The city's stock benchmark falls, adding to a 4 per cent loss this month, as global funds rue the tougher market outlook The Fed paused on its policy tightening cycle overnight, as most meeting ...
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ...
China, Hong Kong stocks drop on hawkish US Fed stance
HONG KONG: China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the US Federal Reserve’s hawkish policy statements signalled another rate hike by year-end and much ...
Hong Kong central bank leaves interest rate unchanged, tracking Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a decision by the U.S. Federal Reserve to keep rates ...
Hong Kong Central Bank Leaves Interest Rate Unchanged, Tracking Fed Move
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal ...
HSBC Said to Suspend Remittance Services to/ from Russia/ Belarus for HK Corporate Clients
Short selling $257.02M; Ratio 35.080% will suspend its remittance services to and from Russia and Belarus for its corporate clients in Hong ...
HKMA takes a second break from raising its base rate after US Fed’s ‘hawkish skip,’ giving Hong Kong’s businesses and borrowers a breather
Hong Kong kept the city’s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world ...
Hong Kong finance chief touts ties with France, noting 14 million bottles of imported wine as part of €9 billion worth of bilateral trade
Financial Secretary Paul Chan is leading a 130-member trade delegation to France on his first official visit to the country Chan was speaking at Trade Development Council's promotional symposium in ...
From free ice cream to one of Hong Kong’s biggest ever financial frauds: what and who is behind the mysterious JPEX?
Mystery surrounding JPEX's office space adds to questions about the firm's management, structure and ability to conduct its suspicious activities JPEX offered free ice-cream and lucky dip entries to ...
Mainland Investors & Listed Companies Buy The Hong Kong Dip
Asian equities were lower on light volumes as investors sat on the sidelines in advance of central bank press conferences.
Niche tech firms ride favorable policies on way to IPOs
The China Securities Regulatory Commission has said that the nation will temporarily slow the pace of IPOs and further regulate major shareholders' share reductions. Experts said the policy mix will ...
Hong Kong illegal structures: luxury-house owner in Redhill Peninsula scandal facing second prosecution for ignored orders on another home
Authorities will prosecute owner of Villa Cornwall on 85 Castle Peak Road in Tuen Mun over unauthorised blocks and additional roof installation Orders against earlier case were issued six years ago, ...
Hong Kong may be warming to crypto, but rules are rules: A crypto influencer and 5 others were just accused of ‘conspiracy’
Lam was a promoter of the crypto exchange JPEX, which was publicly admonished last week by the Hong Kong's version of the SEC, the Securities and Futures Commission, or SFC. Lam said he has incurred ...
Hong Kong’s poorest households struggle to benefit from post-pandemic recovery as wealth divide reaches worst point in over 10 years: NGO
Poverty report from Oxfam Hong Kong also finds wealthiest 10 per cent of city's households earned 57.7 times more than bottom 10 per cent in first quarter 'Economically inactive households make up a ...