For HNW Filipinos, Hong Kong’s appeal lies in the way its capital markets, innovation ecosystem, regulatory transparency and tax efficiency work together. Global economic conditions are evolving, but ...
HSBC logs decline in annual profit on impairments, raises key target
HSBC took subsidiary Hang Seng Bank private in a $13.7 billion deal last year. It said on Wednesday that their combined banking operations would target $900 million in pre-tax revenue and cost ...
HSBC annual pre-tax profit drops over 7%, revenue jumps as bank’s results top estimates
Europe's largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the bank's estimates.
HSBC’s 2025 profit falls 7% but beats estimates despite property woes, Madoff lawsuits
HSBC’s pre-tax profit last year declined to US$29.9 billion from US$32.3 billion a year earlier, but beat analysts’ estimate of US$28.86 billion.
HSBC full-year profit falls 7.4% but beats estimates
HONG KONG, Feb 25 (Reuters) - HSBC Holdings reported a 7.4% decline in full-year pretax profit on Wednesday. After an unusually strong 2024, Europe's largest bank posted a pretax profit of $29.9 ...
‘Buoyant’ Hong Kong economic growth expected to ease fiscal deficit, financial secretary says
The city is also redoubling its focus on the technology and artificial intelligence sector to bolster integration with mainland China's five-year plan.
Hong Kong sees fast growth continuing into 2026 on rebound
[HONG KONG] Hong Kong Financial Secretary Paul Chan has forecast the economy to grow 2.5 to 3.5 per cent in 2026, signalling confidence in the city’s momentum after it staged a powerful comeback last ...
HK housing market extends rally
Sham added that a sustained rally in Hong Kong equities and an active initial public offering pipeline will support housing demand. Expectations of further interest rate cuts by the US Federal Reserve ...
British woman who reported rape in Hong Kong may face prison
A 25-year-old British woman who reported to police in Hong Kong that she had been raped is facing a potential prison sentence. Isabel Rose, 25, from Hackney in east London, went to Hong Kong police in early 2024 after meeting a man she had previously encountered while travelling in Asia.
Understanding HIBOR: Hong Kong’s Interbank Rate Explained
Learn about HIBOR, the benchmark interest rate in Hong Kong for interbank lending; its functions, workings, and criticisms; and how it impacts financial markets.
Hong Kong protests after Panama takes control of 2 key ports on the Panama Canal
Hong Kong protests after Panama takes control of two key ports on the Panama Canal once run by a Hong Kong company.
Hong Kong Stablecoin Firm RedotPay Plans US Listing
Hong Kong Stablecoin firm RedotPay considers a major US IPO, seeking over $1 billion, signaling rising Wall Street support for stablecoin payment infrastructure growth.
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
From the yuan's growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing's ambitions When Wilson Chan Fung-cheung joined Hong Kong's banking industry as a ...
Hong Kong’s gold hub push signals China’s ambition to shape global bullion trade
Hong Kong plans 2,000-tonne storage capacity, state-backed clearing system and deeper Shanghai-Shenzhen integration to expand China’s influence in global bullion pricing ...