Asian equities rebounded overnight on light volumes and light news, except Mainland China which has struggled the last five trading days.
Julius Baer Keeps HSI 1-yr Target at 19,500, Expects Recovery in IPO Mkt to Remain Slow
the recovery of Hong Kong's IPO market is expected to remain slow, as the current sentiment of Hong Kong stock market is not particularly good, Tang added.
{Hot Stocks}HANG SENG BANK quoted at HK$100.3, down 2.9%
[ET Net News Agency, 25 June 2024] HANG SENG BANK (00011) fell 2.9% to HK$100.3. It hits an intra-day low of HK$100.2, hitting an 1-month low, and an intra-day high of HK$104.5. The total shares ...
Half of HK’s financial firms use virtual assets: HKMA
The Hong Kong Institute for Monetary and Financial Research (HKIMR) -- an affiliate of the Monetary Authority -- surveyed 59 entities, including those from the banking, insurance and asset management ...
Singapore pips Hong Kong as world’s most expensive city to live ‘extremely well’
Hong Kong climbs one place to rank second in the world in Swiss bank Julius Baer’s study of the cost of living for high-net-worth individuals.
Top Dividend Stocks In Hong Kong For June 2024
As global markets navigate through mixed economic signals, Hong Kong's market shows resilience, marked by a modest uptick in the Hang Seng Index and robust retail sales growth. In such an environment, ...
HSBC Leads $250 Million Loan to Fintech Startup FundPark
Hong Kong fintech company FundPark has obtained a three-year $250 million private loan with HSBC Holdings Plc as a senior facility provider, the second such investment the firm has secured this year.
KPMG Expects HK IPO to Raise $60B for 2024
KPMG China expected that Hong Kong's IPO can raise $60 billion in the whole 2024, with the number of listings to be around 70-80. There will be 3 specialist companies listed un... KPMG China expected ...
Hong Kong companies should rethink forced retirement as population ages, survey says
Hong Kong companies that have a mandatory retirement age should ... dating hotspot Respondents to the survey included professionals engaged in governance, finance, legal, technology, management, and ...
New World touts US$4.5 bn in loans, debt payments since January as proof of funding health
Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.
Hong Kong Is Breathing Down the Neck of the Swiss Financial Center
Singapore and, in particular, Hong Kong are increasingly overtaking Switzerland as a financial hub. The extent of the Asians' determination has become evident in recent days in the banking strongholds ...
Hong Kong sees 9.1% uptick in credit card spending in Q1
A total of HK$252.8b credit card transaction value was recorded in Hong Kong during the first three months of 2024, according to data from the Hong Kong Monetary Authority (HKMA) released in June 2024 ...
Citi names HSBC banker as head of corporate banking in Hong Kong
Hung, who takes over the role on 19 August, joins from HSBC where he was most recently head of corporate coverage for Hong Kong. He will replace Joy Cheng. Cheng had been appointed as head of Citi ...
HANG SENG BANK Buys back 200K Shrs for $20.449M
A statement from HANG SENG BANK (00011.HK) disclosed that it repurchased 200,000 shares of the company on the Stock Exchange of Hong Kong today at $101.2-103 per share, involving about $20.449 million ...