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Tag: finance

Posted on 16/05/2023

Bankers face sluggish hiring market, layoffs in Hong Kong

Bankers seeking a job in Hong Kong should brace themselves for obstacles as banking on human resource investments has seen a slowdown. Hiring experts revealed to Asian Banking & Finance that there is ...

Posted on 16/05/2023

Hang Seng May Reclaim 20,000-Point Plateau

The Hong Kong stock market on Monday ended the four-day losing streak in which it had plummeted almost 675 points or 3.4 percent. The ...

Posted on 16/05/2023

Hong Kong mortgage frenzy sees banks go big on cash rebates

Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades.

Posted on 16/05/2023

Swap Connect between Hong Kong, mainland officially launched

The trading of Swap Connect, an interest rate swap market access scheme, was officially launched on Monday, according to the People's Bank of China (PBOC). More than 40 domestic and overseas ...

Posted on 16/05/2023

HSBC aims to grow its Asian business amid pressure from top shareholder Ping An

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region. The banking giant told investors it is aiming ...

Posted on 16/05/2023

Hong Kong may issue retail bonds to fund part of HK$580 billion artificial islands project off Lantau, finance chief Paul Chan says

he adds Hong Kong's finance chief has suggested issuing retail bonds to fund a large part of the controversial HK$580 billion (US$73.95 billion) reclamation project off Lantau, after critics raised ...

Posted on 15/05/2023

Big banks still operating in Hong Kong are playing a dangerous game

The Chinese government has forced banks to deny Chinese emigrants access to their retirement savings. What Beijing will demand next is anybody's guess.

Posted on 15/05/2023

Billionaire Li’s FWD considers private funding, IPO delayed amid weak market conditions

FWD Group seeks to raise additional capital through private round, pauses IPO strategy amid weak market conditions.

Posted on 15/05/2023

HSBC targets Asia growth amid pressure from top shareholder

HSBC has unveiled plans to bolster revenues in its Asia business amid mounting pressure from its top shareholder to improve performance across the region.The banking giant told investors it is aiming ...

Posted on 15/05/2023

Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly

The branch offers a designated pet-friendly waiting area. Hang Seng Bank has upgraded its Hysan Avenue Branch at Causeway Bay to become Hong Kong’s first pet-friend branch, the bank said in a press ...

Posted on 15/05/2023

HSBC targets ‘mid-teens’ Asia returns amid Ping An pressure

Top shareholder Ping An Insurance Group has criticized the bank’s current model in Asia as being inefficient. Read more at straitstimes.com.

Posted on 15/05/2023

Hong Kong stocks fluctuate as China’s central bank injects more long-term liquidity amid signs of weak demand

China's central bank kept its medium-term lending interest rate at 2.75 per cent for the ninth straight month, in line with market expectations The People's Bank of China offered 125 billion yuan ...

Posted on 15/05/2023

Hong Kong mortgage frenzy sees banks go big on cash handouts

Fierce competition for new mortgage customers driving banks to offer the highest cash rebates in nearly two decades. Read more at straitstimes.com.

Posted on 13/05/2023

Hong Kong has subsidised over 220 green and sustainable debt instruments with over US$71.5 billion in issuances, treasury chief Christopher Hui says

Government will continue to accelerate the development of Hong Kong into an international centre for green and sustainable finance, Hui tells event The green and sustainable finance grant scheme ...

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