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Category: FINANCE

Posted on 17/08/2023

HONG KONG BACK ON THE WORLD STAGE WITH A BANG

AFTER a tumultuous three years, Hong Kong – Asia’s world city and one of Asia Pacific’s most important financial hubs – is making strides in its post-pandemic recovery.

Posted on 17/08/2023

How HSBC regained its mantle as Asia’s best bank

Despite its roots in the region, HSBC’s Asian woes have sometimes seemed endemic. It has been overly dependent on Hong Kong and too often caught in Sino-US crosshairs. But under co-CEOs Surendra Rosha ...

Posted on 16/08/2023

How HSBC regained its mantle as the region’s best bank

Despite its roots in the region, HSBC’s Asian woes have sometimes seemed endemic. It has been overly dependent on Hong Kong and too often caught in Sino-US crosshairs. But under co-CEOs Surendra Rosha ...

Posted on 16/08/2023

Hong Kong-flagged boxship the first to break out of Odesa

The Joseph Schulte, a 10-year-old, 9,400 teu boxship, will be today’s most watched ship via multiple vessel tracking sites as it becomes the first ship to trial Ukraine’s recently announced ...

Posted on 16/08/2023

Hong Kong stocks descend to 10-week low after JPMorgan, Barclays pare back China growth forecasts amid poor economic data

Hong Kong stocks tumbled to a 10-week low after JPMorgan and Barclays cut their China growth forecasts amid deepening economic woes and lack of effective stimulus. Tencent, JD.com and HKEX declined ...

Posted on 16/08/2023

Asia markets poised to fall as bank stocks retreat under pressure on Wall Street

Asia-Pacific markets are set to fall on Wednesday mirroring moves on Wall Street after a decline in U.S. banks. Shares of JPMorgan Chase and Wells Fargo dropped 2%, and Bank of America dropped 3%. The ...

Posted on 16/08/2023

DDB Group Hong Kong film says have fun with Hang Seng Bank credit card rewards upgrade

Hang Seng has recently strengthened its card proposition by introducing a major revamp to its credit card rewards programme. The newly launched +FUN Dollars programme seamlessly integrates Hang Seng ...

Posted on 16/08/2023

Oversold Hang Seng Called Lower Again On Wednesday

The Hong Kong stock market has finished lower in three straight sessions, retreating more than 650 points or 3.4 percent in that ...

Posted on 16/08/2023

Hang Seng Bank’s profits up 79% in H1; HK$1.1 per share interim dividend declared

Operating profit rose 67% compared to a year earlier. Hang Seng Bank saw its profit attributable to shareholders rise 79% to HK$9.82b in H1, the bank revealed in its 2023 interim results.

Posted on 15/08/2023

Analysis-China trust deficit: crisis spurs shadow banking policy response calls

Zhen and Laura Matthews HONG KONG/NEW YORK (Reuters) -Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to ...

Posted on 15/08/2023

Dentons Hong Kong adds new partner to leverage finance and capital markets capabilities

The well-known law firm welcomes Nicholas Chua as new partner, bolstering its expertise in banking, capital markets and corporate finance both in Hong Kong and across the region.

Posted on 15/08/2023

Hong Kong reverses years of population declines

The population of Hong Kong has risen as the territory dismantled pandemic curbs and the economy bounced back, new figures showed on Tuesday.

Posted on 15/08/2023

Hong Kong’s population rises, reversing years of reporting drops

HONG Kong’s population grew as the city dismantled pandemic curbs and the economy bounced back. Read more at The Business Times.

Posted on 15/08/2023

Heeding Beijing’s call, law firms tone down China risks in IPO applications

Law firms in China are scrambling to comply with Beijing's new guidance to tone down the language used to describe China-related business risks in companies' offshore listing documents, five people ...

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