Report cards from Chinese companies including those in Hong Kong have been encouraging, according to Goldman Sachs and Bank of America Hong Kong will scrap mask-wearing rules from Wednesday, ending a ...
Asia markets mixed as Hong Kong announces to lift mask mandate, Japan’s factory output falls
Asia-Pacific markets were mostly higher on Tuesday as investors digested key economic data across the region. The Hang Seng index rose 0.45% as Hong Kong’s Chief Executive John Lee announced to drop ...
The Chinese billionaire CEO whose disappearance rocked his bank’s stock is ‘cooperating’ with a government probe, his firm says
Rock star dealmaker Bao Fan is "cooperating in an investigation", according to his firm China Renaissance, whose stock tanked 20% when the CEO vanished.
Hong Kong to Lift One of World’s Longest Mask Mandates After Almost 3 Years
Masks will no longer be needed outdoors, indoors or on public transport, Hong Kong leader John Lee told reporters on Tuesday. “From tomorrow we are completely returning to normalcy,” Lee said. “This ...
China including Hong Kong the only bright spot for BofA, Goldman as Asian companies deliver 14 per cent stinker in earnings
Some 56 per cent of Chinese companies beat consensus with their latest report cards, topping peers in South Korea, Australia and Thailand Earnings downgrades involving Chinese stocks have slowed, BofA ...
Hong Kong to constantly benchmark itself against London and New York, finance chief says vows
Financial Secretary Paul Chan tells Post forum that city will remain 'financial market [where] the Western countries have a substantial stake' At the same time, Hong Kong can 'collaborate with ...
Hong Kong to constantly benchmark itself against London and New York, finance chief vows
Financial Secretary Paul Chan tells Post forum that city will remain ‘financial market [where] the Western countries have a substantial stake’.
We Cut Our FVE for Hang Seng Bank to HKD 148 From HKD 177
Hang Seng Bank’s narrow economic moat comes from its funding advantage in Hong Kong, where it is able to attract sticky low-cost deposits that help it generate net interest margins above the ...
China, Hong Kong stocks fall as Sino-U.S. tensions weigh
China and Hong Kong stocks declined on Monday amid Sino-U.S. tensions, while investors awaited policy signals from the upcoming National People's Congress. ** China's blue-chip CSI300 Index dropped 0.
Revitalised Hong Kong investor immigration scheme unlike Singapore policy, aims to entice world’s wealthiest 5 per cent, finance chief says
Financial Secretary Paul Chan says Capital Investment Entrant Scheme to set higher threshold than S$2.5million criteria for Singapore policy Task force established to develop scheme investment ...
HSBC welcomes Hong Kong’s HK$100m bid to attract family office
Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025. The head of HSBC’s family office advisory in the region welcomed Hong Kong’s latest announced family office ...
‘It’s worth fighting for’: fintech students in Hong Kong hope to make their mark in Greater Bay Area
Hundreds of students in Greater Bay Area Fintech Talent Initiative to undergo three-week training on financial technology this month Victor Fong, 20, hopes to work in bay area over the next 10 years ...
This Hong Kong fintech employs AI technology to promise collateral-free loans to city’s small businesses
The company, which got its start in the Hong Kong Science Park, is aiming to fill a US$1.7 billion trade-finance gap in Asia The company uses a proprietary AI-based risk-management tool to assess ...
Hong Kong Airline Worker Shortage Hits City’s Push to Reopen
Hong Kong’s goal to reclaim its spot as Asia’s premier financial hub is being tested by a scarcity of workers in the air industry that’s vital for reestablishing the city’s international links.