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Tag: banking

Posted on 26/06/2023

Hong Kong pro-democracy pirate radio to stop broadcasting after founder says station bank account ‘locked’

Citizens’ Radio, a pro-democracy pirate radio station, will cease operating on Friday after its founder said the station’s bank account had been frozen. Founded in 2005 by ex-legislator “the Bull” ...

Posted on 26/06/2023

Digital Payments: AsiaPay, PayMe by HSBC to Address Merchants’ Business Requirements

A provider of digital payment solutions in the Asia Pacific, AsiaPay has announced the partnership with PayMe by HSBC in Hong Kong.

Posted on 26/06/2023

Big bosses from GIC, HSBC, Blackstone and Ares have met with China’s wealth-fund managers as markets go from red-hot to losers

As Chinese assets lost their post-pandemic oomph, top bosses from HSBC and Blackstone to Singapore’s GIC headed for Beijing to meet their counterparts at China’s US$1.4 trillion sovereign wealth fund.

Posted on 25/06/2023

Hong Kong’s ability to achieve economic growth depends on external factors as government intervention has limited impact: Paul Chan

City’s financial chief explains consumption vouchers and support of small- to medium-sized enterprises have limited scope.

Posted on 25/06/2023

Hong Kong to fine-tune mortgage limits for first-time homebuyers

Hong Kong plans to "fine-tune" the maximum size of mortgages available to first-time homebuyers, Financial Secretary Paul Chan said in a radio interview on Sunday. Chan told Commercial Radio Hong Kong ...

Posted on 25/06/2023

Hong Kong’s transgender teens struggle with confusion and pain as specialised healthcare is for over-18s only

By 15, Liu felt an urgent need for help in transitioning to a girl. But although gender-affirming healthcare was available in Hong Kong, providing social, psychological, behavioural or other medical ...

Posted on 23/06/2023

Hong Kong economy driven by local spending as exports remain weak, finance chief says, appealing to residents to spend consumption vouchers in July

Financial Secretary Paul Chan attributes poor performance of exports to continuing external challenges Chan calls on residents to 'spend more', noting latest instalment of consumption vouchers worth ...

Posted on 23/06/2023

Toppan Merrill hits every financial regulatory deadline with expert, round-the-clock service

Financial printing company is committed to supporting the financial industry’s goal of further spurring economic growth and development ...

Posted on 23/06/2023

Hong Kong shares fall on Powell’s hawkish tone, suffering worst week since March

Hong Kong stocks extended losses on Friday, posting their sharpest weekly decline since March as hawkish comments by U.S. Federal Reserve Chair Jerome Powell dampened market sentiment.

Posted on 23/06/2023

Hong Kong Stocks End Week With Another Loss

Hong Kong shares finished sharply lower Friday at the end of tough as traders fret over more central bank interest rate hikes as well as China's stuttering economic recovery.

Posted on 23/06/2023

Hong Kong shares fall on Powell’s hawkish tone, set for worst week since March

Hong Kong stocks fell on Friday and were set for their sharpest weekly decline since March as hawkish comments by U.S. Federal Reserve Chair Jerome Powell dampened market sentiment.

Posted on 22/06/2023

Hong Kong economy driven by local spending as exports remain weak, finance chief says, calling on residents to spend consumption vouchers in July

Financial Secretary Paul Chan attributes poor performance of exports to continuing challenges city faces on external front Chan calls on residents to 'spend more', noting latest instalment of ...

Posted on 22/06/2023

HSBC’s PayMe allies with AsiaPay to offer merchant payment solutions

The collaboration attracts customers through versatile payment choices through a unified device. AsiaPay, a digital payment solutions provider in the Asia Pacific, has partnered with PayMe by HSBC in ...

Posted on 22/06/2023

Five HK banks, HKECIC team up to underwrite risk on domestic sales in China

The collaboration targets to boost insurance protection for Hong Kong exporters. The Hong Kong Export Credit Insurance Corporation (HKECIC) announced its collaboration with five banks to pilot scheme ...

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