Already the world’s biggest offshore yuan hub, city’s role will increase as liquidity and uses expand, officials and experts say.
China’s Sany Heavy Industry eyes US$1.5 billion Hong Kong IPO, sources say
Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...
China’s Sany Heavy Industry may raise $1.5 billion in planned Hong Kong listing, sources say
Chinese manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to $1.5 billion, two people familiar with the matter said on Tuesday. The people could not be named as ...
HSBC, Standard Chartered may post bumper 2024 profits this week, helped by wealth demand
Both lenders may announce a new round of share buy-backs, with HSBC at US$2 billion and Standard Chartered at US$1 billion, matching last year, analysts said HSBC and Standard Chartered Bank are ...
18 Hong Kong banks join forces to help SMEs weather financial storm
Banks agree to join the customer financial arrangements negotiation mechanism to help resolve funding difficulties.
J.P. Morgan Sticks to Its Buy Rating for BOC Hong Kong (Holdings) (BNKHF)
In a report released on February 14, Jemmy S. Huang from J.P. Morgan maintained a Buy rating on BOC Hong Kong (Holdings) (BNKHF – Research ...
Standard Chartered, HKT, Animoca to form JV for HK dollar-backed stablecoin
Standard Chartered Plc said on Monday its Hong Kong banking division, Animoca Brands and HKT will establish a joint venture to apply for a license from the Hong Kong Monetary Authority for issuance of ...
HSBC lays off about 40 bankers in Hong Kong
HSBC Holdings is letting go of almost 40 investment bankers in Hong Kong, including four managing directors, according to people familiar with the matter.
HSBC investors back CEO’s investment banking retrenchment
By Sinead Cruise, Lawrence White and Selena Li LONDON/HONG KONG (Reuters) - Investors in HSBC are backing management attempts to shutter parts of its investment bank, even as U.S. President Donald ...
‘Hong Kong deficit woes won’t stop funding of Northern Metropolis with bonds’
Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.
UK Held Hong Kong Finance Talks as Democracy Trials Unfolded
The UK stepped up private discussions to deepen financial services ties with Hong Kong, people familiar with the matter said, even as democracy advocates were being jailed there last year.
Hong Kong to press on with Northern Metropolis despite deficit woes: Paul Chan
Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.
Chinese spatial design firm Manycore Tech files for IPO in Hong Kong
Manycore and DeepSeek are part of a group of start-ups, called ‘Six Little Dragons’, that have bolstered the tech-hub status of Hangzhou.
Pandas are pretty, but don’t expect them to solve Hong Kong’s financial woes
It appears – though the numbers published vary a bit – that our government is bleeding money on such a scale that the reserves will be run down in five or six years, placing us in the same boat as all ...