THE Hong Kong Monetary Authority (HKMA ... a decision expected by all economists surveyed by Bloomberg. The Asian finance hub’s monetary policy moves in lock-step with the US as the local currency is ...
Hong Kong – New Capital Investment Entrant Scheme.
The (New CIES) started accepting applications on 1 March 2024 after the Hong Kong government announced detailed rules. Eligible persons with HK$30 million (or equivalent) in net assets may apply with ...
Asian stocks skittish as rate fears persist; Hong Kong up on property cheer
Investing.com-- Asian stocks were a mixed bag on Thursday as fears of U.S. interest rates remaining high for longer remained in play, although the Federal Reserve did downplay any expectations for ...
Hong Kong virtual lender ZA Bank eyes retail services for digital assets as new regulations come into effect in June
Hong Kong's largest virtual bank is preparing to introduce virtual asset trading services for retail investors, CEO Ronald Iu says SFC will roll out the new regulatory regime for digital asset trading ...
China tensions bubble up as HSBC seeks its next boss
HSBC, known in banking circles as “Honkers and Shankers”, is well-acquainted with geopolitical scrutiny. Formed as the Hong Kong Shanghai Banking Corporation in 1865 when the territory was still a ...
HSBC investors demand greater focus on Asia under new boss
However, Asian people are still underrepresented in the upper echelons of the bank. Only a small proportion of HSBC’s current executives are from Asia. David Liao, the co-head of HSBC’s Asia-Pacific ...
Local banks and S’pore, HK police recover more than S$370k for 70-year-old man in foiled scam
SINGAPORE: The police and banks here, together with the Hong Kong police, foiled a “technical support” scam and recovered more than S$370,000 for a 70-year-old victim.
More than S$370,000 recovered after banks, Singapore and Hong Kong police foil scam
The 70-year-old victim divulged his bank credentials to a scammer after being told his computer had been hacked and his bank accounts were used for illegal activities.
Scam alert: fake Post article featuring Hong Kong movie star Donnie Yen promotes online trading tools
Scammers have published a fictitious article with the appearance of a South China Morning Post story and a reporter’s byline to promote two online financial trading apps.
Local banks and S’pore, HK police recover more than $370k for 70-year-old man in foiled scam
Scammers told the man his computer had been hacked and his bank accounts were used for illegal activities. Read more at straitstimes.com.
HSBC, StanChart, DBS tap Golden Week visitors drawn to Hong Kong’s cash-for-residency scheme
“Customers are particularly interested in residency or investment opportunities in the city,” said Winnie Ng, head of distribution sales management, wealth and personal banking at the Hong Kong office ...
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June. Hang Seng Bank has announced a first interim dividend of HK$1.2 per share for Q1 2024. The payment date has been set for 6 June, the Hong Kong-baesd bank said in an ...
Hong Kong court overturns convictions of broker and 3 executives in alleged scheme to defraud Convoy of HK$51 million
Court of Appeal clears three executives of two charges of conspiracy to defraud and quashes conviction of fourth defendant.
Bitcoin price plunges below $60K following Hong Kong ETF launch
The launch of bitcoin and ether ETFs in Hong Kong was met with underwhelming interest and the bitcoin price fell shortly afterward.