Vanke is seeking to raise a club loan in Hong Kong, with Bank of China (Hong Kong) (2388.HK), opens new tab, the lead bank of the loan, having already obtained internal approval to commit HK$1.5 ...
Hong Kong IT professional scammed out of HK$2.7 million after investing in gold via sham platform
Victim coaxed into using sham trading platform after meeting woman claiming to be from Taiwan through language-learning app Police says he made 25 transfers worth more than HK$2.7 million to ...
HSBC One launches Hong Kong-focused collaboration with T1
Financial services company HSBC has announced a collaboration with South Korean esports organisation T1. The partnership in particular promotes HSBC One, the company’s Hong Kong-focused bank account, ...
Mox Bank Spearheads Cryptocurrency Integration in Hong Kong’s Financial Sector
In an ambitious move that marks a significant evolution in the financial landscape of Hong Kong, Mox Bank is set to introduce cryptocurrency investment services and Bitcoin Exchange-Traded Fund (ETF) ...
Cleary, JunHe and Maples Lead on Belle Fashion’s Billion-Dollar Hong Kong IPO
There are currently 77 active IPO filings with the Hong Kong Stock Exchange, 40 of which were filed in 2024. Cleary Gottlieb Steen & Hamilton, JunHe and Maples Group are advising Chinese shoes and ...
Issuing bonds to tackle Hong Kong deficit ‘legitimate’ not ‘monstrous’, ex-finance minister Henry Tang says
Former finance minister Henry Tang defends government plan to issue HK$120 billion in bonds to cover recurring expenses after successor warns against measure 'It is acceptable if it is used to ...
Developer China Vanke assures it can repay $630 million dollar bond amid liquidity worries
Struggling property developer China Vanke said on Tuesday it has funding in place to repay $630 million in dollar notes due on March 11, amid more selling pressure on its bonds as concern mounts over ...
China’s 5% GDP goal is ‘attainable’ but it won’t be easy, says Hong Kong’s financial secretary
GDP target of 5% is achievable, but the trajectory won’t be an easy one, said Hong Kong’s financial secretary.
Hong Kong budget: lack of sweeteners doesn’t make it a bitter pill
Readers evaluate the budget outlined by the finance secretary last week, what impresses mainlanders about Hong Kong, and the importance of preserving Victoria Harbour as a unique attraction Feel ...
IPO Roundup: Ryde Group, SolarJuice, and more
The IPO market is kicking off March with a few small issuers scheduled to price in the upcoming week and the possibility of bigger names, like Astera Labs (ALAB) and Reddit (RDDT), joining in later in ...
Offshore firm Appleby makes banking hire in HK from Mourant
Offshore law firm Appleby has added banking and finance expert Lily Miao as a partner in its Hong Kong office from rival Mourant Ozannes, where she was a counsel.
Citigroup to leverage Hong Kong’s finance hub status to grow wealth business in Asia, Greater Bay Area
Hong Kong will be the epicentre of wealth management as some US$100 trillion in riches is created globally over the next 10 years, Citigroup's Andy Sieg says The US bank plans to expand its credit ...
Hong Kong Manages Money Only for the Very Rich
This perhaps explains why Hong Kong residents made up around a third of HSBC’s investor base, and why many were enraged in 2020 when the UK-headquartered lender cancelled its dividend payouts ...
Hong Kong must look beyond bond issuances to cover government spending, ex-finance chief says, warns city is in ‘structural deficit era’
Former financial secretary John Tsang says revenue-boosting measures from new budget 'a drop in the bucket' compared with tens of billions needed to balance books 'It is impossible to imagine any ...