The prime rate at BOCHK, HSBC and its subsidiary Hang Seng Bank is set at 5.875 per cent. The rate at Standard Chartered, Bank of East Asia, Citigroup, CCB Asia and other lenders stands at 6.125 per ...
Hong Kong keeps rate steady for seventh time as traders shift hope of cuts to later this year
Hong Kong's de facto central bank kept its base rate unchanged for the seventh time - with local lenders following suit - as traders in the financial markets shift their attention to later this year ...
How to grow your brand in Hong Kong and beyond
SCMP Advertising+ partners with WARC, the leading global authority on marketing effectiveness, to launch new insights on brand marketing with a series of events ...
What It Takes to Win Hong Kong’s Dragon Boat Race, According to a Champion
This week, credit reporter Lorretta Chen recounts how her team beat Morgan Stanley to win this year’s Dragon Boat championship, while editor Soo Jin Kim checks out the newly renovated Fish Bar in the ...
Hong Kong’s leader says bold tourism ideas welcome but must be practical
John Lee tells lawmakers that imaginative ways to lure tourists to city are needed, but logistics must be feasible.
Hong Kong choosing gas over wind power turns net zero hopes to hot air
If Hong Kong wants to meet its net zero goal by 2050, it needs a renewable energy plan that doesn’t rely on natural gas for decarbonisation.
QuantumPharm soars in Hong Kong trading debut as traders bet on AI-backed drug researcher
QuantumPharm’s shares soared on their trading debut in Hong Kong, as traders piled into the stock even before the AI-powered pharmaceuticals researcher posted any profit. Trading under the stock code ...
Hong Kong lenders HSBC, DBS stand pat on rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief from high ...
Hong Kong Pop Star-Backed Esports Firm NIP Group Files for US IPO
NIP Group Inc., an esports company that counts Hong Kong singer Jackson Wang among its backers, has filed for an initial public offering in the US.Most Read from BloombergHunter Biden Was Convicted.
HSBC, DBS Hong Kong stand pat on interest rates as wait for borrowing-cost relief extends
HSBC, Hong Kong’s biggest note-issuing bank, and DBS Hong Kong will keep their key lending and deposit rates unchanged, meaning mortgage borrowers and companies face a longer wait for relief.
HSBC Buys back ~4.96M Shrs for HKD336M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.9557 million shares of the company for a total of HKD336 million yesterday (12th) in the UK and Hong Kong markets. Among which, HSBC ...
QuantumPharm rises in Hong Kong trading debut as traders bet on AI-backed drug researcher
QuantumPharm is the first company to list under Chapter 18C, a new regime introduced more than a year ago for pre-revenue specialist technology firms.
Payments Fintech Airwallex Reports Steady Business Growth in Hong Kong
Airwallex, a global payments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of ...
Hong Kong central bank keeps key rate steady, tracking Fed move
HONG KONG, June 13 (Reuters) - The Hong Kong Monetary Authority (HKMA) left its base rate through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal ...