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Category: FINANCE

Posted on 28/11/2023

HK-linked ELS emerges as time bomb in banking sector

A 58-year-old man, surnamed Kang, recently filed a complaint with the Financial Supervisory Service (FSS) as he faces the risk of losing half of his assets after investing in equity-linked securities ...

Posted on 28/11/2023

HSBC Hires UBS’s Anand For Role Serving India’s Rich Diaspora

Gautam Anand was appointed Global Coordinator for Global India, the Middle East, North Africa and Europe from Dec. 1.

Posted on 28/11/2023

The Hong Kong judge who puts fear into China’s deadbeat builders

Find out more about subscription packages here. IN COURTROOM No. 29, a grey, musty cubbyhole of a space wedged into the heart of Hong Kong’s banking district, Judge Linda Chan presides over China’s ...

Posted on 28/11/2023

Hong Kong stocks slide on earnings, China economic woes while small-caps suffer 5% rout in Beijing

Stocks drop towards the lowest level since November 17 as investors keep watch on weakening earnings momentum The BSE 50 index of small-cap stocks in Beijing slumps by a record 5.2 per cent as bourse ...

Posted on 28/11/2023

HSBC Buys back Nearly 6.6M Shrs for $396M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.5968 million shares of the company at HKD396 million yesterday (21st) in the UK and HK markets.Among which, 3.59... HSBC HOLDINGS ...

Posted on 28/11/2023

SU Group Files And Proposes Terms For Micro-IPO

SU Group Holdings Limited has filed for a micro-IPO to raise $5.6 million in gross proceeds. Read more to see our analysis on SUGP Micro-IPO.

Posted on 28/11/2023

Hong Kong exports grew by 1.4 per cent in October, ending 17-month decline

Growth driven by improvement in trade with mainland China and US, with total value of goods sold abroad reaching HK$379.9 billion last month.

Posted on 28/11/2023

FII Institute picks the Post as its exclusive Asia-Pacific print media contributor for its inaugural Hong Kong conference

The invitation to the Post, which marked its 120th anniversary on November 6, underscores its recent investments in coverage and distribution to include the nations of the Gulf Cooperation Council ...

Posted on 27/11/2023

Hong Kong exports grew by 1.4 per cent year on year in October, ending 17-month decline, but authorities warn challenges to persist amid geopolitical tensions

Growth driven by improvement in trade with mainland China and US, with total value of goods sold abroad reaching HK$379.9 billion last month Financial Secretary Paul Chan warns exports expected to ...

Posted on 27/11/2023

Climate change: Hong Kong has unique role to play as China’s offshore capital hub for green finance, says UN envoy

The world’s largest emitter of greenhouse gases must accelerate environmentally friendly projects if it is to transition to a low carbon economy, and this provides an opportunity for Hong Kong, says ...

Posted on 27/11/2023

Hong Kong’s Exports Unexpectedly Grow as China Demand Improves

Hong Kong’s exports rose last month for the first time in more than a year as trade with mainland China improved, providing some optimism for the financial hub’s economic outlook.

Posted on 27/11/2023

BOC Hong Kong(Hldgs) – ADR (BHKLY) Price Target Increased by 7.06% to 58.29

The average one-year price target for BOC Hong Kong (Hldgs) - ADR ( OTC:BHKLY) has been revised to 58.29 / share. This is an increase of 7.06% from the prior estimate of 54.44 dated October 31, 2023.

Posted on 27/11/2023

Hong Kong stocks approach 2-week low as banks, BYD tumble before China data underlining weak recovery, stimulus impact

Stocks approach a two-week low before government reports this week that may underline China’s struggle to revive its faltering economy. BYD tumbles on concerns about price war.

Posted on 27/11/2023

Stressed HK Developers Lure Private Credit as Funding Gap Looms

Private credit lenders are circling distressed property developers in Hong Kong, with a record $23.4 billion of bank loans coming due next year for the downtrodden sector.

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