Category: FINANCE

Hong Kong stocks fell on Thursday, bucking a rally across world markets, as another interest rate hike by the Federal Reserve forced the city’s central bank to lift its own borrowing costs and put ... ( read original story ...)

Limited (OTCMKTS:BHKLY – Get Rating) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 100 shares, a decrease ... ( read original story ...)

BOC HONG KONG (02388.HK) announced that the HKD prime rate and savings deposit rates will be kept unchanged at an annual rate of 5% and 0.001%, respectively. Related News JPM Fore ... ( read original story ...)

Despite the charges, Barclays said it would pay a dividend of 2.5p a share and buy back £500mn of its stock. Overall revenue rose 23 per cent to £6.7bn, compared with the average £6.5bn analyst ... ( read original story ...)

Under the plan, recently approved by China’s State Council, or cabinet, the banks will use the PBoC loans along with their own funds, lent at market rates, to refinance stalled real estate projects. ( read original story ...)

China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, the Financial Times said on Thursday, as it tries to revive the debt-stricken sector ... ( read original story ...)

Mr John Lee Ka-chiu and Mr Liu Guangyuan deliver keynote speeches in the presence of over 40 consuls based in Hong Kong ... ( read original story ...)

City's exports will 'naturally be affected', as interest rates rise in developed economies and the external economic situation continues to worsen, Chan says Private consumption will gain momentum in ... ( read original story ...)

The Hong Kong dollar has once again come under pressure, with the Monetary Authority forced to step in and defend the local currency Despite criticism of the peg to the US dollar, the city's ... ( read original story ...)

Beijing-based Kingsoft Cloud will seek a dual primary listing in Hong Kong, the latest US-listed mainland firm to seek to go public closer to home. ( read original story ...)

HSBC Holdings said on Thursday it would leave its best lending rate in Hong Kong unchanged at 5%, despite a rise in the base rate of the city's central bank, charged through its overnight discount ... ( read original story ...)

Hang Lung Group chairman Ronnie Chan says city must not underestimate 'madness with which the US wants to destroy mainland China', and Hong Kong Property tycoon and ex-head of securities watchdog also ... ( read original story ...)

Hong Kong stocks opened slightly higher on Thursday morning after the head of the Federal Reserve indicated the bank's pace of interest rate hikes ... ( read original story ...)

All four industry groups within the Hang Seng Index posted losses in the one month after HSBC last raised its best rates in September 2018 The HKMA raised its base rate to the highest level since 2019 ... ( read original story ...)