Higher interest rates are expected to help drive profit gains at big Hong Kong lenders, including HSBC and Standard Chartered, in second quarter as US Federal Reserve prepares to hikes rates further.
Hong Kong, Singapore should ‘step up’ post-pandemic ties, leader of city state tells John Lee on first stop of chief executive’s Asean trip
Singapore Prime Minister Lee Hsien Loong says both governments have always had good relationship, while city's top official hails hospitality of hosts John Lee says purpose for trip to Southeast Asia ...
HSBC Buys Back Almost 3.99M Shrs for About $257M Last Fri
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.9899 million shares in the UK and Hong Kong markets last Friday (21st), involving a total of about HK$257 million. Of these, 1.8195 ...
Hong Kong’s John Lee brushes off legal action by golf club over plan to build public housing on oldest course
Chief Executive John Lee stands firm on government plan to take back part of golf course, after club applies for judicial review to overturn environmental report.
M&A Wave on Tap, Every Number Down Bad (Future of Finance | Week in Review)
A weekly five-point roundup of critical events in fintech, the future of finance and the next wave of banking industry transformation.
HSBC Buys Back More than 4.69M Shrs for Over $280M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of over 4.6915 million shares in the UK and Hong Kong markets yesterday (10th), involving a total of more than HK$280... HSBC HOLDINGS ...
HSBC Purportedly Mulls Setting up Green Finance & Bonds Teams in CN
HSBC HOLDINGS (00005.HK) is putting together teams that will be dedicated to green finance and bonds in mainland China, so as to fulfil the growing demand for relevant products in ... HSBC HOLDINGS ...
Chinese Visitors Can Now Pay With eCNY at Over 200 Hong Kong Shops
As of July 18, holders of digital yuan wallets are allowed to make payments at more than 200 merchants in Hong Kong using China’s CBDC. In addition, consumers can receive shopping subsidies in digital ...
Hong Kong, mainland China regulators agree to enhance wealth management and bond connect schemes during 3-day Beijing visit, HKMA CEO says
Details about changes to the wealth management and southbound bond connect schemes to be announced 'soon', HKMA CEO Eddie Yue says Mainland officials support the strengthening of Hong Kong's ...
Tourists from Mainland China can now shop in Hong Kong with Chinese CBDC
Mainland tourists can now shop in Hong Kong with Chinese CBDC, as part of a digital yuan shopping festival launched this week by the Bank of China (Hong Kong).
HSBC Shares Climb to Four-Year High on Rising Margin, Buybacks
A 32% rally this year has catapulted HSBC Holdings Plc’s shares to their highest level in four years, with improving margins potentially providing further support for the stock.
HSBC shares hits 4-year high on rising margin, buybacks
HONG KONG: A 32% rally this year has catapulted HSBC Holdings Plc’s shares to their highest level in four years, with improving margins potentially providing further support for the stock.
HSBC Buys Back 4.34M Shrs for About $276M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.3371 million shares in the UK and Hong Kong markets yesterday (20th), involving a total of about HK$276 million. Of these, 1.8379 ...
Hong Kong Government Makes Case in Court for Banning Protest Anthem
Government prosecutors argued the tune’s proliferation online was a matter of national security that would plant seeds of secession.