RMB deposits in Hong Kong increased by 4.2% in May to RMB1,134 ... Related News UBS Expects Weak Net Interest Income Growth in 1H24 for HANG SENG BANK w/ Continuous Improvement in Non-Interest Income ...
Hong Kong’s nascent hydrogen economy needs bigger push to get rolling, advocates say
In the last of a four-part series, Eric Ng and Martin Choi look at efforts to ignite a local hydrogen economy in Hong Kong.
Hong Kong’s IPO outlook brightens with SF Holding, Tong Ren Tang filing applications
Shenzhen-listed SF Holding, the parent of courier operator SF Express, has taken a second stab at raising funds in the city after its initial application filed last August lapsed. It had reportedly ...
Hong Kong government hits out at head of drug rehab facility after embezzlement denial
UK-based principal Alman Chan rejects accusation he was involved in the theft of HK$50 million in donations raised for college’s operations.
BeyonCa to establish the first ‘Made in Hong Kong’ car brand with smart electric vehicle
The Chinese premium electric vehicle start-up plans to build a factory and establish its global headquarters in Hong Kong as it looks to gain a foothold in the industry.
Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined
The AssangeDAO core team member said this could be considered the first historical event in which the DeFi community contributed to releasing someone from prison.
Shein keeps option of Hong Kong IPO as backup plan, FT reports
Online fast-fashion group Shein is keeping alive a fallback option to list in Hong Kong despite filing confidential paperwork earlier this month with the UK's financial regulator, Financial Times ...
Shein keeps option to list in Hong Kong as backup, FT reports
Online fast-fashion group Shein is keeping alive a fallback option to list in Hong Kong despite filing for a London listing, the Financial Times reported on Friday, citing people familiar with the ...
Renault-backed EV startup plans assembly in Hong Kong
BeyonCa, which is backed by Renault Group and Dongfeng Motor, said it will locate its international headquarters in Hong Kong, developing the territory's first car brand.
Exclusive: US law firm Dechert considering shuttering offices in Hong Kong, Beijing, say sources
U.S.-founded law firm Dechert is considering closing its offices in Hong Kong and Beijing, becoming the latest foreign firm to scale back in Greater China, two people said, amid a prolonged capital ...
Hong Kong to enhance cross-border transfers for residents who work, live in mainland China
Hong Kong’s monetary authority plans to sign an agreement with the Chinese central bank to find ways to enhance cross-border remittance services to make it easier for Hongkongers who work or retire on ...
RBI Penalizes HSBC with Rs 29.6 Lakh Fine for Card Compliance Issues
The Reserve Bank of India (RBI) has fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) Rs 29.6 lakh for failing to comply with directives related to credit, debit, and prepaid card ...
HSBC slapped with Rs 29.6 lakh penalty by RBI for non-compliance with card norms
Mumbai: The RBI on Friday said it has imposed a penalty of Rs 29.6 lakh on The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with ...
RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations
The Reserve Bank of India (RBI) has imposed a penalty of Rs 29.6 lakh on HSBC for non-compliance with directions related to credit card operations. The penalty was imposed following a supervisory ...