HSBC’s largest shareholder ... Ping An has argued that an independent Asia business listed in Hong Kong would have higher profitability, lower capital requirements and greater local management control ... ( read original story ...)
Climate activists disrupt HSBC’s annual meeting over net-zero policies, sing parody of ABBA’s ‘Money, Money, Money’
We are particularly focused on supporting our carbon intensive clients to do this." HSBC, one of Hong Kong's three currency-issuing banks, has said it would provide up to US$1 trillion in transition ... ( read original story ...)
HSBC’s Top Holder Ping An Supports Push to Break Up Bank
Ping An Insurance (Group) Co. has held discussions with the bank on the idea of spinning off HSBC’s Asian operations and listing the operations separately in Hong Kong, according to people familiar ... ( read original story ...)
Hong Kong’s Next Leader Touts City’s Global Role but No Policy on Reopening
including boosting Hong Kong’s competitiveness as an international city with access to mainland China’s markets. One thing he didn’t offer was a road map for the financial center to emerge from its ... ( read original story ...)
Hong Kong Fintech Unicorn Looks To Raise Up To $150 Million In Yet Another Funding Round: Bloomberg
Airwallex, a fintech unicorn headquartered in Hong Kong backed by the likes of Tencent and Li Ka-shing ... 1835i Ventures (formerly Australia and New Zealand Banking Group’s innovation unit) and ... ( read original story ...)
Tiger Bank leads successful real-world professionals into the world of Web3 The actual exchange of assets in the virtual world for real resources
HONG KONG SAR – Media OutReach – 29 April 2022 – Tiger Bank announced a brand new NFT project that is friendly for all novices to NFT world. This project will guide beginners to understand NFT and ... ( read original story ...)
Short Interest in BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Drops By 52.6%
BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY – Get Rating) saw a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 3,700 shares, ... ( read original story ...)
Hong Kong’s likely leader pledges to “solidify” its international role
HONG KONG, April 29 (Reuters) - Hong Kong's sole candidate to become ... Lee will take over the Chinese-ruled city amid growing concern in the financial community that its role as an international hub ... ( read original story ...)
Alibaba, Meituan, CNOOC supercharge Hong Kong stocks as policy easing hopes swell amid Chinese manufacturing slump
Investors have been disappointed as the central bank offered a token move to cut banks' reserve requirement ... Alibaba Group surged 9.4 per cent to HK$96.50, Meituan gained 7.9 per cent to HK$160.70 ... ( read original story ...)
Hong Kong stocks drop in worst month since July on Covid-19 lockdowns and China growth angst
Hong Kong stocks dropped, dragging the city’s benchmark index ... following underwhelming moves by the central bank. Zhang Shidong is based in Shanghai and reports on business for the Post. He joined ... ( read original story ...)
First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC
Insights: Hong Kong wrestles with the need for a central bank digital currency. Technician's take: BTC's current price action is similar to what occurred in 2018-2019. Catch the latest episodes of ... ( read original story ...)
Internet Bank Market May See a Big Move: Major Giants Axis Bank, HSBC HK, BNZ, ANZ, CBI Bank
Some of the key players profiled in the study are Kiwibank, BNZ, ANZ, Heartland Bank, CBI Bank, Axis Bank, HSBC HK, NAB, Leaders Credit Union, Sandhills Credit Union, Leader Bank & Swissquote. Get ... ( read original story ...)
Hongkongers stay ‘financially fit’ despite Covid-19 pandemic, new HSBC FinFit Study shows
HSBC’s research shows most people in city control spending and pay bills, but those ranked ‘very fit’ have greater financial resilience and save faster for down payment on property ... ( read original story ...)
Hong Kong exports plunge 8.9 per cent as Covid-19 pandemic disrupts flow of goods over mainland China border
Figure for March marks first decline since October 2020, as trade hit by scores of city’s drivers becoming infected ... ( read original story ...)