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Month: June 2025

Posted on 03/06/2025

BofA Securities downgrades HSBC on challenges ‘in a more unstable world’

BofA Securities cut its recommendation on the U.K.-based bank HSBC (NYSE:HSBC), citing "upside and downside risks feel balanced" and "possibility of a lower-for-longer HIBOR". HIBOR, or the Hong Kong ...

Posted on 03/06/2025

Ant International Introduces Tokenized Deposit Solutions for Real-Time Treasury Management with HSBC

Ant International has recently announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong.

Posted on 03/06/2025

Hong Kong firms prioritize Mainland China, South Asia for expansion amid US, Europe trade barriers: Report

A recent HSBC survey indicates that Hong Kong firms are increasingly targeting mainland China and South Asia for business expansion, a move perceived as a shift away from the US and Europe due to ...

Posted on 03/06/2025

20 Start-ups Showcase at Hong Kong Tech Pavilion in VivaTech 2025

Presenting Cutting-Edge Solutions and Innovations and Fostering Global Collaborations through Seminars and Networking Events - The Hong Kong Trade Development Council will bring together 20 start-ups ...

Posted on 03/06/2025

Hong Kong firms favour mainland China, South Asia for growth in snub to US, Europe: survey

Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.

Posted on 03/06/2025

Hong Kong firms favour mainland, South Asia for growth in snub to US, Europe: survey

Half of respondents in an HSBC survey picked mainland China, while one in four chose South Asia as target markets for expansion.

Posted on 03/06/2025

AI Drug Startup Touts Promising Advance in Treating Lung Disease

A drug developed using artificial intelligence showed signs of efficacy in treating an incurable lung disease in what its developer calls a clinical first.

Posted on 03/06/2025

Hong Kong’s real estate market cooled in May, with deals slumping to 3-month low

Transactions fall 11 per cent from a month earlier to 6,434, but value rises 1.3 per cent to US$6.4 billion, according to Centaline.

Posted on 03/06/2025

Mainland help sought in hunt for robbery suspect

Sources said on Tuesday that Hong Kong police are seeking help from their mainland counterparts in the hunt for a suspect in a bank robbery the day ...

Posted on 03/06/2025

HSBC Qatar And Hong Kong Delegation Of Chinese Manufacturing Association Explore Various Opportunities

HSBC Qatar and the Hong Kong delegation of the Chinese Manufacturing Association discussed the different opportunit ...

Posted on 03/06/2025

China, HK shares rise as banks and carmakers rally; trade talks eyed

HONG KONG: China and Hong Kong shares edged up on Tuesday as banking stocks hit record highs and automakers rebounded though investors remained cautious ahead of key developments later in the week. At ...

Posted on 03/06/2025

Hong Kong leader says sudden removal of China’s top official in the city was “normal”

Hong Kong's leader said on Tuesday that China's recent removal of its top representative in the city, known for his hardline policies on national security, had been a "normal" personnel change. In a ...

Posted on 03/06/2025

Hong Kong stocks near 2-month high on ‘likely’ Trump-Xi trade talks

Hong Kong stocks rose on Tuesday, with the benchmark approaching a two-month high amid hopes the US and China will hold high-level talks to resolve the trade dispute.

Posted on 03/06/2025

HSBC Survey: 74% of HK Firms Remain Confident in Expanding Int’l Trade Over Next 2 Yrs

HSBC's latest survey report interviewed over 5,700 international companies, with 74% of Hong Kong companies remaining confident in expanding international trade over the next two years. Most of the ...

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