The $500-million superyacht Nord moored in Hong Kong’s harbor on Wednesday following a weeklong journey from the Russian city of Vladivostok. ( read original story ...)
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)
Hang Seng slumps to sub-17,000 finish
Hong Kong stocks sank again Tuesday as traders remained spooked by central bank interest rate hikes to tame inflation, with many fearing they will ... ( read original story ...)
Hong Kong shares dive to 11-year low as China touts ‘zero COVID’
Hong Kong’s stock market has plummeted to its lowest level in more than 10 years after China doubled down on its punishing dynamic “zero COVID” pandemic strategy. The Hang Seng Index on Tuesday ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
HONG KONG, Oct 11 (Reuters) - HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the ... ( read original story ...)
HSBC Expands China Private Banking Network, Launches in Two New Cities
HONG KONG (Reuters) - HSBC Global Private Banking said on Tuesday it had officially launched its business in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share ... ( read original story ...)
Morgan Stanley appoints Badalia as Southeast Asia M&A head
Hong Kong-based Badalia takes over from Jonathan Pflug, who is joining U.S. investment bank Raine Group to lead its coverage in Southeast Asia, Reuters reported last month. Badalia, who has been ... ( read original story ...)
South Korea improving on inequality, Hong Kong slipping: Oxfam
South Korea, Singapore, Tajikistan and the Maldives have made some of the biggest strides in tackling inequality during the COVID-19 pandemic, while Hong Kong experienced one of the sharpest declines, ... ( read original story ...)
HSBC introduces domestic foreign currency transaction through RTGS
The Hong Kong and Shanghai Banking Corporation (HSBC) along with Bangladesh Bank has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the ... ( read original story ...)
Hong Kong Shouldn’t Take a Back Seat to Singapore, Financial Chief Says
Hong Kong’s financial chief defended Hong Kong’s “clear” competitive advantages in financial services, equity markets and green finance and said the city shouldn’t take a back seat to Singapore as a ... ( read original story ...)
US warns Hong Kong against helping sanctioned individuals
The U.S. warned Hong Kong on Monday that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht connected to a sanctioned ... ( read original story ...)
Hong Kong’s financial industry has huge future opportunities: financial secretary
Hong Kong has both "quality" and "quantity" advantages for being a pioneer and a developed market, Chan said in a blog post on Sunday. Compared with other international financial centers, Hong Kong's ... ( read original story ...)
Finance chief remains confident in HK’s competitive advantages
Hong Kong’s “clear” competitive advantages in financial services, equity markets and green finance are expected to create new opportunities for the city’s development, the city’s finance chief said. ( read original story ...)
Chinese skincare firms Giant Biogene, Shanghai Chicmax plan to use Hong Kong IPO proceeds to boost R&D
Giant Biogene and Shanghai Chicmax have been given the green light to launch IPOs in Hong Kong, as they strive to cash in on China’s booming beauty industry. ( read original story ...)