Hong Kong was already a city of masks by the time I arrived ... It was no longer a city where the cricket club was next to the HSBC building. It was no longer a city of a radical media, where in 1871 ...
Asian Markets Take Breather From Banking Turmoil, Capping Tumultuous Week
China's bluechips increased 0.8% and Hong Kong's Hang Seng Index surged 1.2%. S&P 500 futures eased 0.1% and Nasdaq futures were flat after major U.S. stock indices rallied hard on easing fear of a ...
Fresh jitters about banking sector send HSI lower
Hong Kong stocks tumbled on Thursday on fresh fears over the banking sector following the collapse of two US lenders at the weekend, while traders ...
Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong
8439) is a leading financial group in Hong Kong with an established track record in the corporate finance advisory space in Greater China. Signum Digital Limited, ("Signum Digital") is the joint ...
People’s Bank of China to Issue 5 Billion Yuan Worth of Bills in Hong Kong
(MENAFN) The People's Bank of China has announced its plan to issue 5 billion yuan (about 723 million U.S. dollars) worth of bills in Hong Kong on Tuesday. The bills will have a maturity of six months ...
Hong Kong needs to build ESG talent pool to shape standards acceptable to both Asian and western issuers and investors, forum told
Shortage of ESG talent is global, because green finance has developed so quickly, acting secretary for financial services and the treasury says Financial Secretary Paul Chan says city will host ...
Asia regulators move to shore up confidence as banking concerns mount
SYDNEY/HONG KONG (Reuters) -Asian policymakers and regulators sought to reassure investors on Thursday about the resilience of their banking systems and played down contagion risks after a crisis of ...
HSBC, AIA pace Hong Kong stock losses amid Credit Suisse, SVB turmoil while Baidu slides as ChatGPT-like debut underwhelms
Credit Suisse to borrow up to 50 billion Swiss francs (US$53.7 billion) from the central bank to stem a confidence crisis Baidu crashed 6.4 per cent after unveiling its ChatGPT-like rival bot to much ...
China, Hong Kong stocks fall as growing banks turmoil unnerves investors
China and Hong Kong stocks fell on Thursday, weighed by new energy and oil stocks, as Swiss regulators’ unprecedented move to pledge a liquidity lifeline to top lender Credit Suisse stoked fears of a ...
Domino’s Pizza Franchiser DPC Dash Looks to Tap Hong Kong IPO Market
DPC Dash Ltd., the operator of Domino’s Pizza in China, is seeking to test investor’s appetite through an initial public offering in Hong Kong. The company, which postponed an IPO in December due to ...
Digital Banking: Hong Kong’s livi Bank Launches New Business Service to Empower SMEs
livi bank, which claims to be one of Hong Kong’s leading lifestyle and technology-driven virtual banks, recently announced the full launch of livi Business, which is described as its game-changing ...
Hong Kong stocks slump amid Credit Suisse sell-off as stress from SVB, other US bank failures clouds Fed rate path
Banks led losers in early trading. HSBC slipped 3.2 per cent to HK$53.40, while its subsidiary Hang Seng Bank declined 2.1 per cent to HK$115.10. ICBC weakened 0.5 per cent to HK$4.22. Insurer AIA ...
‘Money Machine’ Is Missing the Juicy Details of Chinese Banking
Review: ‘Money Machine’ Is Missing the Juicy Details of Chinese Banking Create an FP account ... based out of Hong Kong rather than the mainland. Sometimes, the reader learns more about ...
US stock fall as bank worries spread to Europe; Dow down 500
Three recent bank failures in the U.S. have investors on edge ... but fewer than one in five workers belongs to a union. The Hang Seng in Hong Kong jumped 1.5% to 19,539.87. The Kospi in Seoul surged ...