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Tag: banking

Posted on 11/01/2024

Hong Kong to boost multilateral cooperation during Asian Financial Forum

The 17th Asian Financial Forum AFF slated to run from Jan 24 to 25 in Hong Kong under the theme Multilateral Cooperation for A Shared Tomorrow is ...

Posted on 11/01/2024

Wiki Finance Expo Hong Kong 2024 Is Coming in May!

Hong Kong /Wiki Finance Expo/ – Taking place on May 17, 2024, Wiki Finance Expo Hong Kong 2024 is one of the largest and most influential fintech and digital finance events in Asia in 2024.

Posted on 11/01/2024

Hong Kong stocks arrest 7-day slump as mainland China funds step up purchases with market trading at 14-month low

Citigroup, HSBC trim Hang Seng Index targets on earnings, China policy doubts Mainland funds bought HK$2.6 billion worth of Hong Kong-listed shares on Wednesday, taking their net purchases this year ...

Posted on 11/01/2024

Hong Kong stocks’ 7-day slump worst since August, while Shanghai index hits May 2020 low on Taiwan tensions

Local stocks are on a slippery slope, with the benchmark index heading for the longest slide since mid-August. Cross-strait tensions rise a notch as Taiwanese vote for a new president later this week.

Posted on 10/01/2024

Hong Kong stocks slide for seventh day as strategists cut targets on growth outlook while Taiwan tensions sap appetite

Local stocks are on a slippery slope, with the benchmark index heading for the longest slide since mid-August. Cross-strait tensions rise a notch as Taiwanese vote for a new president later this week.

Posted on 10/01/2024

Mainland ties crucial for HK as financial hub: HKU

Strengthening ties with the mainland is crucial for Hong Kong to maintain its position as an international financial centre, according to an ...

Posted on 10/01/2024

Jimmy Lai made major financial contributions to Hong Kong opposition and US political groups before national security law arrest, court hears

Prosecutors allege tycoon Jimmy Lai paid combined HK$5.7 million to ex-US official, Catholic leader Joseph Zen, opposition parties and others before arrest Ninth day of trial looks at funding ...

Posted on 10/01/2024

Hong Kong expected to return to global Top 5 in new IPOs in 2024: report

These developments will further fortify Hong Kong's position as one of the premier international financial centers in the world, the report noted.

Posted on 10/01/2024

Hong Kong seen among five busiest IPO venues in 2024 with proceeds doubling to US$12.8 billion, KPMG forecasts

Some 90 companies are expected to raise HK$100 billion (US$12.8 billion) from their first-time stock offerings this year, more than double the amount in 2023, KPMG forecasts.

Posted on 10/01/2024

Citigroup, HSBC lower Hong Kong stock targets with questions hanging over corporate earnings, China policy tonic

Liu at Citigroup unit in Hong Kong trims his midyear target to 19,000 points from 23,000, citing lower forecasts for earnings Other regional markets may have more exciting earnings outlooks, BNP ...

Posted on 10/01/2024

Mixue Brews Up Renewed IPO Bid, Tempting Investors With Overseas Expansion

Mixue has filed to list in Hong Kong, in a deal that could value it at $5 billion or more as it reportedly seeks to raise up to $1 billion An increasingly crowded China market is pushing Mixue to ...

Posted on 09/01/2024

Hong Kong’s banks urged to step up digital fraud monitoring

As cases spike, the Hong Kong Monetary Authority is stepping up efforts to tackle fraud in an evolving banking landscape such as the use of the Faster Payment System.

Posted on 09/01/2024

Hang Seng Bank warns against fake mobile investment app

Hang Seng Bank and the Bank’s subsidiaries have no association with this application,” the bank said in a statement. In a press release, the Hong Kong-based bank warned that the app may be used to ...

Posted on 09/01/2024

Spot the difference: Hong Kong champ Andrey Rublev shows off Bulgari watch during trophy ceremony

Since becoming Bulgari’s first tennis ambassador in 2021, Rublev has amassed a collection of luxury watches and helped launch the brand's tennis-inspired Aluminum Match Point Edition model last year.

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