Expanding lending to climate tech, industrials, consumer, technology, and healthcare and life sciences through new "HSBC New Economy Fund"* **Rolling out venture debt in Hong Kong** HONG KONG, May ...
Hang Seng on cusp of bear market as China factories cool and JPMorgan says ‘consumer might not get stronger’
The Hang Seng is on the brink of a bear market having fallen nearly 20% from a recent peak after more data showing a slowdown in China.
Hong Kong consumers spoiled for choice as payment platforms offer sweeteners to win users ahead of consumption voucher release
Octopus will distribute 1 million cash coupons for participating merchants which include fast food chain McDonald’s, convenience chain Circle-K and home goods store JHC. The coupons will be given out ...
Hong Kong: ZA Bank to Launch Digital Asset Trading Services for Retail Investors
ZA Bank, Hong Kong’s virtual bank, recently unveiled its plan to introduce virtual asset trading services for retail investors.
Hong Kong stocks touch bear market territory as China’s recovery momentum fades
The Hang Seng index hit a session low of 18,044.86 points. That was 20.5% below its 52-week closing high of 22,688.9 points reached on Jan. 27.
Hong Kong IPO boost: Chinese firms Mobvoi, HighTide plan to raise up to US$500 million amid sluggish year
AI and electronics firm Mobvoi aims to raise up to US$300 million, while pharmaceutical company HighTide targets up to US$200 million amid a lacklustre year for IPOs in the city.
How HSBC’s China battle threatens to ‘heat right back up’
HSBC executives have been reassured by senior figures in China and Hong Kong that the dispute is viewed as commercial, not political — they take comfort from the fact that it has won additional ...
Green finance: Hong Kong should pick the more stringent China, EU yardsticks for defining climate-friendly projects, says think tank
Hong Kong should adopt the more stringent criteria from those used by China and the European Union for defining green and climate mitigation projects to bolster its position as an international ...
Hong Kong and UAE central banks collab on crypto rules, fintech development
Crypto regulations and collaboration on fintech initiatives were among the key points discussed between the central banks of the United Arab Emirates and Hong Kong.
China Fintech Unicorn B2B No.1 Foreign Trade Financial Platform XTransfer Officially Set Foot in Hong Kong
XTransfer, China No.1 B2B foreign trade financial platform*, successfully held its inaugural "B2B Trade Digitization" foreign trade seminar at the InterContinental Grand Stanford Hotel Hong Kong. The ...
Hong Kong consumption vouchers: second instalment coming from July 16, says finance chief Paul Chan, adding long-term scheme ‘difficult’
Finance chief Paul Chan says more large-scale public activities under ‘Happy Hong Kong’ campaign planned to help latest round of vouchers go further.
Exclusive-Credit Suisse Aborts China Bank Plan to Avoid Regulatory Conflict Under UBS-Sources
Credit Suisse had been planning over the last few years to set up a wholly owned local bank in China that would have boosted its presence in the country by allowing it to set up its own branch network ...
UAE Central Bank, Hong Kong Monetary Authority Strengthen Financial Cooperation
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance co ...
UAE Central Bank, Hong Kong Monetary Authority boost financial cooperation
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration ...