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Tag: finance

Posted on 17/02/2025

UK Held Hong Kong Finance Talks as Democracy Trials Unfolded

The UK stepped up private discussions to deepen financial services ties with Hong Kong, people familiar with the matter said, even as democracy advocates were being jailed there last year.

Posted on 16/02/2025

Hong Kong to press on with Northern Metropolis despite deficit woes: Paul Chan

Finance chief says city will fund megaproject in New Territories by issuing bonds, citing study showing Hong Kong’s debt level is low.

Posted on 15/02/2025

Chinese spatial design firm Manycore Tech files for IPO in Hong Kong

Manycore and DeepSeek are part of a group of start-ups, called ‘Six Little Dragons’, that have bolstered the tech-hub status of Hangzhou.

Posted on 15/02/2025

Pandas are pretty, but don’t expect them to solve Hong Kong’s financial woes

It appears – though the numbers published vary a bit – that our government is bleeding money on such a scale that the reserves will be run down in five or six years, placing us in the same boat as all ...

Posted on 14/02/2025

HSBC to unveil $1.5 billion of annual cost savings on February 19, FT reports

HSBC is preparing to report $1.5 billion of annual cost savings from the changes implemented under its broad restructuring initiatives, the Financial Times reported on Thursday.

Posted on 14/02/2025

Hong Kong’s market watchdog reviews 8 brokerages amid IPO oversubscription frenzy

SFC monitoring brokerages with respect to their risk management of margin financing for new stocks, CEO Julia Leung says.

Posted on 14/02/2025

Hong Kong’s financial chief shows cautious optimism about stock market

HONG KONG -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, on Thursday expressed cautious optimism about the Hong Kong stock market this year and ...

Posted on 14/02/2025

HSBC plans to unveil $1.5 billion of annual cost savings on February 19

HSBC said that it plans to wind down its M&A and some equities businesses in Europe and the Americas, accelerating a shift towards Asia in its biggest retrenchment from investment banking ...

Posted on 14/02/2025

HSBC to unveil $1.5bln of annual cost savings on February 19, FT reports

HSBC has been scaling back its worldwide footprint, exiting dozens of low-returning consumer banking activities, from France to Greece to Canada in the past few years ...

Posted on 14/02/2025

How Hong Kong Can Seize the Mantle as Asia’s Crypto Hub

Which market offers the most favorable environment for virtual assets? This distinction remains highly contested, with various financial centers ...

Posted on 13/02/2025

Hong Kong to ease IPO rules for mainland Chinese firms in boost for global ambitions

Market watchdog and exchange are studying the issue and will propose changes this year, treasury chief Christopher Hui says.

Posted on 13/02/2025

The Hongkong Bank Foundation nurtures next generation at different stages of their growth journeys

Through various programmes, scholarships and mentorships, HSBC and its volunteers provide support that enables local young people to thrive.

Posted on 13/02/2025

Hong Kong’s DeepSeek-fuelled tech stocks back in bull market, ignoring interest rate fears

Hong Kong stocks rose on Thursday to refresh a four-month high, as a key gauge of Chinese technology stocks entered the bull market territory, offsetting waning bets on interest-rate cuts by the ...

Posted on 13/02/2025

New World Picks Trio for Loan to Refinance $7.5 Billion of Debt

Cash-strapped Hong Kong developer New World Development Co. has picked three banks to arrange a loan to refinance HK$58.1 billion ($7.5 billion) in bank borrowings maturing in 2025 and 2026, according ...

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