The former chairman of the Bank of China has been indicted on bribery charges, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s ...
Goldman Lampe Pioneering the Future of Finance in Hong Kong
Goldman Lampe Private Bank, with its storied history of excellence in banking and finance, has announced a groundbreaking expansion with plans to open a new branch in Hong Kong. This strategic move is ...
Hong Kong stocks halt Year of Dragon rally on China policy rate decision, Hang Seng Index letdown
The rally in the Year of the Dragon has come to a halt as tech stocks lead losses. China’s central bank decided to maintain its policy rate, while the Hang Seng Index membership stayed at 82 to the ...
HSBC Navigates Choppy Waters: Booming 2023 amidst emerging challenges; Economic, political challenges loom in China
HSBC, basking in the afterglow of a likely strong 2023 driven by rising interest rates, faces uncertain waters in the upcoming year. CEO Noel Quinn acknowledges the potential for turbulence and ...
Pacific Century downplays FWD sale, says IPO will come at ‘opportune time’ and billionaire Richard Li to keep control of insurer
FWD Group, a Hong Kong-based insurance business controlled by Richard Li Tzar-kai, said Li would maintain his control of the company amid speculation it was considering a potential stake sale.
Hong Kong’s biggest party asks mainland China to encourage companies to seek city stock exchange listingsa, says working group should be set up
DAB says more listings from mainland would boost city's standing as major financial centre and increase global profile of Chinese companies Appeal among 30 proposals by party to go before the National ...
HSBC completes latest round of US$7 billion stock buy-back as market awaits report on bumper 2023 profits
HSBC bought back 208.1 million shares from UK trading venues, 179.9 million shares in Hong Kong under a US$3 billion mandate since November 1 HSBC's annual net profit probably surged 76 per cent in ...
Hong Kong DAB deputies to upcoming two sessions make proposals on enhancing patriotic education, facilitating cross-border travel
Some deputies from the DBA also suggested facilitating improved stock market connection by allowing both Hong Kong and mainland investors to subscribe newly issued stocks. Some suggested enhancing the ...
Swiss, HK banking documents not given to defence, court told
Nur Aida Arifin, 37, said the documents were received from Hong Kong and Switzerland through mutual legal assistance (MLA) to help investigate the 1MDB case faced by the former prime minister.
Chinese Car Rental Firm eHi Weighing $300 Million US IPO, Sources Say
(Bloomberg) -- eHi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as ...
Hang Seng Research Underlines the Need for Sandwich Generation to Grow Their Retirement Funds
Demand for Generating Stable Passive Income Favoured by Over 80% of Respondents HONG KONG, Feb. 19, 2024 /PRNewswire/ -- Hong Kong's 'Sandwich Generation' – those supporting both elders and children – ...
Hong Kong sees GBA boost to green tech, finance ambitions
Hong Kong is stepping up collaboration with its sister cities in the Greater Bay Area (GBA) to strengthen its position as an international green technology and financial centre.
Chinese Car Rental Firm eHi Is Said to Weigh $300 Million US IPO
(Bloomberg) -- eHi Car Services Ltd., a Shanghai-based car rental company, is considering a return to the US capital market with an initial public offering that may raise about $300 million as soon as ...
Citi appoints Joy Cheng as Head of Citi Commercial Bank for Hong Kong
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