But middle and back-office recruitment is expected to focus on replacing existing roles. Hong Kong’s banking sector front-office professionals moving to new employers can expect salary increases of 15 ...
Hong Kong shares fall after Fed signals slower easing next year
Hong Kong stocks fell following the US Federal Reserve’s unexpected hawkish forecast for interest rate cuts next year. The Hang Seng Index declined 1 per cent to 19,666.12 at the noon break on ...
Hong Kong banks cut lending rates even as HKMA warns of volatility ahead
Hong Kong's six biggest lenders lowered their prime lending rates for a third time this year, trimming borrowing costs to the lowest level in more than two years. HSBC and subsidiary Hang Seng Bank ...
BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages
The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...
Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut
The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.
Hong Kong central bank cuts interest rate, tracking US Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal ...
Hong Kong central bank cuts interest rate tracking Fed move, banks follow
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve. Major ...
Hong Kong Watchdog Searches Finance Firms’ Offices in Listings Probe
Hong Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq Inc. exchange, according to people ...
Hong Kong demand for flexible office space grows as market in Singapore slumps
Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year ...
Hong Kong Approves Four New Crypto Exchanges, ‘Positioning Itself As A Key Hub,’ Expert Says
Hong Kong's securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city's efforts to position itself as a digital asset hub. What Happened:The approvals ...
U.S. warns Hong Kong banks over deals with Russia
The discussions reportedly included representatives from the region's largest banks, namely HSBC, Standard Chartered, and Bank of China, one source told the publication. Nikkei noted that the meeting ...
Hong Kong Builder New World Asks Banks to Extend Loan Due Dates
Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.
US warns Hong Kong banks against cooperation with russia
US Deputy Secretary of the Treasury Jesse Baker held a meeting with representatives of leading financial institutions in Hong Kong. The purpose of the meeting ...
Hong Kong watchdog searches finance firms’ offices in Nasdaq listings probe
HONG Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq exchange, according to people ...