Clients identified mobile apps as the most important medium for their wealth-banking needs, but more than half were unhappy with their firm's app. In Hong Kong and Singapore, that figure rose to ...
Chinese finance ministry to issue RMB sovereign bonds worth $1.68b in Hong Kong
HONG KONG - China's finance ministry will issue renminbi (RMB) sovereign bonds through the Central Moneymarkets Unit of the Hong Kong Monetary Authority (HKMA), with a total issuance size of 12 ...
Hong Kong’s leader may be barred from a key economic summit. The city says that breaks conventions
Hong Kong's government is calling on the United States to invite its city leader to the Asia-Pacific Economic Cooperation meeting, following reports that Washington will bar the top official from the ...
China Evergrande’s winding-up hearing adjourned to Oct. 30 – Hong Kong court
The hearing for a winding-up petition against China Evergrande Group has been adjourned to Oct. 30 from July 31, a Hong Kong court diary showed.
Hong Kong says US should invite John Lee to Apec summit after report he’s barred
Mr Lee was sanctioned by the US for his role in a crackdown on anti-govt protesters in Hong Kong. Read more at straitstimes.com.
Bank of China (Hong Kong) adjusts HKD prime rate to 5.875%
The savings deposit rate will also be adjusted to 0.875% for accounts with a $5,000 balance and above. Bank of China (Hong Kong) has adjusted its Hong Kong dollar prime rate to 5.875% per anime ...
Ant Group plans restructuring, paving way for Hong Kong IPO, Bloomberg reports
Jack Ma's Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday.
Hong Kong stocks retreat as Chinese lenders slip while losses in Alibaba, JD.com halt tech rally toward bull market
Hong Kong stocks retreat as Chinese banks slip amid concerns about their loan book as Beijing pushes them to help support the housing market. Tech firms fail to get over the line as they approach bull ...
Hong Kong makes bid for greater regional integration
ASEAN is an important trading partner for Hong Kong. With a total trade of HK$1.3 trillion ($166.6 billion), it accounts for 13.7 percent of Hong Kong's global trade. The city also serves as an ...
Hong Kong Weighs Protest Song Ban That May Reshape Its Internet
Hong Kong will decide whether to ban a controversial protest song from its internet Friday, a move that could force Western tech firms such as Google to reconsider their presence in the finance ...
Asia markets set to fall ahead of Bank of Japan rate decision
The Bank of Japan is poised to hold its rates at -0.1%, but investors will look for any shift in stance in its yield curve control policy.
Hong Kong’s banks raise prime rates after city’s funding cost soars to 16-year high as US Fed leaves the door open for more inflation-busting moves
The public should take be cautious of the high interest rate environment and that it may prevail for some time, acting HKMA CEO Arthur Yuen warns HSBC and BOCHK were the first banks to increase their ...
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Biden, testing Xi, will bar Hong Kong’s leader from economic summit
China hawks in Congress had pressed the Biden administration to block Hong Kong Chief Executive John Lee from this fall's APEC leaders' summit in San Francisco.