Project Ensemble is the HKMA’s wholesale central bank digital currency (wCBDC) project aimed at fostering the development of tokenization in Hong Kong. Under the sandbox, companies can research and ...
HSBC UK Shrs Leap ~3% in Early Session, 0.3% Above HK Closing Price
HSBC (HSBA.L)’s UK shares jumped up 2.9% to GBX712.4 in early trading on Tuesday (29th), equivalent to HKD71.8, 0.3% higher than the Hong Kong closing price of HSBC HOLDINGS (00005.HK) today (29th) of ...
TOP NEWS: HSBC kicks off new buyback after third-quarter profit jumps
Reflecting "strong organic capital generation", Elhedery said HSBC intends to start a new USD3 billion share buyback, after wrapping up one of the same size last week. It plans to complete this new ...
Hong Kong’s ZA Bank Launches Pilot for Crypto Trading Services
Hong Kong's ZA Bank launched a pilot for its virtual asset trading service, aiming to streamline crypto trading for retail investors.
HSBC books 10% profit rise for third quarter, launches US$3 billion buyback
HSBC Holdings posted a 10 per cent rise in third-quarter profit on Tuesday (Oct 29), beating analyst estimates, as its wealth and wholesale banking benefited from slower-than-expected rate cuts while ...
HSBC to Buy Back $3 Billion Shares as Profit Beats Estimates
HSBC Holdings Plc announced a fresh multi-billion dollar stock buyback as it reported better-than-estimated earnings, days after unveiling a major overhaul of its businesses.Most Read from BloombergIn ...
Hong Kong’s secretary for financial services on regulating artificial intelligence
Christopher Hui, the Hong Kong Secretary for Financial Services, says that artificial intelligence is high on the agenda and that there is a need for right governance and oversight over its use in the ...
Hong Kong finance chief Paul Chan leads delegation to Saudi Arabia as city seeks to strengthen Middle East ties
Hong Kong finance chief Paul Chan has departed for Saudi Arabia, leading a delegation from the finance and innovation and technology sectors on a four-day trip to “strengthen and deepen” Middle East ...
Hong Kong home prices decline for fifth month in Sept
Hong Kong's home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to bottom out soon after an interest ...
Hong Kong stocks head for longest winning streak in 4 weeks on better earnings outlook
Hong Kong stocks rose for a third day, putting the city’s benchmark on course for its longest winning streak in four weeks, thanks to optimism that the outlook for corporate earnings will improve. The ...
Hong Kong rolls out policy statement, moves to nurture fintech
HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) government on Monday unveiled a policy statement on the responsible application of artificial intelligence (AI) in the financial market ...
Hong Kong residential, retail properties recover while office sector struggles with glut
Reports of brisk weekend home sales show the housing market will outpace offices in recovery going into 2025, consultancies say.
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b. The Hong Kong Monetary Authority has designated 11 banks as primary liquidity providers (PLPs) for the offshore renminbi (RMB) market ...
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.