The White House and U.S. politicians join others around the world in calling for the release of a retired archbishop, singer and others in the Chinese territory. ( read original story ...)
Hong Kong Spends $202 Million to Defend Currency Peg
The Hong Kong Monetary Authority dipped into its foreign-exchange reserves for the first time in three years to shore up the local currency against a surging greenback. ( read original story ...)
Hong Kong central bank steps in to support weakening currency, first intervention since Oct. 2020
bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening and breaking its peg to the U.S. dollar, the de-facto central bank's first intervention in 18 ... ( read original story ...)
HKMA buys HK$1.6 billion from market as currency hits weak end of trading band
Hong Kong's de-facto central bank bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening and breaking its peg to the U.S. dollar, the first time it has ... ( read original story ...)
Poilievre’s ‘full frontal assault’ on BoC a part of his anti-establishment strategy: Nanos
Reports say Canadian singer and activist Denise Ho is one of at least four people who have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China's national ... ( read original story ...)
New York-listed KE Holdings debuts on Hong Kong stock exchange
unlike a traditional initial public offering (IPO). The company's decision to list in Hong Kong, which is a dual primary listing, came after KE Holdings was added on April 22 by U.S authorities to a ... ( read original story ...)
Reports: Hong Kong arrests Roman Catholic cardinal, others
Hong Kong authorities arrested a Roman Catholic cardinal, a singer and two others on Wednesday on suspicion of colluding with foreign forces to endanger China's national security, reports said. ( read original story ...)
New York-listed China property platform KE Holdings debuts in Hong Kong
Chinese property platform KE Holdings debuted on the Hong Kong Stock Exchange on Wednesday, becoming the second New York-listed firm recently to carry out a so-called listing by introduction.Shares in ... ( read original story ...)
HSBC Holdings Regulatory News
The Hongkong and Shanghai Banking Corporation Limited and the Bank of Communications Co. Ltd. (BoCom) are in advanced discussions to transfer their existing joint credit card activities in China to a ... ( read original story ...)
Chinese Online Platform KE Holdings Starts Trading in Hong Kong
KE Holdings Inc., a Chinese online property platform backed by SoftBank Group Corp., listed in Hong Kong without raising funds as it expands its investors base amid a risk of being kicked out of the U ... ( read original story ...)
Hong Kong Cards and Payments – Opportunities and Risks to 2025
The proliferation of digital-only banks is likely to create competition in Hong Kong’s banking sector. Standard Chartered partnered with telecommunication companies PCCW and HKT as well as tourism ... ( read original story ...)
Hang Seng Encourages Hong Kong’s Youth to start “Trial mode*” with “Trial & Error”
HONG KONG SAR - Media OutReach - 10 May 2022 - Hang Seng Bank understands the importance of nurturing the youth and is committed to launching new services and products for all young customers to meet ... ( read original story ...)
KPMG, Deloitte, PwC, HSBC among western firms congratulating Hong Kong’s new leader
By Jerome Taylor and Su Xinqi Western multinationals and local tycoons published newspaper adverts congratulating John Lee on becoming Hong Kong’s next leader, following a rubber-stamp selection ... ( read original story ...)
Is the dollar peg still in the Hong Kong economy’s best interest?
But if the HKMA's commitment to the Hong Kong dollar peg did not oblige it to follow the Fed, tighter monetary policy might not necessarily be the best approach for the city's economy right now. ( read original story ...)