Here is how BOC Hong Kong Ltd. (BHKLY) and BrightSphere Investment Group (BSIG) have performed compared to their sector so far this year. BOC Hong Kong (BHKLY) could be a great choice for investors ...
Chinese Appliance Maker Midea Soars In Hong Kong After US$4 Bn IPO
Shares in Chinese electronic appliance maker Midea surged more than nine percent on its Hong Kong debut Tuesday, having raised around US$4 billion in the city's biggest initial public offering for ...
iCapital and HSBC Global Private Banking to team on alternative investment platform
The iCapital solution will be fully integrated into HSBC’s platform to digitalise the private market ... Furthermore, while it will be first deployed in Hong Kong and Singapore, the solution is ...
Hong Kong IPO market’s ‘very positive momentum’ set to build, HKEX CEO says
After Midea’s US$3.98 billion listing on Tuesday, ‘we’re seeing a lot of very good signs in the IPO market’, says Bonnie Chan.
HSBC HOLDINGS Buys back ~6.28M Shrs for HKD421M in Total Ytd
HSBC HOLDINGS (00005.HK) announced that it had bought back a total of 6.276 million shares of the company in the UK and Hong Kong markets yesterday (16th), involving a total of HKD421 million. Among ...
Hong Kong Considers Rules for AI Use in Finance
The Hong Kong government is preparing to issue its maiden policy statement on the use of artificial intelligence in finance, according to people familiar with the matter, a move that could catalyze ...
Citigroup to hire talent in Hong Kong
Citigroup Inc plans to add talent in Hong Kong as it’s bullish on the city and its links with the surrounding Greater Bay Area in mainland China, according to its wealth chief.
New HSBC chief to shake up the lender
LONDON: With just two weeks under his belt as the new chief executive officer (CEO) of HSBC Holdings Plc, Georges Elhedery has made it clear he’s looking to make his mark on the bank.
Hong Kong Housing Society secures HK$12bn syndicated loan for development projects
The loan includes a HK$3bn social component and will help with plans to build 17,000 subsidised housing units in the Special Administrative Region over the next five years.
Hong Kong stocks fall on weak China data; Alibaba and NetEase lead losses
Hong Kong stocks fell as China's lacklustre economic data triggered a sell-off, while the US Federal Reserve's imminent easing cycle and bets that Beijing will roll out more stimulus helped limit ...
China Market Update: Hong Kong Grinds Higher, China Releases August Economic Data
Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, Indonesia, and Malaysia were also closed.
HSBC’s new CEO looking to shake up lender; possible cost cuts, say analysts
He needs to shave off US$2 billion in costs to sustain a key measure of bank’s profits. Read more at straitstimes.com.
Hong Kong and Macao authorities link bond settlement systems
The Central Moneymarkets Unit (CMU), operated by the Hong Kong Monetary Authority (HKMA), will be connected to Macao’s central securities depository (CSD). The CSD is operated by Macao Central ...
Hong Kong, Dubai seek to strengthen ties on sustainable finance as climate risks mount
Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.