The Civic Party, founded in 2006, had been a major democratic force in the financial hub that returned from British to Chinese rule in 1997, alongside the Democratic Party, performing strongly in ...
UPDATE 1-Tsingshan-backed Fox ESS completes over $145 mln pre-IPO round of capital raising
China's Tsingshan-backed new energy firm Fox ESS said on Friday it has completed a pre-IPO round of capital raising of more than 1 billion yuan ($145 million).
BOC HK Joins ‘e-HKD’ Pilot Program
BOC HONG KONG (02388.HK)'s vice chairman and chief executive Sun Yu said that BOCHK welcomes the commencement of the "e-HKD" Pilot Programme by the Hong Kong Monetary... BOC HONG KONG (02388.HK) ...
Huobi To Open Hong Kong Cryptocurrency Trading Service
Huobi revealed it is “actively preparing” to seek a license for its new Hong Kong cryptocurrency trading platform.
HSBC to Participate in 2 ‘e-HKD’ Pilot Programs
Luanne Lim, Hong Kong CEO of HSBC, said that more than 100 countries, accounting for over 95% of the world's GDP, are currently studying the development of some form of central bank digital currency.
China’s Greater Bay Area to lead sustainable finance, meet capital demands of decarbonisation with green bonds, loans
"Hong Kong has always been an international financial centre," said Kenneth Hui, executive director (external) of the Hong Kong Monetary Authority. "It can guide more international green funds to ...
Intelligent Group Limited Seeks Expansion After U.S. IPO
Intelligent Group Limited has filed to raise growth capital in a U.S. IPO. Click here to see our take on INTJ IPO.
HSBC Boasts 5.4M Retail Customers in HK
HSBC HOLDINGS (00005.HK) continued to hold an investor & analyst Asia seminar, during which the group revealed that it currently has 5.4 million retail customers in Hong Kong a... HSBC HOLDINGS (00005 ...
HSBC Buys back Over 4.89M Shrs for $291M Ytd
HSBC HOLDINGS (00005.HK) -0.900 (-1.519%) Short selling $386.96M; Ratio 36.417% announced that it has repurchased a total of 4.8934 million shares in the U.K. and Hong Kong yesterday (16th), involving ...
HSBC Mulls Exit From 12 Countries to Focus on Asia Business
In sync with its efforts to further boost its presence across Asia, HSBC Holdings HSBC is weighing exit from at least 12 countries. In an interview with Reuters, the company’s newly appointed chief ...
HSBC Eyes High-single-digit Growth in Asia Wealth Rev. as Medium-term Goal
HSBC HOLDINGS (00005.HK) outlined several medium-term ambitions for its Asia business: high-single digit percentage Wealth revenue growth; mid-single digit percentage lending growt... HSBC HOLDINGS ...
Fitch lifts Hong Kong banking sector’s outlook to ‘improving’ from ‘neutral’, citing strengthening economic recovery
HSBC, the biggest of Hong Kong's three currency-issuing banks, posted a net profit of US$10.3 billion for the three months ended March 31, compared with US$2.8 billion a year earlier. The bank's ...
China’s Changxin Memory Appoints CICC, China Securities for Local IPO -Sources
HONG KONG (Reuters) - Chinese chip maker Changxin Memory Technologies Inc (CXMT) has appointed investment banks CICC and China Securities as sponsors for its planned domestic initial public offering ...
Cathay Pacific discrimination scandal: is it the tip of an iceberg of low morale, simmering Hong Kong-mainland tensions or just inexcusable bad behaviour?
the recovery of Hong Kong’s tourism industry would be jeopardised. As the airline struggled with a fast plummeting reputation, low staff morale because of drastic pay cuts and cumulative financial ...