Category: FINANCE

HSBC Holdings said on Thursday it would leave its best lending rate in Hong Kong unchanged at 5%, despite a rise in the base rate of the city's central bank, charged through its overnight discount ... ( read original story ...)

Hang Lung Group chairman Ronnie Chan says city must not underestimate 'madness with which the US wants to destroy mainland China', and Hong Kong Property tycoon and ex-head of securities watchdog also ... ( read original story ...)

Hong Kong stocks opened slightly higher on Thursday morning after the head of the Federal Reserve indicated the bank's pace of interest rate hikes ... ( read original story ...)

All four industry groups within the Hang Seng Index posted losses in the one month after HSBC last raised its best rates in September 2018 The HKMA raised its base rate to the highest level since 2019 ... ( read original story ...)

The Hang Seng finished sharply lower on Wednesday following losses from the technology, casino and oil companies. For the day, the index slumped 235.84 points or 1.13 percent to finish at 20,670.04 ... ( read original story ...)

As previously noted, the Hong Kong COVID-19 lockdown in the first quarter of 2022 may hurt Hang Seng Bank’s loan growth and fee income, and we think the positive impact on net interest margins ... ( read original story ...)

HSBC Holdings Plc executives and directors will do something next week that they haven’t done in three years: meet their Hong Kong shareholders face-to-face. The Tuesday meeting could be a tense one, ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) on Thursday (Jul 28) raised its base rate charged through the overnight discount window by 75 basis points to 2.75 per cent, hours after the US Federal Reserve ... ( read original story ...)

The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the U.S. Federal Reserve delivered a ... ( read original story ...)

If completed, the move would also take advantage of incentives in Hong Kong aiming to attract Chinese high-tech companies to the “special autonomous region.” ... ( read original story ...)

The head of the U.S. Securities and Exchange Commission (SEC) said Wednesday that he will not send public accounting inspectors to China or Hong Kong unless Washington and Beijing can agree on ... ( read original story ...)

Hang Lung Group chairman Ronnie Chan says city must not underestimate 'madness with which the US wants to destroy mainland China', and Hong Kong Property tycoon and ex-head of securities watchdog also ... ( read original story ...)

The boss of HSBC will be urged to carve the bank in two when he meets retail investors in Hong Kong for the first time in three years as China increasingly asserts control over the business. Noel ... ( read original story ...)

E-commerce giant Alibaba Group said on Tuesday it would apply to convert its Hong Kong secondary listing into a dual primary that would make it easier for mainland Chinese investors to buy its shares. ( read original story ...)