HSBC announced that it has inked a memorandum of understanding (MoU) for cooperation with the Dubai Department of Economy and Tourism. The collaboration aims to promote business and investment ...
Clara Chan, once called ‘goddess’ for her role in Cathay Pacific rescue, is the new boss of Hong Kong’s version of Temasek
Clara Chan Ka-chai, the incoming CEO of the new government investment company which will oversee HK$62 billion (US$8 billion) of funds, is not new to deal-making challenges, having earned the moniker ...
Finance chief says Hong Kong already Asia’s green finance hub
HONG KONG, Oct. 4 (Xinhua) -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region government, said on Wednesday that Hong Kong is well developed in green finance and the city ...
How BOCHK empowers entrepreneurs with customised business banking solutions
Bank of China (Hong Kong) (BOCHK) is committed to helping small and medium-sized enterprises (SMEs) navigate the ever-changing business environment and market landscape. In this story, five ...
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs. Bank of China (Hong Kong) (BOCHK) has begun a pilot for the use of a hypothetical e-HKD to examine the use of e-HKD for prepaid services.
Hang Seng Bank revives image of God of Wealth to appeal to HKers
Hang Seng Bank has joined forces with local creative agency Secret Tour Hong Kong and design powerhouse Tinbot to transform the iconic God of Wealth into modern figures that resonate with today’s ...
Hong Kong stocks extend losses as rising yields weigh
HONG KONG, Oct 4 (Reuters) - Hong Kong stocks extended losses to ... Citigroup said September sales for 35 listed property companies tracked by the bank were softer-than-expected. ** “As some buyers ...
Hong Kong rises to 2nd place in global financial inclusion ranking: report
Hong Kong is the second most financially inclusive market out of 42 markets analyzed globally rising two places year on year acc ...
Hong Kong banks struggle to sell foreclosed homes even at 20% discount
Foreclosed homes on sale in September increased 36 per cent from a year ago to 271 - the most since 2009. Read more at straitstimes.com.
Golden Week Looks Golden Though Hong Kong & Asia Hit
Asia equities were off on light volumes as Hong Kong underperformed as Mainland China and South Korea were closed for holidays.
Hong Kong leads Asia-Pacific markets lower; Australia’s central bank keeps interest rate unchanged
Hong Kong stocks fell over 3%, leading wider losses in the region ahead of a rate decision by the Reserve Bank of Australia.
Stock market minnows are grabbing most of the world’s IPOs
When UK-based chip designer Arm went public earlier this month, raising $65 billion on the Nasdaq in a matter of hours, hopes swirled among investors that the global market for initial public ...
Hong Kong stocks drop as US Treasury yields touching multi-year highs weigh
Hong Kong shares started the last quarter of 2023 sharply lower on Tuesday, as U.S. Treasury yields reaching 16-year high pressured the markets. The Hang Seng Index dropped 3% to its lowest since ...
Hong Kong’s Hang Seng falls nearly 3%; Japan’s Nikkei is 1.5% lower on Fed rate hike jitters
Asian shares fell on Tuesday, with Japan's Nikkei, Hong Kong's Hang Seng Index and Australia's S&P/ASX 200 Index falling anywhere between 1% to 3%. The initial optimistic market reaction led by a deal ...