Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with tightening this year. Market turnover approaches a ...
HSBC to make $1 billion in funding available to climate-tech startups
A logo of HSBC is seen on its headquarters at the financial Central district in Hong Kong, China August 4, 2020. REUTERS/Tyrone Siu/File Photo ...
BOCHK Hong Kong dollar interest rates stay the same
Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate. Bank of China (Hong Kong) has announced that its Hong Kong Dollar (HKD) prime rate and savings deposit rate remain ...
Alibaba, Tencent HSBC lead losses in Hong Kong stocks as Fed’s hawkish pause adds to market misery
Stocks suffer another round of selling, sending the Hang Seng Index to a one-month low. Fed officials indicate the central bank is not done yet with rate tightening this year, ...
HSBC Buys back Nearly 4.24M Shrs for $244M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.2398 million shares of the company at HKD244 million yesterday (6th) in the UK and HK markets.Among which, 2.315... HSBC HOLDINGS ...
Beijing Fourth Paradigm to Price Hong Kong IPO at Low End of Range -Source
SYDNEY (Reuters) - Chinese artificial intelligence startup Beijing Fourth Paradigm is set to price its shares at HK$55.6 each, the low end of the price range, to raise HK$1.023 billion ($131 million), ...
Yeah about that open IPO window
Moreover, the three IPOs enjoyed crackerjack debuts, with Arm closing up 25 per cent on the first day of trading, Instacart popping 43 per cent at the opening on Tuesday, and Klaviyo soaring as much ...
Alibaba, AIA, HSBC lead losses in Hong Kong market as Fed’s hawkish pause adds to stock, yuan misery
The city's stock benchmark falls, adding to a 4 per cent loss this month, as global funds rue the tougher market outlook The Fed paused on its policy tightening cycle overnight, as most meeting ...
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ...
China, Hong Kong stocks drop on hawkish US Fed stance
HONG KONG: China and Hong Kong stocks slipped on Thursday as risk sentiment took a blow after the US Federal Reserve’s hawkish policy statements signalled another rate hike by year-end and much ...
Hong Kong central bank leaves interest rate unchanged, tracking Fed
The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a decision by the U.S. Federal Reserve to keep rates ...
Hong Kong Central Bank Leaves Interest Rate Unchanged, Tracking Fed Move
HONG KONG (Reuters) - The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S. Federal ...
HSBC Said to Suspend Remittance Services to/ from Russia/ Belarus for HK Corporate Clients
Short selling $257.02M; Ratio 35.080% will suspend its remittance services to and from Russia and Belarus for its corporate clients in Hong ...
HKMA takes a second break from raising its base rate after US Fed’s ‘hawkish skip,’ giving Hong Kong’s businesses and borrowers a breather
Hong Kong kept the city’s base rate unchanged on Thursday after the US Federal Reserve paused its current cycle of inflation-busting increases to assess the impact of higher funding costs on the world ...