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Tag: finance

Posted on 23/12/2024

Hong Kong Bourse Seeks Feedback on IPO Price Discovery, Takes Steps to Boost Capital Markets Activity

Hong Kong Exchanges and Clearing is looking at ways to encourage more firms to list in the city while seizing the initiative in the corporate governance sphere.

Posted on 23/12/2024

BOC HONG KONG (02388.HK) Extends Service Hours for RMB Clearing Bank

BOC HONG KONG (02388.HK) announced that with effect from today (23rd), the service hours for the cross-border RMB clearing by the Hong Kong RMB Clearing Bank have been extended. Through the Hong Kong ...

Posted on 23/12/2024

HSBC’s PayMe now accepted by 27,000 Hong Kong taxi drivers

New channel launched after ‘significant uptick’ in electronic payment adoption by both riders and drivers, Octopus says.

Posted on 23/12/2024

Ex-Citigroup stock trader wins unfair dismissal case in Hong Kong

An Asia equity sales trader who was fired from Citigroup in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday. Citigroup failed to justify its “summary ...

Posted on 23/12/2024

Hang Seng index forecast 2025: buy, sell, or hold?

The Hang Seng index has had a relatively good year as it jumped by almost 20%, its best performance in a long time. It has continued to underperform its American peers, such as the Dow Jones and the ...

Posted on 23/12/2024

Ex-Citigroup Trader Wins Unfair Dismissal Case in Hong Kong

An Asia equity sales trader who was fired from Citigroup Inc. in 2019 won an employment suit against the US bank, Hong Kong’s Labour Tribunal ruled on Monday.

Posted on 21/12/2024

Hong Kong’s Hang Seng Index closes 0.56 pct lower

HONG KONG, Dec. 19 (Xinhua) -- Hong Kong's stock market ended lower on Thursday with the benchmark Hang Seng Index down 0.56 percent to close at 19,752.51 points. The Hang Seng China Enterprises ...

Posted on 20/12/2024

CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong ...

Posted on 20/12/2024

KPMG: SEHK’s Consultation Paper on Optimizing IPO/ CG Code Can Fortify HK Capital Mkt’s Resilience/ Sustainable Growth

Regarding the consultation paper issued by the Stock Exchange of Hong Kong (SEHK) yesterday on optimizing the IPO and Corporate Governance Code (CG Code), Paul Lau, Head of Capital Markets and ...

Posted on 20/12/2024

China’s Hithium Is Said to Weigh $500 Million HK IPO Next Year

Xiamen Hithium Energy Storage Technology Co. is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.

Posted on 20/12/2024

Hong Kong bankers to see 15% to 20% salary hikes next year

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 ...

Posted on 19/12/2024

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 ...

Posted on 19/12/2024

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 ...

Posted on 19/12/2024

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 ...

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