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Tag: banking

Posted on 29/01/2024

Hong Kong stocks jump on more China measures to support market, Evergrande liquidation shocker limits rally

tumbled 3 per cent to HK$62.65. The China Securities Regulatory Commission said it will bar key shareholders from lending their stock under lock-up period from Monday. The decision, announced over the ...

Posted on 28/01/2024

Hong Kong is facing a repeat of 1998 Asia financial crisis

A year ago, Hong Kong’s finance industry was hoping that a China reopening would unleash pent-up consumer demand and bring deals and prosperity to the city. There is no such illusion left. As the Hang ...

Posted on 28/01/2024

Chinese courts to rule on Hong Kong commercial disputes under new law

Legislation will further erode differences between legal systems of Hong Kong and mainland ...

Posted on 28/01/2024

HK’s Bank of Jinzhou to receive 3.15 billion yuan takeover offer from Liaoning Financial

HONG-Kong-based Bank of Jinzhou said on Friday that Liaoning Financial Holding would make an offer to buy all domestic shares in the bank for an aggregate consideration of 3.15 billion yuan (S$591 ...

Posted on 27/01/2024

Hong Kong stocks jump 3% after report on more China stimulus; Bank of Japan keeps policy unchanged

The Bank of Japan is expected to hold its negative interest rate policy and yield curve control at this meeting.

Posted on 27/01/2024

Hong Kong ETFs: What They Are and How They Work

Hong Kong ETFs expose investors to Hong Kong's financial markets and can be a way to diversify portfolios geographically.

Posted on 27/01/2024

Hong Kong’s Bank of Jinzhou to receive 3.15 billion yuan takeover offer from Liaoning Financial

Find out more about subscription packages here. HONG-Kong-based Bank of Jinzhou said on Friday that Liaoning Financial Holding would make an offer to buy all domestic shares in the bank for an ...

Posted on 26/01/2024

HSBC: No. of Subscribers on 1st Day of Issuance of AAHK’s Retail Bond Similar to 2023 Green Bond 1st Day Subscription

Today is the first day for the public issuance of Airport Authority Hong Kong (AAHK)'s retail bonds. The number of customers subscribing for the retail bonds issued by the AAHK through HSBC was ...

Posted on 26/01/2024

Hong Kong Data Center Market Set for Remarkable Growth, Forecast Shows Potential Surge by 2028

As a crucial international finance and trading hub, Hong Kong's demand for high-quality data storage and management services continues to witness significant growth. This is particularly influenced by ...

Posted on 26/01/2024

India’s Stock Market Is Now as Big as Hong Kong’s. 4 Charts Explain Why.

The Hang Seng Index, which tracks the 80 largest companies trading on the Hong Kong exchange, declined 32% over the past year. It is near its lowest level in almost two decades. The IPO Story Tumbling ...

Posted on 26/01/2024

‘Hard to believe’: Hong Kong ‘lagging behind’ in e-payments as Octopus card and cash keep grip on shoppers, merchants

Some platforms have grown in popularity since pandemic, but merchants complain about relatively high transaction fees for e-payment systems, say they prefer cash.

Posted on 26/01/2024

Hong Kong’s Economy Is Struggling. Will It Crack in 2024?

While there will be tailwinds for Hong Kong’s economy in 2024, both immediate and long-term challenges remain.

Posted on 25/01/2024

Airport Authority retail bonds to be oversubscribed, BOCHK says, but HSBC reports only ‘favourable’ demand

Airport Authority Hong Kong’s HK$5 billion (US$640 million) retail bonds are expected to be oversubscribed, but have not generated as much buzz as the green bonds the Hong Kong government issued in ...

Posted on 25/01/2024

Islamic finance: Malaysian expert sees Hong Kong benefiting from deglobalisation, shift in ethical financing

Hong Kong is well-positioned to leverage its status as a global financial hub to establish connections with industry powerhouses in Southeast Asia and the Middle Eastern countries, says Azman Mokhtar, ...

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