Hong Kong’s retail sales rose in August as mainland Chinese tourists returned to the city, providing an encouraging lift for an economy that’s been trying to revive its image as a shopping hub.
HSBC executive to leave after criticising UK’s stance on China
HSBC’s head of public affairs is stepping down, weeks after making a public apology for saying the UK government had been “weak” by curtailing its dealings with China because of pressure from the US.
HSBC executive to exit after deploring UK’s stance on China, Bloomberg reports
HSBC Holdings Plc's head of public affairs Sherard Cowper-Coles will step down after making controversial remarks about the British government's handling of its relationship with China, Bloomberg News ...
Exclusive: HSBC to acquire Citigroup China consumer wealth business
HONG KONG, Sept 28 (Reuters) - HSBC (HSBA.L) is set to acquire Citigroup's (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of ...
HSBC HOLDINGS (00005.HK) Announces US$1B Funding for Climate Tech Startups
HSBC HOLDINGS (00005.HK) has announced a US$1 billion (HK$7.8 billion) funding round to support startups that are developing technologies that help reduce carbon emissions.Accordin... HSBC HOLDINGS ...
HSBC Buys back Over 4.85M Shrs for $296M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.8514 million shares of the company at HKD296 million yesterday (20th) in the UK and HK markets.Among which, 2.67... HSBC HOLDINGS ...
Hong Kong and Macao police arrest 4 more people linked to JPEX cryptocurrency platform
HONG KONG — Police in Hong Kong and Macao said Friday they arrested four more people linked to the cryptocurrency platform JPEX, which is suspected to have defrauded more than 2,400 people of almost ...
China’s Huawei sets up commodities hedging team in Singapore, Hong Kong
Huawei Technologies (HWT.UL) is building a commodities team to hedge and trade metals and energy products, according to the Chinese technology company's job posts on professional social network LinkedIn.
Hillhouse-Backed Logistics Company Lalatech Files for Hong Kong IPO
By Jiahui Huang Lalatech, backed by private-equity firms Hillhouse Capital and Sequoia Capital, has filed an application for an initial public offering ...
Hong Kong’s Hang Sang rebounds in Asian markets, US PCE eyed
Asian equities rebound from 10-month lows amid the thin volume due to the holidays in China and South Korea. Headline Tokyo Consumer Price Index (CPI) for September eased to 2.8 YoY vs. 2.9% prior.
Hong Kong’s Mox unveils unlimited cashback rewards, new wealth platform
The virtual-only bank is also gearing up to launch a new app interface. Hong Kong virtual bank Mox is celebrating its 3rd anniversary with Unlimited CashBack rewards for Mox Credit customers. From 26 ...
Bank of East Asia redesigns Mongkok branch
The bank has created a digital zone at the ground floor. The Bank of East Asia (BEA) has redesigned its Mongkok branch to enhance cross-boundary connectivity and provide a new setting to customers.
Hong Kong stocks open with gains
HONG KONG: Hong Kong stocks rose in the first minutes of business Friday, following a positive lead from Wall Street, as bargain-buyers stepped in at the end of another painful week for markets. The ...
Hong Kong’s new waste charging scheme has loopholes, environmentalists and cleaning industry warns
Some households in residential blocks with garbage chutes may simply decide not to put waste in government-designated bags, they warn.