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Tag: finance

Posted on 16/12/2023

Hong Kong Exchange CEO Aguzin to leave; Chan to succeed

Hong Kong Exchanges & Clearing CEO Nicolas Aguzin will leave the company at the end of his three-year contract, and will be succeeded by co-chief operating officer Bonnie Chan.

Posted on 15/12/2023

Hong Kong Weighs More Digital Green Bond Sales Amid Hub Push

Hong Kong is considering offering green bonds managed on distributed ledger technology, the latest step in the city’s efforts to become a digital-asset hub, following its first sale of similar notes ...

Posted on 15/12/2023

Hong Kong launches digital green bonds with major banks

Hong Kong (HK) is taking significant strides in digital asset finance in Asia. The city has engaged five major banks, including HSBC Holdings Plc and Credit Agricole CIB, to lead a series of digital ...

Posted on 15/12/2023

Hong Kong Exchange CEO Aguzin to Leave Firm; Chan to Succeed

Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Nicolas Aguzin will leave the company at the end of his three-year contract, and will be succeeded by co-Chief Operating Officer Bonnie Chan ...

Posted on 15/12/2023

Hong Kong shines bright as a family office hub

The city hosts more of the world’s top 500 family enterprises than any other city in Asia, and is the second-largest global offshore wealth centre.

Posted on 15/12/2023

Hong Kong gov’t amends national security law, allowing suspects’ assets to be frozen until legal proceedings end

The Hong Kong government has amended the Beijing-imposed national security law to allow authorities to freeze assets of suspects and defendants until all legal proceedings against them have concluded.

Posted on 15/12/2023

Hong Kong Hires Banks for Digital Green Bonds Issuance

The Hong Kong government has hired five banks to explore a series of digital green bond sales, following a maiden offering earlier this year.Most Read from BloombergRange Rovers Become Thief-Magnets, ...

Posted on 15/12/2023

Hong Kong’s legal clampdown on China critic Jimmy Lai

A landmark Hong Kong national security trial against the now-defunct pro-democracy newspaper Apple Daily and its founder, Jimmy Lai, begins this month.

Posted on 15/12/2023

Hong Kong puts bounties on 5 overseas-based pro-democracy activists

Hong Kong police accused five overseas-based activists of violating a harsh national security law imposed by Beijing and offered rewards of 1 million Hong Kong dollars ($128,000) on Thursday for ...

Posted on 15/12/2023

Hong Kong Stocks Soar More Than 3% In Morning Trade

Hong Kong stocks soared more than three percent in the morning session Friday, extending a rally fuelled by the Federal Reserve's indication that it will cut interest rates next year.

Posted on 15/12/2023

Asian IPO market seen brighter in 2024 but elections cast shadows

Bankers in Asian equity capital markets are hopeful of a better year in 2024 after a dismal showing for IPOs this year, noting that interest rates have stabilized globally but they add that elections ...

Posted on 15/12/2023

Hong Kong national security police offer HK$1 million bounties on another 5 fugitive opposition figures

Simon Cheng, Frances Hui, Joey Siu, Johnny Fok and Tony Choi – are accused of inciting secession and collusion with foreign forces.

Posted on 15/12/2023

Bank of East Asia refreshes logo’s colour to a sunrise hue, exhorts customers to ‘live every moment,’ as it taps wealth business

Like its competitors, Bank of East Asia is betting on Hong Kong’s expanded role in the Greater Bay Area to tap the growing affluence and China’s potential for wealth management.

Posted on 15/12/2023

HSBC leads Hong Kong banks in keeping prime rates steady after city holds fire in tandem with the Federal Reserve

Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal Analysts believe the Fed has reached its peak rate level, but the US central bank is ...

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