Citigroup Inc said on Monday it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc. The deal ...
HSBC buys Citi’s US$3.6 billion China retail assets in expansion
HSBC Holdings agreed to buy Citigroup’s retail wealth management portfolio in mainland China, adding to its expansion in the world’s second-largest economy. Read more at The Business Times.
Citigroup Plans To Exit China’s Consumer Wealth Sector; To Sell Business To HSBC
US-headquartered Citigroup Inc has announced its plan to exit China. On Monday, Citigroup said that it had agreed to sell its China consumer wealth portfolio, including clients, assets under ...
Hong Kong should lead the crackdown on wildlife smuggling and exotic pets
Hong Kong can make a big difference to its international standing by choosing the right issue to champion. It must be a significant global matter, and Hong Kong must be able to make a major ...
Green tech: Alibaba-backed Hong Kong compostable tableware maker Ecoinno seeks US$48 million to expand capacity
Ecoinno, a Hong Kong green-technology start-up, is seeking to raise US$48 million by the end of the year to fund its plant-based compostable containers factory, to meet a growing demand for such ...
Hong Kong’s John Lee vows deeper ties with Asean, underscoring city’s unique role as gateway to mainland Chinese markets
Chief executive addresses Hong Kong - Asean summit 2023, stressing move to proceed with forum despite Typhoon Koinu shows commitment to partners He calls for visitors to city to experience 'the energy ...
Hong Kong halts trading, closes schools post-typhoon
Asian finance hub Hong Kong halted trading at its stock exchange on Monday and closed schools, after Typhoon Koinu generated torrential rainfall overnight.Due to the storm warning, trading at the city's stock exchange was suspended in the morning session,
Hong Kong Halts Morning Trade; Looks to Lower Storm Warning Before Midday
Hong Kong stayed largely closed Monday morning, with stock market trading halted and schools suspended, as gale force winds and torrential rain from departing Typhoon Koinu continued to affect the ...
Thai prime minister in Hong Kong to meet business leaders, officials in bid to ‘promote country and encourage investment’
Srettha Thavisin meets former Exco convenor Bernard Chan, as well as other prominent figures and tycoon Allan Zeman.
Remnants of Typhoon Koinu bring floods to Hong Kong
Hong Kong ordered people to stay indoors, shut schools and closed the stock exchange on Monday as the remnants of Typhoon Koinu caused floods just a month after the city was paralysed by ...
Hong Kong developers hit by Federal Reserve’s ‘higher for longer’ interest rates
Hong Kong’s largest developers have shed a fifth of their market value this year, as the city’s dollar peg forces it to match the Federal Reserve’s “higher for longer” approach to interest rates.
WTA Hong Kong, Hong Kong Women Singles 2023 Player Betting Odds & Tournament Info – Women’s Singles
Mirra Andreeva is the bookmaker’s pick to win (+400) in the qualifying round of the 2023 WTA Hong Kong, Hong Kong Women Singles 2023 at Victoria Park Tennis Centre in Hong Kong, Hong
Hong Kong e-HKD trials explore ‘interesting use cases’ of digital currency in payments, investments: HKMA boss
Programmable payments to protect consumers' cash and tokenised assets are some of the scenarios in trials, Eddie Yue says The relevant players need more experience with the digital currency before a ...
Hong Kong and Australia set for stronger start; China returns from Golden Week
Futures for Hong Kong’s Hang Seng index stood at 17,724, pointing to a stronger open compared to the HSI’s last close of 17,485.98. On Friday in the U.S., all three major indexes rallied after the release of stronger-than-expected U.S. jobs data and a pop in Treasury yields.