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 ...
The two cities signed an agreement to strengthen the development of banking, insurance, financial derivatives and trade settlement
The two cities signed an agreement to strengthen the development of banking, insurance, financial derivatives and trade settlement.
The subsidiary of the Singapore bank plans to hire 100 bankers and open a new wealth-management centre
DBS Hong Kong, a unit of Southeast Asia’s biggest lender, plans to hire 100 bankers in the next three years and open a new wealth centre next year to capture the growing wealth-management business in ...
BOC Macau reshapes future of privatisations and syndicated loans in Hong Kong
Through its pivotal role in the record-breaking acquisition of Vinda International Holdings by a subsidiary of Singapore’s Royal Golden Eagle (RGE) Group, BOC Macau secured a well-earned award from ...
HSBC: Incoming Tailwinds From HK And MENA
HSBC Holdings is restructuring to prioritize high-return regions like Hong Kong, India, and the Middle East. Check out why I rate HSBC stock a buy now.
HSBC Stock: What’s New?
HSBC’s financials have remained fairly strong. The major banking institution announced earnings for Q1 2025 that exceeded expectations.
Hong Kong, Shanghai to tighten financial ties with alliance at Lujiazui Forum
Financial Secretary Paul Chan will be present for signing of agreement outlining cooperation in ‘multiple layers and fields’, sources say.