Hong Kong’s share of regional initial public offerings (IPO) has shrunk to the lowest in more than 2 decades despite a recent pickup in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)
China Vanke unit set to raise $733 million in Hong Kong IPO-sources
Developer China Vanke Co Ltd's property services arm Onewo Inc, is set to raise HK$5.75 billion ($733 million) by pricing its shares at HK$49.35 each in its Hong Kong IPO, according to two sources ... ( read original story ...)
Hong Kong central bank raises rate, HSBC and Standard Chartered follow
Hong Kong on Thursday raised its base rate by 75 basis points (bps) to 3.5%, prompting the largest commercial banks operating in the territory, including HSBC, to increase their best lending rates. ( read original story ...)
Hong Kong’s Share of Asian IPOs Slumps to Over Two-Decade Low
Hong Kong’s share of regional initial public offerings has shrunk to the lowest in more than two decades despite a recent pick up in deals, costing the financial hub its position as one of Asia’s ... ( read original story ...)
China property IPO bets on big name to calm fears
Big names generate deal interest, but that comes with risks, too. China Vanke , the biggest private developer by market value in the People’s Republic, is braving both rocky stock markets and the ... ( read original story ...)
Hong Kong central bank raises interest rate after Fed hike, HSBC follows
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points (bps) to 3.5%, hours after the U.S. Federal Reserve delivered ... ( read original story ...)
HSBC to Raise Best Lending Rate to 5.125% After HK Rate Hike
HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city's central bank raised the base rate charged through its ... ( read original story ...)
Hong Kong finance chief says no risk of sharp changes to property prices
Hong Kong Finance Secretary Paul Chan said on Thursday he does not see a sharp risk to the city's property market after the financial centre's de facto central bank raised interest rates in lockstep ... ( read original story ...)
Hong Kong raises base rate by 75 basis points as slowing US inflation softens Fed’s blow
Hong Kong's base rate will rise to 3.5 per cent effective immediately, the Hong Kong Monetary Authority said All eyes are on Hong Kong's commercial lenders, as to whether they would raise their prime ... ( read original story ...)
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
Hong Kong’s equivalent to a central bank has analyzed feedback from an earlier publication creating a local central bank digital currency. ( read original story ...)
Hong Kong plans to launch trial of e-HKD in fourth quarter
Hong Kong will start testing out a digital coin called the e-HKD from the fourth quarter, paving the way for a virtual currency the public can use in the future to shop, dine out and make money ... ( read original story ...)
Hong Kong’s financial system remains resilient despite challenges: chief executive
SAR) chief executive John Lee said on Wednesday that the SAR's financial system remains resilient, expressing his full confidence in the regional development of the Guangdong-Hong Kong-Macao Greater ... ( read original story ...)
Hong Kong political, financial luminaries show up for funeral of Vincent Cheng, first Chinese executive director of HSBC
City leader John Lee hails Cheng’s contribution to public and social services, while his predecessor says banker’s role symbolises ‘the great Hong Kong story’. ( read original story ...)
Hong Kong Seeks to Launch Wholesale CBDC Within 2-3 Years
The Hong Kong Central Bank said it expects to launch a central bank digital currency (CBDC) in 2-3 years after concluding talks on technical and policy issues. The bank added it expects to deploy a ... ( read original story ...)