Hong Kong is dusting off the gong for the city’s first in-person listing ceremony in two years.Most Read from BloombergLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpSwitzerland ... ( read original story ...)
HSBC Buys back Over 3.19M Shrs in HK, London Ytd for $164M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1931 million shares in London and Hong Kong yesterday (22nd), involving a total of approximately HKD164 million. HSBC ... ( read original story ...)
Exchange Fund: how US$574 billion war chest defeated Soros, defended Hong Kong dollar peg in post-handover financial crises
From the Asian financial crisis to the global crisis of 2008 and beyond, the fund has played a vital role in supporting Hong Kong's currency and markets The current and first CEOs of the Hong Kong ... ( read original story ...)
HKMA intervenes to defend Hong Kong dollar peg, taking currency purchases beyond HK$100 billion amid capital flight
The HKMA has bought HK$104.28 billion and sold US$13.28 billion in 14 interventions since May, surpassing the previous annual interventions in 2018 and 2019 Widening yield gap has stoked capital ... ( read original story ...)
Hong Kong’s Iconic Jumbo Floating Restaurant Has Sunk
Hong Kong is known for its beautiful skyline, Disneyland outpost, and amazing local cuisine. And one of the most iconic spots to get a taste of the city used to be the Jumbo Floating Restaurant, once ... ( read original story ...)
Israel and Hong Kong to Test New Digital Currency
CBDC and half are actively developing a digital version of their fiat money. In our current financial climate, there is growing discussion of a new payment technology that could become the go-to ... ( read original story ...)
A former manager at a major crypto exchange is accused of making illegal trades to bank $5 million in tether, report says
Boliang reportedly made a retail account in his father's name and then deposited $20 million of credit into the account to make crypto trades. ( read original story ...)
Hong Kong’s Famed Jumbo Floating Restaurant Has Sunk to the Bottom of the Sea
One of Hong Kong’s most renowned restaurants just gave new meaning to the words “going under.” Over the weekend, the iconic Jumbo Floating Restaurant sank as it was being towed away from the city, the ... ( read original story ...)
The Early Edition explores the local impacts of the Hong Kong handover 25 years later
Hong Kong Handover: 25 years later’ airs on The Early Edition with features on cbc.ca/bc and CBC Vancouver News. ( read original story ...)
Here’s Why Momentum in BOC Hong Kong Ltd. (BHKLY) Should Keep going
BOC Hong Kong Ltd. (BHKLY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move. ( read original story ...)
Fusion Bank Further Rolls out E-voucher Rewards of Up to $630 for Bundle with WeChat Pay HK
In response to the second phase of the government's consumption voucher scheme, Fusion Bank, a virtual bank located in Hong Kong, announced to further launch another reward scheme for its users. ( read original story ...)
Microsoft supports Hong Kong start-ups in partnership with Science Park, Cyberport
Microsoft for Startups Founders Hub is designed to provide Hong Kong-based start-ups with technology and guidance More than 40 local start-ups have joined the programme, including Clearbot, AlgoBot, ... ( read original story ...)
Hong Kong Monetary Authority steps up purchases of local dollar to defend peg
The aggregate balance in Hong Kong's banking system will fall to HK$241.78 billion as of Friday. The move comes as aggressive US rate hikes have caused a widening interest-rate gap between the US ... ( read original story ...)
Hong Kong IPO Gong Is Back for First Listing Ceremony Since 2020
Hong Kong is dusting off the gong for the city’s first in-person listing ceremony in two years.Most Read from BloombergLiz Cheney Is Paying the Price in Her Home State for Crossing TrumpSwitzerland ... ( read original story ...)