Tag: finance

“We discovered that some of the accounts had 1,000 transactions involving more than HK$100,000, in a single day,” the senior inspector said. Tuen added that dividing a large sum of money into smaller ... ( read original story ...)

About 65% of HSBC’s of pretax profit last year came from Asia, and Hong Kong is the bank’s single largest market. However, HSBC has argued that while Asia appears to be the dominant source of its ... ( read original story ...)

Hong Kong's financial sector and universities are working together to equip the city's professionals with the knowledge and skills they need to tap the huge decarbonisation opportunities in China, an ... ( read original story ...)

Financial Secretary Paul Chan had already warned Sunday that pressures from Covid outbreaks and the US Federal Reserve’s interest rate hikes will inevitably push Hong Kong to cut its growth forecast ... ( read original story ...)

HSBC HOLDINGS (00005.HK) announced that it had repurchased a total of 1.7472 million shares in the London and Hong Kong markets yesterday (12th), involving approximately HKD81.0329 million. The group ... ( read original story ...)

The city’s de facto central bank stepped into the currency market again on Friday morning, its third intervention in two days to lift the local dollar from its weakest level in more than three years. ( read original story ...)

HSBC said on Thursday that it plans to lend US$1 billion to women-owned businesses through its newly launched Female Entrepreneur Fund in Hong Kong and 10 other markets over the next 12 months. The ... ( read original story ...)

"I think people will follow the trend of where they can make money," John Lee said, "where they can develop and follow their dreams." ... ( read original story ...)

JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been ... ( read original story ...)

Hong Kong intervened to defend its currency for the first time since 2019, putting further upward pressure on interest rates in an economy already reeling from strict pandemic border controls and a ... ( read original story ...)

Survey finds 81.1 per cent of 1,633 people interviewed scored six and above on family happiness, but overall index of 6.98 is lowest since 2019 Mothers found to have been affected more negatively by ... ( read original story ...)

One of the Catholic Church's most senior members has been arrested in Hong Kong for breaking China's national security law, police ... ( read original story ...)

JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong Kong IPO because domestic regulatory approval for the listing has not been ... ( read original story ...)

(Bloomberg) -- Hong Kong’s beleaguered economy faces the ... Such spending would drain liquidity from the financial system, driving up borrowing costs at a time when the economy is contracting ... ( read original story ...)