In a significant milestone towards realising its five-year strategic plan, Access Bank UK, the wholly owned subsidiary of Access Bank PLC has received approval to commence operations in Hong Kong. The ...
Hong Kong stocks fall toward 14-month low as China deflation puts earnings at risk, turns market into value trap
Stocks lose further traction after a government report showed China’s consumer prices fell last month by the most in three years. That makes Chinese stocks a value trap, according to BCA Research.
Hong Kong home prices down 20% from historical peak, rebound hinged on US interest rate cuts
Investment banks are predicting a 5 to 10 per cent decline in Hong Kong home prices next year, providing buying opportunities for renters wanting to switch to home ownership, say agents.
Will Hong Kong’s tax tweaks end its real estate slump?
RESCUE measures intended to coax mainland Chinese to buy residential property in Hong Kong have failed to woo, as the financial hub’s property market slump deepens. Read more at The Business Times.
HSBC Reportedly Cuts Jobs in Greater China Commercial Banking
Bloomberg reported, citing people with the knowledge of the matter. The impact is mainly on commercial banks in ... At least four Hong Kong bankers have left HSBC HOLDINGS (00005.HK) +0.150 (+0.251%) ...
HKTDC and Hang Seng Bank’s InnoClub Celebrates Exceptional Local Entrepreneurs
InnoClub, a platform co-created by the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank for start-ups and SMEs in Hong Kong and the wider Guangdong-Hong Kong-Macao ...
India’s stock market set to take Hong Kong’s spot among world’s largest exchanges
India’s stock market is poised to take Hong Kong’s spot among the world’s biggest exchanges, in a rise analysts say attests to investors’ optimism about the economic prospects of the world’s most ...
DAY TWO OF HONG KONG INVESTOR SUMMIT TACKLES MEGATRENDS IMPACTING THE PLANET’S EIGHT BILLION CITIZENS
Discussing the impact of investment on longevity and ageing Joshua Fink, Founder Luma Group, explained that revolutionary regenerative medicine, inspired by Nobel Prize-winning research, can reverse ...
Moody’s Investors Service revised outlook on Bank of China (Hong Kong) to negative and affirmed at “Aa3” (LT- foreign currency) credit rating
Moody's Investors Service affirmed the 'Aa3' LT- foreign currency credit rating of Bank of China (Hong Kong) on December 7, 2023.
HKTDC and Hang Seng Bank’s InnoClub celebrate exceptional local entrepreneurs
Nancy Cheng, Principal, Strategic Planning and Corporate Development, Hang Seng Bank; Alex Wong, Head of Sales and Client Coverage of Business Banking, Hang Seng Bank; Stephen Tsoi, Co-Founder and ...
Moody’s Investors Service revised outlook on Bank of China (Hong Kong) to negative and affirmed at “Aa3” (LT- local currency) credit rating
Moody's Investors Service affirmed the 'Aa3' LT- local currency credit rating of Bank of China (Hong Kong) on December 7, 2023.
Middle Eastern states eager to invest in Hong Kong mega projects such as Northern Metropolis, finance chief Paul Chan says
Finance minister Paul Chan says Gulf states very interested in infrastructure projects, but more time needed to explain opportunities in mainland China and East Asia He points to Northern Metropolis ...
Hong Kong and Saudi Arabia want to do more business together. Here’s why
For the first time, Hong Kong’s leader has welcomed Saudi Arabian elites to the city for an investment conference, in an example of how it is embracing new potential business partners as it confronts ...
‘Serious uncertainties’ ahead for Hong Kong in coming year, finance chief warns, but authorities will remain ‘alert and vigilant’ to market situation
Paul Chan says there is 'not much' the government can do to navigate risks arising from external environment but will be firing on all cylinders to get economy going Financial secretary also takes aim ...