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  • βœ‡Bloomberg Markets
  • Report of HK Bank Account Curbs Sinks Financial Stocks
    Hong Kong financial stocks fell after a report that some banks have suspended opening bank accounts for clients in mainland China, as part of a broader push to stem capital flight after Beijing launched a crackdown on illegal cross-border trading. Bloomberg Intelligence's Francis Chan and Steven Lam discuss the implications. (Source: Bloomberg)
     

Report of HK Bank Account Curbs Sinks Financial Stocks

5 June 2026 at 06:02
Hong Kong financial stocks fell after a report that some banks have suspended opening bank accounts for clients in mainland China, as part of a broader push to stem capital flight after Beijing launched a crackdown on illegal cross-border trading. Bloomberg Intelligence's Francis Chan and Steven Lam discuss the implications. (Source: Bloomberg)

  • βœ‡Bloomberg Markets
  • PGIM Backs $4B of US Land-Bank Deals in Asset-Based Push
    Bloomberg's Scott Carpenter joins Dani Burger on "Bloomberg Deals." Prudential Financial’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the US homebuilding industry. (Source: Bloomberg)
     

China Scrutiny of Cross-Border Flows Sparks Concerns in HK | The China Show 6/5/2026

5 June 2026 at 06:42
β€œBloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

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