Tag: finance

HSBC on Monday said first-half profits more than doubled as an ongoing restructuring and pivot to Asia continues to pay off. Reported profit before ... ( read original story ...)

Banking giant HSBC said its first half profit has more than doubled, as it benefited from an economic rebound in Britain and Hong Kong. Europe's biggest bank by assets saw pre-tax profit for the ... ( read original story ...)

HSBC is due to report financial results for the first six months of 2021. Analysts expect the Asia-focused bank to report a big jump in half-year profit from a recovering global economy and lower ... ( read original story ...)

Regulatory crackdowns strike fears in free-market believers who expect more stock losses. Hedge fund titan and China optimist Ray Dalio tells sceptics not to misinterpret them as anti-capitalist moves ... ( read original story ...)

Hong Kong-based digital bank Mox has introduced a new Buy Now, Pay Later (BNPL) service via its Mox Credit product, called “Split purchase.” Mox Credit clients are able to split their eligible or ... ( read original story ...)

From investors to businesses, stakeholders have been more optimistic since the national security law in Hong Kong took effect; -- Over the past years, Hong Kong's closer financial ties with the ... ( read original story ...)

The Bank of England’s Prudential Regulation Authority recently discarded “temporary guardrails” put in place after HSBC, Standard Chartered resumed dividends this year, opening the door for interim ... ( read original story ...)

Shoppers splurge on Rolex watches, electronics, gadgets and eating out as firing gun starts on digital vouchers spending. ( read original story ...)

One year after the introduction of the national security law in Hong Kong, the international financial hub has retained, if not enhanced, its global appeal with the restoration of a peaceful business ... ( read original story ...)

Biel Crystal Holdings Limited, the world's largest maker of smartphone screens, said it applied to raise capital in Hong Kong, reviving the initial public offering (IPO) that was scuttled three years ... ( read original story ...)

Currency deposits will continue to grow as Chinese tech companies launch IPOs in Hong Kong following tighter regulatory scrutiny on overseas listings by Beijing. ( read original story ...)

Due to the overwhelming response, the final issuance amount of this batch of Silver Bonds will increase to HK$30 billion, with most banks reporting record high subscriptions after the government ... ( read original story ...)

Hong Kong’s economy grew slightly slower than expected in the second quarter, with the recovery set to get a boost from the distribution of consumption vouchers beginning this weekend.Gross-domestic ... ( read original story ...)

Losses were seen again for both Hong Kong and mainland-listed stocks on Friday — a day after they clawed back some gains following a dive early this week. ( read original story ...)