The Hong Kong Association of Banks (HKAB) and the Hong Kong Association of Restricted License Banks and Deposit-taking Companies has jointly issued a new Guideline on Banking Services for Persons with ... ( read original story ...)
Hong Kong is the top international financial centre in Asia —survey
Survey respondents also saw Hong Kong as a gateway to mainland China. Hong Kong is the top international financial centre in Asia, ahead of Singapore, China and Tokyo, according to the The Oxford ... ( read original story ...)
Inflows to Hong Kong ETFs last year double from 2020
Visit our ETF Hub for investor news and education, market updates and analysis and easy-to-use tools to help you select the right ETFs. Hong Kong’s exchange traded fund market was boosted by strong ... ( read original story ...)
HSBC, Standard Chartered shares trade near two-year highs as investors bet on further interest rate rises to boost margins
UK lenders HSBC and Standard Chartered, which derive most of their profits in Asia, are trading near two-year highs in Hong Kong, as investors bet higher interest rates globally will bolster their ... ( read original story ...)
Ex-Bank of America lawyer loses appeal of conviction for assault of Hong Kong policeman
An American lawyer convicted of assaulting a plain-clothes Hong Kong police officer during anti-government protests in 2019 lost his appeal on Tuesday and was taken back to jail to serve the remainder ... ( read original story ...)
Hong Kong shares close flat
HONG KONG: Hong Kong shares finished unchanged on ... to lead gains in the Hang Seng on firm global oil prices. Hang Seng Finance Index added 0.6%, and China Construction Bank gained 1.7% to become ... ( read original story ...)
Hong Kong lived-in homes see valuations drop as fifth Covid-19 wave takes hold
or a decline of about HK$310,000 (US$39,776), in an online valuation by HSBC, to HK$8.79 million in early February. Taikoo Shing also saw a 580 sq ft flat drop 3 per cent month on month to HK$10.49 ... ( read original story ...)
Hong Kong leader says city to stick with ‘dynamic zero’ COVID strategy for now
HONG KONG, Feb 8 (Reuters) - Hong Kong's leader Carrie Lam said on Tuesday that the Asian financial hub would stick to a "dynamic zero" COVID-19 strategy to contain the virus as authorities face their ... ( read original story ...)
Hong Kong PMI Contracts, Sentiment Turns Negative on Virus Surge
A measure of economic activity in Hong Kong contracted in January for the first time in 11 months as the government imposed new restrictions amid a new wave of Covid-19 infections. The decline ... ( read original story ...)
Hong Kong’s SFC faces staff shortages, increases budget to compete with financial firms
Financial firms said stringent quarantine and travel rules that are part of Hong Kong's relentless pursuit of a "zero-Covid" policy had deterred visitors and cut off their supply of skilled labour. ( read original story ...)
Hong Kong Banks Close Branches; New Jersey Masks: Virus Update
(Bloomberg) -- HSBC Holdings Plc and other banks closed retail branches in Hong Kong as the Covid outbreak there grew. The city reported a record of over 600 infections, putting pressure on the ... ( read original story ...)
Clarity Medical Eyes Mainland Market from Its HK Base in IPO Run-up
But a huge 600 million subset of that who suffer from nearsightedness is also attracting the eyeballs of a growing field of ophthalmological specialists, including Clarity Medical Group Holding Ltd. ( read original story ...)
Hong Kong Banks Close Branches, Australia Reopens: Virus Update
(Bloomberg) -- HSBC Bank Plc and other banks closed retail branches in Hong Kong as the Covid outbreak there grows. The city reported a record of over 600 infections, putting pressure on the ... ( read original story ...)
Hong Kong sets stage for e-CNY use, to launch pilot ‘soon after Spring Festival’
CEO of the Hong Kong Monetary Authority (HKMA), the city's de facto central bank, said on Monday in a regular monthly financial affairs panel meeting of the Legislative Council. He did not give ... ( read original story ...)