Tag: banking

June 29 Hong Kong stocks closed at their highest level in nearly three weeks on Thursday, led by financials on bet that Beijing would unveil supportive policies as President Xi Jinping visits the former British colony to commemorate the 20th anniversary of ... ( read original story ...)

The Hang Seng index increased 0.9 percent to 25,910.58 points, while the Hong Kong China Enterprises Index gained 0.2 percent to 10,423.34. Financial shares rose sharply on expectations that China will announce more measures to link its markets with Hong ... ( read original story ...)

A good education doesn't come cheap -- especially in Hong Kong. A new HSBC (HSBC) survey conducted in 15 countries and territories found that parents in Hong Kong spend the most on learning. Hong Kong parents shelled out an average of $132,161 per child ... ( read original story ...)

Hong Kong-listed shares in HSBC climbed their highest level in more than eight and a half years on Thursday as financial stocks across Asia rallied in the wake of the Federal Reserve’s decision to clear substantial shareholder payouts by big banks in the US. ( read original story ...)

Sino-British banking giant HSBC Holdings surged 4.1 per cent by Thursday noon, propelling Hong Kong stocks higher, after Morgan Stanley increased significantly the target price for the stock, while sentiment also received a general boost as Chinese ... ( read original story ...)

HONG KONG (Nikkei Markets) -- Hong Kong stocks on Thursday rebounded from a string of losses, with heavyweight HSBC Holdings leading the charge as U.S. banks rallied overnight after clearing the Federal Reserve's stress tests. The Hang Seng Index advanced ... ( read original story ...)

Hong Kong’s role as a global financial hub may be under threat unless the city can embrace technology and adapt quickly to the tectonic changes that have taken place in the financial landscape in the two decade since its return to Chinese rule ... ( read original story ...)