Chinese Vice President Han Zheng met with HSBC HOLDINGS (00005.HK) Chairman Mark Tucker in Beijing today (22nd), Xinhua News Agency reported. Han said that China is promoting Chine... Chinese Vice ...
Hong Kong banks should play ‘long con’ to reap 2025 growth benefits
Expect lower loan growth in 2024 as economic sentiment remains muted, KPMG experts said. The reduced financial activity will also reportedly have an impact on the fees and commissions earned by banks, ...
Floki Team Responds to Hong Kong Regulator Warning
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.
China small-bank take private offers big relief
Delisting might be the easy way out for China to keep its troubled, small lenders out of the public eye. Bank of Jinzhou , which was rescued by a $1.7 billion bailout from the central bank and local ...
Hong Kong to expand e-CNY pilot
HKMA and the PBOC to further support the expansion of use cases of the digital yuan in Hong Kong, targeting local consumers and travellers.
Chinese Jewelry Chain Zhou Liu Fu Considering a Hong Kong IPO, Sources Say
Zhou Liu Fu Jewelry Co. is considering an initial public offering in Hong Kong as soon as this year, according to people with knowledge of the matter.Most Read from BloombergTraders Line Up for ...
Hong Kong eyes moves to attract IPOs of mainland Chinese, Middle Eastern firms to spur stock market, Paul Chan says
The government is actively engaging with mainland Chinese regulators to speed up the approval process for companies listing in the city. Measures will also be rolled out to attract family offices and ...
FTSE 100 Live 30 January: HSBC fined £57 million, Diageo profits slump further, shares seen higher
FTSE 100 Live Tuesday Diageo profits fall despite Guinness demandHSBC rapped for deposit protection failingsPets at Home warns on profits ...
Hong Kong already has a national security law. Now its leader is pushing for another one
Hong Kong on Tuesday formally began the process to enact a controversial homegrown national security law in a move that could have deep ramifications for the city’s status as a global financial hub.
Hong Kong’s fund industry on road to recovery as financial watchdog looks to raise global appeal of city’s markets
The Securities and Futures Commission aims to enhance cross-border trading schemes and ties with the Middle East, the rest of Asia and around the world.
Evergrande’s offshore units swing after Hong Kong court’s liquidation order
Shares of China Evergrande Group’s offshore units are fluctuating after their heavily indebted parent received a liquidation order from a Hong Kong court, raising questions over their future ownership ...
With over $300 billion in debt, Hong Kong court orders liquidation of China’s Evergrande Group
As reported by Financial Times (FT), the order would allow court-appointed liquidators to attempt to seize control of assets of Evergrande Group in mainland China, as Hong Kong has a mutual ...
Hong Kong stocks slip in worst January since 2016 on BYD earnings miss, weak China manufacturing outlook
Stocks resume decline in Hong Kong, taking the city’s market to its worst January since 2016. While many Goldman Sachs clients are upbeat, a significant portion says the market remains uninvestable.
Hong Kong leaders start legislative push to tighten national security laws
Hong Kong confirmed on Tuesday its intention to pass fresh national security laws soon, building on sweeping legislation Beijing imposed on the city in 2020, and saying the city has the constitutional ...