Swiss crypto-focused SEBA Bank on Wednesday said it has received an approval-in-principle from Hong Kong's securities regulator that takes it only one step away from offering virtual asset services in ...
Hong Kong Dollar Set for Worst Month Since 1985
(Bloomberg) -- The Hong Kong dollar is poised for its biggest monthly retreat since 1985 as interest rates in the city drop and pessimism toward China’s economy weighs on the stock market. Most Read ...
Chinese bank shares fall on existing mortgages rate cut concerns
Shares in China's banking sector dropped on Wednesday on worries that a reduction in existing mortgage rates will dent the profitability of lenders already reeling from a worsening property sector ...
A Lesson From Hong Kong For Those Who Worry China Hides Bad News
According to Washington Post columnist Catherine Rampell, “The Chinese economy has hit a rough patch.” On their face, comments like these always rate a raised eyebrow: I can’t measur ...
SEBA Hong Kong Awarded Approval-in-Principle by Hong Kong Regulator to Conduct Licensed Crypto Related-Services
HONG KONG--(BUSINESS WIRE)--SEBA Bank, a full-service, global crypto bank providing financial solutions for the digital age (wealth management, investment, trading, and advisory services), has today ...
New 13-member Hong Kong task force set up as part of efforts to boost turnover of sluggish stock market
Group will comprehensively review stock market liquidity, including scrutinising the listing regime, market structure and trading mechanism.
China’s largest bank trading near record low valuation on margin woes
China’s biggest lender is likely to report slower earnings growth, dragged by weak margins and fee income, according to Bloomberg Intelligence analyst Francis Chan.
China’s Bank of Communications to discuss changing existing mortgage rates: Report
BEIJING: China's Bank of Communications (BoCom) plans to host an internal meeting on Wednesday (Aug 30) to discuss changing rates charged on existing mortgages, financial media outlet 21jingji.com ...
HSBC Buys Back Almost 4.65M Shrs for $275M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6467 million shares in the UK and Hong Kong markets yesterday (17th), involving a total of HK$275 million.Of the... HSBC HOLDINGS ...
Agricultural Bank of China issues profitability warning even as it posts higher-than-expected interim gain
Bank of China (Hong Kong) and Industrial and Commercial Bank of China, will release their interim earnings on Wednesday. ABC shares rose 2.7 per cent to close at HK$2.67 on Tuesday evening. The ...
BOC Hong Kong (Holdings) Limited (BHKLY)
Overall score is calculated based on proprietary scores based on sector averages in key company indicators: fair value, dividends, innovation, hiring, and insider sentiment. Note: if you don't see ...
China companies’ fundraising options narrow after IPO restrictions
China's surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market will cloud the fundraising plans of hundreds of companies and will ...
Hong Kong Financial Secretary Positive That Blockchain and Web3 Will Lead Next Digital Growth
Paul Chan Mo-po, the financial secretary for Hong Kong, has reiterated his unwavering support for blockchain technology and named it as the forthcoming driver for "breakthrough growth" in the digital ...
Hong Kong Monetary Authority signs MoU with AFRC
The Hong Kong Monetary Authority (HKMA) and the Accounting and Financial Reporting Council (AFRC) entered into a new memorandum of understanding (MoU) on 17 August, superseding the one signed on 19 ...