Tag: finance

The Hong Kong Monetary Authority sold HK$4.6 billion ($593.55 million) into the market in New York trading hours on Tuesday after the local currency hit the strong end of its trading band, according ... ( read original story ...)

Launch comes at a time when Hong Kong banks are ramping their digital mutual fund distribution channels #hongkong #hsbc #investment ... ( read original story ...)

While some analysts fear Hong Kong could be marginalised by new emphasis on neighbour, others believe the two can complement each other. ( read original story ...)

China's securities regulator is probing a potential conflict of interest in fintech giant Ant Group's planned $35 billion stock listing, delaying approval for what could be the world's largest IPO, ... ( read original story ...)

China’s crackdown on Hong Kong and new limits on overseas workers in Singapore could help Japan raise its profile as a global financial hub, despite its higher taxes, according to Japan’s new vice ... ( read original story ...)

HSBC Holdings Plc was left off the list of banks arranging China’s sovereign dollar debt sale for the first time since the nation returned with big annual deals in 2017. ( read original story ...)

Most of the group’s profits come from its Hong Kong operations, so management may be forced to put Chinese interests ahead of other markets. HSBC is obviously going through a difficult period. ( read original story ...)

China and Hong Kong paid tribute to Eddie Van Halen (RIP) by opening higher and going “higher and higher” due to several positive policy developments. ( read original story ...)

Stock analysts at Jefferies Financial Group started coverage on shares of HANG SENG BK LT/S (OTCMKTS:HSNGY) in a research report issued to clients and investors on Monday, The Fly reports. The ... ( read original story ...)

Hongkongers’ share of investment banking jobs in the city has slumped to about 30 per cent from 40 per cent two years ago, while mainlanders now account for more than half of senior roles. ( read original story ...)

A subsidiary of Deutsche Bank has filed a petition in Bermuda seeking the liquidation of Hong Kong-listed developer Goldin Financial Holdings, the company said in a filing to the city’s exchange on ... ( read original story ...)

Justin Chin/Bloomberg For some investors, Chinese bank shares in Hong Kong finally became cheap enough to buy. Industrial & Commercial Bank of China Ltd. surged as much as 7.2%, its best intraday gain ... ( read original story ...)

Pacific equities started the week on a positive note, led by mainland China and Hong Kong markets. The offshore renminbi (CNH) fell. Australian shares test a key resistance. ( read original story ...)

The Hong Kong stock market has tracked lower in back-to-back sessions, sinking more than 120 points or 0.5 percent along the way. The Hang Seng Index now rests just beneath the 24,120-point plateau ... ( read original story ...)