Bloomberg quoted informed sources as saying that HSBC HOLDINGS (00005.HK) is considering selling its South African business in order to focus on the Asian market. HSBC HOLDINGS, however, declined to ...
Hong Kong Lawmaker Pushes for DAO Regulation amid Legal Precedent
Hong Kong Legislative Council member Johnny Ng has recently called for the government to explore regulations governing DAO sector.
Hong Kong issues generative AI guidelines for consumer protection
The Hong Kong Monetary Authority (HKMA) issued guiding principles for generative artificial intelligence use in consumer-facing applications to safeguard end-users. The HKMA, Hong Kong’s central ...
Hong Kong’s shift to innovation hub won’t be contained by US, minister says
The latest moves by Washington to limit Hong Kong’s access to American health data and biotech equipment exports have had a “relatively limited” impact on the city’s goal of becoming a regional ...
PwC loses major client Bank of China amid regulatory probe
Auditor PwC has lost its largest mainland China-listed client, Bank of China , to rival EY, adding to an exodus of clientele amid a regulatory investigation into its work on troubled property ...
HSBC HOLDINGS Buys back 3.35M+ Shrs for HKD223M in Total
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 3.3551 million shares of the company on the UK and Hong Kong markets yesterday (19th), involving a total of HKD223 million. Among ...
Cathay/HSBC Hong Kong Rugby Sevens Confirmed for March 28-30, 2025
HONG KONG & LOS ANGELES, August 19, 2024--(BUSINESS WIRE)--Hong Kong China Rugby (HKCR) is delighted to announce that the 2025 Cathay/HSBC Hong Kong Sevens will take place from March 28 – 30, 2025.
China Market Update: Hong Kong Growth Stock Momentum Continues
Asian equity markets were mixed on light news prior to the US Fed’s Jackson Hole meetings as the US dollar fell against Asian currencies and Hong Kong, Thailand, and Malaysia outperformed while Japan ...
Hong Kong issues generative AI guidelines to banks to avoid bias against consumers
The Hong Kong Monetary Authority’s new guidelines say the boards of financial institutions should be accountable for AI-driven decisions.
Hong Kong Monetary Authority task force to help SMEs struggling to repay loans
The Hong Kong Monetary Authority (HKMA ... The city’s de facto central bank said on Monday that it would put together a team from among its staff to help small and medium-sized enterprises (SMEs), ...
Three Undiscovered Gems In Hong Kong For Savvy Investors
As global markets continue to navigate a complex landscape, the Hong Kong market has shown resilience with the Hang Seng Index up 1.99% recently, reflecting cautious optimism among investors. Amid ...
{Block Trade}CM BANK (03968): 11.05m shares, or HK$371.31m
The deals amounted to HK$371.31m, or at HK$33.6 per share, 0.9% higher than previous close. CM BANK is now trading up 1.05% to HK$33.65, with 20.9 million shares of HK$701.88m ...
HSBC HOLDINGS Buys back ~5M Shrs for HKD330M in Total Last Fri
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.9997 million shares of the company on the UK and Hong Kong markets last Friday (16th), involving a total of HKD330 million. Of these ...
{Hot Stocks}NEW WORLD DEV(00017) quoted at HK$7.52, up 3.2%
with volume weighted average price of HK$7.446. HSBC SEC BRO (ASIA) accounts for greatest net responsive selling turnover of HK$3.76m, with volume weighted average price of HK$7.431. The stock has ...