Paul Chan, Financial Secretary of the Hong Kong SAR Government, delivered his 2026-27 Budget today (February 25), with a range of initiatives to support and diversify Hong Kong's economic growth, ...
Hong Kong finance chief tips up to 3.5% growth this year
Hong Kong's finance chief tipped another year of economic growth in 2026 as he unveiled his annual budget on Wednesday with plans for investment in innovation zones and AI training.
Hong Kong to tap peg defence fund for first time in 40 years
The HK$4.1 trillion fund works as a backstop for the city’s currency peg to the US dollar Read more at The Business Times.
Hong Kong home prices continue recovery as analysts forecast 2026 increase of at least 10%
Private home prices in Hong Kong rose 0.5 per cent in January, the eighth consecutive month of increase, strengthening signs of a housing recovery as analysts forecast prices to jump at least 10 per ...
Stablecoin payments firm RedotPay eyes $1bn US IPO- report
Hong Kong-based cryptocurrency payments platform RedotPay is reportedly planning an initial public offering (IPO) in the US. The company is aiming to raise more than $1bn through the listing, ...
HSBC on track to deliver cost savings six months early
HSBC has said it will not make further share buybacks until its capital ratios have improved following its $14bn privatisation of Hang Seng Bank, potentially extending its previous warning of a ...
HSBC lifts investment plan in Hong Kong, other high-growth markets to US$1.8 billion
HSBC’s pre-tax profit last year declined to US$29.9 billion from US$32.3 billion a year earlier, but beat analysts’ estimate of US$28.86 billion.
HSBC beats profit estimate despite China investment, Hong Kong bad loans
Europe's largest bank beat earnings expectations Wednesday despite impairment losses related to Hong Kong's commercial property sector and its investment in China's Bank of Communications, as the bank ...
Hong Kong to grant first stablecoin licences in March
Hong Kong has set March as the target month for approving its first stablecoin issuer licences, even as it prepares a broader legislative push to tighten oversight across the digital asset sector.
HSBC says capital ratios need to improve before it resumes buybacks
HSBC has said it will not make further share buybacks until its capital ratios have improved following its $14bn privatisation of Hang Seng Bank, potentially extending its previous warning of a ...
HSBC Lifts Earnings Target, Annual Profit Dips but Beats Estimates
HSBC said it was raising its target for return on tangible equity, a key measure of profitability for banks, to "17% or better" through 2028, up from its "mid-teens" target set for the three years ...
HSBC share price soars in Hong Kong as wealth unit boosts earnings
The HSBC share price jumped by over 3% in Hong Kong, reaching a high of $140, its highest level since February 11. It is nearing its all-time high of $141.5, up by 102% from its lowest level in April ...
Why Hong Kong remains a strategic financial base for high-net-worth Filipinos
For HNW Filipinos, Hong Kong’s appeal lies in the way its capital markets, innovation ecosystem, regulatory transparency and tax efficiency work together. Global economic conditions are evolving, but ...
HSBC logs decline in annual profit on impairments, raises key target
HSBC took subsidiary Hang Seng Bank private in a $13.7 billion deal last year. It said on Wednesday that their combined banking operations would target $900 million in pre-tax revenue and cost ...