Noel Quinn, the chief executive of HSBC has said he uses his own tech equipment when he goes to Hong Kong following reports the world’s top consultancies have told their staff to use burner phones ...
HSBC Reportedly Snaps Up HKD in Bulk; Mid-to-long-term HIBORs Spike
Market rumors insinuated that HSBC had been buying large amounts of Hong Kong dollars in the foreign exchange market over the past two days while providing only overnight funds, prompting speculation ...
Asia’s First Saudi Arabia ETF Debuts In Hong Kong, Marking A Key Financial Milestone
The CSOP Saudi Arabia ETF, the first of its kind in Asia, has made a successful debut in the Hong Kong market. This marks a significant strengthening of financial ties between Hong Kong and the Middle ...
Hong Kong’s third-richest man brushes back succession theories: ‘If there’s no family member suitable, we can hire from the outside’
The revelation from Hong Kong’s third-richest man raised eyebrows in a city ... making deleveraging the priority, Chief Financial Officer Edward Lau said in an interview. The company plans to dispose ...
Accelerated crypto approvals in Hong Kong post-JPEX rugpull incident
Hong Kong, a city known for its skyscrapers and dim sum, has been making headlines in the world of cryptocurrency. Following the JPEX rugpull incident, a situation that sent shockwaves through the ...
HSBC CEO says bank ‘well provisioned’ for any further China real estate losses
HSBC is well provisioned against further China real estate losses, its CEO Noel Quinn said on Wednesday, amid a slump for the country's property market that has led to bank writedowns in recent ...
Hong Kong stocks slide for fourth day as Meituan tumbles 11% to lowest since April 2020 on slowdown warning
Meituan slumps after warning about a slowdown in demand for its services this quarter, erasing most of the stock’s post-Covid advance. The Hang Seng Index is hanging onto a 0.7 per cent gain in ...
The biggest prosecution yet is underway in Hong Kong taking pro-democracy activists to trial
Some of Hong Kong’s best-known pro-democracy activists went on trial Monday in the biggest prosecution yet under a law imposed by China’s ruling Communist Party to crush dissent. View on euronews ...
Pension Withdrawals by Residents Leaving Hong Kong in Q3 up 1.7% on Year
HONG KONG (Reuters) - Residents leaving Hong Kong for good withdrew a total of HK$2.213 billion ($283.72 million) from their Mandatory Provident Fund (MPF) pension accounts in the third quarter of ...
Nearly 60 Hong Kong public sector households also own private homes, crackdown on cheats finds
Housing chief Rosanna Law says public sector households exposed as property owners after checks on 57,000 people in 25,000 homes.
Hong Kong’s pro-democracy leaders give final defense as landmark national security trial nears an end
Dozens of Hong Kong’s most prominent pro-democracy figures are one step closer to learning their fate in the city’s largest national security case to date, as prosecutors and lawyers are returning to ...
Hong Kong stock market ‘task force’ urges push to win Middle East IPOs
Group set up by territory’s government also recommends outreach in south-east Asia as listings from China dry up ...
Hong Kong lists Asia’s first ETF tracking Saudi equities
CSOP Asset Management on Wednesday (November 29) launched Asia’s first exchange-traded fund tracking the performance of Saudi Arabian equities on the Hong Kong stock exchange.
HK shares hit one-year low, China dips as Meituan soft outlook weighs
HONG KONG: Hong Kong stocks slumped to a one-year low on Wednesday ... Caroline Yu Maurer, head of China and specialised Asia strategies at HSBC Asset Management, expects China markets to stay ...