Hong Kong has historically provided fertile soil to grow financial institutions. Can it also make magic for crypto firms?
Hong Kong Interbank Liquidity Shrinks Toward Lowest Since 2008
Hong Kong’s interbank liquidity is falling toward its lowest level since the global financial crisis, as a wide gap between local and US interest rates forces the Asian financial hub to use frequent ...
Hong Kong leader rejects calls to drop property cooling measures
Plea from real estate developer group rebuffed as Chief Executive John Lee says measures introduced to discourage property speculation ‘still applicable’.
Ping An calls for HSBC to separately list Asian arm in Hong Kong as it continues to push for restructuring
HSBC's biggest shareholder calls for the bank to remain a majority shareholder of a separately-listed Asia business Ping An has been calling in the past year for HSBC to consider changes to enhance ...
HSBC’s top shareholder calls for breakup, expressing ‘deep concern’
HSBC’s biggest shareholder called on the bank to create a separately listed Asian business headquartered in Hong Kong to fix what it sees as a lack of competitiveness. “It is necessary for HSBC to ...
Hong Kong’s property market to show ‘obvious’ improvements in September amid slow recovery, association head says
Government should scrap market cooling measures as they 'prevent earth from spinning', says Stewart Leung from Real Estate Developers Association of Hong Kong Chief Executive John Lee dismisses ...
Ping An raises pressure on HSBC to split off Asian business
Michael Huang, chair of Ping An Asset Management, said in a statement on Tuesday that although a split would involve initial costs, these should be “open-mindedly weighed against the benefits”. He ...
HSBC top shareholder renews call for breaking up of bank
HONG KONG, April 18 (Reuters) - Top shareholder of HSBC (HSBA.L) renewed its call for breaking up of the Asia-focused bank on Tuesday, saying the lender has failed to address key business model ...
HSBC investors should vote down break-up proposal, Glass Lewis says
HSBC investors should vote against proposals calling for a strategic review and dividend policy revamp, shareholder adviser Glass Lewis has said, deepening divisions between factions of the bank's ...
Divisions deepen among shareholders ahead of HSBC AGM
HSBC should separate its Asia business into a Hong Kong-listed entity, Ping An said, in an update to proposals it began urging last November calling for the bank to spin off its Asia business. The ...
Hong Kong’s leader rejects calls to drop property cooling measures after association head says decade-old curbs ‘prevent earth from spinning’
"Hong Kong's economy won't pick up right away and it will take some ... But their mission has been completed," he said. John Tsang Chun-wah, the finance chief at the time, introduced market cooling ...
Shareholder advisor tells HSBC investors to vote against break-up
Shareholder advisor Glass Lewis has recommended HSBC investors block two resolutions filed by Ken Lui's Hong Kong-based minority investor group, describing calls to break up the lender and revamp ...
Alibaba launches cloud computing course at the University of Hong Kong Business School to train local talent
Undergraduate students at the University of Hong Kong will be able to take Alibaba Cloud's credit course starting September Alibaba Cloud, which is directly managed by group CEO Daniel Zhang Yong, is ...
Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources
By Kane Wu and Julie Zhu HONG KONG (Reuters) -State-owned China Mobile Ltd is exploring a buyout of Hong Kong's leading telecoms company HKBN Ltd, four people with knowledge of the matter said, which ...