HSBC Holdings plc and its operational results fell woefully short of analysts’ expectations and were punished with a 2.7% drop in its stock price at Hong Kong’s Hang Seng index today. Europe’s largest ... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Investors are craving clarity on a number of issues that are affecting market sentiment
The Shenzhen composite also slipped 0.36 percent. Hong Kong’s Hang Seng index rose 0.66 percent. Hong Kong-listed shares of Chinese investment bank China International Capital Corpjumped 3.07 percent ... ( read original story ...)
Hang Seng Bank net rises 21pc to $24b
Hang Seng Bank's (0011 ... He added that the interest spread between the Hong Kong dollar and the greenback was as much as about 140 to 150 pips at present, indicating that once local bank balances re... ( read original story ...)
HSBC tests retail e-wallet payments in Hong Kong
In the latest development, it has now introduced PayMe for Business, which is initially available to HSBC Business Banking customers in Hong Kong. It offers a way to accept digital payments from PayMe ... ( read original story ...)
Hong Kong Shares May See Additional Support
CNOOC and Hong Kong & China Gas both lost 1.00 percent, Sands China climbed 0.64 percent, BOC Hong Kong fell 0.61 percent, Galaxy Entertainment slid 0.52 percent, CITIC added 0.17 percent and China Pe... ( read original story ...)
Hong Kong Bourse Expected To Open In The Green
BOC Hong Kong gathered 1.08 percent, Sands China skidded 1.02 percent, AIA Group advanced 0.99 percent, CITIC added 0.84 percent, Sun Hing Kai Properties shed 0.82 percent, CNOOC gained 0.72 percent, ... ( read original story ...)
Hong Kong’s Budget Surplus Shrinks as the List of Headwinds Grows
Hong Kong Retail Sales Wilt as China Tourists Keep Wallets Shut “The situation is not optimistic,” Chan said in the post, highlighting the government’s first-quarter business tendency survey that show... ( read original story ...)
Hong Kong bars China’s notions of law
If the proposal is approved, Hong Kong’s reputation as a safe place for business people and travelers to enjoy high standards of justice could be jeopardized. might lose its status as an international ... ( read original story ...)
How Hong Kong’s Property Slump Could Clobber the Economy
Real estate is the main game in Hong Kong, and as the drop in housing prices nears correction territory, concern is mounting about the toll the downturn will exact on the city’s economy. Home values i... ( read original story ...)
Cutting-Edge Tech & Startups are Focus of mid-April’s Hong Kong Electronics Fair & ICT Expo
The 16th annual Hong Kong Electronics Fair (Spring Edition) and International ICT Expo, organized by the Hong Kong Trade Development Council (HKTDC), will be held concurrently at the Hong Kong Convent... ( read original story ...)
How will it work? Linklaters’ new banking head on leading from Hong Kong
When Linklaters appointed Hong Kong partner Davide Mencacci as its new global head of banking earlier this month he became the department’s first leader to be based outside of London, where it largest ... ( read original story ...)
Contrasting Boc Hong Kong (BHKLY) and American Business Bank (AMBZ)
American Business Bank provides various banking and financial services to wholesalers, manufacturers, businesses, professionals, and non-profits in California. Its deposit products include checking, m... ( read original story ...)
Hong Kong’s CLP aims to start building LNG terminal at year-end
SINGAPORE, Feb 25 (Reuters) - CLP Power aims to start building Hong Kong’s first offshore liquefied natural gas (LNG) receiving terminal at the end of 2019, the utility group’s chief executive said on ... ( read original story ...)
Financial Connect in the works
Secretary for Financial Services and the Treasury James Henry Lau said Hong Kong is holding talks with mainland regulators on launching a "Financial Product Connect" before 2022. "I hope this connect ... ( read original story ...)