Bank reports 3.5 times increase in mainland China residents opening accounts in Hong Kong in January and February, compared with same period in 2022 Sales of insurance to mainland visitors will return ...
HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders
HSBC has launched a RewardCash-based e-shop in Hong Kong, accessible via the HSBC Reward+ mobile app. HSBC Visa Platinum cardholders in the city can now shop at PARKnSHOP, Watsons, and FORTRESS with ...
BOC seizes P101 million smuggled onions, agriculture products
Smuggled onions and other agricultural products amounting to more than P101 million have been confiscated by the Bureau of Customs.
Hong Kong will bounce back ‘differently’ to regain role as international finance centre, Asian chief of Italian asset manager says
Hong Kong's economy will bounce back like it has from other crises in past decades, but this time it will take longer because time is needed for talent to return after three years of Covid-19 travel ...
Jumping on the China bandwagon? Analyst reveals whether A-shares or H-shares are a better bet
The recent pullback in Chinese stocks is an opportunity for investors to snap up opportunities as the country reopens, according to Bernstein.
UPDATE 3-BofA, Citigroup trim investing banking headcount in Asia -sources
By Selena Li and Kane Wu HONG KONG, March 4 (Reuters) - Bank of America and Citigroup have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers ...
Hong Kong freight forwarding firm PSI Group files for $16M US IPO
PSI Group , a Hong Kong-based provider of freight forwarding services, has filed for a $16M US initial public offering. The company said that it plans to offer 3.25M ordinary shar ...
Clash of the Car-hailing Titans: Dida Seeks IPO Funds as Battle Looms
Dida Inc. has revived plans for a Hong Kong IPO, but investors could be troubled by a 92% plunge in net profit for the first nine months of last year The company’s archrival, DiDi Global, has resumed ...
Hong Kong skyscraper fire could mean $64M payout, cause under investigation
The property developers responsible for the nearly-completed Kimpton Hotel may be in for a historic insurance payout after the project was consumed in flames Friday.
Hang Seng Bank Celebrates 90 Years of Deep-rooted Connections with Hong Kong
Hang Seng Bank ( 'Hang Seng') marked its 90th anniversary today (3 March) with a joyful celebration that reinforced the Bank's commitment to helping customers, the community and Hong Kong to realise ...
Futu Hong Kong IPO underwriting results top the industry
Limited ("Futu" or the "Company"), a leading tech-driven digitalized brokerage and wealth management company, the largest digital retail broker in Hong Kong in terms of its number of retail clients, ...
BofA, Citigroup trim investing banking headcount in Asia -sources
Bank of America and Citigroup have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in paring headcount as China dealmaking slows. Bank of ...
BofA, Citi Cut Handful of Investing Banking Jobs in Asia – Sources
Bank of America (BofA) cut around half a dozen Hong Kong-based investment banking jobs on Thursday, two people familiar with matter said, as part of the bank's global downsizing in investment banking.
How a lone voice of dissent over the Hong Kong budget rattled the finance chief
Hong Kong Free Press. One of the delights of the annual budget talkfest is that the Financial Secretary of the day can hardly avoid the obligation to give unscripted replies to ...