Category: FINANCE

Property transactions are expected to fall to historic lows this year, with the first half of the year affected by Covid-19 lockdowns and the second half hit by rising interest rates. ( read original story ...)

Stocks advance, catching up with an overnight rally in Asian markets. A weak US manufacturing report for September prompted traders to temper bets on Fed rate-hikes in 2023. ( read original story ...)

While it is a small city, Hong Kong is a force to be reckoned with in the global financial market. At present, it has already reached $4.6 trillion in assets under management (AUM) alone, Hong Kong’s ... ( read original story ...)

Financial Secretary Paul Chan also adamant high-powered banker summit will be held successfully next month But Chan remains pessimistic about the local economy, which he says is being affected by a ... ( read original story ...)

Hong Kong stocks rose more than 5% on Wednesday, tracking gains in broader Asia as hopes grew that central banks globally could slow the pace of interest rate hikes amid signs previous policy ... ( read original story ...)

By Yifan Wang Chinese battery maker CALB Co. has priced its Hong Kong initial public offering at 38 Hong Kong dollars (US$4.84) a share, aiming to raise ... ( read original story ...)

Stocks in Hong Kong surged as trading in the financial hub resumed after a holiday, playing catch-up to the rally in global equities. Most Read from BloombergMusk Revives $44 Billion Twitter Bid, ... ( read original story ...)

Hong Kong’s monetary chiefs can raise a glass to Liz Truss and Kwasi Kwarteng for giving global speculators something else to jump on. ( read original story ...)

Real estate developer China Vanke’s property services unit, Onewo, is looking to go public in what will be Hong Kong’s largest IPO this year. Onewo hopes to raise up to $783.5 million by selling a 10% ... ( read original story ...)

HSBC Bank Canada is a very strong business and Canada’s leading international bank,” they added. A large group of Hong Kong retail investors with stakes in HSBC have supported Ping An’s campaign. ( read original story ...)

HSBC Holdings PLC (LON:HSBA) is in the early stages of exploring a sale of its Canadian subsidiary, according to statements from the bank quoted in media reports. Sources first told Sky News that HSBC ... ( read original story ...)

HSBC is exploring a potential sale of its Canadian operations as it faces pressure from its largest shareholder, Ping An Insurance Group, to break up its business. ( read original story ...)

HSBC has launched a strategic review of its Canadian business that could lead to a sale for up to $9bn, as the group resists pressure from its largest shareholder Ping An to split its Asian and ... ( read original story ...)

Police said on Tuesday that a 62-year-old man had been allegedly conned out of over HK$3.8 million by fraudsters posing as government officials. ( read original story ...)