Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation ...
Explainer – what is the ‘dual-counter model’ and why should investors care about Hong Kong’s latest equity innovation?
The yuan share trading counter programme, initially covering 24 stocks with US$154 billion market capitalisation, will attract both mainland and international investors Hong Kong has close to 1 ...
Most Hong Kong stocks slip before weaker China factory, retail data while traders bet on Fed rate pause
Most blue-chip stocks weaken before reports signalling a slowdown in industrial production and retail sales in China. Traders bet the Fed will pause after raising its key rate in the past 10 ...
Hong Kong accountant reports losing HK$27 million as city marks surge in investment scams
Scam trend continues as victims aged 14 to 86 report losses totalling HK$708.6 million from January to April Cryptocurrency scams rose, with victims reporting losses of HK$416.6 million; more ...
As retail investors rush back into Hong Kong stocks, market bulls face Fed test and strategists warn of pitfalls
Retail investors have been buying Hong Kong stocks amid market weakness, while more funds pour into exchange-traded products tracking technology stocks. That optimism will be tested by the Fed rate ...
Hong Kong taking lead role in globalisation of renminbi with expansion of bilateral trading and new products: finance chief
Financial Secretary Paul Chan says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in city, ...
Week In Review: Shanghai HighTide Therapeutics Files For Hong Kong IPO
Summary Shenzhen HighTide Therapeutics filed for an IPO on the Hong Kong Exchange to develop a portfolio of novel multifunctional drugs for metabolic and digestive diseases.Shanghai Fosun Pharma will ...
Hong Kong takes leading role in globalisation of renminbi with expansion of bilateral trading and new products, finance chief says
Financial Secretary Paul Chan says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in city, ...
Hong Kong takes leading role in globalisation of renminbi with expansion of bilateral trading and new products
Financial Secretary Paul Chan Mo-po says move will mitigate risks arising from global political and economic changes Hong Kong fully committed to widening the range of offshore yuan asset options in ...
‘HK must play key role in RMB’s internationalisation’
Financial chief Paul Chan said on Sunday that Hong Kong must seize the opportunity to develop offshore renminbi businesses as the currency’s ...
3 arrested in Hong Kong after 4,400 dodgy credit card transactions made to buy HK$2.7 million worth of goods for resale
Suspects, aged 20 to 29, were handling infant formula and laundry detergent at a warehouse in Sheung Shui when officers disguised as couriers tracked them down Goods bought at online shops of Hong ...
Dalian Wanda vows legal battle as Chinese court freezes US$270 million worth of shares amid stalled Hong Kong IPO
Dalian Wanda Group is ‘confident in defending’ against the freeze but faces liquidity concerns following repeated failures by its unit Zhuhai Wanda Commercial Management Group to get approval for a ...
Coffee Company Tied to Pop Star Jay Chou Postpones IPO
One of Asia's biggest pop singers apparently wasn't a big enough draw to get an IPO over the line. Star Plus Legend Holdings, which makes a type of diet coffee, said it was postponing a Hong Kong ...
Hong Kong’s era? Top finance officials flex city’s offshore yuan hub muscles at Caixin summit, Shanghai’s Lujiazui Forum
Hong Kong can play a crucial role of a platform for China and collaborations with foreign countries' in post-Covid era, Paul Chan tells Caixin summit Hong Kong can 'do lots of jobs' when it comes to ...