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Tag: finance

Posted on 07/05/2024

Discovering Three Hong Kong Dividend Stocks With Yields Up To 8.3%

As global markets navigate through a mix of economic signals, with Hong Kong's Hang Seng Index recently witnessing a notable rise, investors are keenly watching the performance and potential of ...

Posted on 07/05/2024

Qatar, Hong Kong Seek To Bolster Investment Ties

This MoU signing is a follow-up from an earlier visit to Qatar by the Secretary for Financial Services and the Treasury, Christopher Hui, in 2023. Since then, Qatar leaders also visited Hong Kong ...

Posted on 07/05/2024

Hong Kong – Changes To The SFC’s Grant Scheme For Private Open-Ended Fund Companies.

Hong Kong - Changes To The SFC’s Grant Scheme For Private Open-Ended Fund Companies. Legal News and Analysis - Hong Kong - Capital Markets - ...

Posted on 07/05/2024

Morning Bid: RBA up next, Hang Seng eyes 11th rise

A look at the day ahead in Asian markets.Asian markets are rising on the back of a subdued dollar, lower U.S. bond yields and looser financial conditions that the more benign outlook for U.S. interest ...

Posted on 07/05/2024

A Tesla rival in China is eyeing a $5 billion IPO in the U.S.

Geely-owned Zeekr has officially moved to land on the New York Stock Exchange after months of discussions, making it the latest Chinese automaker to try and go public in the U.S.

Posted on 06/05/2024

Hong Kong Monetary Authority to host world-class financial forum again in November

Hong Kong will roll out the red carpet to hundreds of top global bankers and finance executives in November a high-level financial conference to be hosted by the Hong Kong Monetary Authority (HKMA).

Posted on 06/05/2024

HSBC HOLDINGS’ Shr Price in London Last Leaps ~3%, ~1% Ahead of Closing Price in HK

HSBC HOLDINGS (00005.HK)'s 1Q24 results were in line with expectations, and share buyback increased to US$3 billion. The Company said that Chief Executive Noel Quinn will retir... HSBC HOLDINGS (00005 ...

Posted on 06/05/2024

Hong Kong’s monetary authority to replace ‘virtual bank’ with ‘licensed digital bank’ to boost public confidence

The HKMA plans to replace the term ‘virtual bank’ with ‘licensed digital bank’ in reference to the city’s eight branchless lenders to remove negative connotations associated with the term in Chinese.

Posted on 06/05/2024

Hong Kong Exchange Fund reports US$7 billion gain in first quarter thanks to rise in overseas stock investments

Hong Kong’s Exchange Fund, the war chest used to defend the local currency, continued its comeback in the first quarter, posting a return of HK$54.3 billion (US$7 billion) as rising overseas stock ...

Posted on 06/05/2024

Hong Kong’s moribund IPO market seen revived by deals from innovative, ‘unbelievably huge’ China companies: Citi

Hong Kong’s IPO market is healing and investors are returning, drawn by a generation of innovative, little-known companies that will also provide a rich vein of investment banking business for years ...

Posted on 05/05/2024

HK economy keeping up its momentum: FS

Financial Secretary Paul Chan on Sunday said Hong Kong's economy was maintaining its momentum. Writing on his official blog, Chan said the city’s ...

Posted on 05/05/2024

Ping An votes against reappointment of HSBC CEO as director, source says

China's Ping An Insurance Group Co, the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a ...

Posted on 04/05/2024

Hong Kong stocks gain 4.7% on the week led by technology, banking sectors; China policy support hopes swirl

A dovish US Federal Reserve and a gigantic share buy-back programme from Apple lifted Hong Kong stocks with sentiment remaining upbeat after China’s top policymakers signalled further support to ...

Posted on 04/05/2024

Concerns over HSBC Asian business spin-off resurface at annual meeting

LONDON/HONG KONG -- Concerns by shareholders of an HSBC split with Asia resurfaced at the annual meeting on Friday after HSBC Chief Executive Noel Quinn's abrupt resignation this week.

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