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.
Hong Kong, Chinese buyers shrug off high prices and interest rates to pile into prime Australian property
Prices in major Australian cities like Perth, Brisbane and Adelaide are at a record-high, up by as much as 11 per cent over the past 12 months, Juwai IQI's Daniel Ho says Foreign buying is surging ...
Hongkongers scammed out of HK$705 million in 9 months by phone cheats, with telecoms companies sending out 117,000 alerts daily
City’s telecoms firms have sent 117,647 alerts daily since May to warn about possible scams from ‘+852’ numbers pretending to be locally based.
Hongkongers scammed out of HK$705 million in 9 months by phone tricks, with telecoms companies sending thousands of alerts daily
Guess who I am' trick still fools people into believing family members in distress need money fast, with 1,822 cases reported in first nine months City's telecoms firms have sent 117,647 alerts daily ...
Hong Kong travel agents seek police help after surge in scammers using bogus social media accounts to cheat customers seeking cheap deals
Victims pay for tickets or travel packages by transferring money to personal bank account but do not receive booking confirmation and cannot contact seller again.
HSBC to Launch Credit Card Anti-fraud Measures in Phases from Dec
Luanne Lim, Chief Executive Officer, HSBC Hong Kong, remarked that online fraud is becoming increasingly serious, and it is necessary to gain customer trust and address criminal activities through ...
Financial contagion warning as HSBC is told to brace for ‘catastrophic’ £6.3billion hit
HSBC earlier this month confirmed it was setting aside £910million to cover expected loan losses, including £412million related to the commercial real estate sector in China - b ...
HSB’s Head of Private Banking Alison Law Reported to Return to HSBC at End-yr
Hong Kong media quoted sources as saying that Alison Law, who previously took charge of HANG SENG BANK (00011.HK)'s Head of Private Banking and Trust Services, will leave the C... Hong Kong media ...
Hong Kong Introduces ADA to Combat Financial Scams and Fraud
The Hong Kong Monetary Authority (HKMA), together with the Hong Kong Association of Banks (HKAB) and the banking sector, support the launch of the ...
Hong Kong to launch China treasury bond futures, cementing its role as ‘world’s leading offshore renminbi hub’
The futures are expected to support greater international participation in China’s equities and fixed-income markets, and further broaden investment and risk-management opportunities in Hong Kong, ...
Hong Kong expects reforms to revive IPO market
Initial public offerings have seen a decline globally in 2023, with fundraising amounting to US$119.2 billion, down by 12% in volume and 35% in proceeds compared to the previous year.
Hong Kong’s Victory Securities to Offer Digital Asset Services in Retail Markets
Hong Kong’s investment management firm, Victory Securities has obtained approval to offer digital asset services to retail clients expanding the country’s number of cryptocurrency licences.
KB under probe for possible 5 tril. won loss through ELS sales in Hong Kong
Bank is under probe by the Financial Supervisory Service (FSS) for the possible loss of nearly 5 trillion won ($3.83 billion) that it could potentially inflict on its customers through ...
Hong Kong’s Cathay Pacific expects first annual profit in 4 years, passenger numbers to reach 95% of pre-pandemic levels
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