China and Hong Kong are in the second phase of testing cross-border transactions using central bank digital currencies (CBDCs), Mu Changchun, director of the Digital Currency Institute of the People’s ... ( read original story ...)
PBOC’s Yi: Risks from property firms will not undermine Hong Kong’s capital market
The People’s Bank of China (PBOC) Governor Yi Gang said on Thursday, the risks from a few property firms in the short-term will not undermine Hong Kong’s capital market. “Rights of Evergrande ... ( read original story ...)
Chinachem, HSBC ink US$128 million sustainability loan
Hong Kong property developer Chinachem Group and HSBC have arranged a three-year sustainability-linked loan facility of HK$1 billion (HK$128.24 million) to support Chinachem’s general working capital ... ( read original story ...)
UBS Says Hong Kong’s Laggard Stocks Will See Brighter 2022
The forecast puts UBS as the latest global bank predicting 2022 gains for Hong Kong stocks after Deutsche Bank AG and HSBC Holdings Plc. Stocks in Hong Kong and the mainland have rallied this week ... ( read original story ...)
Hong Kong mandates Covid tracing app for most adults in bars, restaurants
The Hong Kong government made its check-in app mandatory for most adults in bars and restaurants on Thursday, the latest expansion of coronavirus ... ( read original story ...)
Hong Kong Targets China in Bid to Become Green Finance Hub
By Yifan Wang Hong Kong will increasingly benefit from China's environmental ambitions as the city seeks to turn itself into a center for green finance ... ( read original story ...)
Hang Seng recoups US$128 billion of market value as stock index advances for third day on China easing bets
Hang Seng Index heads for the longest winning streak in three weeks as Chinese tech, property and casino stocks extend gains Government report shows factory-gate prices in mainland China slowed last ... ( read original story ...)
Continued Support Predicted For Hong Kong Shares
The Hang Seng Index now rests just shy of the 24,000 ... Henderson Land rallied 1.38 percent, Hong Kong & China Gas tumbled 1.02 percent, Industrial and Commercial Bank of China tanked 1.82 percent, ... ( read original story ...)
Salary report 2022 market outlook: Insurance, accounting and finance, Hong Kong
... with a global remit in finance transformation are most likely to negotiate for an even higher remuneration package. The obvious reason for this salary increase is the sustained scarcity of skilled ... ( read original story ...)
Standard Chartered completes the first USD SOFR-based Trade Loan in Hong Kong
Standard Chartered has successfully completed its first Trade Loan transaction in Hong Kong referencing the USD Secured Overnight Fina ... ( read original story ...)
Citic-Backed Chinese Beauty Chain Weighing Hong Kong IPO
Beauty Farm, a Chinese beauty salon chain, is considering an initial public offering in Hong Kong that could raise as much as $500 million, people with knowledge of the matter said. The Citic Private ... ( read original story ...)
Chinese Social-Media Giant Weibo Drops in Hong Kong Market Debut
Amid uncertainty about the future of Chinese listings in the U.S., the company joined others, including Alibaba, that have secured a homecoming listing. ( read original story ...)
HSBC And Chinachem Group Sign Bilateral Sustainability-linked Loan of HKD1 Billion
HSBC and Chinachem Group (the "Group" or "Chinachem") announced today the arrangement of a three-year sustainability-linked loan facility of HKD1 billion to support the ... ( read original story ...)
HSBC structures country’s first gender equality-indexed loan
The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has structured the country’s first ever sustainability linked loan, targeting Sustainable Development Goal (SDG) 5, which is gender ... ( read original story ...)