Tag: banking

Hong Kong’s status as a magnet for international financiers is cratering as firms struggle to coax traders and bankers to move to the once vibrant trading hub. ( read original story ...)

The Hong Kong stock market has tracked higher in two straight sessions, soaring almost 840 points or 3.5 percent along the way. The Hang Seng Index now sits just above the 24,950-point plateau ... ( read original story ...)

Hong Kong’s status as a magnet for international financiers is cratering as firms struggle to coax traders and bankers to move to the once vibrant trading hub. ( read original story ...)

The IPOs will be the first real test of SoftBank's shift in strategy in China as regulators ramp up scrutiny of the country's tech industry. ( read original story ...)

Hong Kong-based financial services company AMTD International has acquired French magazine publisher L’Officiel from the Jalou family for an undisclosed sum. As part of the deal, Benjamin Eymère will ... ( read original story ...)

Markets in Asia-Pacific mostly rose on Thursday as China cut its key lending rates. Meanwhile, Wall Street fell with the Nasdaq closing in correction territory and U ... ( read original story ...)

The balance of risks facing Hong Kong’s economy are tilted to the downside, the International Monetary Fund warned in its annual assessment of the finance hub. ( read original story ...)

China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR was cut by 5 basis points, according to its central bank. U.S. bond yields fell back slightly after ... ( read original story ...)

Shares of Chinese property developers have jumped in Hong Kong as China's central bank cut a key mortgage rate for the first time in almost two years.The decision comes as concerns grow about a ... ( read original story ...)

Hong Kong stocks may lead the gains Nasdaq 100, US Earnings, Hang Seng Index, Asia-Pacific at the ... cost concerns and underpin market sentiment. Bank of America topped analysts' estimate for ... ( read original story ...)

The Hong Kong stock market on Wednesday wrote a finish to the three-day slide in which it had slumped more than 315 points or 1.4 percent. The Hang Seng Index now sits just above the 24,125-point ... ( read original story ...)

Hong Kong’s future as a global financial hub is less promising after China’s authoritarian action – to control the pandemic and civil liberties – led to an exodus of expatriate finance industry ... ( read original story ...)

Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh economy-boosting measures soon, following an interest rate cut ... ( read original story ...)

Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least ... ( read original story ...)