HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...
Hong Kong financial service providers gear up for retail crypto traders
Hong Kong’s financial services providers, including local brokers and fund managers, are seeking advice to prepare for new licensing requirements which will allow them to provide services to retail ...
HSBC share price: Winds of change are blowing
HSBC share price has staged a strong recovery since November as the company goes through significant changes. The stock rose to a high of 520p, which was the highest level since S ...
Hong Kong intends to regulate crowdfunding. Here’s how it may affect you
Authorities argue move needed to curb abuse after previous cases of fraud and support given to protesters of 2019 anti-government unrest.
Hong Kong brokers prepare for SFC approval prior to new digital asset trading regulation
According to Cointelegraph, brokers and fund managers from the region have asked for advice around licensing requirements prior to new legislation ...
Hong Kong property expected to recover on China border reopening, finance chief says
Hong Kong Financial Secretary Paul Chan said he is optimistic about the city’s economic prospects for this year and expects the local real estate market to rebound after the China border reopens. Read ...
Hong Kong’s Octopus card stays on top: departing chairman pleased that elderly people, small merchants use it too
Keeping it simple has worked to win over users and vendors, says David Eldon, chairman since 2016 Company needs to persuade taxi drivers to accept e-payments, as most still prefer receiving cash Top ...
Hong Kong ends 2022 with five listings, ending a tough year with a bang as IPOs trickle back
The HK$394 million raised by three of the five companies are a much-needed boost for Hong Kong as it clings to fourth place behind Shanghai, Shenzhen and Seoul among the world’s top IPO destinations.
Hong Kong pushes Seoul aside to climb to third place in Refinitiv’s 2022 list of the world’s biggest IPO markets, behind Shanghai and Shenzhen
A strong second half lifted the city from 10th place in June, according to Refinitiv data The city fared better than its two traditional rivals in the United States, as Nasdaq and the NYSE both ...
Optimism Over China’s Economic Recovery Boosts Hong Kong Shares Friday
Optimism over China's economic recovery next year, following relaxed COVID-19 policies for inbound travelers, pushed the Hong Kong Hang Seng Index slightly higher Friday. The broad gauge Hang Seng ...
Hong Kong offshore yuan deposit pool to get boost from China’s reopening
HONG Kong’s offshore yuan deposit pool edged up 0.8 per cent in November to 892.3 billion yuan (S$172.4 billion) from a month earlier, rising for the fourth straight month as an increase in yuan trade ...
Full Truck Alliance Puts The Brakes On Hong Kong Listing Plan
Trucking app operator Full Truck Alliance has halted its plan to make a second listing in Hong Kong, according to a media report. Find out more.
Japfa’s unit lists on Hong Kong Exchange; share offerings oversubscribed
AUSTASIA Group, a unit under agri-food group Japfa, was oversubscribed in its offering of 30.6 million shares prior to its listing on the Hong Kong Exchange on Friday (Dec 30). Read more at The ...
Hong Kong’s dollar peg is on increasingly thin ice
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Some trades always seem to disappoint: long Argentina, short Japanese government bonds or attacks ...