HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 25 basis points to 5.375% effective Nov. 4 after the city's de facto central bank raised the base rate charged ...
Mainland Chinese banks, banned from crypto assets at home, weigh services in Hong Kong after policy change
Unlike Hong Kong, the mainland Chinese government regards cryptocurrency as a threat to financial stability and strictly prohibits banks from dealing with cryptocurrencies such as bitcoin. Last year, ...
Hong Kong’s Hang Seng jumps sharply, other Asian markets follow
SYDNEY, NSW, Australia - Stocks in Hong Kong and mainland China jumped sharply on Tuesday, triggering a regional rush to equities. The Hang Seng in Hong Kong surged 768.25 points ...
A combination of factors led to the rally in the Hang Seng index, says Goldman Sachs
Timothy Moe of the investment bank says the Hong Kong's Hang Seng was "ripe for any kind of recovery, rebound and short-selling covering" after it fell sharply recently. Bear market isn't over, but ...
Major banks are bullish on Hong Kong’s economy and China growth prospects
Major lenders are confident in the rebound of Hong Kong's and China's economy, even as China ramps up its Covid measures and a 4.5% drop in Hong Kong's GDP.
Hong Kong hardsells ‘China advantage’ to global banks to revive hub image
Hong Kong leader John Lee on Wednesday pitched the city's connection with China in an address to some of the world's top financial executives, as he strives to rebuild the Chinese territory's ...
‘Law And Order Returned’ Hong Kong’s US-sanctioned Leader Says At Banking Summit
Hong Kong's US-sanctioned leader insisted Wednesday that political stability and business confidence in the city has been restored following the crushing of democracy protests, as he opened a ... ( read original story ...)
Hong Kong Bankers Fear Their Careers Are Coming to an End
It was supposed to be a big celebration for Hong Kong. This week’s Global Financial Leaders' Investment Summit, organized by the city’s central bank, was meant to showcase the revival of Hong Kong as ... ( read original story ...)
Top Citigroup executive says Hong Kong is back to normal, as bank opens new wealth management centre in city
Senior Citi executive says it is ‘business as usual’ in city as lender looks to expand now that pandemic has receded, with a target to capture US$150 billion of new client money from wealthy customers ... ( read original story ...)
HSBC Sydney Sevens to return after 3-year hiatus for rugby ‘extravaganza’
Australian fans will have the chance to get behind their champion Rugby Sevens stars for the first time since 2019. ( read original story ...)
Wall Street chiefs to share stage with Hong Kong’s sanctioned leader
Lee, a former security chief who took office this year, is among Chinese officials sanctioned by Washington for cracking down on rights in Hong Kong after huge democracy protests, unable to hold ... ( read original story ...)
Hong Kong woos global banking titans by kick-starting financial summit with grand banquet at M+ museum, serving up cuisine and culture
Hosted by Hong Kong’s de facto central bank, gala dinner held at the M+ museum in the West Kowloon Cultural District overlooking Victoria Harbour. ( read original story ...)
Finishing touches at Hong Kong’s M+ museum as venue prepares to host banking giants for tour and dinner ahead of financial summit
The chief of Hong Kong’s biggest cultural hub has expressed hope of bridging arts and business when banking titans attend a dinner at one of her museums on Tuesday night, saying it is a ... ( read original story ...)
Feast for the eyes: Hong Kong woos global banking titans by kick-starting financial summit with grand banquet at visual arts M+ museum
Hosted by city's de facto central bank, welcome dinner was held at M+ museum in the West Kowloon Cultural District overlooking Victoria Harbour Banking heavyweights are visiting the city this week for ... ( read original story ...)