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Tag: finance

Posted on 04/09/2023

Chinese EV maker Hozon appoints CICC and Morgan Stanley for $1 billion Hong Kong IPO

Hozon, a Chinese electric vehicle manufacturer, has engaged China International Capital Corporation (CICC) and Morgan Stanley to assist with its IPO in Hong Kong, according to a September 1 report by ...

Posted on 04/09/2023

HSBC insurance brokerage unit secures fund sales licence in China

HSBC Holdings said on Monday its insurance brokerage unit in China had secured a license to sell a range of investment fund products in the country, helping towards its long-term drive to expand there ...

Posted on 04/09/2023

HSBC announces new CEO for HSBC Life Singapore

HSBC has announced plans to appoint Harpreet Bindra as the CEO of HSBC Life Singapore, subject to regulatory clearance. In his new role, Bindra will oversee HSBC Life Singapore and be responsible for ...

Posted on 04/09/2023

Hong Kong stocks lead gains in Asia; Australia and China data closely watched this week

Asian markets will be watching the Reserve Bank of Australia's rate decision, as well as China's inflation data later this week.

Posted on 04/09/2023

Hong Kong’s Hang Seng index is soaring but risks remain

The Hang Seng index rebound gained steam on Monday, helped by the mixed US data and the rebounding Country Garden share price The index, which tracks the biggest companies listed in Hong Kong, jumped ...

Posted on 04/09/2023

Hsbc Sees Great Trade Prospects Between China And Menat

The economic corridor between China and the Middle East, North Africa and Türkiye (MENAT) region is set to see bu ...

Posted on 04/09/2023

Hong Kong police arrest 29 suspected of selling bank accounts to crime syndicates for laundering fraud proceeds

Investigation reveals most were paid a few hundred to several thousand dollars each to sell their bank accounts,’ Inspector Tang Chi-shing says.

Posted on 04/09/2023

HKMA CEO: Hong Kong to host delegates from UAE, Saudi Arabia to explore collaboration on banking, yuan services

The Hong Kong Monetary Authority (HKMA) and the local banking sector will explore collaboration with their counterparts in the United Arab Emirates and Saudi Arabia when delegations from the two ...

Posted on 04/09/2023

Hong Kong should prepare for rapid AI uptake by ramping up education technology, former finance chief John Tsang says

Former finance chief John Tsang also says Hong Kong should be considered gateway for field encouraging more tech solutions in classrooms.

Posted on 04/09/2023

Hong Kong must brace for long slog of economic recovery with patience and a brave face

Data suggests Hong Kong is starting to recover, with tourism, service exports and population numbers coming back up But challenges remain, the worst of which is probably the eagerness of many in the ...

Posted on 04/09/2023

Hong Kong Finance Minister cautions against overreliance on tax reduction for stock market survival

Hong Kong’s Finance Minister, Paul Chan Mo-po, cautioned that reducing the tax on securities trading might not necessarily revive the city’s sluggish stock market. This warning comes as discussions ...

Posted on 04/09/2023

Hong Kong police smash HK$320 million money-laundering operation and arrest 19, but origins of most of cash still mystery

Police say syndicate, which began operating around June last year, also scammed at least 25 victims, with biggest single loss involving around HK$1 million.

Posted on 03/09/2023

HSBC launches 3rd Business Excellence Awards

Business enterprises and entrepreneurs can nominate themselves in eight categories by filling in a simple nomination form. The categories of 3rd HSBC Business Excellence Awards ar ...

Posted on 03/09/2023

HSBC launches third Business Excellence Awards

Organisations concerned can apply in eight categories till 1 October. The institutions selected through the jury board will be awarded by November.

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