Wall Street major Morgan Stanley is expected to start a fresh round of layoffs globally in the coming weeks, three people with knowledge of the plan said, as dealmaking business takes a hit due to ...
Explainer: What’s behind Hong Kong’s tightening cash conditions?
A weak Hong Kong dollar and capital outflows have pushed the city's interbank rates to 14-year highs and drained cash levels to their lowest in two years, sparking investor worries about Hong Kong's ...
‘The worst is behind us’: Hong Kong hosts top global bankers for finance summit
Hong Kong leader John Lee sought to drum up confidence in the city's future as a global financial hub on Wednesday, as he welcomed some of Wall Street's top executives to its biggest international ...
Our Hong Kong business is ‘as strong as its ever been,’ says Standard Chartered
Bill Winters of the bank says its business in Hong Kong has "never slowed down." Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your ... ( read original story ...)
Hong Kong market’s resiliency backed by long-term strength and fundamentals, says HKEX
Nicolas Aguzin of the Hong Kong Exchanges and Clearing says he believes in the long-term strength of the Hong Kong market due to its "special fundamentals" as an international financial center. ( read original story ...)
Hong Kong Fights to Prove It’s Still a Dominant Financial Hub
Hong Kong officials are pushing to convince the world that the Chinese territory remains the go-to place in Asia for finance after three years of strict Covid restrictions and political upheaval. ( read original story ...)
Cyclone, absences threaten to dull Hong Kong finance meeting
A tropic storm and absences of VIP guests have cast a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel. ( read original story ...)
Hong Kong Summit Surrounded by Drama Before It Even Begins
It hasn’t even officially started yet, but Hong Kong’s long-awaited summit for global bankers is already tinged with drama. ( read original story ...)
September And June Hong Kong Jewelry Shows To Return In 2023 After 3-Year Absence
In another sign the business disruption caused by the pandemic has subsided ... Arguably, the world’s largest jewelry trade fair prior to the pandemic, Jewellery & Gem WORLD Hong Kong (JGW), formerly ... ( read original story ...)
Hong Kong Sept retail sales edge up as travel rules ease
Hong Kong's retail sales nudged up in September helped by improved tourism from eased pandemic restrictions, government data showed on Tuesday, but an official warned that tightened financial ... ( read original story ...)
Hong Kong Summit Kicks Off Overshadowed by CEO Drop Outs, Storm
Global bankers descended on Hong Kong for a major summit as the city seeks to relaunch itself as an international finance center after years of pandemic-induced isolation and a crackdown on dissent. ( read original story ...)
Hong Kong leader John Lee shrugs off absence of 3 top bankers from key financial summit, insists city ‘full of vigour and energy’
Chief executive touts raft of events city will host in coming two weeks, including Hong Kong Sevens and an Asian global health summit Lee says economic activities are returning and unemployment rate ... ( read original story ...)
Hong Kong ‘never left’, the city’s status as global finance hub never faltered during pandemic, JPMorgan’s wealth chief says
'Hong Kong never left. It shouldn't be so hard on itself,' says Mary Callahan Erdoes, the chief executive of JPMorgan Asset & Wealth Management Erdoes credits the city's 'super-connector' role with ... ( read original story ...)
Global Bankers Fly Into Hong Kong Amid Growing US-China Tensions
Some of the biggest names on Wall Street are descending on Hong Kong in their first trip since the pandemic began, defying criticism by US lawmakers amid growing tensions with China. ( read original story ...)