The exchange has been delivering record earnings as the city has benefited from Chinese companies linked to the artificial intelligence buildout moving Hong Kong deals to a higher gear.
DBS Hong Kong Partners with Visa, Preface to empower Customers with AI Readiness skills, for the Future of Intelligent Payments
Collaboration builds on DBS's ongoing work with Visa to make cards Agent Ready, while bringing practical AI education and tools to customers through Preface.
HSBC Rides Wave of China’s Surging Trade Links With Brazil
Brazil’s record trading volume with China is proving to be a boon for HSBC Holdings Plc, a decade after the bank sold its sprawling Brazilian operation and then returned to focus on the cross-border ...
Banking on Connectivity in a Fragmented World
George Tung, CEO of UOB Hong Kong, is leveraging Hong Kong’s cross-border capital hub status by deepening ASEAN connectivity, integrating wholesale and private banking, and embedding disciplined risk ...
Use of yuan hits 6-month high in Hong Kong’s fast-payment system
Yuan-denominated payments rise 34 per cent, with Payment Connect mechanism acting as catalyst for multiplying cross-border use cases.
Beijing urges mainland insurers to invest in Hong Kong-listed ETFs
Hong Kong’s status as global financial centre receives a boost as China’s financial regulator touts city’s exchange-traded funds.
HashKey taps Hong Kong’s first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKD-pegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab Emirates ...
Hang Seng closes higher as Hong Kong buyers push past early losses
Hong Kong turned a flat open into a modest gain, and Shanghai closed at 3,990, within 10 points of 4,000. Beijing has pledged support without big new stimulus, so this grind higher is coming from ...
Shein’s IPO Could Come At a Quarter Of Its Past Valuation
The fast-fashion giant could seek a valuation of around $25 billion in its Hong Kong IPO as investors question whether it can revive the explosive growth that once made it one of the world's most ...
Shein cuts company valuation to around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...
PwC predicts tax revamp will lure multinationals to Hong Kong – report
PricewaterhouseCoopers (PwC) tax experts say Hong Kong's proposed tax incentives for corporate treasury centres will attract multinational and mainland companies. This was outlined in a South China ...
Shein eyes company valuation of around $25 billion in Hong Kong IPO, sources say
Online fast-fashion retailer Shein is eyeing a company valuation of around $25 billion in its Hong Kong IPO, said three people with knowledge of the matter, down from nearly $100 billion four years ...
Hang Seng: Bullish flag emerges ahead of Shein IPO, Baidu and Alibaba earnings
Top companies like Baidu and Alibaba will announce their earnings. The Hang Seng Index rose to 25,517 on Monday as investors waited for the highly anticipated Shein IPO and key earnings by some of the ...
Hang Seng Opens 1.3% Higher as Hong Kong Buyers Bet on China Without a Stimulus Catalyst
Hong Kong opened 1.3% higher even after Beijing signaled it will support growth without a big new stimulus package, per Reuters. Buyers are paying up for China exposure without the policy bazooka ...