The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) are planning to launch a pilot next year to link up the fast payment systems of mainland China and Hong Kong, according to ...
Hong Kong’s goal of retaining 50,000 talent scheme visa holders is ‘extremely low’: lawmaker
Legislator Jesse Shang Hailong also says the low bar may send the wrong message that the city has limited opportunities.
HSBC third-quarter results beat forecasts; bank dismisses rumours about unit spin-offs
Net profit rose 9 per cent to US$6.13 billion in the quarter that ended on September 30, exceeding market forecasts HSBC's new CEO dismissed rumours that the bank will spin off some business units, as ...
Hong Kong start-ups eye funding under new accord with Beta Lab of Saudi Arabia
Start-ups with expertise in artificial intelligence, biotech and green energy can contribute to Saudi Arabia’s economic diversification agenda.
Hong Kong home prices slump to the lowest level in 8 years, but rents rise
Hong Kong’s lived-in home prices fell by about 1.7 per cent in September to their lowest level since August 2016, as the impact of interest-rate cuts has yet to filter through to the faltering ...
Hang Seng Strengthens Financial Collaborations in the Middle East In Partnership with Hang Seng Investment and Hang Seng Indexes Company
As the largest domestic bank in Hong Kong, Hang Seng is proud to be a part of the Saudi Arabia delegation, alongside the Honourable Paul Chan Mo-Po, Financial Secretary of the Government of the Hong ...
Hongkong Land Shifts Strategy to Focus on Commercial Property
The biggest landlord in Hong Kong’s financial district is shifting its strategy to focus on commercial property management, a move that will eventually see the company set up real estate investment ...
HSBC Sees Trading Boost in Hong Kong on China Stimulus Measures
HSBC Holdings Plc signaled stronger trading activity after China unveiled stimulus measures to spur its economy, boosting client transactions.
HSBC Pops Higher On Forecast-Beating Q3, New Buyback Programme
Revenue and profit beat projections thanks to strength at HSBC's Wealth and Personal Banking — and Global Banking and Markets — units.
HSBC’s third-quarter profit tops estimate, launches $3 billion buyback
HSBC Holding posted a 10% rise in third-quarter profit on Tuesday, beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts while it embarks on one ...
Hong Kong’s sexual violence survivors wait 1,537 days before seeking help, study finds
RainLily publishes study covering 1,984 cases handled by NGO, with victims waiting more than four years on average before seeking help.
Circle partners with HKT to drive blockchain loyalty solutions in Hong Kong
Circle has partnered with HKT to develop innovative blockchain loyalty solutions for merchants in Hong Kong, enhancing customer engagement.
Hongkong Land to exit build-to-sell business, pivot to fund management, eyes Reits
It intends to grow assets under management from US$40 billion today to up to US$100 billion by 2035. Read more at straitstimes.com.
HSBC reports $8.5b pre-tax profit in third quarter
Structural overhaul – Last week, HSBC said it would simplify its structure and split into four distinct parts starting next year: Hong Kong, UK, “corporate and institutional banking” plus ...