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Category: FINANCE

Posted on 02/11/2022

A combination of factors led to the rally in the Hang Seng index, says Goldman Sachs

Timothy Moe of the investment bank says the Hong Kong's Hang Seng was "ripe for any kind of recovery, rebound and short-selling covering" after it fell sharply recently. Bear market isn't over, but ...

Posted on 02/11/2022

Major banks are bullish on Hong Kong’s economy and China growth prospects

Major lenders are confident in the rebound of Hong Kong's and China's economy, even as China ramps up its Covid measures and a 4.5% drop in Hong Kong's GDP.

Posted on 02/11/2022

Hong Kong hardsells ‘China advantage’ to global banks to revive hub image

Hong Kong leader John Lee on Wednesday pitched the city's connection with China in an address to some of the world's top financial executives, as he strives to rebuild the Chinese territory's ...

Posted on 02/11/2022

‘Law And Order Returned’ Hong Kong’s US-sanctioned Leader Says At Banking Summit

Hong Kong's US-sanctioned leader insisted Wednesday that political stability and business confidence in the city has been restored following the crushing of democracy protests, as he opened a ... ( read original story ...)

Posted on 02/11/2022

Hong Kong Bankers Fear Their Careers Are Coming to an End

It was supposed to be a big celebration for Hong Kong. This week’s Global Financial Leaders' Investment Summit, organized by the city’s central bank, was meant to showcase the revival of Hong Kong as ... ( read original story ...)

Posted on 02/11/2022

Top Citigroup executive says Hong Kong is back to normal, as bank opens new wealth management centre in city

Senior Citi executive says it is ‘business as usual’ in city as lender looks to expand now that pandemic has receded, with a target to capture US$150 billion of new client money from wealthy customers ... ( read original story ...)

Posted on 02/11/2022

HSBC Sydney Sevens to return after 3-year hiatus for rugby ‘extravaganza’

Australian fans will have the chance to get behind their champion Rugby Sevens stars for the first time since 2019. ( read original story ...)

Posted on 02/11/2022

Wall Street chiefs to share stage with Hong Kong’s sanctioned leader

Lee, a former security chief who took office this year, is among Chinese officials sanctioned by Washington for cracking down on rights in Hong Kong after huge democracy protests, unable to hold ... ( read original story ...)

Posted on 02/11/2022

Hong Kong woos global banking titans by kick-starting financial summit with grand banquet at M+ museum, serving up cuisine and culture

Hosted by Hong Kong’s de facto central bank, gala dinner held at the M+ museum in the West Kowloon Cultural District overlooking Victoria Harbour. ( read original story ...)

Posted on 02/11/2022

Finishing touches at Hong Kong’s M+ museum as venue prepares to host banking giants for tour and dinner ahead of financial summit

The chief of Hong Kong’s biggest cultural hub has expressed hope of bridging arts and business when banking titans attend a dinner at one of her museums on Tuesday night, saying it is a ... ( read original story ...)

Posted on 02/11/2022

Feast for the eyes: Hong Kong woos global banking titans by kick-starting financial summit with grand banquet at visual arts M+ museum

Hosted by city's de facto central bank, welcome dinner was held at M+ museum in the West Kowloon Cultural District overlooking Victoria Harbour Banking heavyweights are visiting the city this week for ... ( read original story ...)

Posted on 01/11/2022

Number of bankers pulling out of Hong Kong summit ‘very small,’ says John Lee

Chief Executive John Lee said the number of business representatives joining a major banking summit in Hong Kong was “within the expectation” of the government despite several bankers announcing their ... ( read original story ...)

Posted on 01/11/2022

Hong Kong is ‘Asia’s sustainable finance centre’, thanks to green bond growth and carbon-credit trading, bankers say

With rapid growth in the issuance of green bonds and a new carbon-credit trading platform, Hong Kong can play a pivotal role in the journey towards net zero, experts said ahead of a key summit this ... ( read original story ...)

Posted on 01/11/2022

Struggling Hong Kong seeks comeback with bank summit, rugby

The financial centre is hoping to convince the world it is back in business after nearly three years of pandemic curbs. ( read original story ...)

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