The order was uplifted by OCC. HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad loans amid growing economic headwinds and property ...
Hong Kong customs arrests 7 linked to syndicate that laundered record-breaking HK$14 billion using ‘stooge’ bank accounts, shell companies
Hong Kong customs arrests 7 linked to syndicate that laundered record-breaking HK$14 billion using ‘stooge’ bank accounts, shell companies ...
China Market Update: Internet Stocks Light Up Friday Night In Hong Kong, Week In Review
Asian equities ended a strong week with a nice upward move led by growth and technology stocks following Applied Materials’ financial results, released after the close in the US yesterday.
Hong Kong’s Hang Seng Index to stay unchanged after review
THERE will be no additions or subtractions to Hong Kong’s Hang Seng Index following its latest quarterly review, according to a statement. Read more at The Business Times.
Hong Kong authorities arrest seven in $1.8 bln money laundering case
Hong Kong authorities said on Friday they had arrested seven people suspected of being involved in a $1.8 billion money laundering case, the largest ever in the financial hub.
Hong Kong stocks rise, China markets reopen next week after Lunar New Year break
Hong Kong stocks rose on Friday, on track for the third straight session of gain, with investors accumulating shares ahead of the reopening of China markets next week after the week-long Lunar New ...
Hong Kong stocks rally as some global funds turn bullish on Chinese tech leaders while Kuaishou, Xpeng, Swire gain on index bets
Local stocks jump for a third day as the Year of the Dragon lives up to its early promise. Some hedge funds have turned bullish on Chinese tech leaders. Kuaishou, Xpeng, Swire Properties may join the ...
Hong Kong’s accounting watchdog ready to flex regulatory muscle after accumulating all disciplinary roles, chairman says
Accounting and Financial Reporting Council has handled a substantially higher volume of complaints and investigations over the past five years since it gained more power, chairman says Ready to show ...
{Block Trade}BOC HONG KONG: 3.46m shares, or HK$66.02m
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HSBC arranges H2H integration for Hirdaramani Group
The Hongkong and Shanghai Banking Corporation Limited and Hirdaramani Group in Chattogram, Bangladesh have recently signed an agreement to offer Host to Host payments solutions for Hirdaramani Group ...
Finance leader defends Hong Kong stock market after US economist claims it is ‘over’
The chairperson of Hong Kong’s bourse operator has defended the city’s stock market after a US economist wrote in the Financial Times that the Hong Kong market was “over”. Outgoing chair of Hong Kong ...
Hong Kong stocks drop as Asian fund managers show no urgency to chase market amid China’s policy support, intervention
Stocks struggle to sustain a winning start to the Year of the Dragon as fresh economic challenges emerge. Funds are in no rush to chase Chinese equities despite Beijing’s recent intervention, a Bank ...
FWD mulls options for US$10 billion insurer after IPO delay: sources
FWD Group Holdings, the Asian insurer controlled by billionaire Richard Li, is considering options including a potential stake sale after delaying a planned initial public offering, according to ...
Hong Kong’s West Kowloon arts hub to run out of funds in 2025, CEO warns as gov’t urged to approve finance plan
Hong Kong’s West Kowloon Cultural District will use up its financial reserves next year, the head of the authority overseeing the arts hub has said as she urged the government to approve a plan ...