The Hong Kong Professional Teachers’ Union ... Staff from HSBC, Standard Chartered, Citibank, Deutsche Bank, JP Morgan and UBS were among those who backed the call, some posting pictures of their ... ( read original story ...)
Hong Kong cuts rates after Fed move, but banks stand pat on funding pressure
HONG KONG (Reuters) - Hong Kong's central bank lowered its benchmark interest rate on Thursday, its first cut since late 2008, tracking a cut in U.S. rates, although tight cash conditions in the city ... ( read original story ...)
Virtual banking – how we embrace it whilst managing the security risks behind?
Experts in the Banking & Finance and Information Security sector converged at the Communications Association of Hong Kong’s Fintech Forum luncheon, sponsored by CITIC Telecom CPC, to explore the hot ... ( read original story ...)
Hong Kong follows US Fed in cutting interest rate for the first time since 2008 as trade war weighs down on world economy
Hong Kong's monetary authority cut the city's base lending rate for the first time in more than a decade, reducing the cost of money in a slowing economy that had been squeezed by a year-long US-China ... ( read original story ...)
The future of Hong Kong’s property market is looking ‘dim,’ researcher says
The future for Hong Kong's property market is bleak, a commercial real estate services researcher predicts. That expectation comes amid a possible U.S. recession and China-U.S. trade tensions. ... ( read original story ...)
Chinese drugmaker Chipscreen’s STAR Market IPO sees feverish demand
Shares of Ascletis Pharma , the first biotech firm to list in Hong Kong under the new rules, are trading about 66% below is IPO price, while performances of the rest are mixed. ... ( read original story ...)
Hong Kong Exchanges and Clearing : Terms of Reference of the Audit Committee
The Board of Hang Seng Bank Limited ("the Bank") has delegated to the Audit ... Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, Pillar 3 disclosure requirements ... ( read original story ...)
Hang Seng, Shanghai Composite post monthly losses in July, as ongoing trade battling between the US and China bite
The monthly loss for the Hang Seng Index – only the second this year – stood ... US Federal Reserve rate cut could boost Hong Kong-listed bank shares, weigh on weaker property developers, experts say ... ( read original story ...)
Protests Take a Toll on Hong Kong’s Economy
the Hang Seng is up roughly 8% for the year. And much of the decline this month is due to drops in major mainland stocks, such as China Unicom, Country Garden and China Construction Bank. David Webb, ... ( read original story ...)
Hong Kong central bank cuts interest rate for first time in decade
HONG KONG, Aug 1 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged through the overnight discount window by 25 basis points to 2.5%, its first cut since late ... ( read original story ...)
Hong Kong Rioting Charges Signal Harsher Line Against Protesters
(Bloomberg) -- Hong Kong’s decision to charge dozens of protesters with a colonial-era rioting charge that carries a 10-year prison term suggested that the government was heeding calls for a tougher ... ( read original story ...)
China’s $70 billion opportunity: An interview with Cheng Hye Cheah, co-chairman of Value Partners
We have to ease into it. If you disrupt them too much, it will be difficult for society. Cheng Hye Cheah is co-chairman and co–chief investment officer of Value Partners. Joe Ngai is a senior partner ... ( read original story ...)
Hong Kong’s IoT startup HOMI SmartHome nets US$1.3M seed funding
HOMI SmartHome, a Hong Kong-based smart home managed services startup, has raised a US$1.3M seed round, led by Singapore-based investors SeedPlus, AngelCentral, and Xoogler Angels. The company will ... ( read original story ...)
Chinese forces gathering at Hong Kong border, White House officials monitoring escalation
“Hong Kong police know the law and break the law,” protesters chanted as they made their way through the streets. The extradition bill that sparked the start of protests in June has been suspended, ... ( read original story ...)