Hong Kong's economy grew in the first quarter by 3.1% from a year earlier, official advance estimates showed on Friday, expanding for a ninth quarter.
Capital A Eyes Hong Kong IPO Amid Financial Restructuring
Capital A, parent of low-cost airline AirAsia, is exploring a listing on the Hong Kong Stock Exchange to access broader global capital markets. The move follows its ongoing recovery from financial ...
AirAsia-owner Capital A eyes Hong Kong listing
Malaysia's Capital A, the owner of budget carrier AirAsia, said on Friday it was exploring listing on the Hong Kong stock exchange, as it looks to diversify its access to global markets. The company, ...
Hang Seng Bank rolls out payroll perks for savings-focused users
They do so to achieve financial flexibility, said Hang Seng Bank. Hong Kong adults are saving an average of nearly a third of their monthly income to ensure financial flexibility, according to a ...
HSBC chairman to retire by end of year
HSBC on Thursday said that chairman Mark Tucker will retire before the end of the year, after eight years at the top of Europe's largest bank.
HSBC unveils US$3 billion stock buy-back after first-quarter profit beats estimates
HSBC says in a worst-case scenario, it could book an additional bad debt provision to guard against a potential global economic slowdown.
Hang Seng Survey: Hong Kong Workers Save Nearly 30% Monthly
In a recent survey conducted by Hang Seng Bank, over 400 working individuals in Hong Kong, aged 18 or above, are saving an average of nearly 30% of their monthly income to ensure financial flexibility ...
Hong Kong finance chief revises budget deficit to HK$80.3 billion, down 8%
Paul Chan attributes lower figure to increased stamp duty income on stock trading and lower-than-expected departmental expenditure.
Hong Kong Exchange Operator Posts Record Quarter on Strong Trading, IPO Activity
The stock-exchange operator said Wednesday that net profit jumped 37% from a year earlier to 4.08 billion Hong Kong dollars, equivalent to US$525.9 million.
Hong Kong legislature passes HK$822.3 billion budget bill for 2025-26
Hong Kong lawmakers have approved the 2025 Budget bill, which includes total government expenditure of HK$822.3 billion. The 2025 Appropriation Bill was passed on Wednesday after its third reading in ...
Bank Account Risks Management: Tips for Hong Kong Banking Operations
Bank account risks management in Hong Kong is essential, as financial institutions tighten compliance checks of corporate accounts.
HKEX posts best quarter ever as China’s ‘DeepSeek moment’ spurs IPOs, market’s rerating
Hong Kong Exchanges and Clearing (HKEX), operator of Asia’s third-largest stock market, said its first-quarter profit reached a record high, thanks to more new listings and increased turnover. Net ...
Demand for Chinese stocks lifts Hong Kong exchange’s profits
The exchange also continued to play its role in the internationalisation of Chinese assets. It now permits Chinese government and policy bank bonds held through the Bond Connect scheme — which allows ...
Hong Kong stocks mirror contraction in China PMI data
China’s April PMI falls to 49 from 50.5 in March and short of the consensus estimate of 49.7 Hong Kong stocks fell on Wednesday after an official report showed manufacturing in China contracted in ...