Hong Kong has “resilient” systems to cope with stock market volatility, Chief Executive John Lee has said, as the city’s Hang Seng Index plunged to a 13-year low a day after Chinese leader Xi Jinping ... ( read original story ...)
Hong Kong has always played the role of connecting the East and West, says stock exchange
Laura Cha, Hong Kong Exchange chair, speaks to CNBC's Dan Murphy at the Future Investment Initiative in Riyadh about Hong Kong's status as an "international financial center." ... ( read original story ...)
HSBC names new CFO as Q3 profits fall
HSBC on Tuesday named Georges Elhedery, a former head of its investment bank, as its new chief financial officer in a surprise move that leaves him ... ( read original story ...)
FTSE 100 seen slightly higher, HSBC falls in Hong Kong after results
Spread betting companies are calling London’s blue chip index up by around 11 points but shares in HSBC have fallen around 2.6% in Hong ... ( read original story ...)
Most Asia markets rise on Fed bets as Hong Kong, Shanghai struggle
Hong Kong and Shanghai stocks saw big swings Tuesday following the previous day's rout after Xi Jinping tightened his grip on power in China, while other Asian markets extended gains on hopes the ... ( read original story ...)
China’s Giant Biogene slashes Hong Kong IPO size, valuation -sources
China's Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply lower than its original target of $500 ... ( read original story ...)
HSBC Profits Fall On French Retail Impairment Charge
In a statement to the Hong Kong stock exchange, HSBC said it was looking to offload its French retail arm "as part of our actions to simplify our operations" in Europe adding that it hoped the sale ... ( read original story ...)
HSBC Third-Quarter Profit Beat Forecasts Despite 46% Decline — Earnings Review
By Clarence Leong HSBC Holdings PLC reported third-quarter results on Tuesday. This is what we watched: NET PROFIT: The Asia-focused bank posted net ... ( read original story ...)
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
The Asia-focused lender on Tuesday posted $1.91 billion net profit for the three months to Sept. 30, down from $3.54 billion in the year-earlier period. ( read original story ...)
HSBC beats profit expectations on back of global rate increases
HSBC delivered higher than expected profits on the back of rising interest rates in the third quarter and announced changes to its leadership with the appointment of a new chief financial officer. The ... ( read original story ...)
Hong Kong stocks claw back gains after worst session since 2008, as markets track Wall Street’s advance
The nosedive in Chinese stocks on Monday followed the conclusion of a Communist Party congress in Beijing where leader Xi Jinping gave himself ... ( read original story ...)
Megayacht sparks warnings Hong Kong could become Russia haven
The recent visit of a Russian megayacht to Hong Kong has sparked warnings from corruption investigators that the city could become a haven for oligarchs and officials hiding from Western sanctions. ( read original story ...)
Hong Kong Sevens vs Covid-19: how tournament came back from brink to beat toughest opponent
From cancelled Sevens in 2020 and 2021 to an event proceeding under pandemic constraints, the Post recaps a testing three years. ( read original story ...)
Hang Seng Bank, QFPay HK offers faster loans to SMEs
SMEs need only share their commercial information in the Commercial Data Interchange. Hang Seng Bank has partnered with QFPay HK to offer faster financing to small and medium enterprises (SME) ... ( read original story ...)