The legal implications for members of the public and news organisations, and the use of social media, have yet to be clarified. On Wednesday, 10 banners made with sheets of A4 paper saying “I support ... ( read original story ...)
HSBC raises Hong Kong prime rate for the first time in a decade, ending era of cheap funds
HSBC has become the first commercial bank to raise its prime rate in Hong Kong, taking its cue from the US Federal Reserve and the Hong Kong Monetary Authority in ending a decade of cheap capital. The ... ( read original story ...)
Hong Kong banks hike lending rates for first time in 12 years
Two of Hong Kong's biggest banks raised their lending rates on Thursday for the first time in 12 years, ending an age of cheap cash that could hit the city's famously red-hot property market. The move... ( read original story ...)
HSBC hikes Hong Kong lending rate for first time in 12 years
Banking giant HSBC on Thursday hiked its lending rate in Hong Kong for the first time in 12 years, a move that ends an age of cheap cash and could hit the city's famous red-hot property market. ( read original story ...)
Hong Kong banks raise benchmark lending rates for first time in 12 years
On Friday, the Hong Kong dollar experienced a sudden, sharp spike, which some market watchers attributed to expectations of a rise in bank lending rates and tight cash supply. Facing shrinking ... ( read original story ...)
Speech by FS at 10th Hong Kong Institute of Bankers Banking Conference (English only) (with photo/video)
Following is the speech by the Financial Secretary, Mr Paul Chan, at the 10th Hong Kong Institute of Bankers (HKIB) Banking Conference today (September 27): Patrick (Chairman of the Executive Committe... ( read original story ...)
Hong Kong raises base lending rate, striking the final nail for more than a decade of cheap funds
The base lending rate was raised by 25 basis points to 2.5 per cent, the Hong Kong Monetary Authority said on its website, effective immediately. The de facto central bank’s chief executive officer No... ( read original story ...)
Hong Kong’s de facto central bank raises base rate after Fed hike
The move comes as officials in Hong Kong, which tracks U.S. rate moves because its currency is pegged to the greenback, have warned of the impact of rising interest rates on the city's homeowners. Lat... ( read original story ...)
Hong Kong IPO Roulette Has Top Money Managers in a Spin
Some of the world’s largest asset managers took a spin on Hong Kong’s IPO roulette wheel, and now they’re stuck. Shares of Meituan Dianping dipped below their offering price on Wednesday, barely one w... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Washington reiterates stance on trade
That doesn’t make any sense at all,” he told the U.S. Chamber of Commerce. In Greater China markets, Hong Kong’s Hang Seng index traded higher by 1.24 percent as of 3:15 p.m. HK/SIN. Hotpot chain Haid... ( read original story ...)
Hong Kong business schools face China threat
Its education was, too. Mainland Chinese students began flocking to Hong Kong universities after economic reforms were instituted, particularly in business and finance. Non-Chinese foreigners also beg... ( read original story ...)
Cryptocurrency giant Bitmain chooses Hong Kong for IPO
HONG KONG (Reuters) - Bitmain Technologies, the world’s largest designer of products used for mining cryptocurrencies, confirmed it was bringing its IPO to Hong Kong in what will be an important ... ( read original story ...)
4 unique electronics startups to meet in Hong Kong this October
As a trading hub, Hong Kong often plays host to the world’s businesses and investors. With more than 80 exhibitions each year, the port city attracted some 72,000 exhibiting companies and 2.4 million ... ( read original story ...)
Hong Kong Launches First High Speed Rail Service
Hong Kong's bullet train allows visitors to travel quickly and conveniently between Hong Kong and several cities across Mainland China. (Photo: Business Wire) Hong Kong's bullet train allows visitors ... ( read original story ...)