Operating profit rose 67% compared to a year earlier. Hang Seng Bank saw its profit attributable to shareholders rise 79% to HK$9.82b in H1, the bank revealed in its 2023 interim results.
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
Zhen and Laura Matthews HONG KONG/NEW YORK (Reuters) -Chinese fears of a spillover from missed payments on some shadow banking linked trust products and worsening consumer sentiment are expected to ...
Dentons Hong Kong adds new partner to leverage finance and capital markets capabilities
The well-known law firm welcomes Nicholas Chua as new partner, bolstering its expertise in banking, capital markets and corporate finance both in Hong Kong and across the region.
Hong Kong reverses years of population declines
The population of Hong Kong has risen as the territory dismantled pandemic curbs and the economy bounced back, new figures showed on Tuesday.
Hong Kong’s population rises, reversing years of reporting drops
HONG Kong’s population grew as the city dismantled pandemic curbs and the economy bounced back. Read more at The Business Times.
Heeding Beijing’s call, law firms tone down China risks in IPO applications
Law firms in China are scrambling to comply with Beijing's new guidance to tone down the language used to describe China-related business risks in companies' offshore listing documents, five people ...
To read Hong Kong’s future as a crypto hub, look closely at its colorful paper money: Opinion
Most countries allow only government to mint currency, but in the land of public-private partnerships, legal tender HKD notes are issued by private banks.
Hong Kong stocks drop for third day despite China rate cut amid lacklustre economic data and fear of property contagion
Data released on Tuesday suggests an across-the-board slowdown in China's economy, with industrial output and retail sales both slowing As the property sector's distress deepened, China's central bank ...
VS Media Holdings Proposes Terms For $10 Million IPO
VS Media Holdings Limited, a network of online content creators, filed for a $10M IPO. Read more to see why I rate VSME a Sell.
A closer look at Hong Kong-listed Malaysian companies as HKEX eyes more Southeast Asian IPOs
This article first appeared in Capital, The Edge Malaysia Weekly on August 7, 2023 - August 13, 2023 BARELY a month since sounding the ceremonial gong at the Rockefeller Centre to mark the opening of ...
Why Hong Kong could be the answer to world’s urgent need for climate finance
With its deep and open capital markets, early lead in green finance and backing from China, Hong Kong is arguably the best-positioned among leading international finance centres to facilitate meeting ...
China’s yuan weakens to 6-week low as new bank loans tumble
HONG KONG: The yuan eased to a six-week low on Monday as new bank loans slumped in July, deepening investors’ concerns about China’s faltering economy, while property developers’ recent repayment ...
China and Hong Kong shares fall on weak credit data
China and Hong Kong stocks fell on Monday as investor sentiment remained subdued after disappointing credit data added to worries about China's slowing economy, compounded by property shocks.
Gift Nifty signals a tepid start: ITC, Vodafone Idea Q1 results; stocks in F&O ban; TVS Supply IPO & more
ITC Ltd, Vodafone Idea Ltd, Indiabulls Housing Finance, KNR Constructions Ltd, AstraZeneca Pharma India, Wockhardt Ltd and Saksoft Ltd are among a handful of companies that will announce their ...