Mitchell | Elaine Yu | ) www.wsj.com   time to read: 1 min
HSBC has benefited from the sharp rise in central banks’ policy rates. Photo: Taehoon Kim/Bloomberg NewsBanking giant HSBC Holdings reported a sharp rise in profit in the first quarter, driven by bumper interest income and an accounting gain after the planned sale of its French retail bank became less certain. The bank’s profit hit $10.3 billion in the first three months of 2023, more than three times that of a year earlier, HSBC said Tuesday. That beat the estimates of analysts polled by HSBC, who had predicted a profit of around $6.4 billion on average.
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