Chinese regulators tightened measures for domestic and foreign institutional investors in stem the stock market rout after China's benchmark CSI 300 slumped to a 5-year low last week ...
Hong Kong savings safety net to expand by 60% to protect US$102,270 in event of bank failures
The Hong Kong Deposit Protection Board aims to have the change implemented by the fourth quarter of this year Protection level will be in line with UK and Germany, higher than mainland China and ...
Hong Kong Government Markets Multi-Currency Digital Green Bonds
the Hong Kong dollar, the US dollar, and the euro, respectively, with the size of the issuance to be determined, according to people familiar with the matter who requested anonymity discussing private ...
HSBC Holdings PLC ADR HSBC
HSBC has cost advantages and significant intangible assets in its core market of Hong Kong that help it generate strong earnings there even when the local economy is weaker. HSBC has operations in ...
Hong Kong to Raise Protection on Bank Deposits to HK$800,000
Hong Kong will raise its guarantee on bank deposit savings to HK$800,000 ($102,000) starting at the earliest in the fourth quarter of this year to provide a better buffer during times of stress. At a ...
Hong Kong’s Leader Channels Anger Over Messi Event Toward Organizer
Hong Kong’s leader sought to blame the organizer of Inter Miami’s visit to the city for controversy over Lionel Messi’s failure to play during a much-hyped exhibition game.Most Read from BloombergKing ...
Hong Kong church Island ECC acquires floors in building home to famous Sunbeam Theatre as its ‘permanent home’
The church has secured several floors at 413-423 King's Road as its 'future permanent home in Hong Kong', it says Local media reports in November said the floors were sold for HK$800 million (US$102.
Hong Kong stocks lifted by regulator pledge to stem the rout and stepped-up buying by China sovereign wealth fund
Hong Kong stocks rose on Tuesday after CSRC pledged a slew of measures to stem the rout and the nation’s sovereign wealth funds boosted buying of onshore shares.
Hong Kong needs to more closely vet private sector event promoters who get public funds in wake of Lionel Messi anger, analysts say
Lawmaker Elizabeth Quat says events that leave fans disappointed risk reputational damage as well as public cash Tatler Asia announces it will withdraw its HK$16 million application for government ...
AI scammer deepfaked CFO of company, scammed $25.6 million in a single meeting
This thief used AI deepfake technology where he faked being the Chief Financial Officer (CFO) of the UK branch, scamming $25.6 million USD.
Markets mixed after Wall St losses, Shanghai and Hong Kong rally
Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch ...
Hong Kong hates Messi – and he deserves it
Football star leaves tens of thousands of fans outraged and entire city disappointed after sitting out much-anticipated exhibition match Messi accused of being uncooperative, snubbing officials and ...
Five Things You Need to Know to Start Your Day: Asia
Officials imposed caps on some brokerages’ cross-border total return swaps with clients, limiting a channel that can be used by China-based investors to short Hong Kong stocks. At the same time, some ...
With Article 23 national security law, Hong Kong people have nothing to fear
Most of the heavy lifting was done when the 2020 national security law was enacted but unfinished business remains The proposed offences will only be prosecutable if the traditional criteria are ...