The China crypto narrative recently slowed down when banks raised concerns about the anti-money laundering procedures. Hong Kong’s government has been inviting crypto firms to China’s SAR, however, ...
China’s digital currency: Bank of China helps mainland tourists spend e-CNY in Hong Kong at select retailers
Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday with a new shopping festival for people travelling from the mainland It is the bank's third e-CNY trial in the city ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Brace for more mortgage pain as HSBC, Hong Kong peers seen lifting prime rates with the Fed odds-on to tighten policy again
The upshot is that it could help stem capital flight to higher-yielding US dollar assets. HSBC, Standard Chartered, Bank of China (Hong Kong) (BOCHK) and their peers are likely to bump up their prime ...
Hang Seng expands remote account opening service to HK companies with mainland shareholders
Hang Seng Bank is now offering commercial banking e-Sign Service for mainland customers, becoming the first bank in Hong Kong to offer this service. It is also expanding the scope of its business ...
HSB to Offer Commercial Banking e-Sign Service for Mainland Customers
HANG SENG BANK (00011.HK) expressed that, to assist companies that wish to expand their business in Hong Kong, Hang Seng is the first bank in the city to provide mainland customers with a Commercial ...
Brace for more mortgage pain as Hong Kong lenders seen lifting prime rates with the Fed odds-on to tighten policy again
Eleven of 13 analysts surveyed by the Post on Monday expect Hong Kong lenders to increase their prime rates by at least 12.5 basis points next week Higher borrowing costs will burden consumers with ...
June Economic Data Released As Typhoon Talim Closes Hong Kong
Asian equities were mixed overnight, with Hong Kong unexpectedly closed due to Typhoon Talim.
Typhoon Talim sweeps south of Hong Kong, prompting schools, stock market to close
Flights, schools, ferries, and even the stock market in Hong Kong were closed Monday as the city braces for a typhoon expected to make landfall in the neighboring provinces of China.
Hangzhou-based builder ZhongAn Group’s property management unit moves closer to Hong Kong listing, sets price of IPO shares
ZhongAn Intelligent Living, a unit of property developer ZhongAn Group, has finalised the price for its IPO shares, moving a step closer to completing a listing that has been in the works since 2021.
Schools and stock market closed as Hong Kong braces for Typhoon Talim
Schools and the stock market were closed in Hong Kong on Monday as Typhoon Talim swept south of the city. As the financial hub braced for rainy and windy weather, more than 100 people sought refuge at ...
Hong Kong Delays Morning Trading Because of Typhoon Talim
(Bloomberg) -- Hong Kong delayed morning trading of the city’s $5.2 trillion stock market because of typhoon Talim.
Market bounce hands US$6.6 billion to Hong Kong’s super-rich as investors bank on China ‘returning to pragmatism’
The stock market’s best week since January partly contributed to a US$6.6 billion wealth increase enjoyed by the city’s super-rich. Beijing’s return to pragmatism could spur more upside later this ...