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Tag: banking

Posted on 14/01/2025

Hang Seng Tipped To Halt Its Slide On Tuesday

The Hong Kong stock market has finished lower in six straight sessions, retreating almost 900 points or 4.7 percent along the way.

Posted on 14/01/2025

Hong Kong stocks slide to 4-month low as US jobs data dampens rate-cut hopes

Hong Kong stocks retreated to an almost four-month low as robust US jobs data pared bets that the Federal Reserve will cut interest rates this year, boosting the appeal of the US dollar and ...

Posted on 13/01/2025

Hong Kong Financial Secretary says capital markets will be more volatile under Trump 2.0

Hong Kong Financial Secretary Paul Chan discusses what a shifting global trade environment means for the city ahead of Donald Trump's Presidential inauguration.

Posted on 13/01/2025

China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief

Mainland’s property market is improving, PBOC governor Pan Gongsheng says, reiterating importance of special-purpose bonds for buying idle land and unsold homes.

Posted on 13/01/2025

China’s central bank chief vows to supply ample liquidity

China's central bank chief said on Monday the government will support moderately loose monetary policy to maintain ample liquidity as it tries to stimulate the economy and soften the impact of ...

Posted on 13/01/2025

Chinese smaller lender lists in Hong Kong as banks feel economic strain

HONG KONG -- A smaller mainland Chinese lender from the inland province of Sichuan made its debut on Hong Kong's stock market Monday, amid wariness over growing pressure on the country's banking ...

Posted on 13/01/2025

China’s Central Bank Chief: Will Use Interest Rates and RRR to Keep Ample Liquidity

Pan Gongsheng, governor of the People's Bank of China, told the Asia Financial Forum in Hong Kong that the central bank will apply various tools such as interest rates and required reserve ratio to ...

Posted on 13/01/2025

Hong Kong financial systems ‘to become more robust’ in second Trump term

Hong Kong Monetary Authority CEO makes pledge as he predicts markets this year will be rocked by intensifying geopolitical rifts.

Posted on 12/01/2025

Hong Kong financial systems ‘to become more robust’ amid second Trump term

Hong Kong Monetary Authority CEO makes pledge as he predicts markets this year will be rocked by intensifying geopolitical rifts.

Posted on 12/01/2025

IMF Endorses Hong Kong’s Financial Hub Status and Fiscal Strategy

Article IV Consultation with the Hong Kong Special Administrative Region (HKSAR), the International Monetary Fund (IMF) has recognized Hong ...

Posted on 11/01/2025

Hong Kong urged to spend ‘smarter’, after IMF backs city’s saving efforts

Experts make call a day after report from IMF also advises tax revenue boost to tackle mounting spending pressures as population ages.

Posted on 10/01/2025

Toymaker Bloks surges 82% in Hong Kong debut after sizzling IPO reception

Demand from Hong Kong retail investors was 6,000 times more than the amount of shares allocated to them, the second highest on record Shares of Chinese toymaker Bloks Group surged as much as 82 per ...

Posted on 10/01/2025

IMF Turns Less Upbeat on Hong Kong Growth With 2025 Forecast Cut

The International Monetary Fund lowered its forecast for Hong Kong’s economic growth this year and warned of the risks Asia’s financial capital faces as it integrates more closely with mainland China.

Posted on 10/01/2025

BOC Aviation Relocates Hong Kong Office to Lee Garden One

Discover outperforming stocks and invest smarter with Top Smart Score StocksFilter, analyze, and streamline your ...

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