From April 1, HSBC will keep 48 of its branches open from Monday to Friday, instead of three days a week at present More than 600 of the 1,200 retail bank branches in Hong Kong were temporarily closed ... ( read original story ...)
Tracker Fund names Hang Seng to run Hong Kong’s biggest exchange-traded fund, ending State Street’s mandate
A seven-member supervisory committee chaired by George Hongchoy Kwok-lung named Hang Seng as the winner of a tender to manage TraHK State Street remains the trustee of TraHK, even if Hang Seng has the ... ( read original story ...)
Asia-focused PAG files for Hong Kong IPO seen hitting $2bn
Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year. ( read original story ...)
Hong Kong’s Biggest ETF Gets New Manager as State Street Removed
Hong Kong named a Hang Seng Bank Ltd. unit the manager of its HK$112.79 billion ($14.4 billion) Tracker Fund, replacing State Street Corp. after the U.S. firm last year became embroiled in a ... ( read original story ...)
Hong Kong replaces State Street as manager of largest ETF
A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund of more than $14 billion, the first such ... ( read original story ...)
Hong Kong trading and IPOs hurt by geopolitics, says bourse CEO
A "fragile" geopolitical environment has created challenges for its commodities business, especially nickel, the bourse's CEO said on Tuesday. ( read original story ...)
How banks digitalise services to embrace Hong Kong residents’ needs during Covid-19 pandemic
Strict safety rules, including social distancing, spark surge in demand for internet banking, with banks, such as HSBC, at forefront of innovation to serve customers who want to bank from home ... ( read original story ...)
Geopolitics has hurt trading and IPOs in Hong Kong, says bourse CEO
A "fragile" geopolitical environment has slowed trading volumes and initial public offerings on the Hong Kong stock exchange and created challenges for its commodities business, especially nickel, the ... ( read original story ...)
10 Hong Kong Dividend Stocks to Buy Now
In this article, we discuss 10 Hong Kong dividend stocks to buy now. If you want to see some more stocks in this selection, go directly to 5 Hong Kong Dividend Stocks to Buy Now. After a deep ... ( read original story ...)
Meituan Leads Hong Kong Internet Rebound
Asian equities were mixed as the Hang Seng outperformed, gaining +1.31% led by internet stocks as the Hang Seng TECH Index gained +2.62%. ( read original story ...)
Hong Kong life insurance market value to exceed £73bn in next four years
Hong Kong’s life insurance market value has been pegged to soar over the next few years, driven by the pandemic-era trend to get one’s affairs in order. ( read original story ...)
Tracker Fund may replace State Street as manager to forestall risks to Hong Kong’s pensioners amid rising US-China tension
Hong Kong's Tracker Fund (TraHK) is poised to appoint a manager to replace State Street Global Advisors, a move aimed at mitigating the risk of letting the city's largest exchange-traded fund (ETF) ... ( read original story ...)
Private equity firm PAG seeks US$2 billion from listing as Hong Kong widens IPO market to SPACs, non-traditional firms
PAG has US$50 billion of assets under various investment strategies including credit, absolute return, real estate and buyout Co-founders to hold shares with 10 times more voting power over ordinary ... ( read original story ...)
Alibaba Rises Nearly 4%, While Tesla Rivals Nio, Xpeng Slip: What’s Weighing On Hong Kong Markets Today?
Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Monday, while the Hang Seng Index recovered after a weak start. Stock Movement (+/-) Tencent Holdings Limited (OTC: TCEHY) +3. ( read original story ...)