HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 2.422 million shares in London and Hong Kong yesterday (4th), involving a total of approximately HKD124 million. HSBC repurchased ... ( read original story ...)
ZA Bank, a Hong Kong Digital Only Bank, Uses “Millionaire PowerDraw” to Boost Users
ZA Bank, one of a handful of regulated digital-only banks in Hong Kong, has announced a new promotion to increase users. ZA Bank has launched “Millionaire PowerDraw” to “bring joy to HongKongers.” The ... ( read original story ...)
Hong Kong’s IPO market still lags behind other exchanges
In the global race to host initial public offerings, there has been a notable laggard this year — Hong Kong. The Asian financial hub has ranked first in IPO fundraising for four out of the past seven ... ( read original story ...)
FY2023 Earnings Estimate for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Issued By Jefferies Financial Group
Analysts at Jefferies Financial Group increased their FY2023 earnings per share estimates for BOC Hong Kong in a note issued to investors on Thursday, June 30th. Jefferies Financial Group analyst now ... ( read original story ...)
At Least 12 Dead and Over a Dozen Missing After Typhoon Sinks Ship in Hong Kong
Four crew members have since been rescued after tropical storm Chaba caused a Chinese engineering ship to break in half over the weekend ... ( read original story ...)
Hong Kong raises prospect of Shenzhen border easing by Aug 4
Hong Kong's new health secretary said on Monday he hoped the border with Shenzhen would reopen before Aug. 4, a move that would mark a significant relaxation of China's strict border controls, ... ( read original story ...)
Chinese mainland, Hong Kong expand financial cooperation with Swap and ETF connects
In a sign of deepening financial cooperation between the Chinese mainland and the Hong Kong Special Administrative Region (HKSAR) amid the 25th anniversary of Hong Kong's return to the motherland, ... ( read original story ...)
Hong Kong gets a shot in the arm as China’s offshore financial hub with new products and deeper yuan pool in expanded Connect scheme
Hong Kong and China will develop a Swap Connect programme for bonds this year, after formally kicked off the ETF Connect programme The PBOC upgraded Hong Kong's yuan settlement programme into a ... ( read original story ...)
4 rescued, a dozen bodies retrieved after typhoon sinks ship off Hong Kong
Rescue officials in the global financial hub had warned that “very slim” chances remained of finding others alive. ( read original story ...)
Tycoon who disappeared from Hong Kong hotel in 2017 stands trial in China
Canadian-Chinese businessman Xiao Jianhua will finally stand trial in case linked to President Xi’s corruption drive ... ( read original story ...)
Why business is still optimistic about Hong Kong
The mega restaurant, which could house 2,300 diners at a time, had spent nearly a half a century in Hong Kong's waters. It drew visitors like the Queen, Richard Branson and Tom Cruise, and featured in ... ( read original story ...)
Fourth crew member rescued after engineering ship sinks
- In this image released by Hong Kong Government Flying Service, a helicopter with rescue crew members approaches a sinking ship in the South China Sea, 300 kilometers (186 m ... ( read original story ...)
China, Hong Kong to launch rate ‘Swap Connect’ in boost to financial integration
China and Hong Kong will launch a new "Swap Connect" scheme, allowing mutual access to interest rate swaps trading to promote financial derivatives markets. ( read original story ...)
China to Start Swap Connect With Hong Kong in Six Months
China will allow international investors to access its interest-rate derivatives market through Hong Kong, bolstering the city’s status as a financial gateway to Asia’s largest economy while giving ... ( read original story ...)