MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.53% and Japan's Nikkei dropped 1.9%. Chinese blue chips shed 0.4%, although the Hong Kong benchmark was flat, buoyed by mainland ... ( read original story ...)
Hong Kong chief executive election 2022: John Lee attracted backers and critics during long climb from police inspector to No 2 official
Chief Secretary Lee is gearing up for a possible leadership bid, sources say. While some have previously questioned whether his background fully prepared him for his role as No 2 official, Lee appears ... ( read original story ...)
‘Reliable’, but limited financial exposure: mixed reaction from business community to John Lee as Hong Kong’s next potential leader
Many see Beijing's backing of Lee as a sign that national security would take top priority They expressed hope that Hong Kong's No 2 official would be friendly to the business community in a bid to ... ( read original story ...)
FirstFT: Hong Kong hardliner joins race to become city’s next leader
Plus, Meta targets virtual currency market with ‘Zuck Bucks’ and Toshiba’s second-biggest shareholder pushes take-private deal ... ( read original story ...)
Hong Kong’s No. 2 official John Lee says he plans to run in leadership election
STORY: Lee said he was awaiting Beijing's approval for him to stand in the leadership election.Lee, 64, a former deputy commissioner of police, was promoted to the global financial hub's No. 2 role in ... ( read original story ...)
HSBC leverages smart analytics to develop new tools that enhance the personalised customer experience
The new Budget feature in the HSBC HK mobile app harnesses big data to generate personalised insights for customers, helping them track monthly spending and also take charge of their financial goals. ( read original story ...)
HSBC moves into the metaverse
STORY: HSBC has entered the metaverse.The bank announced Wednesday (April 6) it had launched a fund to capture investment opportunities in the space for its rich clients in Hong Kong and Singapore.It ... ( read original story ...)
Explainer: Hong Kong No. 2 official announces bid for leadership election
Hong Kong's deputy leader, former police officer John Lee, announced on Wednesday that he plans to run for the city's top job, which could see Beijing signing off on the first security official to run ... ( read original story ...)
HSBC increases ownership stake in Chinese securities joint venture
HSBC has increased its ownership stake in its Chinese joint venture to 90 per cent, becoming the latest Western lender to seek greater control of its onshore business as China further opens up its ... ( read original story ...)
Jefferies Financial Group Weighs in on Hang Seng Bank Limited’s FY2023 Earnings (OTCMKTS:HSNGY)
Research analysts at Jefferies Financial Group boosted their FY2023 EPS estimates for Hang Seng Bank in a report released on Thursday, March 31st. Jefferies Financial Group analyst now expects that ... ( read original story ...)
HSBC Launches Metaverse Portfolio for Wealthy Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its rich clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new ... ( read original story ...)
Hong Kong housewife swindled out of HK$65 million by phone scammers accusing her of spreading fake news
Posing as an employee of Beijing’s liaison office, a fraudster called the woman last year and accused her of ‘breaking mainland laws by spreading false news about anti-pandemic measures’. ( read original story ...)
HSBC Launches Portfolio on Metaverse for Rich Asian Clients
HSBC Holdings Plc has launched a fund for metaverse opportunities for its private banking clients in Hong Kong and Singapore, as the U.K. lender wades further into the $800 billion virtual reality ... ( read original story ...)
Alibaba Down 4.5%, JD Down 4.9%: What’s Driving Hong Kong Markets Lower Today
Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ: BIDU) — traded in red in Hong Kong on Wednesday (local time). The stock of ... ( read original story ...)