Hong Kong is expanding the size of its Silver Bond offering by as much as 57 per cent, while also raising the annual coupon to help the city’s senior citizens fight higher cost of living.
Hong Kong student among 6 arrested as police clamp down on cross-border syndicate laundering HK$100 million
Postsecondary student suspected of using cryptocurrency e-wallets as part of money laundering process that involved mainland bank accounts and reselling valuables Police also arrest five others, ...
Hong Kong’s Cathay Pacific expecting profit of up to HK$4.5 billion for first half of 2023, marking strong rebound from HK$5 billion loss
Airline will also reward loyal employees who had been with company through pandemic with up to six weeks of eligible pay.
Hong Kong Takes Its Crackdown Abroad
HONG KONG—After crushing dissent at home, Hong Kong is turning its focus to activists who have continued their resistance to the Beijing-led crackdown from overseas.
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions. Hang Seng Bank introduced its innovative 'Future Banking' service concept at a new branch in Festival Walk on 12 July. The branch ...
Hong Kong to start looking for 12,000 construction workers from next week; first batch to arrive during fourth quarter
City to begin accepting applications to import labourers as part of wider drive to recruit 20,000 personnel to support construction, aviation and transport sectors 'We will receive applications every ...
Hong Kong’s status as international city high on agenda at Financial Secretary Paul Chan’s talks in Beijing
Some analysts say Beijing may be concerned about city’s economic development amid tense global political situation as they discuss Paul Chan’s meetings with central government.
Hong Kong mortgage moves call for prudent approach
Under the revised mortgage rules, homes of up to HK$15 million (US$1.9 ... Officials must monitor the market closely. Hong Kong relaxes loan rules to improve affordability and upgrades About half of ...
HSBC builds up China green finance, bonds teams in funds push
HSBC is building up its green finance and bond teams in China to meet surging demand, two sources with knowledge of the matter told Reuters, as Europe's biggest bank presses on with expansion in the ...
Correcting and Replacing: Jardine Matheson and Hongkong Land celebrate 50 years of Jardine House
Hong Kong's first skyscraper continues to innovate and attract world-class tenants Building at the forefront of the development of modern Central. Hongkong Land invests up to US$100 million annually ...
Hong Kong’s national security law: 3 years on, more than 160 prosecutions, 8 bounties later, what else can the city expect?
Rats in the streets”, “turtles with heads in shells” and “eaters of human-flesh buns” – these are among choice descriptions Hong Kong officials have thrown at a group of eight activists now operating ...
HSBC Expands Green Finance and Bond Teams in China Amid Geopolitical Uncertainties
Despite geopolitical uncertainties, HSBC Holdings, Plc (NYSE: HSBC) is building its green finance and bond teams in China after acquiring Hong Kong-based specialist asset manager Green Transition ...
Hong Kong proposes widening safety net for bank depositors by 60 per cent to US$102,560
Hong Kong has proposed widening a safety net for the city’s bank depositors in case of a bank failure to HK$800,000 (US$102,560) per depositor, according to proposals made by a government agency on ...
Hong Kong plans to raise bank deposit protection from 2025
HONG Kong plans to raise the maximum protection on bank deposits in a move designed to better shield people during times of severe stress. Read more at The Business Times.