Category: FINANCE

The SAR government said on Saturday that the SAR would become a more competitive place to do business thanks to a new global tax deal announced by ... ( read original story ...)

Hong Kong authorities issued its third highest storm signal early Saturday, shutting down transport networks, schools and offices as Tropical Storm Lionrock lashed the northern South China Sea. ( read original story ...)

The central bank cautions over a so-called correction, which is defined as a drop of at least 10% in the price of a share from its most recent peak, as optimism of a bounce back falters over inflation ... ( read original story ...)

Covid-19 has accelerated the use of digital banking services in Hong Kong over the past year. A survey conducted by global payments giant Visa found that every four in 10 consumers in the city had ... ( read original story ...)

Risky asset prices in several markets are at historically high levels and could be primed for sharp fall, it adds ... ( read original story ...)

Chinese biopharmaceutical firm Abbisko pocketed HK$1.75bn this week by pricing its IPO at the top of the marketed range, helped by a large group of cornerstone investors, according to a source close ... ( read original story ...)

The Hong Kong stock market has finished higher in two of three trading days since the end of the two-day slide in which it had plummeted more than 620 points or 2.6 percent. The Hang Seng Index now ... ( read original story ...)

A total of 2,051,387 adults is projected to be virtual bank owners in five years. The number of adults in Hong Kong with virtual bank accounts will rise to more than two million (32%) within a ... ( read original story ...)

One of the surveys revealed that the number of business operations in Hong Kong with parent companies overseas and in the Chine ... ( read original story ...)

Asian stocks follow the footsteps of the Wall street price action on Thursday. US debt ceiling, European gas supplies, and weaker commodities make traders' diaries full. US and China agreed to a ... ( read original story ...)

HSBC Life rolled out today a complimentary group life offer, Business Heroes, for all HSBC commercial customers in Hong Kong, extending further support to the small and medium enterprise (SME) ... ( read original story ...)

HSBC is going after younger Asian client with a series of incentives including zero commission stock trading, an educational service and a revamped unit trust investment platform. “[We] have ... ( read original story ...)

Nuno Matos, Chief Executive, Wealth and Personal Banking, HSBC speaks with Bloomberg’s Yvonne Man at the Bloomberg Invest Global Summit about the outlook for private wealth. (Source: Bloomberg) ... ( read original story ...)

China Tourism’s multibillion-dollar IPO could come this quarter, say sources, as the retailer looks to Hainan’s duty-free zone to capture domestic spending. ( read original story ...)