Tag: banking

In January, the Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced new measures to deepen financial cooperation between Hong Kong and mainland China, including the ...

HSBC HOLDINGS (00005.HK) announced that it purchased 2.5 million shares on the Hong Kong Stock Exchange last Tuesday (January 28) at prices ranging from $79.85 to $79.95 per share, with a weighted ...

Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming ...

Lawmaker Lau Chi-pang also says percentages of any planned funding cuts by government should be same for all public universities.

Economy could take some hits, but diverse export destinations and Beijing’s support will mitigate negative impacts, Eddie Yue says.

Carlson Tong: HKEX Processing 100+ IPO Applications; Many A-shr Firms Intend to Come to HK for Secondary Listing ...

As global markets navigate the evolving landscape of political developments and economic indicators, major indices such as the S&P 500 have reached new highs amid optimism for potential trade deals ...

The Chinese currency's cheaper funding costs and growing offshore liquidity, coupled with a new facility, are boosting its appeal The use of the yuan in trade finance is gaining momentum as companies ...

Hong Kong’s HK$2 fare scheme for elderly residents should be adjusted by offering those aged 60 to 65 only limited usage, a top government adviser has said, while the city’s finance chief has ...

America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based ...

Hong Kong is particularly appealing to wealthy families from mainland China and Southeast Asia to set up family offices, Dennis Chow says Wealth management and family offices will be a major growth ...

Financial Secretary Paul Chan says Hong Kong is in for an exciting year filled with major events. Writing on social media after attending the Lunar ...

They sought sanctuary in the UK after escaping a crackdown on pro-democracy protests and the introduction of repressive national security laws.

Loans for use outside Hong Kong dropped by 1.3% in December. Total loans and advances in Hong Kong rose by 0.3% in December, but fell by 2.8% for 2024 as a whole, according to central bank data. Loans ...