Chinese households are poised to deploy some 50 trillion yuan (US$6.5 trillion) of excess savings into stocks in Hong Kong and elsewhere.
HSBC Qatar and the Hong Kong delegation of the Chinese Manufacturing Association explore opportunities in Qatar
HSBC Qatar and the Hong Kong delegation of the Chinese Manufacturing Association discussed the different opportunities for collaboration in bringing manufacturing to Qatar. The two-way collaboration ...
Hong Kong’s New World Development Tumbles On Bond Payment Delays Amid Debt Troubles
New World’s decision to defer interest payments on several bonds triggered a 6.5% drop in its shares on Monday.
Hong Kong Launches AI-Powered Green Education Initiative GEEP Ahead of COP30
Hong Kong has taken a significant step towards fostering sustainability and innovation with the launch of the Green Entrepreneurial Education Project (GEEP). Convened by Prof. Shirley Yeung, the ...
Dubai Aerospace signs $300mln 3-year term loan
Dubai Aerospace Enterprise Ltd. has signed a $300 million three-year unsecured term loan with Bank of China (Dubai) Branch, Bank of China Limited, London Branch and Bank of China (Hong Kong) Limited.
HSBC HOLDINGS Poised to Inject USD4B into Private Credit Funds: Report
HSBC HOLDINGS (00005.HK) is set to inject USD4 billion into its private credit funds, according to Reuters. The bank revealed that it would invest the cash into HSBC Asset Management's alternative ...
Hong Kong lawmakers support MPF change to make accounts fully portable
Letting members move their full portfolios to new providers would promote proactive management and competition, official says.
Hong Kong property firm New World’s securities tumble after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments on its perpetual bonds, increasing concerns about ...
Hong Kong’s New World sees its shares and bonds slide after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments scheduled for June on its perpetual bonds, ...
New World’s Distress Worsens After Shock Delay on Bond Interest
Hong Kong developer New World Development Co. is sliding deeper into distress after jolting investors by delaying interest payments on some bonds, marking the latest flashpoint in a years-long crisis ...
New World Development’s Shares Tumble After It Defers Interest Payments
Shares of Hong Kong property developer New World Development tumbled after it said late Friday that it plans to defer interest payments on four of its perpetual securities. Its shares fell 7.5% to ...
Visa launches Click to Pay in Hong Kong with ZA Bank, the first issuing bank in Asia Pacific
Visa, a global leader in digital payments, today announced a significant advancement that will transform the eCommerce experience. Hong Kong's first and ...
Hong Kong activist challenges China’s Tiananmen taboo from exile in Taiwan
Fu Tong and his wife Elaine To were among the first demonstrators in Hong Kong to be charged with rioting in 2020 after pro-democracy and anti-China protests started in 2019 in the former British ...
Hong Kong to stick with 2% to 3% growth goal despite strong first quarter: Chan
Financial Secretary Paul Chan says stronger-than-expected 3.1 per cent growth year on year in first quarter ‘exception’ rather than norm.