Tag: banking

The Hang Seng now rests just above the 21,100-point ... Henderson Land lost 0.47 percent, Hong Kong & China Gas stumbled 1.15 percent, Industrial and Commercial Bank of China sank 0.84 percent, JD.com ... ( read original story ...)

The moves reflect a broader push by influential figures in the city to focus on retaining Hong Kong’s appeal as an international financial hub, particularly as President Xi Jinping’s rigid Covid Zero ... ( read original story ...)

HONG KONG: HSBC investors gave a break-up proposal by its biggest shareholder a lukewarm response on Tuesday, voicing concerns a split would prove complex with no guarantee of raising returns. Chinese ... ( read original story ...)

Hong Kong to set aside HK$100 billion for ambitious Northern Metropolis ... The bureau expects to resume 500 hectares of private land from this financial year to 2026-27, and 200 hectares more beyond ... ( read original story ...)

Chen joins DLA Piper as a partner from Linklaters in Hong Kong She focuses on energy project financing in Greater China and projects under China's Belt and Road Initiative The company and law firm ... ( read original story ...)

The southern Chinese financial hub enjoyed four successive quarters of growth in 2021, recovering from a two-year recession prompted by social turmoil and the start of the pandemic. Hong Kong largely ... ( read original story ...)

Hong Kong (CNN Business)HSBC has long prided itself on being the bank that connects East and West. Now it's under pressure to rethink that model after a challenge from its top shareholder, one of the ... ( read original story ...)

It did not provide more details about its IPO plan. Enoch joined the Post as a business reporter ... She is the author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top ... ( read original story ...)

Bank of China Hong Kong was the top gainer on the Hang Seng Index, up 4.71%, following strong results after market close on Friday. Markets in London and Hong Kong were closed on Monday for a holiday. ( read original story ...)

Hong Kong's Exchange Fund reported its third-biggest quarterly investment loss in nearly two decades, as the city's financial war chest suffered what the de facto central bank called a "triple ... ( read original story ...)

(Bloomberg) -- HSBC Holdings Plc shares in Hong Kong rose after it emerged late Friday that the bank’s largest active investor would support a breakup of the lender on the basis that a separate ... ( read original story ...)

Hong Kong's financial markets remain "deep and liquid, so we can cope with these challenges," he said. The Exchange Fund, established to defend Hong Kong's currency peg with the US dollar, will have ... ( read original story ...)

(Bloomberg) -- Hong Kong’s wealth fund suffered a HK$55 billion ($7 billion) loss in the first quarter as stocks and bonds declined, opening a difficult year for the financial hub as it seeks to ... ( read original story ...)

Most of the suspects were holders of bank accounts used to collect and launder money from a string of crimes New Territories South technology crime unit was set up in January amid a 265 per cent rise ... ( read original story ...)