HSBC HOLDINGS (00005.HK) -0.900 (-1.519%) Short selling $386.96M; Ratio 36.417% announced that it has repurchased a total of 4.8934 million shares in the U.K. and Hong Kong yesterday (16th), involving ...
Hong Kong-flagged vessel briefly blocks Egypt’s vital Suez Canal
A Hong Kong-flagged ship briefly blocked Egypt’s vital Suez Canal on Thursday morning, authorities said, the latest such incident in the busy waterway. According to Leth Agencies, a canal services company that oversees the waterway,
HSBC Mulls Exit From 12 Countries to Focus on Asia Business
In sync with its efforts to further boost its presence across Asia, HSBC Holdings HSBC is weighing exit from at least 12 countries. In an interview with Reuters, the company’s newly appointed chief ...
HSBC Eyes High-single-digit Growth in Asia Wealth Rev. as Medium-term Goal
HSBC HOLDINGS (00005.HK) outlined several medium-term ambitions for its Asia business: high-single digit percentage Wealth revenue growth; mid-single digit percentage lending growt... HSBC HOLDINGS ...
HKeToll: Hong Kong’s Lion Rock Tunnel to start electronic payments on Sunday, but officials admit there will be no immediate cut in congestion
Commissioner for Transport says as drivers become used to system, vehicles will move faster through tunnel HKeToll to go live at 5am on Sunday and officials warn of temporary closure of tunnel in ...
Hong Kong is world’s most crypto-ready jurisdiction, new study claims
Hong Kong is the most crypto-ready jurisdiction in the world, based on the number of blockchain startups per 100,000 people and the number of crypto ATMs proportional to the population, according to a ...
Historic villa in Hong Kong’s Pok Fu Lam acquired by PAG CEO Gradel for US$70 million
Villa Ellenbud, which was built in the 1920s and is a Grade III historic building, has been acquired by Christopher Marcus Gradel, official documents show.
Hong Kong man, 21, sentenced for anti-government bomb plot he participated in as a teen
A young Hong Kong man was sentenced to more than five years in prison for participating in a thwarted bomb plot that aimed to build resistance forces, in a closely watched case involving high school ...
21-year-old sentenced to 5 years for thwarted bomb plot that aimed to build Hong Kong resistance
A Hong Kong man was sentenced to more than five years in prison for participating in a thwarted bomb plot that aimed to build resistance forces, in a closely watched case involving high school students accused of serious crimes following the 2019 anti-government protests.
Fitch lifts Hong Kong banking sector’s outlook to ‘improving’ from ‘neutral’, citing strengthening economic recovery
HSBC, the biggest of Hong Kong's three currency-issuing banks, posted a net profit of US$10.3 billion for the three months ended March 31, compared with US$2.8 billion a year earlier. The bank's ...
China’s Changxin Memory Appoints CICC, China Securities for Local IPO -Sources
HONG KONG (Reuters) - Chinese chip maker Changxin Memory Technologies Inc (CXMT) has appointed investment banks CICC and China Securities as sponsors for its planned domestic initial public offering ...
Cathay Pacific discrimination scandal: is it the tip of an iceberg of low morale, simmering Hong Kong-mainland tensions or just inexcusable bad behaviour?
the recovery of Hong Kong’s tourism industry would be jeopardised. As the airline struggled with a fast plummeting reputation, low staff morale because of drastic pay cuts and cumulative financial ...
HSBC debuts B2B POS financing in Hong Kong
HSBC has launched of point-of-sale (POS) financing for business-to-business (B2B) transactions, a first-to-market banking solution in Hong Kong that enables B2B sellers to offer extended terms of ...
Hong Kong-flagged vessel briefly runs aground in Egypt’s vital Suez Canal, later refloated
A Hong Kong-flagged ship briefly ran aground in Egypt’s vital Suez Canal, though authorities said they were able to refloat it after it momentarily disrupted the waterway