Numerous pro-democracy activists and government critics from Hong Kong have had their accounts frozen by banking giant HSBC. The actions are raising concerns over China’s growing influence on ...
HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong
HSBC’s commercial customers can issue virtual cards through a portal. HSBC and Mastercard have launched Hong Kong’s first mobile virtual corporate card for commercial customers, according to a press ...
Hong Kong stocks gain as PBOC’s benchmark-rate choice spurs optimism on economy
Stocks pare the week’s losses as central bank’s rate decision hints at sustained recovery in the world’s second-largest economy.
Twin cities seen key to nation’s financial clout, bank chief says
With Shanghai's strong links to the Chinese mainland market and Hong Kong's status as a global financial gateway, the two cities' differentiated strengths form a uniquely complementary partnership ...
Shanghai, Hong Kong sign action plan to tighten financial ties amid rising global challenges
Shanghai and Hong Kong signed an action plan on Wednesday aimed at deepening coordination between the two global financial hubs by ramping up market connectivity and exploring new areas of ...
What China’s Listing Frenzy in Hong Kong Means for Investors
Chinese companies are lining up in droves to list on the Hong Kong stock exchange, sparking a frenzy in a market that has been forsaken by investors and companies for many years.
The new middle class trap: Unsecured loans and social pressure fuel debt in India, Hong Kong and elsewhere
Once seen as engines of economic growth, the middle classes across countries including India and Hong Kong are now struggling to stay afloat as mounting personal debt, stagnant incomes and unchecked l ...
Hong Kong Monetary Authority says outlook for local currency uncertain
The Hong Kong Monetary Authority (HKMA) said on Thursday the outlook for the direction of the Hong Kong dollar and for interbank rates remains uncertain due to carry trades and other factors. The city ...
Alibaba-Backed ‘AI Dragon’ MiniMax Plans Hong Kong IPO
MiniMax is considering an initial public offering in Hong Kong, people familiar with the situation said, in what would be a landmark industry debut for a Chinese AI startup valued at about $3 billion.
Hang Seng Bank: Rate Decline Has Both Positive And Negative Implications
Explore why Hang Seng Bank Limited's risk-reward remains balanced amidst rate changes. Learn about NII, asset quality, and diversification prospects.
Hong Kong could serve as stablecoin test bed amid China’s effort to raise yuan’s profile
Hong Kong’s stablecoins can serve as a testing ground for the mainland, providing both experience and lessons, HashKey Group CEO says.
HSBC names Asia veteran Christopher Chua global M&A head
Europe's biggest bank HSBC appointed Christopher Chua head of mergers and acquisitions on Wednesday, after its former global head left for JPMorgan last month.Chua, who was most recently the bank's ...
Hong Kong to act as launch pad for Chinese companies’ global push in pact with Shanghai
Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore ...
Banu Ladles Up New Hotpot Choice For Hong Kong Investors
A new Hong Kong IPO application by hotpot chain Banu International Holding Ltd. is offering a complex mix of the latest restaurant trends in China, suggesting consumers are becoming more frugal but ...