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Tag: finance

Posted on 30/04/2024

Hong Kong Set to Begin Trading of Officially Approved Bitcoin and Ether ETFs on April 30

Hong Kong is set to mark a significant milestone in its financial market on April 30, with the launch of its first spot Bitcoin and Ether exchange-traded funds (ETFs). This development follows the ...

Posted on 30/04/2024

Manulife and Standard Chartered HK team up for private banking

Manulife Hong Kong and Macau (Manulife) and Standard Chartered Bank (Hong Kong) have formed a distribution relationship. With immediate effect, Manulife is now providing Standard Chartered Hong Kong's ...

Posted on 30/04/2024

Hong Kong stocks rise, end on the cusp of bull market after longest winning streak since October on earnings optimism

Hong Kong stocks closed near bull market territory after corporate earnings continued to surprise on the upside with property sector support measures on mainland China adding to the momentum.

Posted on 29/04/2024

Hong Kong rallies close to bull market territory

After a weak start to the year, the Hang Seng index entered a technical bull market during the day on Monday, touching a level 20 per cent above its January low, with an influx from international ...

Posted on 29/04/2024

Manulife and Standard Chartered Hong Kong Announce Distribution Partnership for Private Banking

Manulife Hong Kong and Macau ("Manulife") and Standard Chartered Bank (Hong Kong) Limited ("Standard Chartered Hong Kong") are pleased to announce the launch of a distribution partnership. With ...

Posted on 29/04/2024

China’s New Plan to Boost Hong Kong IPOs Faces Major Hurdles

China’s vow to encourage the nation’s leading companies to list in Hong Kong is helping spur a rare surge in the $5 trillion stock market, but dealmakers aren’t ready to turn optimistic. The Hang Seng ...

Posted on 29/04/2024

TNG eWallet and MyPB are now accepted by over 90% of local merchants in Hong Kong

TNG eWallet and MyPB users can make seamless QR payments in Hong Kong. Both are supported by over 90% of local merchants that accept AlipayHK or Alipay+.

Posted on 27/04/2024

Pace of Hong Kong’s economic recovery may need to be re-evaluated but no drastic changes to forecasts, finance chief Paul Chan says

Financial Secretary Paul Chan says Hong Kong may face a higher interest rate environment for longer US Federal Reserve earlier indicated any rate cuts may take longer than previously anticipated ...

Posted on 27/04/2024

Investment scams in Hong Kong surge 55% in first quarter involving over HK$900 million, city’s police chief says

Commissioner of Police Raymond Siu says deception cases in city grew 0.9 per cent, with all but investment scams showing signs of decline between January to March Siu warns residents against falling ...

Posted on 27/04/2024

Hong Kong’s crypto ETFs off-limits for mainland China investors

Hong Kong is all set to roll out its first spot Bitcoin and Ethereum ETFs, but here’s the thing. If you’re investing from mainland ChiChina and Russia almost completely rid of US dollar in mutual ...

Posted on 27/04/2024

Shinhan Financial takes back leading status in Q1 earnings

Shinhan Financial Group has reclaimed its position as the leading financial conglomerate in the country for its first-quarter earnings, due mainly to the expansion of corporate loans and improved ...

Posted on 26/04/2024

Here’s What Could Help BOC Hong Kong (BHKLY) Maintain Its Recent Price Strength

BOC Hong Kong (BHKLY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through ...

Posted on 26/04/2024

Hong Kong transport authorities cut estimated cost of controversial T4 road by 5% to HK$6.81 billion after questions raised over price tag

Transport and Logistics Bureau submits revised funding request over Trunk Road T4 to the legislature's Finance Committee Bureau abruptly withdrew original request for HK$7.16 billion more than a month ...

Posted on 26/04/2024

Alipay+ Enables Digital Payment of 14 Overseas E-wallets from 9 Countries and Regions in Hong Kong to Support City’s Global Travel Drive

Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization ...

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