Limited ("Futu" or the "Company"), a leading tech-driven digitalized brokerage and wealth management company, the largest digital retail broker in Hong Kong in terms of its number of retail clients, ...
BofA, Citigroup trim investing banking headcount in Asia -sources
Bank of America and Citigroup have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in paring headcount as China dealmaking slows. Bank of ...
BofA, Citi Cut Handful of Investing Banking Jobs in Asia – Sources
Bank of America (BofA) cut around half a dozen Hong Kong-based investment banking jobs on Thursday, two people familiar with matter said, as part of the bank's global downsizing in investment banking.
How a lone voice of dissent over the Hong Kong budget rattled the finance chief
Hong Kong Free Press. One of the delights of the annual budget talkfest is that the Financial Secretary of the day can hardly avoid the obligation to give unscripted replies to ...
Hong Kong citizens reject the digital yuan – Here is why
The Chinese government’s project of central bank digital currency (CBDC), the “digital yuan,” has been met with low demand and disinterest from Hong Kong citizens. Low demand for digital yuan hard ...
Hong Kong stock exchange operator to open London office
Hong Kong Exchanges and Clearing (HKEX) confirmed today that it will open an office in London in the first half of 2023. It said the new office will expand the group’s international reach and promote ...
Hong Kong citizens not interested in digital yuan: Reports
Local authorities will continue their efforts to promote the digital yuan for Hong Kong citizens, including the project of a SIM-card hard wallet.
China’s digital yuan initiative gets cold reception from Hong Kong visitors
Local authorities in Luohu, a district of Shenzhen on the crossing between Hong Kong and the mainland, installed China’s first digital yuan hard wallet dispenser machines on Feb. 18, which are open ...
Bank of East Asia launches Mainland account opening service for Hong Kong residents
The service is offered in 15 designated BEA branches across Hong Kong. The Bank of East Asia (BEA) has launched a service that enables Hong Kong permanent residents to open a bank account with BEA ...
Shareholders demand vote on spinning off HSBC Asia
Hong Kong-based minority investors in HSBC are demanding a vote at the bank’s annual meeting in May on whether it should devise a formal plan to boost returns by spinning off its lucrative Asia ...
HSBC activist shareholder demands AGM vote on Asia business spin-off
HONG KONG/LONDON (Reuters) - HSBC's most vocal minority investors are demanding a vote at the global lender's 2023 shareholder meeting in May on whether it should devise a formal plan to boost returns ...
China digital currency: Shenzhen lures Hong Kong tourists to use e-CNY with shopping discounts
China is hoping to drive cross-border use of its sovereign digital currency by offering shopping discounts to tourists from Hong Kong who open and pay with e-CNY wallets in the southern technology hub ...
Self-Driving Firm iMotion Weighs $300 Million Hong Kong IPO, Sources Say
Motion Automotive Technology Suzhou Co., a developer and provider of AI automated driving solutions, is considering a Hong Kong initial public offering that could raise $200 million to $300 million, ...
Hong Kong stocks surge on upbeat recovery signs
Wednesday also marked the first day that Hong Kong lifted its mask mandate, a move that analysts said would boost investor confidence in economic vitality, especially in fields including tourism and ...