Cross-border yen funding remains open despite volatility elsewhere ◆ HSBC firms up terms on senior Samurai from its Hong Kong bank ◆ BMO marketing senior deal in Australian dollars ...
Alibaba, Tencent, JD.com lead tech stock rout in Hong Kong as central banks tighten policy, China outlook dims
Chinese tech stocks slumped in Hong Kong, sending the broader market to its worst week in three months, after more central banks raised interest rates and waning confidence in China’s economic outlook ...
HSBC Buys back ~5.4M Shrs for HKD366M in Total Ytd
HSBC HOLDINGS (00005.HK) 0.000 (0.000%) Short selling $341.90M; Ratio 40.861% announced that it repurchased a total of 5.3987 million shares of the company for a total of HKD366 million yesterday ...
Clear targets, finance methods needed to make Hong Kong hydrogen push a success: experts
Yip, who is also an investment professional in green assets, said the strategy report failed to identify Hong Kong’s “own major niche” as an international financial hub to benefit from the hydrogen ...
New typhoon trading rule a boost for Hong Kong’s role as financial hub
Decision revealed by Chief Executive John Lee will allow shares to change hands even under the most extreme weather ...
Hong Kong’s Digital Banking Provider ZA Bank Introduces StockBack Offer
The move sets a precedent in the local banking industry “where users can get ‘stockback’ from every stock purchase for the first time in Hong Kong.” ZA Bank, Hong Kong’s largest digital bank by user ...
ZA Bank unveils HK’s first stock rebate programme ‘StockBack’
Calvin Ng, Alternate Chief Executive of ZA Bank, said: “As the only digital bank in Hong Kong that offers savings, insurance and investment in one single app, we provide a comprehensive suite of ...
ZA Bank’s Devon Sin on why Web3 is key to HK’s growth
The move is part of ZA Bank’s widened scope of services, which has seen the virtual-only bank expand to offering business banking services especially for Web3 companies and start-ups, says Devon Sin, ...
Hong Kong IPOs: ‘new-found positivity’ after slow first half of 2024 as deal pipeline fills
IPO proceeds in Hong Kong fell 35 per cent to US$1.5 billion in the first half, but a surge is in progress, according to KPMG and EY.
HSBC Reportedly Weighing Sale of French Life Insurance Biz
HSBC HOLDINGS (00005.HK) is pondering on the sale of its French life insurance business, and is now in the preliminary stage of exploring potential buyers' interests, Bloomberg reported. People with ...
Hong Kong to Keep Stock Market Open During Severe Weather Conditions
Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.
Hang Seng Index Closes Down, With Hong Kong Stocks ‘Directionless’ After China Data
Hong Kong's Hang Seng Index closed 0.1% lower at 17915.55, dragged by tech-related and consumer stocks. The bourse appears to be directionless after Monday's mixed China economic data, Sonija Li, head ...
Hong Kong stocks cautious, awaiting policy support after China data disappoints
Hong Kong stocks eased at the noon trading break on Tuesday as investors awaited increased policy support from Beijing amid China’s sluggish economic data and trade frictions with the European Union.
Hong Kong’s SFC Kicks out All Unlicensed Crypto Exchanges
Hong Kong’s Securities & Futures Commission (SFC) has required all unlicensed virtual asset trading platforms (VATPs) to exit the city starting tomorrow, June 1, 2024. SFC states, “All VATPs operating ...