Tag: finance

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The Hong Kong Monetary Authority (HKMA) has released a report elucidating its initial findings after the completion of phase 1 of its pilot program, Project e-HKD. The project was initiated to examine ...

HSBC on Monday reported a fresh $3-billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts as spending on technology and operations grew and inflation ...

London-listed HSBC's profits soared, thanks to elevated interest rates. But high costs and pains in Chinese real estate continue to put pressure on it.

HSBC warned Monday that China’s property market has “potential for a further deterioration” as it reported profits that fell short of expectations, partly because of a $500 million charge to cover ...

Manyi Lu of DBS Bank in Hong Kong discusses HSBC's third-quarter results and the outlook for its share prices. What Your November Horoscope Has In Store For Your Zodiac Sign Can you refreeze thawed ...

Owners can keep land earmarked for new town and build according to zoning uses, but they will be required to pay premium, development chief Bernadette Linn says Minister also stresses former plan for ...

Hong Kong’s Monetary Authority has published a report on phase 1 of its CBDC pilot. The report said an e-HKD could add unique value to the payments ecosystem, but further investigation is needed. A ...

HKD, Hong Kong’s central bank digital currency, could help to settle payments quicker and be more cost effective for businesses, a pilot trial has shown.

HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts as spending on technology and operations grew and inflation ...

I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...

Hong Kong's real estate market has endured five years of steady upheaval and shocks, with domestic and global factors adding to the strain Even so, the outlook is not all doom and gloom as risks to ...

Shenzhen Shouhui Technology Group Ltd., a Chinese online insurance platform, is considering an initial public offering in Hong Kong as soon as next year, according to people familiar with the matter.

HSBC Holdings reported a 240% increase in third-quarter pre-tax profit on Monday as higher interest rates boosted profitability, although it missed market estimates.