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Tag: finance

Posted on 19/06/2024

New typhoon trading rule a boost for Hong Kong’s role as financial hub

Decision revealed by Chief Executive John Lee will allow shares to change hands even under the most extreme weather ...

Posted on 19/06/2024

Hong Kong’s Digital Banking Provider ZA Bank Introduces StockBack Offer

The move sets a precedent in the local banking industry “where users can get ‘stockback’ from every stock purchase for the first time in Hong Kong.” ZA Bank, Hong Kong’s largest digital bank by user ...

Posted on 19/06/2024

ZA Bank unveils HK’s first stock rebate programme ‘StockBack’

Calvin Ng, Alternate Chief Executive of ZA Bank, said: “As the only digital bank in Hong Kong that offers savings, insurance and investment in one single app, we provide a comprehensive suite of ...

Posted on 19/06/2024

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The move is part of ZA Bank’s widened scope of services, which has seen the virtual-only bank expand to offering business banking services especially for Web3 companies and start-ups, says Devon Sin, ...

Posted on 18/06/2024

Hong Kong IPOs: ‘new-found positivity’ after slow first half of 2024 as deal pipeline fills

IPO proceeds in Hong Kong fell 35 per cent to US$1.5 billion in the first half, but a surge is in progress, according to KPMG and EY.

Posted on 18/06/2024

HSBC Reportedly Weighing Sale of French Life Insurance Biz

HSBC HOLDINGS (00005.HK) is pondering on the sale of its French life insurance business, and is now in the preliminary stage of exploring potential buyers' interests, Bloomberg reported. People with ...

Posted on 18/06/2024

Hong Kong to Keep Stock Market Open During Severe Weather Conditions

Hong Kong will allow trading on its exchanges during severe weather conditions, as part of the exchange’s efforts to maintain the financial center hub’s appeal to investors.

Posted on 18/06/2024

Hang Seng Index Closes Down, With Hong Kong Stocks ‘Directionless’ After China Data

Hong Kong's Hang Seng Index closed 0.1% lower at 17915.55, dragged by tech-related and consumer stocks. The bourse appears to be directionless after Monday's mixed China economic data, Sonija Li, head ...

Posted on 18/06/2024

Hong Kong stocks cautious, awaiting policy support after China data disappoints

Hong Kong stocks eased at the noon trading break on Tuesday as investors awaited increased policy support from Beijing amid China’s sluggish economic data and trade frictions with the European Union.

Posted on 18/06/2024

Hong Kong’s SFC Kicks out All Unlicensed Crypto Exchanges

Hong Kong’s Securities & Futures Commission (SFC) has required all unlicensed virtual asset trading platforms (VATPs) to exit the city starting tomorrow, June 1, 2024. SFC states, “All VATPs operating ...

Posted on 18/06/2024

Deepfake Video Call Scams Finance Bro Out of $25 Million

A Hong Kong employee hopped on a video call with a deepfake version of his boss and paid the ultimate price. A finance worker in Hong Kong hopped on a video call with, what appeared to be, multiple ...

Posted on 17/06/2024

Hang Seng Launches Its First-Ever Travel-Themed Credit Card

Travel+ Visa Signature Card Offers Exceptional Rebates for Foreign Currency Expenditures Dual Discounts on Local Transportation and Dining to Encourage Increased Spending within Hong Kong HONG KONG, ...

Posted on 17/06/2024

Mainland China and Hong Kong Stocks Decline, Property Sector Drags

Mainland China and Hong Kong stocks closed lower on Monday, impacted by weaker-than-expected data showing continued struggles in the property sector. Despite some positive retail sales due to a ...

Posted on 17/06/2024

BANK OF E ASIA (00023.HK) No. of CN Cross-border Customers Surges ~50% YoY in 1Q24

BANK OF E ASIA (00023.HK) officially opened its new SupremeGold Private Banking Centre in Harbour City today. The bank revealed at the opening event that cross-border business has ... BANK OF E ASIA ...

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