Experts in the Banking & Finance and Information Security sector converged at the Communications Association of Hong Kong’s Fintech Forum luncheon, sponsored by CITIC Telecom CPC, to explore the hot ... ( read original story ...)
Hong Kong follows US Fed in cutting interest rate for the first time since 2008 as trade war weighs down on world economy
Hong Kong's monetary authority cut the city's base lending rate for the first time in more than a decade, reducing the cost of money in a slowing economy that had been squeezed by a year-long US-China ... ( read original story ...)
Chinese drugmaker Chipscreen’s STAR Market IPO sees feverish demand
Shares of Ascletis Pharma , the first biotech firm to list in Hong Kong under the new rules, are trading about 66% below is IPO price, while performances of the rest are mixed. ... ( read original story ...)
Hong Kong Exchanges and Clearing : Terms of Reference of the Audit Committee
The Board of Hang Seng Bank Limited ("the Bank") has delegated to the Audit ... Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Pillar 3 disclosure requirements ... ( read original story ...)
Hang Seng, Shanghai Composite post monthly losses in July, as ongoing trade battling between the US and China bite
The monthly loss for the Hang Seng Index – only the second this year – stood ... US Federal Reserve rate cut could boost Hong Kong-listed bank shares, weigh on weaker property developers, experts say ... ( read original story ...)
Protests Take a Toll on Hong Kong’s Economy
the Hang Seng is up roughly 8% for the year. And much of the decline this month is due to drops in major mainland stocks, such as China Unicom, Country Garden and China Construction Bank. David Webb, ... ( read original story ...)
Hong Kong central bank cuts interest rate for first time in decade
HONG KONG, Aug 1 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged through the overnight discount window by 25 basis points to 2.5%, its first cut since late ... ( read original story ...)
From crime fighter to criminal: serial offender who stole HK$6.5 million in banking scam was 32-year veteran of Hong Kong police
Chan Wing-kai had a litany of previous convictions and had promised a judge he would turn over a new leaf after being jailed in 2016 But the 62-year-old returned to a life of crime just three months ... ( read original story ...)
Hong Kong Markets Close Early as Tropical Storm Wipha Approaches
(Bloomberg) -- A tropical storm shut Hong Kong’s financial markets for the first time in almost two years, adding chaos to a city which has been wracked by protests for weeks. The Hong Kong ... ( read original story ...)
Hong Kong’s Prime Rate Is Set to Increase This Year, BAML Says
Hong Kong faces a future of tightening liquidity as persistent depreciation pressures drive the city’s currency to the weak end of its peg against the greenback, according to Bank of America Merrill ... ( read original story ...)
After $6 bln M&A spree, insurer FWD eyes China foray ahead of potential IPO
having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while discussing the potential for an initial public offering (IPO). Huynh refused to be drawn on the ... ( read original story ...)
After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO
having a strong base in Hong Kong will be pretty compelling," said CEO Huynh Thanh Phong, while talking about the initial public offering (IPO) plans. Huynh refused to be drawn on the timing of an ... ( read original story ...)
Hong Kong Restaurant Week Summer 2019 Kicks Off With Nearly 150 Top Restaurants
HONG KONG, July 31, 2019 /PRNewswire/ -- DiningCity, together with HSBC credit card, will present the Hong Kong Restaurant Week from August 22 to September 1. Hong Kong Restaurant Week is a truly ... ( read original story ...)
HSBC deploys staff to help customers with dementia
HSBC has become the first bank in Hong Kong to roll out a new type of bank account specifically catering to sufferers of dementia – an increasing public health issue in light of the city’s ageing ... ( read original story ...)