A bipartisan group of United States lawmakers including Florida Senator Marco Rubio has urged Joe Biden's administration to "prohibit" Hong Kong's sanctioned leader from attending an annual Pacific ...
Hong Kong’s IPO market set for slow recovery, with 2023 fundraising seen surpassing 2022 but falling well short of 2021
PwC Hong Kong estimates that around 100 companies will list in Hong Kong in 2023, with total funds raised as high as US$21.7 billion Mainland China's exchanges expected to lead the world in IPOs again ...
Hong Kong stocks rattled by interest rate concerns and higher oil prices with economic woes continuing to swirl
Hong Kong stocks start on a weak footing as interest rate concerns swirl after surprise rate increases by Canada and Australia this week and ahead of US inflation data and Federal Reserve’s decision ...
Hang Seng Bank and Qianhai joint-venture mutual fund to launch 2 fixed-income products to tap cross-border opportunities in China
Hang Seng Qianhai Fund Management, a joint-venture of Hang Seng Bank and local authorities in Shenzhen Qianhai, is launching more diverse products to capture cross-border opportunities in China, ...
Hong Kong’s MTR Corp to raise fines for passengers abusing HK$2 ticket scheme for elderly; authorities to crack down on misuse
MTR Corp to boost ticket inspection as part of citywide joint enforcement operation to combat abuse, labour chief Chris Sun says.
Wanda Unit Seeking Hong Kong IPO Asked to Explain Its Business
China’s top securities regulator has asked a Dalian Wanda Group Co. Ltd. subsidiary seeking a Hong Kong IPO to provide more information about its business and its connections to shareholders. The ...
Hong Kong virtual bank Ping An OneConnect to expand lending to retail SMEs to capture post-Covid growth opportunities, CEO says
Ping An OneConnect Bank, the Hong Kong virtual lender indirectly owned by Ping An Insurance, plans to increase lending to SMEs in the retail sector to capture growth opportunities in the post-Covid-19 ...
Accounts of Hong Kong opposition party members terminated by HSBC and other banks, League of Social Democrats says
Four members of the pro-democracy League of Social Democrats (LSD) party have seen their personal bank accounts terminated by Hong Kong’s HSBC, Hang Seng Bank and the Bank of China, the party has said ...
Hong Kong stocks approach 2-week high as JPMorgan, Deutsche Bank, Daiwa chime in on China policy stimulus bets
Deutsche Bank, and Daiwa expect Beijing to deliver policy support, stronger measures to shore up growth, counter negative sentiment loop Hong Kong stocks approached the highest level in two weeks amid ...
Hong Kong permanently suspends Wansom’s Xie Yangxiong
Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has banned the owner of two financial firms from re-entering the industry for life after he was convicted of multiple ...
Hong Kong to allow lenders from Qatar, UAE to advise on local banking sector in a boost to financial ties with Middle East
Hong Kong is set to allow banks from Qatar, the UAE and Liechtenstein to advise on industry issues in the city, a step that will enhance collaboration especially between Hong Kong and the Middle East.
Hong Kong opposition party protests after HSBC shuts accounts
One of Hong Kong's last remaining opposition parties staged a rare protest Tuesday outside the headquarters of HSBC after the global banking giant closed its accounts. Another Hong Kong lender, Hang ...
Plan to raise Hong Kong civil servants’ pay by up to 4.65 per cent backed by Executive Council; minister dismisses concerns over increases
Secretary for the Civil Service Ingrid Yeung rejects suggestions that salary increases may fail to match inflation and retain staff Yeung says pay is not the only factor influencing people's decision ...
HSBC plans Hong Kong investor summit to fill gap left by Credit Suisse
Hong Kong’s biggest bank plans to hold the conference at the five-star Conrad Hotel from April 8 to 10 next year and will follow the Hong Kong Ruby Sevens, which is also sponsored by the lender.