Pick up any quality media in 2022 and the reader will increasingly see three bold letters jumping from the business sections. The conspicuous E, S and G stand for “Environmental, Social and Governance ... ( read original story ...)
Hang Seng stocks drop more than 2% in mixed Asia trade amid fears of slowing growth
Japan was near the flatline to +0.02%.China -1.23%, and the Shenzhen Component dipped 1.36%.Banks in China extended ¥2.47T of new loans in September, compared with ¥1.25T in ... ( read original story ...)
Investors keep dumping Alibaba, Tencent, HSBC as Hong Kong stocks limp, Beijing hardens zero-Covid stance and UK roils global markets
Alibaba Group Holding fell 4.5 per cent to HK$72.60, and Tencent lost 2.4 per cent to HK$248.40 while HSBC slid 2.8 per cent to HK$38.60. Restaurant operator Haidilao slumped 7.3 per cent to HK$13.28, ... ( read original story ...)
BOC Hong Kong Ltd. (BHKLY) Could Find Support Soon, Here’s Why You Should Buy the Stock Now
Shares of BOC Hong Kong Ltd. (BHKLY) have been struggling lately and have lost 5.5% over the past two weeks. However, a hammer chart pattern was formed in its last trading session, which could mean ... ( read original story ...)
Sick IPO? Clifford Medical Eyes Listing Despite Huge Reliance on Single Hospital
Clifford Medical has filed for a Hong Kong IPO, even though its financials have been volatile in recent years and a single hospital contributes 94% of its revenue The company has a high debt burden du ... ( read original story ...)
Hong Kong nixes U.S. sanctions on Russian-owned superyacht
The $500-million superyacht Nord moored in Hong Kong’s harbor on Wednesday following a weeklong journey from the Russian city of Vladivostok. ( read original story ...)
HSBC expands China private banking network, adds two new branches
HSBC Global Private Banking said on Tuesday it has opened two new branches in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share of China's wealth market.The bank ... ( read original story ...)
Hang Seng slumps to sub-17,000 finish
Hong Kong stocks sank again Tuesday as traders remained spooked by central bank interest rate hikes to tame inflation, with many fearing they will ... ( read original story ...)
Hong Kong shares dive to 11-year low as China touts ‘zero COVID’
Hong Kong’s stock market has plummeted to its lowest level in more than 10 years after China doubled down on its punishing dynamic “zero COVID” pandemic strategy. The Hang Seng Index on Tuesday ... ( read original story ...)
HSBC extends Chinese private banking network to lure new digital millionaires
HONG KONG, Oct 11 (Reuters) - HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try to capture a bigger share of the ... ( read original story ...)
HSBC Expands China Private Banking Network, Launches in Two New Cities
HONG KONG (Reuters) - HSBC Global Private Banking said on Tuesday it had officially launched its business in the large Chinese cities of Chengdu and Hangzhou, in a push to capture a bigger share ... ( read original story ...)
Morgan Stanley appoints Badalia as Southeast Asia M&A head
Hong Kong-based Badalia takes over from Jonathan Pflug, who is joining U.S. investment bank Raine Group to lead its coverage in Southeast Asia, Reuters reported last month. Badalia, who has been ... ( read original story ...)
South Korea improving on inequality, Hong Kong slipping: Oxfam
South Korea, Singapore, Tajikistan and the Maldives have made some of the biggest strides in tackling inequality during the COVID-19 pandemic, while Hong Kong experienced one of the sharpest declines, ... ( read original story ...)
HSBC introduces domestic foreign currency transaction through RTGS
The Hong Kong and Shanghai Banking Corporation (HSBC) along with Bangladesh Bank has initiated foreign currency (FCY) transaction solution through real-time gross settlement (RTGS) clearing of the ... ( read original story ...)