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Category: FINANCE

Posted on 23/08/2024

HKMA to look into SMEs’ struggles with bank repayments

The Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), Arthur Yuen, will lead a new task force to look into small and medium-sized ...

Posted on 23/08/2024

Bank of Singapore sees Middle East accounting for a fifth of assets over 3 to 5 years

Bank of Singapore aims to grow its business in the Middle East with the region contributing up to 20% of its overall revenue and private banking assets over the next three to five years from around 10 ...

Posted on 23/08/2024

Bank of Singapore sees 20% asset growth in Middle East within 5 years

Bank of Singapore aims to grow its business in the Middle East, with the region contributing up to 20 per cent of its overall revenue and private banking assets over the next three to five years from ...

Posted on 23/08/2024

HSBC HOLDINGS Buys back 3.44M+ Shrs for HKD230M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.4445 million shares of the company on the UK and Hong Kong markets yesterday (22nd), involving a total of HKD230 million. Among ...

Posted on 23/08/2024

Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments

Chinese capital is estimated to hold about HK$2 trillion of stocks, including such bellwethers as the games publisher Tencent Holdings, HSBC and China Mobile. There are precedents for the successful ...

Posted on 23/08/2024

HSBC HOLDINGS Buys back ~5.18M Shrs for HKD336M in Total Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 5.1786 million shares of the company on the UK and Hong Kong markets yesterday (15th), involving a total of HKD336... HSBC HOLDINGS ...

Posted on 23/08/2024

HKEX Bonnie Chan Expects IPO in HK to Rebound, Says HKEX Cautiously Optimistic of Future

Hong Kong's financing activity is rebounding, with 43 IPOs already this year and more in the pipeline, and about 100 companies waiting to go public, said Bonnie Chan, group chief executive at HKEX ...

Posted on 23/08/2024

HSBC Holdings (HSBA) Receives a Buy from Berenberg Bank

In a report released yesterday, Peter Richardson from Berenberg Bank reiterated a Buy rating on HSBC Holdings (HSBA – Research Report), ...

Posted on 23/08/2024

{Hot Stocks}ENN ENERGY(02688) quoted at HK$52.55, down 2.8%

with volume weighted average price of HK$53.9. HSBC SEC BRO (ASIA) accounts for greatest net responsive selling turnover of HK$8.86m, with volume weighted average price of HK$54.002. The stock has ...

Posted on 22/08/2024

{Hot Stocks}SHENZHOU INTL(02313) quoted at HK$64.4, up 3%

with volume weighted average price of HK$63.238. HSBC SEC BRO (ASIA) accounts for greatest net responsive selling turnover of HK$7.3m, with volume weighted average price of HK$63.619. The Hang Seng ...

Posted on 22/08/2024

China Market Update: Hong Kong Rides Q2 Financial Results Higher As Baidu, NetEase, & Bilibili Report

Asian equity markets were mixed despite a stronger US dollar overnight, as Hong Kong outperformed the region, which was led by growth stocks and sectors on light volumes, in advance of Fed Chair ...

Posted on 22/08/2024

Bank of East Asia touts commitment to SMEs as it reports 20% first-half profit slump

Hong Kong's largest family-owned lender, has pledged continuing dedication to the city's small and medium-sized enterprises (SMEs) amid concerns that many such companies are struggling with cash-flow ...

Posted on 22/08/2024

HSBC boss exits on a high after his Hong Kong bet pays off, says ALEX BRUMMER

Noel Quinn's stewardship of Britain's biggest bank HSBC has been brief. Yet in four years at the top he radically changed the shape of the lender.

Posted on 22/08/2024

Hong Kong crypto exchanges face challenges to get full licenses

HONG Kong’s push for a digital-asset hub faces growing pains amid uncertainty over whether 11 crypto exchanges will all achieve full licenses after earlier receiving initial approvals. Read more at ...

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