Choice of region deliberate given US-China geopolitical rivalry and sanctions on officials Paul Chan's visit sparks speculation on whether Hong Kong government will be involved in Saudi Arabia's ... ( read original story ...)
Asia Earnings Week Ahead: HSBC, Samsung, SK Hynix, Canon, BYD
Foreign exchange will be in focus across several of Asia’s key earnings reports next week, as investors look to assess the impact of a strong dollar amid increasing expectation that the Federal ... ( read original story ...)
Hong Kong property market, let down by John Lee’s policy address, looks to finance chief for easing policies next year
Analysts see the February 2023 budget speech as the next chance for supportive policies, as they doubt a tax-refund incentive announced by Chief Executive John Lee will revive demand. ( read original story ...)
Hong Kong audit regulator is working with Ministry of Finance on ways to fast track access to mainland audit papers
Hong Kong's audit regulator received papers last month after making requests to mainland authorities in September last year Chairman of the Accounting and Financial Reporting Council said current ... ( read original story ...)
HKEX mulls looser tech listing rules to revive IPO market
Faltering profits and competition from Singapore have pushed the bourse to tailor bespoke rules for non-profitable tech companies ... ( read original story ...)
HSBC Hong Kong breaks boundaries by repositioning brand image
Moving forward, HSBC will continue to personalise the customer experience by putting more resources into marketing technology and data analytics. ( read original story ...)
Hong Kong financial summit 2022
Organised by the Hong Kong Monetary Authority, the Global Financial Leaders’ Forum on November 1 to 3 will be attended by 30 chief executives of global banks and funds, including Blackstone, Goldman ... ( read original story ...)
Qualifications for share of HK$30 billion Hong Kong investment pot outlined by finance chief
Candidates for the cash will be evaluated in areas such as capital investment, job creation, investment returns and strategic importance to city Time to break free of 'traditional thinking' and ... ( read original story ...)
Hong Kong leader sets target for family offices, lends support for IPO reform, green finance to fend off challenge from Singapore
Chief Executive John Lee unveiled a wide range of measures to strengthen the city’s role as an international finance centre, after Singapore usurped Hong Kong in a global ranking published last month. ( read original story ...)
Hong Kong stocks hit 13-year low as Alibaba, Tencent pressure index near 16,000-mark, yuan slumps on China growth worries, Fed rate outlook
The Hang Seng Index hits the lowest level since April 2009 as steep losses in Alibaba and tech peers put the 16,000 mark under pressure. The offshore yuan weakens to 2010-low against the US dollar. ( read original story ...)
Why selling HSBC Canada, the country’s most lucrative bank deal in decades, is unusually challenging
Highly coveted banks tend to sell for 1.5 times to 2 times their book value, yet the timing of this deal and uncertainty over federal competition concerns could impact how much a bidder is willing to ... ( read original story ...)
UK asset manager Abrdn stresses importance of Hong Kong and Greater Bay Area for accessing China’s vast market
The Greater Bay Area will serve as a launch pad for clients seeking access to the China market, and Hong Kong will always be important, says Abrdn’s Rene Buehlmann. ( read original story ...)
Hong Kong officials admit for the first time failure to boost public housing supply in short term, but vow enough homes in coming decade
Deputy Financial Secretary Michael Wong says this was why 'light public housing' scheme raised in city leader's policy address a day earlier Finance chief Paul Chan however reassures public that land ... ( read original story ...)
Hong Kong Stock Exchange May Lower the Bar for Tech IPOs
If the stock market is a race track, then Hong Kong wants more horses to bet on, even if they aren't all thoroughbreds. In a move designed ... ( read original story ...)