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Tag: finance

Posted on 26/03/2024

Hong Kong Woman Scammed out of Nearly $1 Million After Sending Money To Fake Crypto Trading Platform: Report

A Hong Kong woman has reportedly been scammed to the tune of nearly $1 million after being enticed to send money to a fake crypto trading platform.

Posted on 25/03/2024

RBC closing, rebranding HSBC locations as acquisition given approval

We appreciate the thorough and thoughtful approach Canada’s regulators have taken to this sale since the HSBC Group announced its strategic decision to exit the Canadian mark ...

Posted on 25/03/2024

HSBC’s Top Tech Banker Winston Cheng Exits to Join Tech Firm

HSBC Holdings Plc’s global co-head of technology, media and telecom Winston Cheng is leaving the bank to join a major tech firm.

Posted on 25/03/2024

Euromoney Private Banking Awards: Hong Kong’s best international private bank: DBS

DBS wins this award for best international private bank in Hong Kong in recognition of the quality and breadth of its services and its distinctive regional expertise.

Posted on 25/03/2024

Euromoney Private Banking Awards: Hong Kong’s best pure-play private bank: EFG Bank

The Zurich-headquartered, global private-banking group has been growing from strength to strength in Asia, and Hong Kong specifically, in recent years, driven by a deepening client base in the region ...

Posted on 25/03/2024

Flash News: OKX Ventures Partner Jeff Ren Discusses Green Finance and Technology at the First Annual Hong Kong Climate Forum

OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 25, 2024.

Posted on 25/03/2024

Hong Kong’s once high-flying bankers become a lost generation

IPO fund-raising in Hong Kong fell by 56 per cent in 2023 to HK$46 billion, the least since the dot.com crash of 2000. Read more at straitstimes.com.

Posted on 25/03/2024

China and Hong Kong stocks close down as investors take profits

The blue-chip CSI300 index was down 0.54%, with its financial sector sub-index lower by 0.5%, the consumer staples sector down 0.76%, the real estate index up 1.62% and the healthcare sub-index down 0 ...

Posted on 25/03/2024

Hong Kong stocks edge up as yuan rebounds, investors watchful in earnings-packed week

The yuan currency posted the biggest daily gain this year against the dollar after the People's Bank of China set a higher daily reference rate Caution prevailed as 26 companies that comprise the ...

Posted on 25/03/2024

‘HK can help promote global green finance’

Financial Secretary Paul Chan on Monday said that Hong Kong could make valuable contributions in facilitating global finance and tech cooperation to ...

Posted on 25/03/2024

Hong Kong’s education minister pledges moderated university fee hikes, saying government will consider the financial burden on students

Christine Choi says the ‘very pragmatic approach’ will ensure it will take around five years to touch 40 per cent target for non-local students ...

Posted on 25/03/2024

Hong Kong ELS loss compensation unlikely to affect banking shares

Brokerage industry forecasts suggest that the recently announced, stricter-than-expected compensation guidelines for losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises ...

Posted on 24/03/2024

Standard Chartered HK’s priority banking clients doubled in 2023

The bank recently released the Hong Kong Affluent Travel Study 2024, which found that high net worth individuals (HNWIs) in the city plan to spend HK$870,000 for travelling this year. On average, ...

Posted on 24/03/2024

Hong Kong’s status as green finance hub in danger from ‘loopholes’, lack of greenwashing checks: Greenpeace

The city needs to set financing volume targets, restrict fossil fuel financing and enact a specialised anti-greenwashing law, environmental group says Government is pursuing multipronged strategy ...

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