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Tag: banking

Posted on 13/12/2023

Hong Kong stocks slide as China offers no fresh stimulus, omits mention on property market in key policy meeting

Stocks slip, reflecting disappointment over the lack of fresh stimulus from Beijing, or new measures to revive the housing market. The city’s equity market is heading for an unprecedented fourth year ...

Posted on 13/12/2023

Hong Kong’s property pain may soon get real

HONG KONG, Dec 13 (Reuters Breakingviews ... It raises the pressure to act on the issue and it means property prices in the financial hub could fall a lot further. A bigger apartment is one of the ...

Posted on 13/12/2023

China policymakers visit Hong Kong to boost finance hub

CHINA’S financial policymakers are in Hong Kong this week meeting bankers to seek ways to bolster the city’s status as a hub for investments, deals and talent. Read more at The Business Times.

Posted on 13/12/2023

Hong Kong stocks drop as China offers no fresh stimulus, omits mention on property market in key policy meeting

Stocks slip, reflecting disappointment over the lack of fresh stimulus from Beijing, or new measures to revive the housing market. The city’s equity market is heading for an unprecedented fourth year ...

Posted on 13/12/2023

Hong Kong professionals should expect salaries to remain static next year, Robert Walters survey finds

Hong Kong professionals should expect salaries to remain static in 2024, with 81 per cent of employers saying increments will be below 6 per cent, according to Robert Walters Group.

Posted on 12/12/2023

JPMorgan to outsource $500B custody business in Hong Kong, Taiwan

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...

Posted on 12/12/2023

Chinese billionaire Wang Jianlin loses control of Hong Kong IPO candidate in deal to avert US$5.3 billion crunch

Chinese billionaire Wang Jianlin will relinquish control of his key shopping-mall management unit under a deal with investors just in time to avoid a 38 billion yuan (US$5.3 billion) redemption before ...

Posted on 12/12/2023

Hong Kong leads Asia markets higher ahead of Fed’s final meeting of 2023

Asian investors will also be watching Japan's corporate inflation rate, which is expected to have slowed to 0.1% from 0.8% in October.

Posted on 12/12/2023

NSE Set to Overtake Hong Kong in Market Cap, Becoming World’s Seventh-Largest Trading Venue: Report

In October, the NSE reported a market capitalisation of $3.7 trillion, compared to Hong Kong's $3.9 trillion, reported Financial Times. While Hong Kong grapples with liquidity issues, India is ...

Posted on 12/12/2023

Hong Kong – Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025.

Hong Kong - Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025. Legal News and Analysis - Hong Kong - Banking & Finance - ...

Posted on 12/12/2023

Hong Kong – HKMA’s Supervisory Policy Manual (SPM): CR-S-4 “New Share Subscription And Share Margin Financing”.

CR-S-4 “New Share Subscription And Share Margin Financing”. Legal News and Analysis - Hong Kong - Banking & Finance, Regulatory & Compliance - ...

Posted on 12/12/2023

Two Hong Kong IPOs make end-of-year listing dash

Elsewhere, lithium ion battery manufacturer REPT BATTERO will finalise on Wednesday the pricing for its Hong Kong IPO that is aiming to raise up to HK$2.4 billion ($307.48 million). The three deals ...

Posted on 12/12/2023

India overtakes Hong Kong to become the world’s seventh largest stock market

India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region’s major equity markets.

Posted on 12/12/2023

Amid economic downturn, Hong Kong is dubbed ‘a relic’ of an international financial center

Hong Kong has had a significant economic downturn over the last three years, correlating with the start of the COVID-19 pandemic and adoption of the Beijing-imposed National Security Law.

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