While companies may face higher costs on Hong Kong dollar bank loans, "we haven't yet seen that the higher funding costs impacting banks' clients directly." "Classified loans", or those that are ...
Hong Kong’s interbank rates rise across all tenors after U.S. hike
Hong Kong interbank rates rose across all tenors on Thursday, after the city's central bank raised the base rate charged through the overnight discount window to the highest in 16 years after the U.S.
Chinese Titanium Refiner Ubridge Weighs $300 Million HK IPO
Guangdong Ubridge New Material Technology Co., a refiner of minerals including titanium and zirconium, is considering a Hong Kong initial public offering that could raise about $300 million, according ...
Tencent, HSBC lift Hong Kong stocks on bets Fed to pause in September, Xpeng surges 32 per cent on VW purchase plan
The odds of a Fed pause in September meeting rose to 78 per cent after the policy rate hike as Powell keeps optionality on the table Xpeng surges after German carmaker Volkswagen unveiled plan to ...
Ant IPO Gets Back To Where It All Began
Although it is not hard to understand the Politburo statement’s focus on boosting the consumption of automobiles, electronic products, and household appliances, “activating” the mainland market is harder to interpret with speculation that raising dividend payout ratios could be the incentive.
Hong Kong raises base rate by a quarter point to a 16-year high in lockstep with US Fed, as America resumes inflation fight
HKMA increase base rate on Thursday by 25 basis points after a pause in June Eleven of 13 analysts surveyed by the Post last week expect Hong Kong lenders to increase their prime rates by at least 12.
CITIC SEC Purportedly Asks Dozens of HK Bankers to Relocate to CN with Basic Pay Potentially Cut by Min. 25%
CITIC SEC (06030.HK) is planning to ask dozens of Hong Kong-based bankers to relocate from its offshore platform CLSA in Hong Kong to mainland China, so as to reduce costs and meet... CITIC SEC (06030 ...
BOCHK, BOC Co-launch e-CNY ‘Cross-Border Shopping Festival’
BOC HONG KONG (02388.HK) and Bank of China in the Mainland co-launched the e-CNY event "Cross-Border Shopping Festival". From now on, mainland customers can spend in e-CN... BOC HONG KONG (02388.HK) ...
Ant Group plans restructuring in march to Hong Kong IPO
Context: The restructuring is just one part of the process necessary for Ant Group to revive its IPO plans. Earlier this month, Ant Group was fined close to $1 billion by Chinese regulators, giving ...
Chief executive says Hong Kong diversifying to become more conducive to Islamic finance
Hong Kong and Indonesia sign 15 deals as John Lee visits Jakarta, meets President Joko Widodo - Anadolu Ajansı ...
Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more
A Japanese blockchain firm dealing with grid ledger systems has announced the price of its initial public offering on Nasdaq.
Singapore biotech Mirxes files for Hong Kong IPO after raising $66 million
SINGAPORE - Cancer diagnostics company Mirxes has applied to Hong Kong’s stock exchange for an initial public offering (IPO), potentially becoming the first company based outside of China and Hong Kong to list under a provision that supports biotech IPOs on the bourse.
HSBC and Keppel to explore climate solutions
Singapore’s Keppel Corporation and HSBC have agreed to explore opportunities to collaborate on decarbonization and sustainability solutions, particularly in the Greater Bay Area and across Asia.
Asian Games 2023: can Hong Kong live up to expectations? That is a HK$1 million question as city reveals cash bonus for gold medallists
Cyclist Sarah Lee and gymnast Shek Wai-hung among past champions missing from Hong Kong’s biggest ever squad – but chef de mission banks on ‘something like home ground advantage’.