Thailand's central bank and the Hong Kong Monetary Authority on Monday launched a link for cross-border QR payments, they said in a joint statement.
Hong Kong court delays Evergrande’s hearing on its debt restructuring to January
A Hong Kong court postponed until Jan. 29 a court hearing scheduled for Monday on troubled Chinese property developer Evergrande’s winding-up petition.
Bank of Singapore names Credit Suisse HK chief exec as new GC private banking head
Ricki Chan (陳偉名) was appointed as the head of private banking, Greater China, Hong Kong branch. Teresa Lee (李凱琳), who is the current head of Greater China, Hong Kong branch, will take on the new ...
China Evergrande liquidation hearing in Hong Kong court adjourned to January
A court hearing into a liquidation petition filed against China Evergrande Group was adjourned in a Hong Kong court to next month, allowing more time to finalise a debt restructuring proposal in a ...
Hong Kong stocks approach 13-month low after JPMorgan, HSBC cast doubt over growth hopes into 2024
Hong Kong stocks dropped to the lowest level in nearly 13 months after JPMorgan and HSBC predicted another bumpy year ahead amid economic headwinds. Better-than-expected data on manufacturing activity ...
Hong Kong market indicators show city still ‘brilliant’ global financial centre, John Lee says, despite concerns amid flagging IPO figures
Chief Executive John Lee Ka-chiu has said market indicators show Hong Kong remains a leading international financial centre despite concerns over the city’s appeal amid shrinking IPO proceeds. The ...
Hong Kong minister hits out at claims that city’s days as global financial hub are over
Hong Kong’s status was ‘not a tall building or a monument that can be brought down by pressure,’ treasury secretary Christopher Hui says.
HK’s financial market remains resilient: Hui
Financial services chief Christopher Hui on Friday brushed aside online remarks that Hong Kong is now just a “relic” of an international financial ...
Crypto-focused SEBA Bank rebrands to AMINA Bank
Swiss crypto bank SEBA Bank, which recently clinched the license to offer regulated services in Hong Kong, announced that it is rebranding to AMINA Bank AG. Earlier in August, AMINA Bank– under the ...
Hong Kong reports HK$172 billion fiscal deficit as of October
Hong Kong has logged a deficit of HK$172.9 billion in the first ... 413.9 billion and had earned HK$174.4 billion between April – the beginning of the city’s financial year – and October. After taking ...
Geely’s stalled IPO discounts global expansion
HONG KONG, Dec 1 (Reuters Breakingviews) - Electric-car marque Zeekr, controlled by China’s largest private auto group Zhejiang Geely, has hit a roadblock. It is putting on hold its New York initial ...
Hong Kong stocks hover near one-year low after JPMorgan, HSBC cast pall over growth hopes in months ahead
Hong Kong stocks hovered around a one-year low after JPMorgan and HSBC predicted another bumpy year ahead amid economic headwinds. Better-than-expected manufacturing activity data failed to lift the ...
HSBC Innovation Banking steps up support for innovation businesses
HSBC Innovation Banking, led by specialised teams, harnesses the bank’s global network to drive growth for start-ups and their investors.
More Hong Kong Banks Set to Join Digital Yuan Pilot, Gov’t Confirms
Hong Kong’s government says more banks based in the country are preparing to join Mainland China’s digital yuan pilot.