Hong Kong is running an uphill battle as the government seeks to kick-start an economy that recorded its third annual contraction in four years. Hong Kong’s labor market has seen its sharpest drop on ...
Hong Kong property deals likely to dip in April as used home sales lose ground, says Ricacorp
The number of deals is likely to dip slightly after a three-month rally pushed transactions to a 20-month high in March The second-hand market will see its market share fall as buyers are drawn to new ...
Hedge Fund Snow Lake Quits Hong Kong After More Than a Decade
China-focused hedge-fund firm Snow Lake Capital Ltd. has left Hong Kong after 12 years of operating in the city, people familiar with the matter said.
Hong Kong intervenes to defend currency peg amid capital flight as Fed’s tightening bias surprises markets
The HKMA bought HK$7.1billion (US$905 million) on April 4 and sold the equivalent amount of US -currency to protect the currency trading band Traders have raised bets for a -50-basis point increase at ...
Hong Kong Intervenes in FX Market For First Time in Seven Weeks
The Hong Kong Monetary Authority bought the local dollar for the first time since mid-February after the currency slid past the weak end of its trading band.
Chinese Unicorn XTransfer Expands in Hong Kong Amid Fintech Recovery
XTransfer, a cross-border transactions and financial risk management startup backed by D1 Capital Partners, is expanding in Hong Kong to lure merchants as China’s fintech companies emerge from a lull.
Hang Seng delivers Leo Paper green financing
Hang Seng Bank has delivered a green receivables financing solution for Leo Paper Group, with an export credit insurance provided by Hong Kong Export Credit Insurance Corporation (HKECIC) that ...
Jockey Club supports Hong Kong Sevens to promote the city’s sports development
The Hong Kong Jockey Club offers its warmest congratulations to the Hong Kong Rugby Union on the success of the Hong Kong Sevens, which concluded this evening (2 April) with an awards ceremony at Hong Kong Stadium.
Hang Seng Bank offers free taxi rides as part of rebranding campaign
Hang Seng Bank is offering free taxi rides for Hong Kong citizens, inviting the local community to "hop aboard" the new wave of its "Ever Growing, Ever Rewarding!" celebration. This comes as the brand ...
China urges U.S. to stop interfering in Hong Kong affairs: FM
China urges the US side to immediately stop issuing annual reports of Hong Kong and stop interfering in Hong Kong affairs and oth
HSBC forced to defend SVB UK deal to fractious Hong Kong shareholders
We’ll send you a myFT Daily Digest email rounding up the latest HSBC Holdings PLC news every morning. HSBC chair Mark Tucker has been forced to defend the purchase of Silicon Valley Bank’s UK business ...
Syngenta’s US$9.5 billion IPO in China remains in limbo after unexplained last-minute cancellation of listing meeting
The seed and agrichemical producer, controlled by China National Chemical Corp, has received no official explanation, nor any word on next steps, leaving traders to speculate about the reason behind ...
Hotpot ingredient supermarket considers US$500 million HK IPO, sources say
Co, a hotpot and barbecue ingredient supermarket chain, is considering a Hong Kong initial public offering that could raise US$300 million to US$500 million, according to people familiar with the ...
Lawmakers support Hong Kong plan to introduce safety net for policyholders faced with insurer collapse
Lawmakers showed their support for the Hong Kong government’s proposed compensation scheme aimed at protecting policyholders who would get up to HK$4 million (US$636,942) per policy in case an insurer ...