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Category: FINANCE

Posted on 01/11/2023

ZA Bank opens operating account for OKX Hong Kong, In collaborative effort to support Hong Kong’s Web3 development

ZA Bank, Hong Kong's No.1 virtual bank[1], and OKX, a leading global virtual asset exchange and Web3 technology company, today announced that the bank has opened an operating account for OKX Hong Kong ...

Posted on 01/11/2023

Hong Kong’s 5 ‘finance bro’ types and how to identify them by their outfits

From the client-facing hedge fund guys with their expensive suits and designer shoes to tech bros in polo shirts and sneakers, here’s how to identify Hong Kong’s finance bros by their outfits.

Posted on 31/10/2023

Alibaba, HSBC, BYD lead stock slump in Hong Kong on surprise drop in Chinese manufacturing

The city’s stock benchmark completed a third month of losses. A surprise drop in manufacturing in October means it’s too early to call the bottom in the Chinese economic slowdown, Nomura says.

Posted on 31/10/2023

Skadden, Jia Yuan to Help Launch Hong Kong’s First Billion-Dollar IPO of 2023

Freshfields Bruckhaus Deringer and King & Wood Mallesons have also bagged roles on the much-welcomed transaction.

Posted on 31/10/2023

Hong Kong – Sponsors Still Taking The Rap For Listing Fraud.

Hong Kong - Sponsors Still Taking The Rap For Listing Fraud. Legal News and Analysis - China, Hong Kong - Capital Markets - ...

Posted on 31/10/2023

Hong Kong Economy Grows Slower Than Expected as Recovery Cools

Hong Kong’s economy grew less than expected in the third quarter of this year, suggesting the Asian financial hub’s post-pandemic boost may be fading.

Posted on 31/10/2023

Bank of China Hong Kong expanding e-HKD prepaid pilot to 50 products

It is now inviting customers to participate in the pilot. Bank of China (Hong Kong) (BOCHK) is expanding its hypothetical e-HKD prepaid pilot services to 50 prepaid service products and is inviting ...

Posted on 31/10/2023

Hong Kong stocks hold at 11-month low as HSBC, ICBC lead slump among banks on earnings, property risks

China’s major lenders slumped amid concerns about earnings, with Bank of China and HSBC both missing market consensus in their report cards. BYD erased a 2 per cent drop before its expected record ...

Posted on 31/10/2023

Alibaba, BYD, HSBC lead losses in Hong Kong stocks on surprise drop in Chinese manufacturing

The city’s stock benchmark is set to complete a third month of losses. A surprise drop in manufacturing this month means it’s too early to call the bottom in the Chinese economic slowdown, Nomura says ...

Posted on 31/10/2023

Popularity and use of Hong Kong’s virtual banks is on the rise, finds survey by industry body HKAB

As the public's understanding of virtual banks deepens, the popularity of such lenders will continue to increase, further promoting fintech development in Hong Kong, HKAB says Increased acceptance 'is ...

Posted on 31/10/2023

Hong Kong to help finance Northern Metropolis project with land exchange scheme

Owners can keep land earmarked for new town and build according to zoning uses, but they will be required to pay premium, development chief Bernadette Linn says.

Posted on 31/10/2023

A journey through Hong Kong: Explore the city’s top cultural and financial highlights

Join us as we check out Hong Kong's cultural and financial top spots, taking in the sights and experiences the city has to offer.

Posted on 31/10/2023

Hong Kong Monetary Authority drops major hints on CBDC potential — What you need to know now

The Hong Kong Monetary Authority (HKMA) has released a report elucidating its initial findings after the completion of phase 1 of its pilot program, Project e-HKD. The project was initiated to examine ...

Posted on 31/10/2023

HSBC launches $3-B buyback, profit disappoints on rising costs

HSBC on Monday reported a fresh $3-billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts as spending on technology and operations grew and inflation ...

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