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Tag: banking

Posted on 16/03/2025

Financial Secretary Paul Chan earlier announced departure from traditional tender process to entice companies with cutting-edge technology

Financial Secretary Paul Chan earlier announced departure from traditional tender process to entice companies with cutting-edge technology.

Posted on 16/03/2025

Hong Kong’s investment arm to unveil tie-up with firm specialising in RISC-V tech

Partnership will help cultivate talent, finance minister Paul Chan says, with inaugural summit also planned to spread word about the technology.

Posted on 16/03/2025

Hong Kong reviews HK$15 prescriptions at public hospitals in bid to boost drug resources

Hospital Authority official says the aim of adjusting fees is not to save costs but to boost resources for patients with cancer and rare diseases ...

Posted on 16/03/2025

China Vanke’s Hong Kong unit sees strong sales in Tai Po project despite mortgage concerns

China Vanke has sold nearly three quarters of the more than 200 units on offer at its Le Mont project on the first day of sales, despite earlier reports indicating that some Hong Kong banks were ...

Posted on 16/03/2025

Hong Kong Mulls Lowering Threshold to Buy Most Expensive Stocks

Hong Kong’s stock exchange is discussing options to lower the threshold for investors to buy some of the city’s most expensive stocks to stoke trading, according to people familiar with the matter.Mos ...

Posted on 15/03/2025

Your Voice: Hong Kong’s budget, benefits of technology (short letters)

This week, students write about Hong Kong’s financial plans, embracing AI, boosting teen self-confidence and working abroad.

Posted on 15/03/2025

In SAFE hands: China’s secret plan for a US$1 trillion reserves fund in Hong Kong

Cheng Hao, the man involved in the rescue of China's 2015 market crash, runs what is the world's third largest wealth fund in Hong Kong Halfway up a 37-storey tower overlooking Hong Kong's Victoria ...

Posted on 15/03/2025

Hong Kong fintech sector sees 250% blockchain growth since 2022

Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping ...

Posted on 15/03/2025

Hong Kong on fast track to emerge as green finance hub

Hong Kong launched the Pilot Green and Sustainable Finance Capacity Building Support Scheme in 2022 to subsidize training in green and sustainable finance. Beyond developing local talent, the city has ...

Posted on 15/03/2025

Most see cost-cutting moves as inadequate in ‘mild’ Hong Kong budget: survey

More than half of people are unhappy about the Hong Kong government’s budget, with nearly 70 per cent of respondents calling measures to boost revenue inadequate, a survey has found.

Posted on 15/03/2025

HSBC picks commercial banker as CIB sustainability chief

HSBC has chosen the global head of sustainable finance and transition for its new corporate and institutional bank. Natalie Blyth, global head of commercial banking sustainability, has been appointed ...

Posted on 14/03/2025

BOC Hong Kong Schedules Board Meeting for Financial Review and Dividend Decision

BOC Hong Kong (Holdings) ( ($HK:2388) ) has shared an update. BOC Hong Kong (Holdings) Limited announced that its Board of Directors will convene ...

Posted on 14/03/2025

Bank of America cuts 16 investment bankers in Hong Kong in global trim, sources say

Bank of America has cut 16 bankers from its investment banking department in Hong Kong as part of global cuts to its dealmaking workforce, three sources with knowledge of the matter told Reuters on ...

Posted on 14/03/2025

Shanghai Commercial Bank bets on alternative data to serve Hong Kong SMEs

Shanghai Commercial Bank is a subsidiary of the Taiwan-based Shanghai Commercial and Savings Bank. Together, the two banks partner closely with the Bank of Shanghai in mainland China and are part of ...

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