Hong Kong, home to a number of unicorns has over the past year witnessed a lot of developments in the local FinTech field. ( read original story ...)
HSBC, LafargeHolcim team up for payment automation
The top building material solution provider in the country set to leverage HSBC’s innovative digital payments platform ... ( read original story ...)
Fitch Rates China Everbright Bank HK Branch’s USD Notes Final ‘BBB’
The notes are listed on the Hong Kong Stock Exchange, and the proceeds will be used primarily to support CEB Hong Kong branch's general funding needs. The final rating is in line with the expected ... ( read original story ...)
Meng Wanzhou is ‘contractually bound’ to try to keep HSBC evidence secret in extradition case, lawyers say
The Huawei executive’s lawyers say bank documents should be withheld from public view to encourage HSBC to take part in the Canadian court proceedings. ( read original story ...)
China and Hong Kong markets lose ground as investors wait for Fed
Investors are watching for the outcome of the Federal Reserve's policy setting meeting this week, where decision makers will gauge the strength of ... ( read original story ...)
Kookmin Bank Hong Kong Branch — Moody’s affirms Aa3 deposit and senior unsecured ratings of Kookmin Bank, outlook stable
Moody's affirms Aa3 deposit and senior unsecured ratings of Kookmin Bank, outlook stableRead the full article at Moody's ... ( read original story ...)
Hong Kong watching Chinese nuclear plant after leak reported
Hong Kong’s leader said Tuesday her government is closely watching a nearby Chinese nuclear power plant following a news report that it might be leaking. The plant’s operators have released few ... ( read original story ...)
Coronavirus Hong Kong: 2021 to be a difficult year for banks as their bottom lines remain squeezed by low interest rates and economic uncertainty amid a raging global …
The profitability of Hong Kong's banking sector, including such big lenders as HSBC and Standard Chartered remains under pressure in 2021, weighed down by historically low interest rates and the ... ( read original story ...)
Travelex and Nium launch new digital payments offering in Hong Kong
Travelex and Nium, has today announced the launch of its new digital remittance offering to users in Hong Kong. ( read original story ...)
Hong Kong stocks decline as buying support from mainland China funds wanes
Hong Kong stocks slide in early trading, paced by losses in some of the biggest financial stocks. Buying support from mainland funds has ebbed so far this month on concerns about slowing economic ... ( read original story ...)
Evergrande Slides After Caixin Reports Talks on Banking Stake
China Evergrande Group fell after Caixin’s WeNews reported that a local government asked the property giant to pare its stake in a regional lender and the banking watchdog said it would curb a key ... ( read original story ...)
Hong Kong leader ‘concerned’ about Chinese nuclear plant
Hong Kong’s leader says her government is “highly concerned” about the situation at a nearby nuclear power plant in mainland China, following media reports that the plant could be experiencing a leak ... ( read original story ...)
Hong Kong sport shoe start-up Lane Eight takes on big players with focus on sustainability, fitness enthusiasts
Hong Kong sport shoe start-up Lane Eight is taking on the big players in the footwear industry by adopting a more sustainable approach to its shoes while targeting ‘everyday athletes’. ( read original story ...)
Hang Seng Indexes boss aims to launch more gauges tracking Greater Bay Area, biotech, environmental stocks’ performance
The compiler of Hong Kong's benchmark stock index aims to launch more indices to track the performance of shares in the Greater Bay Area, according to its chief executive. New indices would also focus ... ( read original story ...)