Category: FINANCE

Hong Kong stocks ended the week slightly higher as late bargain-buying dragged them out of negative territory, though traders remain concerned about ... ( read original story ...)

Hong Kong’s home prices could fall as much as 10% in the second half after two major banks raised mortgage rates for new homebuyers to the highest since 2008, according to Bloomberg Intelligence.Most ... ( read original story ...)

Some may view him as an auditing pioneer and investment banking legend. Others call him a marketer lacking substance and a fraudster. Few will describe him as plain. finews.asia takes a look at the ... ( read original story ...)

Bank of East Asia's bottom line plunged during the first half of the year, owing to a spike in impairment charges on loans to mainland China's struggling property sector. The major Hong Kong-based ... ( read original story ...)

The world’s largest travel retailer by sales prices Hong Kong IPO at HK$158 per share, helping it raise US$2.1 billion in what amounts to the city’s top deal this year. ( read original story ...)

(“HGC”), the issuer of Trucpal Tokens (“Trucpal”), officially announced its Global Partnership Program. Hong Kong Digital Asset Ex Limited (“HKbitEX”) became one of HGC’s first partners. Trucpal has ... ( read original story ...)

Newer and deeper connect schemes than Stock Connect, Bond Connect and Wealth Management Connect needed for development zone, former HKMA CEO says More needs to be done for the free movement of goods, ... ( read original story ...)

Someone taking on a 30-year, HK$5 million mortgage at a rate of Hibor+1.3 per cent, will pay an extra HK$1,324 per month The mortgage businesses of banks in Hong Kong are about to enter 'a cold winter ... ( read original story ...)

Despite just US$25m full-year revenue, AMTD Digital's market capitalisation briefly surged above US$400b in early August. Read more at straitstimes.com. ( read original story ...)

Two major local banks have moved to raise interest rates on new mortgages linked to the Hong Kong Interbank Offered Rate (HIBOR). Both HSBC and ... ( read original story ...)

Bloomberg: The Hong Kong financial group behind an initial public offering that stunned Wall Street by soaring more than 32,000% following its debut has drawn regulatory scrutiny over deals it ... ( read original story ...)

At one point AMTD Digital's market capitalization went above $400 billion only to nosedive soon, wiping out billions of dollars of investor wealth. At its peak, the little-known ATMD's market ... ( read original story ...)

HSBC Life has appointed GREY Hong Kong to launch its new “HSBC Swift Guard Critical Illness Plan”. Hesitant to create just another insurance campaign, GREY took inspiration from real life critical ... ( read original story ...)

Predictions of a decline in Hong Kong as a financial hub look premature, at least as far as offshore yuan debt deals are concerned.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in ... ( read original story ...)