HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 1.6793 million shares in London and Hong Kong yesterday (16th), involving a total of approximately HKD81.1122 million. HSBC ... ( read original story ...)
Why HSBC’s ‘pivot’ to Asia rings false
Readers discuss HSBC's inability to forge a new strategy for growth, the UK's interest in Hong Kong and Taiwan, why Hong Kong must bring back TikTok, and how anti-touting measures at government sports ... ( read original story ...)
Leading Hong Kong tycoons turn their backs on jet leasing
Hong Kong tycoons Li Ka-shing and Henry Cheng are both retreating from aircraft leasing, a business into which they had steered their wide-ranging conglomerates over the past decade to diversify risk ... ( read original story ...)
NetEase, JD.com lead Hong Kong stocks higher as JPMorgan turns positive on Chinese tech shares
the mainland's financial capital, plans to reopen in phases starting next month Hong Kong stocks rose to their highest level in almost two weeks after JPMorgan Chase upgraded its recommendation on ... ( read original story ...)
HKMA buys HK$5.9 billion from market as currency hits weak end of trading band
Hong Kong's de-facto central bank bought HK$5.888 billion ($750 million) from the market to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar is pegged to ... ( read original story ...)
Business must utilise potential of women in Hong Kong
Christina Ong, HSBC head of Hong Kong business banking, rightly says small and medium-sized businesses will continue to be the bedrock on which economies and local communities are built, and there is ... ( read original story ...)
Innovo’s $855M deal for HSBC tower in trouble
Innovo Property Group’s $855 million deal to purchase the HSBC tower in Midtown could come apart for lack of financing. ( read original story ...)
Calb to Tap More Banks for $1.5 Billion Hong Kong IPO, Sources Say
Calb Co., a Chinese battery supplier for electric vehicle makers, has added more banks to arrange its planned Hong Kong initial public offering, which could raise as much as $1.5 billion, according to ... ( read original story ...)
Hong Kong stocks dip after China data shows contraction, developers rally on mortgage rate cut
Hong Kong stocks fluctuated between gains and losses as investors weighed the prospect of more policy loosening against official data showing that China’s economy contracted in April. ( read original story ...)
HSBC Buys back Over 1.74M Shrs in HK, London Last Fri for Over GBP83.73M
HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 1.7496 million shares in London and Hong Kong last Friday (13th), involving a total of approximately HKD83.7341 million. HSBC ... ( read original story ...)
HSBC Reportedly Defends against Costly Asia Biz Split-up Demand
HSBC HOLDINGS (00005.HK) is preparing to caution its shareholder that splitting the bank's operations in Asia and other parts of the world would be highly costly and create sig... HSBC HOLDINGS (00005 ... ( read original story ...)
Expect jobless rate to worsen in Hong Kong, finance chief warns, while also cautioning against excessive pessimism
But jobless rate expected to top out and gradually improve as long as pandemic continues to stabilise, financial secretary Paul Chan says. ( read original story ...)
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Up 40.5% in April
Limited (OTCMKTS:BHKLY – Get Rating) was the target of a large increase in short interest in April. As of April 30th, there was short interest totalling 5,200 shares, an increase of 40.5% from the ... ( read original story ...)
Hong Kong Spends $722 Million to Defend Currency Peg
The Hong Kong Monetary Authority dipped into its foreign-exchange reserves for the first time in three years to shore up the local currency against a surging greenback. ( read original story ...)