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Category: FINANCE

Posted on 05/08/2023

Hutchison Ports & HSBC Sign MOU to Develop HK-Indonesia Maritime Trade

The Hongkong and Shanghai Banking Corporation Limited, through HSBC Hong Kong, signed a Memorandum of Understanding (MOU) with PT Hutchison Ports Indonesia to jointly promote marit... The Hongkong and ...

Posted on 05/08/2023

Hong Kong can help bridge the world’s climate funding gap

Readers discuss Hong Kong's role in transforming global finance, whale watchers and the government's response to the whale sighting Feel strongly about these letters, or any other aspects of the news?

Posted on 04/08/2023

Hong Kong stocks firm after Beijing pledges private sector support, Goldman sees China rally

Hong Kong stocks post gains after China’s central bank pledged more support for the private sector while Goldman Sach’s upbeat assessment also lifted sentiment.

Posted on 04/08/2023

Hong Kong stocks retreat after China’s weak housing data; banks dumped following PBOC’s property support move

Hong Kong stocks were dealt a setback by downbeat China housing data published overnight while banks were under additional pressure after the People’s Bank of China reiterated support for the property ...

Posted on 04/08/2023

Exclusive-China, Saudi in talks for ETF cross-listings to bolster financial ties-sources

China and Saudi Arabia's stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other's bourses, three sources familiar with the matter said, as the countries look to ...

Posted on 04/08/2023

Hong Kong police arrest woman on suspicion of scamming pedestrians out of HK$20,000 in 14 cases

Suspect tells victim she needs money to take her child to doctor and then uses bogus bank transfer records to make them think she has paid them back Woman, 28, linked to 14 reports of street deception ...

Posted on 04/08/2023

Hong Kong stocks post early gains as Beijing pledges private sector support, Goldman sees China rally

Hong Kong stocks jumped in early trade after China’s central bank pledged more supports for the private sector while Goldman Sach’s upbeat assessment also lifted sentiment.

Posted on 04/08/2023

Average annual salary for Hong Kong fresh graduates at HK$300,000, 7.8 per cent jump from 2021

Hong Kong fresh graduates are making HK$300,000 (US$38,400) a year on average, a 7.8 per cent increase from 2021, according to data from the city’s eight publicly funded universities.

Posted on 04/08/2023

HashKey Acquires License to Offer Crypto Trading in Hong Kong

HashKey has become the first crypto exchange to secure a license to provide retail trading services in Hong Kong under the city’s newly-launched cryptocurrency regulations. Hong Kong’s efforts to ...

Posted on 03/08/2023

Hong Kong stocks suffer from overheated bull run as JD.com, Xpeng tumble while HSBC gains on earnings beat

Gains in some of the favourite stocks in Hong Kong showed technical signs of exhaustion, putting the market on alert for a possible reversal. HSBC advanced after its second-quarter earnings beat ...

Posted on 03/08/2023

HSBC Buys Back Nearly 3.96M Shrs for Over $250M Ytd

HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.9569 million shares in the UK and Hong Kong markets yesterday (25th), involving a total of more than HK$250 mill... HSBC HOLDINGS ...

Posted on 03/08/2023

Hong Kong’s New Crypto Regime Awards First Exchange License to HashKey

The first license under Hong Kong’s new crypto regime went to HashKey Exchange, legalizing the retail trading of tokens in the city as officials seek to foster a global hub for the digital-asset ...

Posted on 03/08/2023

Hong Kong Financial-Services Firm Vittoria Files for U.S. IPO

By Colin Kellaher Hong Kong-based financial-services provider Vittoria Ltd. on Wednesday filed with the U.S. Securities and Exchange Commission for ...

Posted on 02/08/2023

How Hong Kong can take its place as the Asian century’s financial linchpin

If Hong Kong is to make the most of the opportunities inherent in this shift, it needs to raise its profile. Just as London evolved into a global financial capital to support the Industrial Revolution ...

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