Tag: banking

Hong Kong intervened to defend its currency for the first time since 2019, putting further upward pressure on interest rates in an economy already reeling from strict pandemic border controls and a ... ( read original story ...)

Survey finds 81.1 per cent of 1,633 people interviewed scored six and above on family happiness, but overall index of 6.98 is lowest since 2019 Mothers found to have been affected more negatively by ... ( read original story ...)

One of the Catholic Church's most senior members has been arrested in Hong Kong for breaking China's national security law, police ... ( read original story ...)

JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been ... ( read original story ...)

(Bloomberg) -- Hong Kong’s beleaguered economy faces the ... Such spending would drain liquidity from the financial system, driving up borrowing costs at a time when the economy is contracting ... ( read original story ...)

The White House and U.S. politicians join others around the world in calling for the release of a retired archbishop, singer and others in the Chinese territory. ( read original story ...)

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 ...)

bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening and breaking its peg to the U.S. dollar, the de-facto central bank's first intervention in 18 ... ( read original story ...)

Hong Kong's de-facto central bank bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening and breaking its peg to the U.S. dollar, the first time it has ... ( read original story ...)

Reports say Canadian singer and activist Denise Ho is one of at least four people who have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China's national ... ( read original story ...)

unlike a traditional initial public offering (IPO). The company's decision to list in Hong Kong, which is a dual primary listing, came after KE Holdings was added on April 22 by U.S authorities to a ... ( read original story ...)

Hong Kong authorities arrested a Roman Catholic cardinal, a singer and two others on Wednesday on suspicion of colluding with foreign forces to endanger China's national security, reports said. ( read original story ...)

Chinese property platform KE Holdings debuted on the Hong Kong Stock Exchange on Wednesday, becoming the second New York-listed firm recently to carry out a so-called listing by introduction.Shares in ... ( read original story ...)

The Hongkong and Shanghai Banking Corporation Limited and the Bank of Communications Co. Ltd. (BoCom) are in advanced discussions to transfer their existing joint credit card activities in China to a ... ( read original story ...)