Tag: finance

New bank lending in China more ... touching a six-month high. ** Hang Seng Finance Index rose nearly 1%, with insurer Ping An and China Life up more than 3% each. ** Mainland property firms listed in ... ( read original story ...)

(Bloomberg) -- Hong Kong is doubling down on a Covid-Zero strategy that has failed almost everywhere else, battering its economy and threatening its status as an international financial center just as ... ( read original story ...)

Rating Action: Moody's assigns Aa3 rating to green bonds to be issued by Bank of China (Hong Kong) LimitedGlobal Credit Research - 10 Feb 2022Hong Kong, February 10, 2022 -- Moody's Investors ... ( read original story ...)

Hong Kong's leader, Carrie Lam, has said she is deeply sorry and anxious about long queues at coronavirus testing centres and isolation facilities after a record number of new cases left authorities ... ( read original story ...)

Stocks erased losses to retake a three-week high as Chinese developers rallied on hopes of further policy loosening. Alibaba rebounded for a second day, recouping the bulk of losses since its February ... ( read original story ...)

with some experts saying prolonged restrictions of this nature could threaten the city's status as an Asian financial hub and drive smaller local businesses to ruin. However, officials are doubling ... ( read original story ...)

Several of Hong Kong’s biggest brokers and banks have shut their branches, as the financial hub hunkers down for the toughest social-distancing rules yet to combat a fresh wave of Covid-19 outbreaks ... ( read original story ...)

(RTTNews) - The Hong Kong stock market rebounded strongly on Wednesday ... provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of ... ( read original story ...)

The global financial hub had been able to keep the coronavirus pandemic ... Vaccination rates are rising sharply among the elderly in Hong Kong, lifting from a relatively low base as an omicron-fueled ... ( read original story ...)

HSBC and banking peers fall as Hong Kong recorded the biggest surge in infections since the onset of pandemic WuXi Biologics falls for a third day, bringing the slump to 26 per cent as investor dump ... ( read original story ...)

HSBC’s head of global private banking in China, Jackie Mau, explains the lender’s onshore ambitions, the future of Wealth Connect, plans for new offices and how and why China differs from other ... ( read original story ...)

HSBC’s plans cut against a broader streamlining of its global banking and markets arm, whose risk-weighted assets have been steadily reduced and shifted from the U.S. to the U.K. and Hong Kong as part ... ( read original story ...)

Its system of quarantine is under tremendous pressure as infections spread like wildfire.  . Read more at straitstimes.com. ( read original story ...)

Shares in Asia-Pacific rose on Wednesday. The Hang Seng index in Hong Kong soared 2.06% to close at 24,829 as Chinese tech stocks bounced back from their Tuesday losses. Shares of SoftBank Group ... ( read original story ...)