In the News: Hong Kong Sanctions; Shortened Negative Lists; and Securities Licenses

June 29, 2020 | BY

Vincent Chow

U.S. Senate passes bill threatening sanctions against financial institutions, officials over Hong Kong; China shortens negative lists to further open up economy to foreign investment; and CSRC plans to grant securities licenses to domestic commercial banks

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US proposes sanctions on financial institutions, officials over Hong Kong

The United States is ramping up its response to Hong Kong's controversial national security law (NSL) as a new bill