HSBC Premier has launched a campaign celebrating the bonds among family members, featuring stories of families facing life-changing moments across online and offline touchpoints. The campaign ... ( read original story ...)
Hong Kong’s financial systems remain stable
Hong Kong's financial systems and money markets have continued to operate in an orderly and smooth manner, said Eddie Yue, chief executive of the Monetary Authority (HKMA), on Thursday. The HKMA will ... ( read original story ...)
Hong Kong’s financial systems remain stable amid Fed rate hike, external uncertainties
Photo taken on May 14, 2020 shows the International Commerce Centre (ICC), a landmark highrise in Hong Kong, south China. (Xinhua/Lo Ping Fai) Noting that Hong Kong's financial markets have a strong ... ( read original story ...)
HSBC expands in the metaverse while closing high street branches
HSBC may be closing down dozens more of its branches in the ... It has bought a plot of virtual real estate in The Sandbox, an online gaming space majority-owned by the Hong Kong-based Animoca Brands. ( read original story ...)
HSBC buys virtual plot of land in digital push
HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum, the bank's first major foray into the metaverse as it shrinks its UK branch network. ( read original story ...)
Liu He’s Speech Lifts Hong Kong
Asian equities performed well overnight as the Hang Seng’s gained +7.04%, led by the strong performance of internet stocks following Vice Premier Liu He’s Wednesday speech release addressing multiple ... ( read original story ...)
‘Financial institutions are losing patience’ with Hong Kong, admits Lam
Hong Kong’s leader has admitted today that the city’s controversial ‘Zero-Covid’ restrictions are blocking out businesses and wearing down its residents. ( read original story ...)
Hong Kong central bank raises interest rate after Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday (Mar 17) raised its base rate charged through the overnight discount window by 25 basis points to 0.75 per cent, matching the size of a r ... ( read original story ...)
Hong Kong’s financial systems remain stable amid Fed rate hike, external uncertainties: HKMA
Hong Kong's financial systems and money markets have continued to operate in an orderly and smooth manner, said Eddie Yue, chief executive of the Hong Kong Monetary Authority (HKMA), on Thursday. The ... ( read original story ...)
Shoe Retailer Belle Is Said to Plan $1 Billion Hong Kong IPO
Belle Fashion Group is targeting to raise about $1 billion in its Hong Kong initial public offering, people familiar with the matter said, five years after private equity firms took China’s biggest ... ( read original story ...)
China Swiss IPOs as predictable as a cuckoo clock
Three mainland-listed firms, including $23 billion construction equipment maker Sany Heavy Industry , said they plan to sell shares in Zurich. The move fits with Beijing’s push to encourage more ... ( read original story ...)
Hong Kong’s Hang Seng index soars 5% as Asian stocks jump, with Japan’s Nikkei up around 3%
The U.S. Federal Reserve on Wednesday approved a 0.25 percentage point rate hike, the first increase since Dec. 2018. ( read original story ...)
Eddie Yue: HK Banking System’s Liquidity Sufficient; HK Rates Likely to Lag Behind US Rates This Cycle
Responding to the U.S. Federal Reserve's decision to hike interest rates by 0.25%, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, expressed that the liquidity of the Hong Kong banking ... ( read original story ...)
Hong Kong Bourse Poised To Extend Recovery On Thursday
The Hong Kong stock market emphatically halted the brutal three-day losing streak in which it had plummeted more than 2,450 points or 12.5 percent to a six-year closing low. The Hang Seng now sits ... ( read original story ...)