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Tag: banking

Posted on 21/09/2024

Christie’s expands Hong Kong footprint in hope of art market ‘pickup’

The auction house took over four floors at a new skyscraper designed by Zaha Hadid Architects located in the heart of Hong Kong's financial district, with 50,000 square feet (4,600 square metres) of ...

Posted on 21/09/2024

Beijing official voices high hopes for Hong Kong efforts to promote national opening-up

Hong Kong and Macau Affairs Office's Zhou Ji voices confidence in city at launch of Beijing-Hong Kong Economic Cooperation Symposium Beijing has "high hopes" for Hong Kong's efforts to showcase a ...

Posted on 21/09/2024

Auction House Christie’s Opens at the Henderson in Hong Kong

Christie’s opened its new headquarters in Hong Kong, capping off a series of real estate expansions by auction houses in the financial hub.

Posted on 21/09/2024

HSBC and Quantinuum Pilot Quantum Security for Tokenized Gold

HSBC, a British bank and financial services group, announced today that it has successfully trialled quantum-secure technology for buying and selling tokenised physical gold. The company said this ...

Posted on 21/09/2024

HSBC tests post-quantum VPN tunnel for digital ledgers

The encryption required for post quantum cryptography will have a material impact on the performance of distributed ledgers ...

Posted on 21/09/2024

HSBC teams up with M+ again in new special exhibition ‘Guo Pei: Fashioning Imagination’

The Hong Kong And Shanghai Banking Corporation Limited (HSBC) unveils their latest #OpenToArt initiative, coinciding with M+ Special Exhibition, 'Guo Pei: Fashioning Imagination.' ...

Posted on 21/09/2024

Going for Gold: HSBC Approves Quantum-Safe Technology for Tokenized Bullions

The bank giant and Quantinuum trialed the first application of quantum-secure technology for buying and selling tokenized physical gold ...

Posted on 20/09/2024

Hong Kong banks are ‘better-than-expected’ at owning up to beat cyber fraud, survey finds

More than half of banks took full responsibility and refunded losses, which only 44 per cent of customers expected, FIS research says Banks in Hong Kong are doing a better job than expected at taking ...

Posted on 20/09/2024

Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut

Stocks jumped Thursday as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut. The Dow rose 633 points, or 1.5%, on Thursday afternoon to pass 42,000. The S&P 500 gained 2 ...

Posted on 20/09/2024

Hong Kong bank sues estate of deceased man behind legal fight for same-sex rights

A Hong Kong bank is suing the estate of a deceased man behind two court challenges against discriminatory housing and inheritance policies targeting same-sex partnerships, with the latest case ...

Posted on 20/09/2024

Hang Seng Bank reduces lending rate, deposit rates

Its prime lending rate and deposit rates are now 25 basis points lower. Hang Seng Bank has reduced its Hong Kong dollar prime lending rate and Hong Kong dollar savings deposit rates. Its prime lending ...

Posted on 20/09/2024

Hong Kong banks’ fraud responses beat customer expectations, survey finds

More than half of banks took full responsibility and refunded losses, which only 44 per cent of customers expected, FIS research says.

Posted on 20/09/2024

Primega Group Holdings: Another Overvalued Chinese Micro-IPO Poised To Drop

Primega could be the next shoe to drop after the stock exhibited initial weakness earlier this week. Find out why I initiate PGHL stock with a strong sell.

Posted on 20/09/2024

Viking returns to China with a cruise from Shanghai to Hong Kong

Viking Holdings Ltd. (NYSE:VIK) announced that it returned to China after the Viking Yi Dun completed the ship's first voyage from Shanghai to Hong Kong. The cruise line operator said its new ...

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