Tag: finance

As global investors shift away from US dollar assets, Hong Kong is tied to the US dollar to maintain a stable exchange rate.

Economists and financial analysts warn abandoning the anchor would pose risks that far outweigh potential rewards.

China's central bank boosts gold reserves in Hong Kong to strengthen its trading hub. Gold hitting $10,000 by December at 3.0% YES.

The city plans to issue up to HK$50 billion of Silver Bonds next month, with the higher rate intended to pre-empt a rise in US interest rates Hong Kong is raising the guaranteed coupon rate for its ...

Prudential, AIA and HSBC slid following report of the insurance levy, though Goldman Sachs says profit fallout may be limited Hong Kong's long-standing appeal as a tax-efficient gateway for mainland ...

Existing bank clients generated 85% of Hong Kong premium volumes in H1 2026. HSBC’s strong insurance sales in the first half of 2026 (H1 2026) have provided a positive signal for Hong Kong’s life ...

Prudential, AIA, and HSBC slid following report of the levy, though Goldman Sachs says profit fallout may be limited Shares of major Hong Kong-listed insurance and financial institutions tumbled on ...

HONG KONG, Aug 6 (Reuters) - Hong Kong-listed shares of major insurers, led by Prudential and AIA Group, fell sharply on Thursday after Caixin reported China's mainland tax authorities are levying ...

Hang Seng Bank onboarded 60,000 new customers during the second quarter as HSBC expanded its regional franchise © Lam Yik/Bloomberg HSBC’s decision to take Hang Seng Bank private and acquire full ...

Shein is aiming for a $30 billion to $40 billion valuation in a Hong Kong initial public offering that the online fast-fashion retailer plans to launch as early as mid-August, three sources familiar ...

Evoken, the Chinese startup behind AI design agent Lovart, is considering an initial public offering in Hong Kong, people familiar with the matter said, the latest such firm seeking to tap booming investor demand for artificial intelligence tools after the breakout success of Manus.

Arriving hot on the heels of the city's landmark China government bond futures rollout, the latest tranche reinforces Hong Kong's role as a super-connector China's Ministry of Finance is set to raise ...

The city is attracting mainland asset holders looking to tokenise their holdings. Hong Kong is poised to lead the Asia Pacific region in tokenisation, with immediate use cases attracting mainland ...

It posted a pre-tax profit of $25 billion for the first six months of 2026. Read more at straitstimes.com. Read more at straitstimes.com.