One of Hong Kong's last remaining opposition parties staged a rare protest Tuesday outside the headquarters of HSBC after the global banking giant closed its accounts. Another Hong Kong lender, Hang ...
Plan to raise Hong Kong civil servants’ pay by up to 4.65 per cent backed by Executive Council; minister dismisses concerns over increases
Secretary for the Civil Service Ingrid Yeung rejects suggestions that salary increases may fail to match inflation and retain staff Yeung says pay is not the only factor influencing people's decision ...
HSBC plans Hong Kong investor summit to fill gap left by Credit Suisse
Hong Kong’s biggest bank plans to hold the conference at the five-star Conrad Hotel from April 8 to 10 next year and will follow the Hong Kong Ruby Sevens, which is also sponsored by the lender.
Chinese Regulator Asks Zhuhai Wanda for More Details Ahead of Planned IPO
Uncertainty over the timing of Zhuhai Wanda's IPO has led to investor concerns over the liquidity of parent Wanda Commercial, a unit of China’s largest commercial property developer Dalian Wanda Group ...
HSBC criticised for ‘political decision’ to close Hong Kong opposition party bank accounts
HSBC has been criticised for closing bank accounts held by one of the few remaining opposition parties in Hong Kong as well as some of its core ...
Hong Kong finance chief considers allowing first-time homebuyers to borrow more for mortgage, rejects calls to adjust stamp duties
Hong Kong’s finance chief has said he will consider allowing first-time homebuyers to borrow more money for a mortgage, but rejected calls to lift property cooling measures, including adjusting the ...
Hong Kong finance sector on the hook to deploy AI responsibly, says market watchdog’s CEO
Asset managers should not fear losing their jobs to artificial intelligence, but the finance sector must still take care while deploying the technology, says the CEO of the Securities and Futures ...
Credit card fraud: Hong Kong to require banks to adopt more safety measures to protect customers from online cheats, scams
The Hong Kong Monetary Authority will require local banks to adopt seven key measures from this month to protect credit card users from online fraudsters. They will be implemented over the coming ...
HSBC among Hong Kong banks that close accounts tied to opposition group, members say
Four core League of Social Democrats members have personal accounts at several banks closed, as well as three business accounts at HSBC.
Hong Kong to stay on guard against external risks and challenges after shaky economic recovery in early 2023: finance minister Paul Chan
Hong Kong will keep its guard up against any external risks and challenges after a shaky economic recovery earlier this year, the city’s finance minister has vowed. Financial Secretary Paul Chan Mo-po ...
Hong Kong raises record US$6 billion from green bond offering as city pushes ahead with its sustainable finance hub ambitions
Hong Kong raised a record US$6 billion in its biggest multicurrency green bond offering, as the government looks to establish the city as a leading international green financing hub.
Hong Kong’s Hang Seng jumps 4% led by gains in property and consumer stocks
Hong Kong’s Hang Seng index was up 2.33% in its first hour of trade, leading gains in the wider region. The technology sector led the rally with stocks like Baidu, JD.com and Alibaba all up about 4%.
HSBC terminates bank accounts of Hong Kong opposition party League of Social Democrats without giving reason
Hong Kong’s HSBC bank has closed three bank accounts used by the League of Social Democrats (LSD) – one of the few remaining opposition parties in the city – for receiving donations, according to a ...
Tech stocks rally in Hong Kong on China stimulus, US rate pause bets while BYD leads EV makers on robust sales
Local stocks are headed for the biggest gain in three months amid optimism China will soon deliver the much needed stimulus to revive its recovery momentum. BYD leads EV makers after a robust month of ...