She and other industry leaders echoed the sentiments of Hong Kong’s Chief Executive Lee Ka Chiu, who noted the city’s traditional financial strengths and its fast rising prowess as an innovative and ...
HSBC Buys back Shrs at $516M in Total in HK/ UK Last Fri
HSBC HOLDINGS (00005.HK)(HSBA.L) announced that it repurchased 3.9992 million shares of the company in London last Friday (24th) at GBP6.872-6.972 per share, with an average price of GBP6.9292 per ...
HSBC eyes synergies in wealth management, family office business amid robust profit growth in Asia
The UK lender aims to boost synergies through talent exchanges and client referrals in both cities in the coming years Pre-tax profit from HSBC's wealth management unit in Asia surged 51 per cent last ...
Hong Kong central bank extends deputy chief exec’s appointment for 2 years
Yuen will continue to be in charge of the full range of banking policy, supervision, conduct, and enforcement issues at the HKMA, the central bank said in a statement posted on its website. The ...
What HKMA’s second experiment with retail e-HKD means for Hong Kong residents
E-HKD will promote innovation in the financial services industry as the city moves closer to finding more use cases for the digital coin before it is rolled out to the public, experts say.
Asian Investment Conference: first UBS-hosted edition kicks off in Hong Kong with ‘global investor mindset’ on agenda
Former US secretary of state John Kerry and Thailand’s prime minister Srettha Thavisin are among the speakers and 3,000 attendees as UBS continues the flagship Hong Kong conference started 27 years ...
Two banks in Hong Kong warn against phishing emails
Tai Sang Bank cautioned against emails claiming to be from its chairman. Two banks in Hong Kong have separately warned of phishing emails between 21 and 22 May. Bank of China (Hong Kong) and Tai Sang ...
Hong Kong’s MPF assets up, members shift into bond funds
Wan believes withdrawals from equity funds will slow with Hong Kong’s stock market rebounding strongly this month. He advised MPF members to take a long-term perspective instead ...
E-CNY Expands Cross-border Pilot in HK, Allowing HK People to Add Value via FPS, Credit Cards after Opening Account
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBOC) announced the expansion of the cross-border pilot for E-CNY in Hong Kong. Hong Kong people will be ab ...
HSBC HOLDINGS (00005.HK) Leans Towards an Internal Search for New CEO, Report Says
HSBC HOLDINGS (00005.HK) announced earlier that CEO Noel Quinn will step down. Citing sources, Bloomberg reported that the group is favouring an internal search for a successor, wi... HSBC HOLDINGS ...
HSBC HOLDINGS Loses 2% as PING AN Said to Plan to Cut Stake Again
HSBC HOLDINGS (00005.HK) opened 1.57% lower at a low of $68.4 after inclining for 4 consecutive days. The stock last printed at $68.6, down 2.14%, with 2.9765 million shares traded... HSBC HOLDINGS ...
Less is more when it comes to Hong Kong staging ‘mega events’
Like an overstuffed diner who raids the buffet too many times, Hong Kong risks leaving tourists fatigued by overstuffing the calendar with ‘mega events’.
OSL Group becomes MSCI Hong Kong Index constituent – New Era for Digital Assets on the Global Stage
OSL Group, the leading publicly listed company in Hong Kong devoted entirely to digital assets, proudly announces its inclusion in the ...
Efforts in preserving Hong Kong’s heritage grains
While agriculture accounts for less than 0.1% of the finance hub’s GDP, researchers say homegrown grains could one day be an important food security insurance policy in the face of climate change – ...