Asian equities were mixed but mostly lower overnight as Hong Kong and Pakistan outperformed.
HSBC Buys back ~11.35M Shrs in Total in 2 Days for HKD775M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 11.349 million shares of the company on the UK and Hong Kong markets on Friday (28 June) and yesterday (1 July), i... HSBC HOLDINGS ...
Exiled Hong Kong activists feel strain after bounty imposed on them
Despite being mentally prepared, Hui and Kwok said they felt shocked when the Hong Kong government issued arrest warrants and bounties worth $127,635 for them and the other overseas Hong Kong ...
Chinese investors give Hong Kong the wealth management edge
Hong Kong’s growth as a wealth management centre has surged in recent months following modifications to the Wealth Management Connect regional market access scheme, with banks in the Asian financial ...
Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets
A professor at HKUST has questioned the logic of China’s cryptocurrency mining ban, suggesting that the government should embrace virtual assets amid geopolitical risks.
HSBC to freeze hiring, limits bankers’ travel in cost-cutting drive: Report
Certain business units have been instructed to pause hiring altogether, although this freeze is not intended to affect client-facing roles.
HSBC Freezes Hiring in Some Departments, Asks Bankers to Cut Travel & Entertainment Spending – Rumour
Citing sources, Bloomberg reported that HSBC HOLDINGS (00005.HK) is slowing down hiring, as outgoing CEO Noel Quinn tries to cut costs by asking investment bankers to reduce travel and entertainment ...
HSBC curbs hiring, reins in banker travel in cost-cutting push
HSBC is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest ...
Hong Kong flags retail challenges as May sales slump 11.5% y/y
Hong Kong's May retail sales fell 11.5% from a year earlier, government data showed on Tuesday, reflecting a surge in outbound trips, strength in local currency and a high base of comparison for ...
Hong Kong draws US$4.9 billion in FDI in 2024 with Chinese, US firms leading: InvestHK
Macallan, Geodis, Biren Technology and Uisee are among the 322 companies that set up or enhanced their businesses in Hong Kong in the first half, a 43 per cent year on year jump, InvestHK says.
Analysis-Hong Kong commercial law hub allure damaged by foreign judges row, lawyers say
The resignations of two British judges from China-ruled Hong Kong's highest court not only raise concerns about the rule of law, some lawyers and experts say, but will further undermine confidence in ...
Hong Kong IPOs: PwC cuts 2024 fundraising prediction by 20% to US$10.2 billion
About 80 companies could list in Hong Kong this year, raising a total of HK$80 billion (US$10.2 billion), much lower than the HK$100 billion previously anticipated, PwC says.
Despite Record-Breaking ‘Walled In,’ Hong Kong Box Office Takes First Half Tumble – Global Bulletin
Walled In" earned an all-time record-breaking HK$105 million ($13.5 million) at the Hong Kong box office. But it was not enough to keep the territory's theatrical business on a recovery track. Data ...
Hong Kong retail sales drop 11.5% in May, marking second straight monthly double-digit fall
Government spokesman attributes poor performance to changes in consumption patterns of visitors and residents.