HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.7464 million shares in the UK and Hong Kong markets yesterday (18th), involving a total of about HK$299 million. Of these, 2.2464 ...
Higher Open Projected For Hong Kong Stock Market
(RTTNews) - The Hong Kong stock market on Tuesday wrote a finish to the five-day winning streak in which it had surged almost 1,100 points or 6 percent. The Hang Seng Index now sits just above the ...
Hong Kong talent war means new bank hires get 30% jump in pay
Finance and technology professionals in Hong Kong typically command higher pay than in the rival hub of Singapore. Read more at straitstimes.com.
Boyu Capital to buy Hong Kong-based medical device maker Quasar from Longreach Group in US$600 million deal
Buyout firm beat out other suitors for the Longreach Group-owned firm, including companies in the industry and other private-equity firms, sources say.
Hong Kong stocks tumble 2%, dragged by property and tech; Asia markets mixed
Australia's central bank will release the minutes for its July meeting Tuesday, which will detail its rationale for holding rates and its future outlook.
Hong Kong-based global banks reject crypto transactions citing money laundering concerns
The China crypto narrative recently slowed down when banks raised concerns about the anti-money laundering procedures. Hong Kong’s government has been inviting crypto firms to China’s SAR, however, ...
China’s digital currency: Bank of China helps mainland tourists spend e-CNY in Hong Kong at select retailers
Bank of China Hong Kong kicked off a new e-CNY trial with 200 merchants on Tuesday with a new shopping festival for people travelling from the mainland It is the bank's third e-CNY trial in the city ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Exclusive: China’s CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources
China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial ...
Brace for more mortgage pain as HSBC, Hong Kong peers seen lifting prime rates with the Fed odds-on to tighten policy again
The upshot is that it could help stem capital flight to higher-yielding US dollar assets. HSBC, Standard Chartered, Bank of China (Hong Kong) (BOCHK) and their peers are likely to bump up their prime ...
Hang Seng expands remote account opening service to HK companies with mainland shareholders
Hang Seng Bank is now offering commercial banking e-Sign Service for mainland customers, becoming the first bank in Hong Kong to offer this service. It is also expanding the scope of its business ...
HSB to Offer Commercial Banking e-Sign Service for Mainland Customers
HANG SENG BANK (00011.HK) expressed that, to assist companies that wish to expand their business in Hong Kong, Hang Seng is the first bank in the city to provide mainland customers with a Commercial ...
Brace for more mortgage pain as Hong Kong lenders seen lifting prime rates with the Fed odds-on to tighten policy again
Eleven of 13 analysts surveyed by the Post on Monday expect Hong Kong lenders to increase their prime rates by at least 12.5 basis points next week Higher borrowing costs will burden consumers with ...
June Economic Data Released As Typhoon Talim Closes Hong Kong
Asian equities were mixed overnight, with Hong Kong unexpectedly closed due to Typhoon Talim.