HSBC HOLDINGS (00005.HK) announced that it had on last Friday (25th) repurchased 432,800 shares of the company on the Hong Kong Stock Exchange at prices ranging from HKD85.05 to HKD86.1, with a ...
Hong Kong urged to act fast for Zhejiang tech firms amid US-China trade war
Hong Kong must act "fast and be agile" in providing tailored financial and professional service solutions to Zhejiang-based technology companies as ongoing US-China tensions continue to disrupt their ...
Why the London Metal Exchange’s Hong Kong warehouses matter to the city’s financial status
The development marks a pivotal step in strengthening Hong Kong’s position as a strategic commodities hub in Asia, industry leaders say.
UK fund manager Schroders to invest more in Hong Kong as trade war ups demand, CEO says
British asset manager Schroders will continue to expand in Hong Kong to tap Asia-Pacific’s fast-growing wealth-management and pension businesses, as its top boss believes market uncertainty brought on ...
Steady GDP growth expected for Q1: Paul Chan
Financial Secretary Paul Chan on Sunday said Hong Kong’s GDP growth in the first quarter is expected to remain stable. Writing in his weekly blog, ...
Xpeng-backed Breton, a maker of EV dump trucks, plans US$30 million Hong Kong IPO
Breton Technology, backed by Chinese electric vehicle maker Xpeng, plans to raise HK$234 million (US$30 million) from its Hong Kong initial public offering (IPO) amid tariff tensions that could affect ...
HSBC, The Daily Star host O & A level awards
The Hongkong and Shanghai Banking Corporation Limited (HSBC) and Daily Star hosted the O & A level Awards on Saturday at the Bangladesh–China Friendship Exhibition Center, Purbachal, Dhaka. This is ...
Hong Kong’s 2024 life insurance sales soar 21% to a record, led by wealth, estate planning
Mainland Chinese tourists last year spent HK$62.8 billion (US$8 billion) on life and medical policies, up 6.5 per cent from 2023, according to the Insurance Authority.
YGM Securities Major Shareholder Plans to Sell Nearly 51% Stake to Ant Group for HKD 2.8 Billion
The proposed sale involves 860 million shares, with each share priced at HKD 3.28, reflecting a significant premium over the market value. This transaction is expected to maintain YGM Securities' ...
Finance execs are the new targets of deepfake videos
In a new report, Fortune ’s Jim Edwards details how a video ad campaign on Instagram used a convincing deepfake of Goldman Sachs executives Abby Joseph Cohen and David Kostin. The goal was to tempt ...
Hong Kong private-equity firm Gaw Capital building US$2 billion regional property fund
A potential investor was told the fund’s investments would be diversified and remain flexible amid market volatility.
Hong Kong can help mainland firms ‘break through’ US trade barriers: John Lee
Hong Kong will play a bigger role in providing mainland Chinese enterprises with supply chain services, enabling them to access emerging markets and "break through the US blockages", the city's leader ...
Rumor: HSBC HOLDINGS Considering Switching to Virtual Meetings for Future AGMs to Avoid Interference from Protests
Rumor: HSBC HOLDINGS Considering Switching to Virtual Meetings for Future AGMs to Avoid Interference from Protests ...
Chinese Investors Dump $2 Billion Hong Kong Stocks in Rare Move
Chinese investors sold a near-record amount of Hong Kong stocks on Wednesday, reducing holdings after hopes of easing in trade tension spurred a relief rally. Most Read from BloombergTrump Gives New ...