In addition, investors who own HSBC (0005) shares will be closely watching the drama unfold. The London-based bank held an informal shareholders' meeting at the beginning this month in Hong Kong. Many ... ( read original story ...)
HSBC needs concrete Brexit plan
In addition, investors who own HSBC (0005) shares will be closely watching the drama unfold. The London-based bank held an informal shareholders' meeting at the beginning this month in Hong Kong. Many ... ( read original story ...)
Why Hong Kong needs to take the lead on green finance and powering a green economy
, with a borrowing ceiling of HK$100 billion. The proposal was finally passed by the Legislative Council at the end of last year – good news for the fight against climate change. Green finance ... ( read original story ...)
Hong Kong’s first-quarter IPOs generate biggest returns in four years as bull market builds up
Hong Kong’s initial public offering market has been delivering the best returns in years. Eleven companies that sold IPOs worth at least U$S100 million rose by an average of 11 per cent one month ... ( read original story ...)
Hong Kong Monetary Authority Approves Virtual Bank License for WeLab Digital Limited
“The Group will actively invest in the establishment of virtual banking and leverage WeLab’s pure online financial operations experience in Hong Kong and other markets. The development of WeLab ... ( read original story ...)
WeLab gets Hong Kong’s fourth online-only banking licence
HONG KONG, April 10 (Reuters) - WeLab Digital Limited was awarded Hong Kong’s fourth online-only banking licence on Wednesday, the Hong Kong Monetary Authority said in a statement, giving the fintech ... ( read original story ...)
Fintech unicorn WeLab bags Hong Kong’s fourth virtual bank licence
A unit of home-grown fintech unicorn WeLab Holdings has won the fourth virtual bank licence granted by the Hong Kong Monetary Authority on Wednesday, making it the first stand-alone company to receive ... ( read original story ...)
Nine leaders of Hong Kong pro-democracy protests found guilty
laid siege to government headquarters and paralyzed Hong Kong’s financial district for 79 days. Thousands staked out encampments on major thoroughfares. Several hundred were arrested. The movement ... ( read original story ...)
Untouchable in 2018, China Bank Stocks Are Now All the Rage
After snapping up Ping An Bank Co., traders have turned their attention to its larger rival China Merchants Bank Co. The Hong Kong shares jumped 15 percent in nine days through Monday to an all-time ... ( read original story ...)
Hong Kong’s middle class saving for children’s weddings and homes, estimate they need US$637,000 for retirement
who estimate they need at least HK$5 million (US$637,175) to cover retirement expenses, according to a survey by China Construction Bank (Asia). The bank surveyed 2,500 Hongkongers in January on their ... ( read original story ...)
Hong Kong finance professionals indulge in unusually long lunch breaks
Even in an era of ongoing cost cutting, there’s one thing that Hong Kong banking professionals can’t live without: their long lunch breaks. A sandwich in the office is standard for many in ... ( read original story ...)
Hong Kong protest leaders found guilty as democracy hopes fade
Before his trial started in November last year, Mr Chan told The Australian Financial Review: "Since Xi Jinping took power in 2012 things have been going backwards. There has been further ... ( read original story ...)
Hong Kong ‘Occupy’ protest leaders found guilty for role in mass rallies
HONG KONG (Reuters) - A Hong Kong court on Tuesday ... Yiu-ming were all found guilty following a trial that comes as the financial centre’s civil liberties come under mounting pressure. ( read original story ...)
HSBC: Well Positioned In Asia, But Still Not A Buy
HSBC's key markets in the UK, Hong Kong and China face heightened risk and uncertainty from Brexit and the US-China trade war. HSBC's strong position in Hong Kong and the Pearl River Delta leave ... ( read original story ...)