Please try again ** Hong Kong’s benchmark Hang Seng Index slumped 2.6% by the end of the morning ... turmoil in the bond market resulting from the collapse of Silicon Valley Bank, sending Asian shares ...
HSBC Tumbles in Hong Kong as AT1 Debt Selloff Weighs on Banks
HSBC Holdings Plc fell as much as 6.6% in Hong Kong trading, the biggest drop in nearly six months, with its newly issued AT1 bond declining more than 5 cents. Standard Chartered Plc slid as much as 5 ...
HSBC Shares Tumble in Hong Kong on Risky Bond Exposure Concerns
(Bloomberg) -- HSBC Holdings Plc led declines among financial stocks listed in Hong Kong as worries over risky bond exposures related to Credit Suisse Group AG spurred further risk-off sentiment. Most ...
Hong Kong banks dive, despite HKMA reassurance on Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city’s monetary authority said the sector had “insignificant” exposure ...
Japan, Singapore and Hong Kong downplay Credit Suisse fallout
Financial authorities in Asia have moved to downplay the local fallout of the turmoil at Credit Suisse, saying they do not expect the takeover of the troubled Swiss bank to affect the stability of ...
Hong Kong asylum seekers fear deportation under tightened policy
After more than five years navigating the bureaucratic maze of Hong Kong's asylum system, John faces a new fear: deportation under a recently amended "removal policy". Leafing through his well-worn ...
Singapore, Hong Kong downplay Credit Suisse turmoil as stocks dip
Singapore and Hong Kong central banks says Swiss lender’s takeover not likely to affect stability of local banks.
Hong Kong Banking Sector Exposure To Credit Suisse ‘Insignificant’: Monetary Authority
Hong Kong's banking sector has "insignificant" exposure to troubled Swiss banking giant Credit Suisse, the city's monetary authority said on Monday.
Hong Kong stocks fall 2%, leading losses in Asia after UBS agrees to take over Credit Suisse
Asia-Pacific markets largely fell on Monday after UBS agreed to buy its banking rival Credit Suisse in a $3.2 billion takeover over the weekend. The Hang Seng index led losses in the region, falling 2 ...
Singapore, Hong Kong Seek to Calm Nerves Over Credit Suisse Deal
Financial authorities in Singapore and Hong Kong gave assurances Credit Suisse Group AG will remain open for business and its fallout won’t affect their markets after UBS Group AG agreed to buy the ...
One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China’s crackdown
The city's digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
Gallerist Henrietta Tsui-Leung’s insider guide to Hong Kong
We’ll send you a myFT Daily Digest email rounding up the latest Things to do in Hong Kong news every morning. There’s nature in abundance wherever you are in Hong Kong. I live on Hong Kong Island, and ...
HSBC FinFit Study: Financial discipline is key to become downturn winners
In HSBC’s fourth FinFit study, Hong Kong people scored 64 out of 100 in 2022, down from 65 last year and on a downward trajectory since the inception of the study in 2020 when their score reached 67.
Biotech start-up EggLogics develops game-changing technologies to boost in-vitro fertilisation’s success rate
The proprietary technologies developed by EggLogics Limited in Hong Kong are set to optimise the in-vitro fertilisation (IVF) process significantly. A winner of HKTDC’s 2022 Start-up Express ...