Exposure to Hong Kong and China’s property and transport-related loans will weigh on Public Bank (Hong Kong) (PBHK), with Moody’s Ratings warning of further asset quality deterioration. PBHK is ...
Hong Kong retailers to offer HK$1.2 billion in goodies, perks for summer shopping festival
Hong Kong’s retail sector plans to offer HK$1.2 billion (US$154 ... and as the retail industry continues to face many challenges.” The finance chief also stressed that “simply repeating past operating ...
Hong Kong blockchain gaming firm Animoca weighing 2025-26 IPO, founder says
Hong Kong-based blockchain video gaming firm Animoca Brands is weighing options for a public listing, possibly in Hong Kong or the Middle East, as early as late next year. "It's contingent on many ...
Mega deals in India, IPOs in Hong Kong to make Asia an equity deals hotspot
India's total ECM deals jumped 137 per cent in the first half of this year from the same period of last year, with $28.5 billion raised, according to LSEG data ...
Country Garden gets trading resumption guidance from Hong Kong exchange
Debt-laden property developer Country Garden said on Thursday it had received guidance from the Hong Kong stock exchange earlier in the week over resumption in trading of its shares, which have been ...
HANG SENG BANK Buys Back 200K Shrs Tdy for ~$20.39M
HANG SENG BANK (00011.HK) repurchased 200,000 shares on the Stock Exchange today (26th) at a price per share ranging from $100.6 to $102.6, involving a total of $20.3989 million, according to HANG ...
“Explore China, Pay Your Way” forum promotes more convenient mainland payment for Hong Kong and Macao residents as well as overseas visitors
The "Explore China, Pay Your Way" Forum was successfully held on June 26 in Hong Kong. The event was hosted by the Chinese Banking Association of Hong Kong (HKCBA), co-organized by UnionPay ...
Hong Kong-listed companies slash dollar borrowings in favor of yuan
HONG KONG -- Some Hong Kong-listed companies are shifting their borrowings to yuan, sometimes drastically, as the U.S. Federal Reserve keeps rates high to fight inflation while the People's Bank of ...
Hong Kong police arrest 37 who used loan scheme to defraud banks of HK$210 million
Twenty-three sham directors and 14 employees of shell companies submitted loan applications under government-backed scheme Hong Kong police have rounded up 37 people in a crackdown on a fraud ...
CTBC Bank achieves major milestone with Avaloq to offer an enhanced private banking experience in Hong Kong and Singapore
The new platform enables CTBC Bank to offer specialized private banking products and services in Hong Kong and Singapore. The Avaloq Core Platform supports the expansion of CTBC Bank's private banking ...
Hong Kong financial sector eyes DeFi and Metaverse, despite regulatory challenges
On Tuesday, the Hong Kong Institute for Monetary and Financial Research, backed by Hong Kong’s central bank, released some documents suggesting that the financial services industry is keen on DeFi and ...
Hong Kong-listed New World sells Qianhai tower stake for US$198 million
The conglomerate sold a 30 per cent stake in the North tower of the Shenzhen Qianhai Chow Tai Fook Finance Centre to parent Chow Tai Fook Enterprises New World Development (NWD) has made yet another ...
Hong Kong Highlights Its Crypto and Web3 Capabilities at Toronto Tech Conference
In an ambitious move to attract Canadian tech startups, Hong Kong government entities focused on foreign investment promotion visited a tech conference in Toronto, Canada. The Hong Kong Economic and ...
Hongkong Land and Luxury Retail Tenants to Invest More than US$1 Billion (HK$7.8 Billion) in LANDMARK, Hong Kong
Hongkong Land; The Hon Michael WONG Wai-lun, GBS, JP, Deputy Financial Secretary of the Government of the Hong Kong Special Administrative Region; John Witt, Group Managing Director, Jardine Matheson; ...