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Posted on 28/02/2025

HSBC focuses on digitisation to make banking easier

HSBC remains committed to making banking easier and more secure within the ever-evolving economic landscape by blending the power of digitisation with the expertise of our colleagues and the strength ...

Posted on 28/02/2025

Value Sense Launches Stock Charting to Democratize Investment Data Analysis

Hong Kong, China, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Value Sense, a Hong Kong startup that helps investors identify undervalued companies through intrinsic value analysis, has successfully launched a ...

Posted on 28/02/2025

Hong Kong mulls new moves to spur yuan usage in stock trading, business financing

Proposed measures to expand yuan usage could shield investors from swings in the foreign-exchange market, analysts said.

Posted on 28/02/2025

Panama AG agrees Hong Kong firm’s canal concession is ‘unconstitutional’

Panama's attorney general said Wednesday that concession granted to a Hong Kong-based firm to operate ports on either end of the Panama Canal should be scrapped for being "unconstitutional."

Posted on 27/02/2025

Hong Kong to reduce dependence on land sales as major income source: Paul Chan

But some lawmakers urge the government to make bidding exercises more attractive, saying land premium revenue ‘irreplaceable’.

Posted on 27/02/2025

Exclusive: HSBC cutting staff numbers by 900 at China Pinnacle unit, sources say

HSBC is reducing staff numbers at its China digital wealth business Pinnacle by nearly half, or about 900 people, two sources said, a sharp reversal of the bank's ambition for the unit as part of its ...

Posted on 27/02/2025

Hong Kong bourse logs 10% profit jump as trading turnover and IPOs surge

Hong Kong's bourse operator reported a 10% rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic that a pickup in Chinese economic ...

Posted on 27/02/2025

Investing in megaprojects crucial for Hong Kong’s growth despite deficits: Paul Chan

Hong Kong must invest in megaprojects such as the Northern Metropolis to drive economic growth even if they cause deficits, the finance chief has said, while appealing for understanding from the ...

Posted on 27/02/2025

Budget 2025: Measures do not address poverty, Hong Kong NGO says

Hong Kong’s new budget does not do enough to support the city’s underprivileged, an NGO has said, citing meagre subsidy allowances and the scrapping of a HK$2,500 grant for students. The Society of ...

Posted on 27/02/2025

China, HK stocks slip as AI-driven tech rally pauses following Nvidia results

SHANGHAI: China and Hong Kong stocks fell on Thursday, as the tech rally underpinned by artificial intelligence startup DeepSeek paused following AI chip giant Nvidia’s earnings. China’s blue-chip ...

Posted on 27/02/2025

Veteran Hong Kong democrat and 6 others jailed for rioting after 2019 mob attack

A Hong Kong court on Thursday sentenced veteran democrat Lam Cheuk-ting and six other men to jail terms of several years for rioting after being attacked by a white-shirted mob in the summer of 2019 ...

Posted on 27/02/2025

HKEX Profit, Revenue Hit Quarterly Highs as IPO, Market Sentiment Pick Up

The stock-exchange operator said Thursday that net profit reached a fourth-quarter high of 3.78 billion Hong Kong dollars, beating market expectations.

Posted on 27/02/2025

Hong Kong stock exchange reports record profits after China stimulus

High interest rates in the US, which translate directly to Hong Kong due to the territory’s dollar peg, had depressed dealmaking in the city. Coupled with its exposure to China’s economic slowdown, ...

Posted on 27/02/2025

Hong Kong exchange’s 2024 profit rises 10% on higher trading revenues

Hong Kong's bourse operator reported on Thursday a 10% rise in profit in 2024, beating forecasts, bolstered by a sharp jump in trading revenues after the announcement of China economic stimulus ...

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