Accordingly, BOC HONG KONG (02388.HK), Citi, Credit Agricole CIB, HSBC, and Standard Chartered have become cornerstone members of the Alliance today. The Alliance's formation symbolized the banking ... ( read original story ...)
HSBC Buys back Over 3.18M Shrs in HK, London Ytd for $166M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 3.1876 million shares in London and Hong Kong yesterday (7th), involving a total of approximately HKD166 million. HSBC repurchased ... ( read original story ...)
Hong Kong Stock Market Poised To Reverse Tuesday’s Losses
The Hong Kong stock market turned lower again on Tuesday, one session after snapping the two-day losing streak in which it had stumbled more than 330 points or 1.6 percent. The Hang Seng Index now ... ( read original story ...)
Hong Kong proptech start-up Butler expands beyond concierge services, signs up Swire, New World and Sun Hung Kai, eyes Singapore
The company, founded in 2018 to provide services such as cleaning and closet organising, now aims to revolutionise antiquated property-management practices Butler has signed contracts with Swire ... ( read original story ...)
China to Sell $3.46 Billion of Treasury Bonds in Hong Kong
China’s Ministry of Finance unveiled a plan Monday to sell 23 billion yuan ($3.46 billion) of yuan-denominated treasury bonds in Hong Kong this year. The bonds will be issued in four batches, with the ... ( read original story ...)
Cathay Pacific given access to HK$7.8 billion loan from Hong Kong government for another year
Hong Kong flagship carrier Cathay Pacific Airways on Tuesday said it would be able to access a HK$7.8 billion (US$1 billion) loan facility in the next 12 months after the government extended the ... ( read original story ...)
Bank of China Joins Four Global Institutions in Green Banking Initiative
Five global banks signed up as cornerstone members of the Alliance for Green Commercial Banks, a global green banking initiative established by the Hong Kong Monetary Authority (HKMA) and the World ... ( read original story ...)
Hong Kong Securities and Futures Commission issue warning over NFTs
The Hong Kong Securities and Futures Commission (SFC) has released a statement urging investors to be cautious about the risks posed by NFTs. ( read original story ...)
How 3 insurance professionals have helped Hong Kong tackle challenges such as Covid-19 pandemic
Manulife Hong Kong’s actuary Danny Lee, wealth management manager Winvy Lung and advanced analytics specialist Alex Fung devised new customer offerings and services ... ( read original story ...)
Changes needed to Hong Kong public housing allocation policy to help cut waiting times for most needy, government advisers says
Housing Authority members express concern about average waiting time for 147,500 general applicants for rental flats. ( read original story ...)
Ant Group emerges as ‘less finance and more tech’ two years after mega IPO was called off, analysts say in wake of ESG report
Ant has been under a state-guided restructuring process since its IPO in Shanghai and Hong Kong was called off in 2020 Fintech firm will focus on four pillars: digital inclusion, low carbon, ... ( read original story ...)
Hong Kong remains world’s most expensive city for expats for third straight year, city becoming ‘less attractive’ than regional rivals
High cost of living and tough coronavirus restrictions have made Singapore and Dubai more attractive for expats, says firm behind rankings. ( read original story ...)
Hong Kong not becoming ‘police state’, says city’s top cop
Hong Kong is not becoming a "police state", the city's top law enforcement officer said Tuesday, days after his officers stamped out the city's once-permitted commemorations marking Beijing's deadly ... ( read original story ...)
Hong Kong Pro-Democracy Figures Set for Largest National Security Trial
The defendants, aged between 24 and 66, include democratically elected lawmakers and district councilors, as well as unionists, academics and others, whose political stances range from modest reformis ... ( read original story ...)