Tag: banking

Analysts at Jefferies Financial Group decreased their FY2022 earnings per share estimates for Hang Seng Bank in a research report issued on Thursday, June 30th. Jefferies Financial Group analyst now ... ( read original story ...)

The move, announced on the same day China and Hong Kong launched ETF Connect, and came after similar schemes facilitating cross-border stock and bond investments, represents the latest efforts toward ... ( read original story ...)

NIMs are expected to rise and outweigh asset quality deterioration in the near term. Hong Kong banks are expected to benefit from a rise in interest rates, which would in turn expand their net ... ( read original story ...)

Along with several other mid- to large-sized deals in the pipeline, they are poised to revive a dormant market where firms raised a paltry $2.6 billion between January and June. That's a 92% slump ... ( read original story ...)

The People's Bank of China, the Hong Kong Monetary Authority and Hong Kong's Securities and Futures Commission are working to develop swap connect that would enable offshore investors to execute ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 4.8 million shares in London and Hong Kong last Thursday (30 June) and Friday (1 July), involving a total of approximately HKD247 ... ( read original story ...)

The ETF Connect is being hailed as part of a "gift package" that marked the 25th anniversary of the city's handover to Chinese sovereignty Move further entrenches Hong Kong as a global financial ... ( read original story ...)

Analysts say even a marginal acceleration of Chinese demand could cushion the growth drag on Asia from slower shipments from the US. But China’s economy faces numerous headwinds that threaten to throw ... ( read original story ...)

After a dismal first six months, things are finally looking up for initial public offerings in Hong Kong as several large Chinese firms line up to list in Asia’s financial hub in the second half. Most ... ( read original story ...)

Executive Councillor and former head of the Hong Kong Monetary Authority, Joseph Yam, said on Sunday that he doesn’t think the US will wage a ... ( read original story ...)

Limited (OTCMKTS:BHKLY – Get Rating) saw a large drop in short interest in June. As of June 15th, there was short interest totalling 2,500 shares, a drop of 43.2% from the May 31st total of 4,400 ... ( read original story ...)

During the period, its total foreign trade in goods more than tripled to HK$10.27 trillion. Combined assets of the banking system totaled HK$27 trillion (about $3.4 trillion) in April 2022, more than ... ( read original story ...)

The past 25 years have seen Hong Kong's capital market going through profound changes. With 29 years' experience in the sector, 22 of which have been in Hong Kong, Liu Yang, Chairperson of Hong ... ( read original story ...)

There are 175 so-called red-chip stocks listed in Hong Kong. Some of the biggest names include the holding companies for Bank of China’s local operations, conglomerate Citic and developer China ... ( read original story ...)