Tag: finance

The monthly loss for the Hang Seng Index – only the second this year – stood ... US Federal Reserve rate cut could boost Hong Kong-listed bank shares, weigh on weaker property developers, experts say ... ( read original story ...)

the Hang Seng is up roughly 8% for the year. And much of the decline this month is due to drops in major mainland stocks, such as China Unicom, Country Garden and China Construction Bank. David Webb, ... ( read original story ...)

HONG KONG, Aug 1 (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged through the overnight discount window by 25 basis points to 2.5%, its first cut since late ... ( read original story ...)

Chan Wing-kai had a litany of previous convictions and had promised a judge he would turn over a new leaf after being jailed in 2016 But the 62-year-old returned to a life of crime just three months ... ( read original story ...)

(Bloomberg) -- A tropical storm shut Hong Kong’s financial markets for the first time in almost two years, adding chaos to a city which has been wracked by protests for weeks. The Hong Kong ... ( read original story ...)

Hong Kong faces a future of tightening liquidity as persistent depreciation pressures drive the city’s currency to the weak end of its peg against the greenback, according to Bank of America Merrill ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while discussing the potential for an initial public offering (IPO). Huynh refused to be drawn on the ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling," said CEO Huynh Thanh Phong, while talking about the initial public offering (IPO) plans. Huynh refused to be drawn on the timing of an ... ( read original story ...)

HONG KONG, July 31, 2019 /PRNewswire/ -- DiningCity, together with HSBC credit card, will present the Hong Kong Restaurant Week from August 22 to September 1. Hong Kong Restaurant Week is a truly ... ( read original story ...)

HSBC has become the first bank in Hong Kong to roll out a new type of bank account specifically catering to sufferers of dementia – an increasing public health issue in light of the city’s ageing ... ( read original story ...)

having a strong base in Hong Kong will be pretty compelling,” said CEO Huynh Thanh Phong, while talking about the initial public offering (IPO) plans. Huynh refused to be drawn on the timing of ... ( read original story ...)

Speculation about its IPO plans or other funding options have grown as FWD has expanded. Earlier this month, ratings agency Moody's cut it outlook to negative from stable after the acquisition of the ... ( read original story ...)

“There may be many shareholders using small Chinese banks as ATM machines, but I don’t think we have enough understanding of bank ownership to know,” said Andrew Collier, managing director of Hong ... ( read original story ...)

The expected improvement "is not reflecting better economic activity but resulting from a strong comparison base in Q1 in 2018 when the economy was strong," said Paul Tang, chief economist from Bank ... ( read original story ...)