Tuesday's session in Asia followed overnight declines in the U.S. where the Dow Jones Industrial Average and S&P 500 fell. ( read original story ...)
‘COVID Zero’ Hong Kong pushes supply chain to breaking point
Aircraft at Hong Kong International Airport As Hong Kong Scraps Flights Amid Omicron An aircraft operated by Cathay Pacific takes off from the Hong Kong International Airport on Jan. 6. In pursuit of ... ( read original story ...)
Nikkei 225 and Hang Seng Index in Cautious Mood After a Choppy US Session
The Nasdaq 100 dropped as much as 2.7% before paring losses on Monday, holding above a key support level. The 10-year Treasury yield retreated to 1.76%. Asia-Pacific markets look set to open in ... ( read original story ...)
Hong Kong Bourse Due For Consolidation
The Hong Kong stock market has climbed higher in three straight sessions, jumping almost 750 points or 3.3 percent along the way. The Hang Seng Index now sits just beneath the 23,750-point plateau ... ( read original story ...)
Hong Kong – Code Of Banking Practice Update.
On 10 December 2021, the Hong Kong Association of Banks (HKAB) and the DTC Association (DTCA) jointly released a revised Code of Banking Practice (Code) which has been endorsed by the Hong Kong ... ( read original story ...)
HK grows as global financial center
Organized by the government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council, the 15th AFF attracted more than 170 global business leaders, policymakers, ... ( read original story ...)
Taiwan’s exports to mainland China, Hong Kong hit record high as semiconductor demand fuels cross-strait trade
Taiwanese official says that US sanctions have led to a significant increase in mainland demand for Taiwan’s chips, and that strong demand will continue until the mainland’s chip technology is ... ( read original story ...)
15th Asian Financial Forum opens
Organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 15th Asian Financial Forum (AFF) opened today as an ... ( read original story ...)
HSBC holding shares in China firm linked to human rights abuses against Uyghur Muslims
HSBC bank holds more than £2 million in shares for a subsidiary of a Chinese paramilitary company that has been accused of human rights abuses against Uyghur Muslims, it has been revealed. The UK ’s ... ( read original story ...)
HSBC Asset Management Launches HSBC Global Sustainable Multi-Asset Income Fund
HSBC Asset Management has announced the launch of the HSBC Global Sustainable Multi-Asset Income Fund. The Fund aims to provide potential income through investment in a diversified portfolio of global ... ( read original story ...)
Huitongda pre-markets $500m Hong Kong listing
Chinese e-commerce and service business Huitongda Network has begun pre-marketing its up to $500m Hong Kong IPO, according to a source close to the deal. Huitongda, backed by Alibaba Group Holding, is ... ( read original story ...)
Hong Kong stocks: what money managers at BNP Paribas, Haitong and Schroders say about recent market actions
There is no need for pessimism after the sell-off in recent months, according to Haitong International and Soochow Securities. Look for structural reforms even as policy tightening rolls on, says BNP ... ( read original story ...)
JPMorgan to boost Asia private banking headcount by over 100 this year – sources
JPMorgan Chase & Co plans to boost its private banking business headcount in Asia by more than 100 this year, two people with direct knowledge of the matter said, joining its peers in a push to grab a ... ( read original story ...)
China fines Bank of East Asia $2.6 mln for violating credit information rules
China's central bank said on Monday it fined Hong Kong's Bank of East Asia 0023.HK 16.74 million yuan ($2.63 million) for violating rules on collecting credit information, a filing showed. The penalty ... ( read original story ...)