HSBC Holding (NYSE:HSBC)(OTCPK:HBCYF) is reviewing its retail banking business outside Great Britain and Hong Kong, the Financial Times reported Thursday, citing people familiar with the discussions.
Grande Group Seeks IPO On Thin Capitalization
Grande Group faces substantial risks in Hong Kong’s financial market. Read why GRAN stock may be a risky IPO with unpredictable revenue and high competition.
HSBC reviews retail banking outside UK and Hong Kong
HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it substantially scale back operations in countries including Mexico, as it seeks further cost cuts.
Private credit main option for some but IG deals still a pipe dream, say lenders
Lowy at SC Lowy said: “What is attractive with private credit is that, unlike traditional banks, private creditors engage closely with borrowers, developing bespoke solutions such as cash-flow-based ...
Two men deny spying in Britain for Hong Kong intelligence service
Two men denied a charge of assisting Hong Kong's foreign intelligence service in Britain before a London court on Thursday.
Hong Kong on track to be fourth in IPOs in 2024
Ranked sixth last year, Hong Kong will be listed as the fourth-largest IPO market in 2024, according to the latest KPMG report, with its new position driven predominantly by China Securities ...
Hong Kong central bank warns against unauthorized finance firm
The firm reportedly does not have authorization to take deposits. The Hong Kong Monetary Authority (HKMA) has warned against a firm named “Greenland Finance Company Ltd” operating through a specific ...
Hong Kong ex-democratic lawmaker among seven convicted for rioting after 2019 mob attack
A Hong Kong court convicted on Thursday prominent former pro-democracy lawmaker Lam Cheuk-ting for rioting after he was attacked by a white-shirted mob in July 2019 at the height of that year's ...
Hong Kong court convicts 7 men, including ex-lawmaker, of rioting during 2019 protests
A Hong Kong judge on Thursday convicted seven people, including a pro-democracy former lawmaker, of rioting during mob violence at a subway station at the height of the city’s anti-government protests ...
Hong Kong home prices: up or down? Experts weigh in with their forecasts for 2025
Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.
Hong Kong IPO: Chinese soy sauce maker Foshan Haitian eyes dual listing
Shanghai-listed Foshan Haitian Flavoring & Food, the biggest listed condiment maker in mainland China, is seeking a dual listing in Hong Kong that could raise as much as HK$1.5 billion (US$193 million ...
Hong Kong lawmakers say private schools should be required to disclose financial status
Lawmakers make the call after indebted institution fails to refund at least HK$5.8 million worth of debentures to parents.
Hong Kong ex democratic lawmaker convicted for rioting after 2019 mob attack
A Hong Kong court on Thursday convicted prominent former pro-democracy lawmaker Lam Cheuk-ting for rioting after he was attacked by a white-shirted mob in July 2019 at the height of that year's ...
Hong Kong hits ‘new highs’ in start-up numbers, foreign and mainland firms: Chan
Hong Kong signs deal with China Council for the Promotion of International Trade to bolster cross-border commerce and investment.