Moving forward, HSBC will continue to personalise the customer experience by putting more resources into marketing technology and data analytics. ( read original story ...)
Hong Kong financial summit 2022
Organised by the Hong Kong Monetary Authority, the Global Financial Leaders’ Forum on November 1 to 3 will be attended by 30 chief executives of global banks and funds, including Blackstone, Goldman ... ( read original story ...)
Qualifications for share of HK$30 billion Hong Kong investment pot outlined by finance chief
Candidates for the cash will be evaluated in areas such as capital investment, job creation, investment returns and strategic importance to city Time to break free of 'traditional thinking' and ... ( read original story ...)
Hong Kong leader sets target for family offices, lends support for IPO reform, green finance to fend off challenge from Singapore
Chief Executive John Lee unveiled a wide range of measures to strengthen the city’s role as an international finance centre, after Singapore usurped Hong Kong in a global ranking published last month. ( read original story ...)
Hong Kong stocks hit 13-year low as Alibaba, Tencent pressure index near 16,000-mark, yuan slumps on China growth worries, Fed rate outlook
The Hang Seng Index hits the lowest level since April 2009 as steep losses in Alibaba and tech peers put the 16,000 mark under pressure. The offshore yuan weakens to 2010-low against the US dollar. ( read original story ...)
Why selling HSBC Canada, the country’s most lucrative bank deal in decades, is unusually challenging
Highly coveted banks tend to sell for 1.5 times to 2 times their book value, yet the timing of this deal and uncertainty over federal competition concerns could impact how much a bidder is willing to ... ( read original story ...)
UK asset manager Abrdn stresses importance of Hong Kong and Greater Bay Area for accessing China’s vast market
The Greater Bay Area will serve as a launch pad for clients seeking access to the China market, and Hong Kong will always be important, says Abrdn’s Rene Buehlmann. ( read original story ...)
Hong Kong officials admit for the first time failure to boost public housing supply in short term, but vow enough homes in coming decade
Deputy Financial Secretary Michael Wong says this was why 'light public housing' scheme raised in city leader's policy address a day earlier Finance chief Paul Chan however reassures public that land ... ( read original story ...)
Hong Kong Stock Exchange May Lower the Bar for Tech IPOs
If the stock market is a race track, then Hong Kong wants more horses to bet on, even if they aren't all thoroughbreds. In a move designed ... ( read original story ...)
HK may let VIP bankers who get Covid-19 exit on private jets
Hong Kong is unlikely to make any major changes to Covid-19 restrictions for inbound travellers before a banking summit in November. ( read original story ...)
Hong Kong to allow 5 types of Big Tech firms to list as HKEX pushes ahead with latest reform to become tech fundraising hub
HKEX will create new listing regulations for pre-revenue Big Tech companies that have a valuation of at least HK$15 billion (US$1.9 billion) to raise capital. ( read original story ...)
Hong Kong exchange proposes looser IPO rules for tech companies as profit slumps
It also said it had launched a two-month consultation to make it easier for tech specialist companies to float in the market, hoping to revive falling listing revenue. Read more at straitstimes.com. ( read original story ...)
Hong Kong’s Stock Exchange Proposes Waiving Revenue Requirement for Some Tech IPOs
The move is an attempt to expand the number of potential initial public offerings in a market that has struggled this year. ( read original story ...)
Hong Kong exchange proposes looser IPO rules for tech companies as profit falls
Hong Kong -Hong Kong's bourse operator said there were signs of new momentum in the initial public offering market as it posted a 30 per cent drop in third-quarter profit on Wednesday, beating analyst ... ( read original story ...)