Bank to add team from Green Transition Partners, asset manager focused on energy transition infrastructure in Asia Deal to help expand HSBC Asset Management's alternative investment offerings HSBC's ...
Hong Kong retail sales fall 4.2% in November, snapping two months of growth
Hong Kong's November retail sales fell 4.2% from a year earlier, snapping two straight months of growth with tightened financial conditions weighing on local demand, government data showed on ...
Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes
Hong Kong shares rise 3% as investors look ahead to the Fed's meeting minutes, watching for signs of more interest rate hikes.
Hong Kong stocks extend New Year rally as China pledges fiscal boost to virus-hit economy
Stocks chalk up further gains in the new year with traders encouraged by China’s pledge to shore up its virus-hit economy. Alibaba, Tencent and Chinese developers pace winners.
Hong Kong home prices: Citibank predicts U-shaped recovery, matches Morgan Stanley’s 5 per cent upside for 2023
Hong Kong's home prices will drop 5 per cent in the first quarter, before gaining 5 per cent towards the end of the year, Citi said in a report Property transactions in the city slumped to a 32-year ...
Hong Kong to raise up to $5 billion in green bonds -sources
A general view of skyline buildings during sunset in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu ...
Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame runaway US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point, potentially taking borrowing costs to their highest level since 2007.
Tender Sale of Evergrande’s Hong Kong Headquarters Fails Again -Sources
A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms ...
Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources
The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.
Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say
All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...
Top 6 Hong Kong IPOs to watch out for in 2023, as city tries to reclaim pole position in global fundraising
Ant Group, ByteDance, Syngenta, Amer Sports, FWD Group and Didi Global among the highly anticipated IPOs this year. Over 100 new listings are expected to raise around HK$200 billion (US$25.6 billion).
Rising interest rates could fuel results for HSBC, global banks amid uncertain economic outlook
HSBC's profit expected to increase 7 per cent in 2022, surge 42 per cent to US$19.2 billion in 2023 Banks' creditworthiness to remain 'broadly stable' despite gloomy economic outlook: Moody's After a ...
Hong Kong financial service providers gear up for retail crypto traders
Hong Kong’s financial services providers, including local brokers and fund managers, are seeking advice to prepare for new licensing requirements which will allow them to provide services to retail ...
HSBC share price: Winds of change are blowing
HSBC share price has staged a strong recovery since November as the company goes through significant changes. The stock rose to a high of 520p, which was the highest level since S ...