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Tag: finance

Posted on 28/11/2023

FII Institute picks the Post as its exclusive Asia-Pacific print media contributor for its inaugural Hong Kong conference

The invitation to the Post, which marked its 120th anniversary on November 6, underscores its recent investments in coverage and distribution to include the nations of the Gulf Cooperation Council ...

Posted on 27/11/2023

Hong Kong exports grew by 1.4 per cent year on year in October, ending 17-month decline, but authorities warn challenges to persist amid geopolitical tensions

Growth driven by improvement in trade with mainland China and US, with total value of goods sold abroad reaching HK$379.9 billion last month Financial Secretary Paul Chan warns exports expected to ...

Posted on 27/11/2023

Climate change: Hong Kong has unique role to play as China’s offshore capital hub for green finance, says UN envoy

The world’s largest emitter of greenhouse gases must accelerate environmentally friendly projects if it is to transition to a low carbon economy, and this provides an opportunity for Hong Kong, says ...

Posted on 27/11/2023

Hong Kong’s Exports Unexpectedly Grow as China Demand Improves

Hong Kong’s exports rose last month for the first time in more than a year as trade with mainland China improved, providing some optimism for the financial hub’s economic outlook.

Posted on 27/11/2023

BOC Hong Kong(Hldgs) – ADR (BHKLY) Price Target Increased by 7.06% to 58.29

The average one-year price target for BOC Hong Kong (Hldgs) - ADR ( OTC:BHKLY) has been revised to 58.29 / share. This is an increase of 7.06% from the prior estimate of 54.44 dated October 31, 2023.

Posted on 27/11/2023

Hong Kong stocks approach 2-week low as banks, BYD tumble before China data underlining weak recovery, stimulus impact

Stocks approach a two-week low before government reports this week that may underline China’s struggle to revive its faltering economy. BYD tumbles on concerns about price war.

Posted on 27/11/2023

Stressed HK Developers Lure Private Credit as Funding Gap Looms

Private credit lenders are circling distressed property developers in Hong Kong, with a record $23.4 billion of bank loans coming due next year for the downtrodden sector.

Posted on 27/11/2023

Hong Kong, Chinese buyers shrug off high prices and interest rates to pile into prime Australian property

Prices in major Australian cities like Perth, Brisbane and Adelaide are at a record-high, up by as much as 11 per cent over the past 12 months, Juwai IQI's Daniel Ho says Foreign buying is surging ...

Posted on 27/11/2023

Hongkongers scammed out of HK$705 million in 9 months by phone cheats, with telecoms companies sending out 117,000 alerts daily

City’s telecoms firms have sent 117,647 alerts daily since May to warn about possible scams from ‘+852’ numbers pretending to be locally based.

Posted on 26/11/2023

Hongkongers scammed out of HK$705 million in 9 months by phone tricks, with telecoms companies sending thousands of alerts daily

Guess who I am' trick still fools people into believing family members in distress need money fast, with 1,822 cases reported in first nine months City's telecoms firms have sent 117,647 alerts daily ...

Posted on 26/11/2023

Hong Kong travel agents seek police help after surge in scammers using bogus social media accounts to cheat customers seeking cheap deals

Victims pay for tickets or travel packages by transferring money to personal bank account but do not receive booking confirmation and cannot contact seller again.

Posted on 26/11/2023

HSBC to Launch Credit Card Anti-fraud Measures in Phases from Dec

Luanne Lim, Chief Executive Officer, HSBC Hong Kong, remarked that online fraud is becoming increasingly serious, and it is necessary to gain customer trust and address criminal activities through ...

Posted on 25/11/2023

Financial contagion warning as HSBC is told to brace for ‘catastrophic’ £6.3billion hit

HSBC earlier this month confirmed it was setting aside £910million to cover expected loan losses, including £412million related to the commercial real estate sector in China - b ...

Posted on 25/11/2023

HSB’s Head of Private Banking Alison Law Reported to Return to HSBC at End-yr

Hong Kong media quoted sources as saying that Alison Law, who previously took charge of HANG SENG BANK (00011.HK)'s Head of Private Banking and Trust Services, will leave the C... Hong Kong media ...

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