In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to $5.4 billion while profit after tax came in at $4.2 billion, ... ( read original story ...)
HSBC is set to report third-quarter earnings today. Here’s what to expect
Reported pre-tax profit for the third quarter is forecast to jump 22.8% on year to $3.776 billion, according to analyst estimates compiled by HSBC. ( read original story ...)
The Hongkong and Shanghai Banking Corporation Limited
The Negative Outlook on The Hongkong and Shanghai Banking Corporation Limited's (HKSB) Long-Term Issuer Default Rating (IDR) mirrors the Outl ... ( read original story ...)
Asifma urges Hong Kong to ease Covid rules
In an open letter to Paul Chan, Hong Kong's financial secretary, on Monday, Asifma called for a clear roadmap for exiting the city's 'zero-case' Covid strategy. Among the top financial cities in the ... ( read original story ...)
Hong Kong police tell marathon runners to cover up ‘political’ clothing and tattoos
City has become a politically hypersensitive environment since introduction of national security law last year ... ( read original story ...)
Hong Kong’s zero-Covid policy undermining financial hub status, says industry group
A financial industry group warned today that Hong Kong’s zero-Covid policy and strict quarantine requirements for international travellers threatens to undermine the city’s status as a financial hub. ( read original story ...)
Covid isolation hurting Hong Kong’s reputation: industry group
Hong Kong's decision to pursue a zero-Covid strategy and maintain some of the world's strictest quarantine measures is hammering the city's business reputation, the top lobby group for financial firms ... ( read original story ...)
Banks warn travel quarantine threatens Hong Kong’s international status
Asia’s largest financial lobby group, whose members include Goldman Sachs and BlackRock, has warned the Hong Kong government that the territory’s status as an international financial centre is at risk ... ( read original story ...)
Chinese Mall Management Giant Files for Hong Kong IPO
Zhuhai Wanda Commercial Management Group, the property servicing arm of Dalian Wanda Group, has filed for a Hong Kong stock exchange listing and, according to Chinese media reports, is seeking to ... ( read original story ...)
Hong Kong’s zero-COVID policy undermining financial hub status – industry group
A financial industry group warned on Monday that Hong Kong's zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city's status as a financial ... ( read original story ...)
Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world’s most indebted developer
HSBC, Standard Chartered – two of Hong Kong’s biggest banks – previously said they have little to no direct exposure to troubled China Evergrande Group. ( read original story ...)
Hong Kong Widens Security Supervision With Request to Banks
The Hong Kong Association of Banks with “input” from The Hong Kong Monetary Authority. Lenders operating in the city will need to report clients who they know or suspect are committing offenses ... ( read original story ...)
Covid-19 pandemic spurs youth in South-east Asia to chase start-up dreams
A new generation of young professionals, defined by the realities of a global pandemic, are eschewing work at established corporations and jumping into start-ups.. Read more at straitstimes.com. ( read original story ...)
Hong Kong exporters risk missing Christmas peak season as global supply chain crisis leaves goods stranded
Small and medium-sized enterprises, desperate for containers and facing rising transport costs, worry customers will cancel orders. ( read original story ...)