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Tag: finance

Posted on 08/06/2025

FS welcomes opening of RedNote’s Hong Kong office

Financial Secretary Paul Chan on Sunday welcomed social media giant RedNote's move to open up an office in Hong Kong, its first outside the ...

Posted on 08/06/2025

{I-bank focus}HSBC raises BOC Hong Kong (02388) to HKD38.1

ET Net News Agency, 29 May 2025] HSBC Global Research raised the target price for BOC Hong Kong (02388) to HKD38.1 from HKD36.1 and maintained the "buy" rating. The research hous ...

Posted on 08/06/2025

30 Sanctioned in One Blow! U.S. Cracks Down on Iran’s UAE-Hongkong Shadow Banking Network

The United States has launched a new wave of sanctions targeting a secret financial network that helps Iran move billions of dollars around the world. This system, often called a “shadow banking” ...

Posted on 07/06/2025

China to explore selling seized crypto on Hong Kong exchanges

China has announced plans to sell seized digital assets through licensed exchanges in Hong Kong. The initiative is in collaboration with the China Beijing Equity Exchange (CBEX) to manage digital ...

Posted on 07/06/2025

Why Hong Kong is China’s undisputed hub for global finance, at Shanghai’s expense

Despite calling the two cities twin engines for finance, Beijing’s actions favour Hong Kong as China’s one true global funding hub.

Posted on 07/06/2025

US hits Hong Kong and UAE firms with new round of Iran-related sanctions

Announcement comes after Trump-Xi phone call and amid Washington's efforts to make headway on a nuclear deal with Tehran The United States unveiled another round of sanctions targeting 10 individuals ...

Posted on 07/06/2025

Hong Kong approves land grants to beleaguered Urban Renewal Authority in rare move

Statutory body handed Hung Hom and Tseung Kwan O sites to support redevelopment projects, with a condition to review its financing model.

Posted on 07/06/2025

Hong Kong bankers anxious as New World Development seeks $11.2 billion refinancing

Financial circles in Hong Kong are experiencing heightened tension as New World Development Co. races against time to secure a HK$87.5 billion ($11.2 billion) refinancing package before the end of the ...

Posted on 06/06/2025

Asian stocks end mixed: Hang Seng snaps winning streak, Nikkei jumps 0.5%

Asian equity markets closed mixed on Friday in a subdued trading session, with investors weighing the latest developments in US-China relations and bracing for key economic data from the US later in ...

Posted on 06/06/2025

Hong Kong To Maintain Openness And Global Connectivity Amid Trade Conflicts

Hong Kong wants to grasp the opportunities resulting from ongoing trade tensions, the city’s Financial Secretary Paul Chan said at a S&P Global Market Intelligence roadshow.

Posted on 06/06/2025

HK to include renminbi counters in Southbound Connect

Financial Secretary Paul Chan on Friday reiterated that Hong Kong is speeding up the inclusion of renminbi counters in the Southbound Stock Connect ...

Posted on 06/06/2025

Hong Kong shareholder Oasis to push Toyota Motor to raise bid for Toyota Industries

Hong Kong-based Oasis Management, a shareholder in both Toyota Motor and Toyota Industries , will push for the Japanese automaker to make a higher offer to take Toyota Industries private, its chief ...

Posted on 06/06/2025

IFF 2nd Sci-tech Finance Dialogue: Deep Hubei-Hong Kong Collaboration Forges New Tech-Finance Ecosystem

With the theme of "Collaboration and Connectivity Between Hubei and Hong Kong," the summit co-hosted by the IFF Sci-tech Finance Committee and Wuhan Institute of Industrial Innovation and Development ...

Posted on 06/06/2025

HSBC Chair Tucker to return to Asia insurer AIA after overseeing bank overhaul

HSBC Holdings' high-profile Chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having presided over top management changes and navigated Sino-U.S.

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