Violence in one Hong Kong neighborhood on July 21, 2019, would rupture whatever hope existed for compromise between the authorities and pro-democarcy protesters ...
Hong Kong Stocks End the Week Higher After a Strong Finish
Hong Kong's stock market closed the week with a bang. The benchmark Hang Seng Index rose 2.5% on Friday, recouping its losses from earlier in the week. The rally followed two days of gains in the U.S.
Hong Kong leads gains in Asia as key economic data comes out across the region
Services purchasing managers' index data from major economies including China, India and Hong Kong are set to be released throughout the day.
Foreign firms will boost Hong Kong only if local industries benefit
For a 'headquarters economy' to work, foreign corporations must be encouraged to connect with local industry and local talent, and strengthen the local supply chain Hong Kong's true competitiveness ...
No changes to Hang Seng Bank’s HKD prime lending rate
Its HKD savings deposit rates also remain unchanged. Hang Seng Bank has made no changes to its Hong Kong dollar prime lending rate. It remains at 5.875% per annum (pa), the bank said in a press ...
Bank of China Hong Kong keeps HKD prime rate, deposit rate steady
Savings accounts with over HK$1m will enjoy a 0.001% pa additional bonus rate. Bank of China (Hong Kong) is keeping its Hong Kong dollar prime rate and savings deposit rate unchanged at 5.875% per ...
Global Finance Chiefs to Face Tougher China Questions at Hong Kong Summit
The Global Financial Leaders Investment Summit, a flagship event hosted by the Hong Kong Monetary Authority, begins on Monday with participants including Goldman Sachs Chief Executive David Solomon, Morgan Stanley boss James Gorman, Citigroup's Jane Fraser, as well as HSBC's Noel Quinn and Standard Chartered's Bill Winters.
Hong Kong stocks set for weekly gain as Alibaba, HSBC jump on China data while New World surges on cash boost
Stocks are set for a second weekly advance as China’s services sector expands. Policy support also helped lift confidence as mainland funds scoop up more local equities.
HK’s Financial Secretary Defends Robust Virtual Assets Regulation Amidst JPEX Probe
Hong Kong’s Financial Secretary, Paul Chan Mo-po, has asserted that stringent regulation of virtual assets is crucial for market development, defending the ...
Strict financial control by Beijing spells more opportunities for Hong Kong
As crucial meeting makes it clear China's regulatory regime will only become tighter, the city stands to feel the benefit as being a bridge with the West China's central financial work conference ...
Has Beijing secured Hong Kong’s status as an international finance hub?
Beijing’s recent pledge to improve Hong Kong’s status as an international financial centre – a show of commitment to the city made at a time when questions about its purpose grow more acute – has ...
$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express
Visa completes e-HKD CBDC trial with HSBC and Hang Seng Hong Kong is one step closer to a central bank digital currency (CBDC) with the release of its successful e-HKD phase 1 results in collaboration with Visa, HSBC, and Hang Seng Bank. According to the ...
HKTDC Hong Kong International Optical Fair Eyes On Smart and Sustainable Eyewear
Sustainable Eyewear is Still in Insight Embracing eco-friendly production and design, sustainable eyewear has become a popular choice for the modern wearer who values protecting t
Hong Kong’s third richest family set to complete NWS takeover deal after New World Development shareholders approve
Buyout by family led by billionaire Henry Cheng will see New World Development receive HK$21.75 billion (US$2.8 billion) to ease its debt burden and pay a special dividend of about HK$4 billion.