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Tag: banking

Posted on 31/07/2024

Hong Kong shares rise sharply ahead of Fed decision

Hong Kong stocks rallied sharply in early trading on Wednesday, with the benchmark Hang Seng Index rising 280 points - or 1.65 percent - in the ...

Posted on 31/07/2024

HSBC leads Hong Kong stocks rebound but market faces risk of second straight monthly loss

Hong Kong stocks posted early gains on Wednesday, lead by the city’s biggest lender HSBC which is scheduled to report its earnings later in the day. Still the market remains on track to register a ...

Posted on 31/07/2024

Daisy Tsang Appointed as CEO of HSBC Life HK

HSBC appointed Daisy Tsang as Chief Executive Officer of HSBC Life Hong Kong, with effect from 1 August, but it is subject to regulatory approval.~AAStocks Financial NewsWeb Site: ... HSBC appointed ...

Posted on 31/07/2024

Jiuyuan, Biokin, Transthera file for Hong Kong IPOs in July

Three Chinese biopharmaceuticals have filed for IPOs on the Hong Kong exchange in July alone, highlighting a potential “newfound positivity” to strengthen the HKEX IPO market in the second half of ...

Posted on 31/07/2024

$680B Shrs Transfer From JPM to HSBC in CCASS, Involving 1,400 Species; Move Likely Related to Biz Outsourcing

According to the Stock Exchange's Central Clearing and Settlement System (CCASS) record of holdings, JPMorgan's Hong Kong stock positions have been transferred out on a large scale this Monday (22 ...

Posted on 31/07/2024

Hong Kong’s Economy Is Now Risky Business

Hong Kong is no longer the freest economy in the world; now, it is emerging as a serial sanctions evader and hub for illicit finance.

Posted on 30/07/2024

Shenzhen sells biggest batch of ‘dim sum’ bonds in Hong Kong with 7-billion yuan issue

The fourth offering in the last four years, which will fund an array of infrastructure projects, brings total funds raised to US$3 billion.

Posted on 30/07/2024

HSBC Expected to Post 14% Drop in Second-Quarter Net Profit — Earnings Preview

NET PROFIT: HSBC is expected to post a 14% drop in net profit to US$5.72 billion for the three months ended June, according to a poll of analysts by Visible Alpha. That would compare with US$6.64 ...

Posted on 30/07/2024

Stock market today: Asian shares mostly fall ahead of central bank meetings

TOKYO -- Asian shares mostly declined in cautious trading Tuesday ahead of central bank meetings around the world. The Federal Reserve, the Bank of England and the Bank of Japan are holding monetary ...

Posted on 30/07/2024

Hong Kong’s Bitcoin Bombshell: Legislative Council’s Johnny Ng Reveals Plans for Crypto Reserves!

Bitcoin Reserves on the Horizon? Hong Kong's Johnny Ng is shaking things up, proposing Bitcoin as part of the city's financial reserves. Meanwhile, Trump is making waves with his bold plan for a U.S.

Posted on 30/07/2024

Hong Kong Takes A Step Closer To Enabling Stablecoins.

Hong Kong Takes A Step Closer To Enabling Stablecoins. Legal News and Analysis - Hong Kong - Asset Finance, Banking & Finance - Conventus Law ...

Posted on 30/07/2024

Hong Kong’s Bold Move: Bitcoin Reserves on the Horizon? Legislative Council’s Johnny Ng Reveals All…

Hong Kong and Trump Race to Stockpile Crypto Gold! 🚀 Johnny Ng's Bold Move: Hong Kong's Legislative Council member Johnny Ng is shaking things up, proposing Bitcoin integration into the city's ...

Posted on 30/07/2024

FirstFT: China’s finance sector crackdown reaches Hong Kong

Also in today’s newsletter, EU prepares trade plan to tackle Donald Trump, and McDonald’s suffers first global sales drop since 2020 ...

Posted on 30/07/2024

Hong Kong Eyes Bitcoin Reserves? Shocking Revelation from Legislative Council’s Johnny Ng!

Legislative Council's Johnny Ng Proposes BTC Integration In a groundbreaking move, Legislative Council member Johnny Ng has proposed integrating Bitcoin into Hong Kong's financial reserves. Meanwhile, ...

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