Hong Kong kept its key interest rate unchanged in lockstep with the Federal Reserve’s overnight decision, as sticky US inflation forced global investors to push back bets on a rate cut to mid-June.
Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities
Hong Kong's central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects.
HSBC leaves prime lending and deposit rates unchanged as borrowers eye interest relief later this year
HSBC is keeping its prime lending rate unchanged at 5.875 per cent, paying 0.875 per cent per annum for deposits Other lenders will announce their decisions later today Hong Kong's biggest lender HSBC ...
Hong Kong holds base rate steady at 5.75% after Fed’s unanimous vote to keep watching for signs of falling US inflation
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...
HSBC HOLDINGS Buys back 7.53M+ Shrs for HKD443M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 7.5334 million shares of the company yesterday (12th) in the UK and Hong Kong markets for a total of HKD443 millio... HSBC HOLDINGS ...
Bank of America cuts back on office space in Hong Kong amid impending new supply
US banking giant Bank of America plans to relinquish a big chunk of prime office space in Hong Kong as part of cost-saving measures in response to the headwinds facing the financial industry. Bank of ...
Woori Bank to discuss proactive compensation for HK-tied ELS losses
Woori Bank is expected to proactively compensate investors who have suffered financial losses from equity-linked securities (ELS) tied to the performance of the Hang Seng China Enterprises Index, ...
Hang Seng Indexes: HK Stocks Rebound Strongly from Jan’s Low; Net Southbound Inflow Recorded for 8 Consecutive Mths
Hang Seng Indexes: HK Stocks Rebound Strongly from Jan's Low; Net Southbound Inflow Recorded for 8 Consecutive Mths ...
Hong Kong stocks advance after upbeat corporate earnings but caution prevails as monetary policy moves eyed
Hong Kong stocks edged higher after corporate earnings fuelled gains in sportswear company Li Ning and telecoms giant China Unicom, although the mood was cautious after China’s central bank kept its ...
Hong Kong Faces Battle to Shore Up Its Role as Financial Hub After Security Law
Hong Kong just passed its local security law at record speed, placating Beijing and antagonizing Western governments. It now has the challenging task of bolstering the city’s position as an ...
Chinese payment provider LianLian DigiTech files US$78 million Hong Kong IPO, less than a fifth of its target a year ago
The company aims for a fifth of the US$500 million it originally sought in June 2023 The downsized listing comes as Hong Kong's stock market endures the lowest momentum for new listings since 2011 ...
How HSBC Transformed Its Customer Experience
The banking and finance sector, which has long emphasized product strategy over customer experience (CX), is facing increasing pressure from brick-and-mortar, online, and fintech competition. This ...
Futu Holds Hong Kong’s First Retail Investment Exhibition, Uniting Premier Financial Institutions and Over 5,000 Investors
Futu Holdings celebrates 5th anniversary of its IPO and reaffirms its commitment to further investment in Hong Kong Arthur Chen, Chief Financial Officer at Futu Holdings, shared during his opening ...
Bank of America Cuts Space in Hong Kong in Blow to Office Market
Bank of America Corp. is cutting some office space in its headquarters in Hong Kong’s Central district, according to people familiar with the matter, underscoring the headwinds for the city’s ...