Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.
HSBC, Manulife decline comment after report that wanted activists barred from accessing pension funds
Financial institutions HSBC and Manulife have declined to comment on a report that two overseas Hong Kong activists wanted under the security law, former lawmaker Ted Hui among them, were blocked from ...
BBMSL & PayMe by HSBC to enhance payment options in Hong Kong
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Warren Buffett’s Berkshire Hathaway cuts its stake in EV giant BYD to under 5%, dropping below Hong Kong’s disclosure threshold
BYD shares fell over 3% in Hong Kong trading on Tuesday, following the disclosure. Shares in the Chinese EV manufacturer are down almost 9% in the past 12 months. Buffett’s 2008 ...
Row over Liu Ma Kee’s use of imported bean curd exposes legal loophole: Hong Kong experts
Lawyer says food safety law and its enforcement was loose for some in-house manufactured food items in wake of Liu Ma Kee fermented tofu row.
Hong Kong police arrest minibus driver after collision in New Territories, 9 injured
A minibus driver in Hong Kong has been arrested after his vehicle collided with a street-sweeping truck in the New Territories, injuring nine people. Emergency personnel were called in on Tuesday after the collision occurred on Pak Wo Road in Fanling at around 1.44pm, according to police.
Hong Kong stocks drift eyeing more China policy support; BYD slips as Buffett cuts stake
Hong Kong stocks watchful amid growing expectations of support after China’s central bank on Monday unexpectedly cut both the near-term policy rate and the loan prime rate.
FSS to enhance regulations on high-risk financial products following HK-tied ELS losses
The Financial Supervisory Service (FSS), the country’s financial watchdog, is considering enhancing regulations on the sales of high-risk financial products as part of efforts to prevent the ...
HANG SENG BANK (00011.HK) Buys Back 200K Shrs for $20.11M
HANG SENG BANK (00011.HK) repurchased 200,000 shares on the Stock Exchange of Hong Kong on 22 July at a price of $99.05-$101.6 per share, involving about $20.11 million, according to the company's ...
A First-Ever I.M. Pei Retrospective Opens at M+ in Hong Kong
A Life in Architecture,' the exhibition covers the Chinese-American architect's decorated career and famously long life.
HSBC Buys back 2.5M Shrs for $167M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased 2.5 million shares of the company on market of the Stock Exchange of Hong Kong yesterday (22nd) at $66.1-67.15 per share, with a weighted average ...
Asia’s First Inverse Bitcoin ETF Set for Launch in Hong Kong
On July 23, the financial landscape in Hong Kong is set to expand with the launch of the CSOP Bitcoin Future Daily (-1x) Inverse Product (7376.HK), marking Asia’s first foray into inverse Bitcoin ...
Cheung Ka-long and Siobhan Haughey to be Hong Kong flagbearers in 2024 Paris Olympics ceremony
Fencer Edgar Cheung Ka-long and swimmer Siobhan Haughey have been named the Hong Kong team flagbearers for the Olympics opening ceremony.
Olympic memory: when ‘desperate’ 2004 table tennis duo won Hong Kong’s second ever medal
It was all about mentality as Li Ching and Ko Lai-chak battled Russians and their own doubts to clinch a podium place.