The Chinese banks that Moody’s changed from negative to stable include three policy banks and five large state-owned commercial banks.
Top conference shows world banks on Hong Kong
Meeting of leading central bankers an answer to those who doubt city's reputation as global financial centre If there is still any doubt as to the continuing importance of Hong Kong as a global ...
Moody’s cuts Hong Kong, Macau and bank rating outlooks following China move
Industrial & Commercial Bank of China and Postal Savings Bank of China. (Reporting by Gursimran Kaur in Bengaluru, Twinnie Siu in Hong Kong and Marc Jones in London, Editing by Louise Heavens, ...
Hong Kong’s SFC issues fraud warning against two crypto entities
The Securities and Futures Commission (SFC) of Hong Kong has recently issued a stern warning against two cryptocurrency entities, Hong Kong Digital Research Institute and BitCuped, for suspected ...
Hong Kong regains appeal among global financial talent as opportunities open up in fintech, ESG and markets: HKIMR report
Hong Kong has seen an influx of professionals in the financial sector since the borders reopened, according to a report released on Wednesday, but must continue to develop its fintech ecosystem, and ...
HSBC’s Noel Quinn Remains Bullish on Global Econ, Thinks World Re-globalising
Short selling $130.41M; Ratio 18.651% CEO Noel Quinn said he remained optimistic about the global economic situation, and believed that Chi ...
Garden Stage Limited Announces Closing of Initial Public Offering
The Company received aggregate gross proceeds of US$11.5 million from the Offering, after the underwriters exercised their over-allotment option in full to purchase the additional 375,000 Ordinary ...
HSBC recognised as the best transaction, cash management bank at the CorporateTreasurer Awards
The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh has been recognised as the best bank in two categories at the CorporateTreasurer Awards 2023. The categories are Best Cash ...
Wanxiang Trust: Another Chinese ‘shadow bank’ faces major financial trouble
Hong Kong CNN — Wanxiang Trust, an investment and asset management company in China, has reportedly missed payments on several investment products to investors, adding to fresh worries about the ...
Trio of Hong Kong Listings Have Mixed Trading Debuts
By Jiahui Huang A hydrogen fuel cell specialist, a fintech company and a cleaning-service provider had mixed debuts in Hong Kong, coming on a rare day ...
Hong Kong stocks hit fresh 13-month lows amid economic jitters; Evergrande surges on court reprieve
Hong Kong stocks eased to a new 13-month low as concerns that more weak Chinese economic data will emerge this week, offsetting positivity from state efforts to support equities.
Hong Kong, Thailand launch cross-border QR payment service
Hong Kong and Thailand have officially launched the FPS x PromptPay Link for cross-border QR payment between the two markets. The initiative is expected to provide fast, secure, and easily accessible ...
Hong Kong leader points to economic strides as finance chief warns of looming deficit
Chief Executive John Lee urges residents not to belittle themselves or city’s economic progress since emerging from ‘haze of pandemic’.
Bank of Singapore grows its Hong Kong senior team
T he Greater China, Hong Kong branch of Bank of Singapore will name Rickie Chan as its head of private banking. Presently serving as the head of the Greater China branch in Hong Kong, Teresa Lee will ...