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Tag: finance

Posted on 02/12/2024

Shenzhen residents rush to secure multiple-entry visas to Hong Kong on first day

While finance chief expresses optimism over support scheme will bring to economy, others doubt any boost will happen soon.

Posted on 02/12/2024

Hong Kong think tank FSDC outlines measures to develop transition finance

Hong Kong’s Financial Services Development Council (FSDC), a government think tank, has released a report outlining recommendations on how to leverage the city’s financial muscle to develop transition ...

Posted on 01/12/2024

HK Finance Chief Expects 50% Jump in Airport Capacity by 2035

Hong Kong International Airport’s handling capacity will increase 50% by 2035, Financial Secretary Paul Chan said in his weekly blog. The city’s airport will be able to manage 120 million passengers ...

Posted on 30/11/2024

HSBC Holdings to kick off search for next chairman

Europe's biggest lender has hired headhunters to identify a successor to Mark Tucker, who will have held the role for nine years by the time he steps down in 2026, Sky News learns.

Posted on 30/11/2024

Hang Seng Bank Enhances Transaction Framework with HSBC

Hang Seng Bank (HK:0011) has released an update.Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now ...

Posted on 30/11/2024

Exclusive: HSBC pulling back from China credit card business after struggling to expand

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, ...

Posted on 30/11/2024

Hong Kong Plans To Exempt Hedge Funds, Private Equity Firms and the Super Rich From Paying Crypto Taxes: Report

Hong Kong is reportedly eyeing new tax policies that can help in its push to become a top finance and cryptocurrency hub.

Posted on 29/11/2024

Hong Kong central bank to subsidize companies issuing tokenized bonds

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has launched a scheme to subsidize some of the costs of issuing tokenized bonds, aimed at encouraging more adoption of tokenization ...

Posted on 29/11/2024

Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, ...

Posted on 29/11/2024

China hawks stick beaks into HK’s financial status

They vehemently attacked the Hong Kong national security law that came into force in July 2020 as a political tool that effectively subjects Hong Kong to Beijing's control, and demanded that the ...

Posted on 28/11/2024

Hong Kong proposes crypto tax breaks to compete as global financial hub

Hong Kong proposes tax exemptions on crypto gains for hedge funds and family offices to strengthen its position as a global financial and crypto hub.

Posted on 28/11/2024

HSBC Hong Kong’s real estate risks to persist through 2025

The bank should see good profitability, strong capitalization, and adequate liquidity, however. HSBC Hong Kong should see good profitability over the next 12-18 months, but its commercial real estate ...

Posted on 28/11/2024

Hang Seng Bank Focuses on Leadership and Governance

Hang Seng Bank (HK:0011) has released an update. Hang Seng Bank Limited has outlined the responsibilities of its Nomination Committee, emphasizing ...

Posted on 28/11/2024

Hang Seng Bank’s Strategic Remuneration Oversight

Hang Seng Bank (HK:0011) has released an update. Hang Seng Bank’s Remuneration Committee is tasked with overseeing the bank’s remuneration ...

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