Category: FINANCE

Hong Kong stocks slumped to the lowest level in almost 11 years on concerns more interest-rate increases by global central banks will crush consumption, damage corporate earnings and push the global ... ( read original story ...)

The Hong Kong Monetary Authority raised its benchmark rate on Thursday after the rate hike of the U.S. Federal Reserve. The Base ... ( read original story ...)

Travel-related stocks advanced, bucking losses in the broader local market, after Hong Kong decided to ease its quarantine measures from September 26. ( read original story ...)

Covid restrictions, interest rate hikes, weakness in the Chinese yuan, and the continuing U.S.-China rivalry have contributed to the financial hub's decline this year. ( read original story ...)

With support from a partnership between educational institutions and HSBC, parents are sending their children to the UK at an earlier stage of their schooling for a better shot at getting into a top ... ( read original story ...)

The bank also adjusted its HKD savings deposit rate to 0.125% pa. Bank of China (Hong Kong) has raised its Hong Kong dollar prime rate to 5.125% per annum (pa) from 5% pa previously. BOCHK is also ... ( read original story ...)

History suggests investors should be wary of more losses in the next one to three months after Hong Kong's commercial banks lifted their prime rates The HKMA warned of more possible rate increases, ... ( read original story ...)

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa. Hang Seng Bank is raising its Hong Kong dollar prime rate to 5.125% per annum (pa), 12.5 basis points higher than ... ( read original story ...)

Singapore has overtaken Hong Kong to become Asia’s top financial center — and the third in the world — according to a new report that puts New York and London in the first and second spots.Most Read ... ( read original story ...)

Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC , to increase their best lending rates. ( read original story ...)

Chatter that President Xi's speech on China maintaining military readiness is said to have weighed on US-China ADRs yesterday though the lack of buyers is the real culprit despite rock bottom ... ( read original story ...)

Paul Hastings, Herbert Smith Freehills and JunHe are among the firms advising on Hong Kong’s largest IPO so far in 2022. Onewo Space-Tech Service, the property management services arm of China real ... ( read original story ...)

HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank raised their best lending rate for borrowers by 12.5 basis points The first increase in prime rates in four years will hurt the ... ( read original story ...)

Having formed partnerships with potential buyers and sellers to better understand their needs, Hong Kong Exchanges and Clearing is building the infrastructure for ‘a first class platform,’ says its ... ( read original story ...)