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Tag: finance

Posted on 10/05/2025

{Block Trade}BOC HONG KONG: 1.16m shares, or HK$37.61m

ET Net News Agency, 9 May 2025] A direct manual trade of 1.16 million shares of BOC HONG KONG (02388) was registered at 10:51a.m. The deal amounted to HK$37.61m, or at HK$32.475 ...

Posted on 10/05/2025

Hong Kong and EU find common ground, but with a striking difference

Finance chief Paul Chan says opportunities with EU are ‘far reaching’, while EU envoy stresses bloc will uphold ‘universal values’.

Posted on 09/05/2025

More Hong Kong IPO hopefuls emerge as sentiment draws global investors

SAIC Mobility unveiled its plans on Friday; others like Mirxes, Insilico and CiDi revive their applications, according to exchange filings.

Posted on 09/05/2025

Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Hibor-linked mortgage borrowers will save about US$40 per month after the one-month interbank rate fell by almost 1 percentage point.

Posted on 08/05/2025

Why Hong Kong’s interbank rate at 30-month low is a relief for homeowners, companies

Hibor-linked mortgage borrowers will save about US$40 per month after the one-month interbank rate fell by almost 1 percentage point.

Posted on 08/05/2025

Cargo business of Hong Kong’s Cathay ‘set for sharp decline amid Trump tariffs’

HSBC research report also says Hong Kong flag carrier’s full-year profits could be cushioned by lower jet fuel costs.

Posted on 08/05/2025

Local lenders keep interest rates unchanged

Leading local banks including HSBC, Bank of China (Hong Kong) and Standard Chartered on Thursday kept their prime lending rates steady after an ...

Posted on 08/05/2025

Hong Kong IPOs outshine broader market spurred by inflows from global, Chinese funds

The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.

Posted on 08/05/2025

BOC HONG KONG Keeps HKD Prime Rate Unchanged at 5.25%

BOC HONG KONG (02388.HK) announced that it will maintain the HKD Prime Rate and HKD savings deposit rate unchanged at 5.25% p.a. and 0.25% p.a., respectively. Related News HSBC Re ...

Posted on 08/05/2025

‘From A to H’: CATL’s Hong Kong IPO opens gates to mainland firms’ stock sales in the city

A-share firms have applied to sell shares in Hong Kong this year, surpassing last year’s 16, according to exchange data.

Posted on 08/05/2025

CATL to open floodgates for mainland-listed firms seeking share sales in Hong Kong

A-share firms have applied to sell shares in Hong Kong this year, surpassing last year's 16, according to exchange data Mainland China-listed firms are flocking to Hong Kong for new share offerings, ...

Posted on 08/05/2025

Hong Kong’s Ocean Empire congee chain shuts down all restaurants after 33 years

A popular 33-year-old congee restaurant chain has announced the closure of all its locations due to worsening operating and financial conditions, joining a growing wave of shop shutdowns in Hong Kong.

Posted on 08/05/2025

Asia-Pacific stocks mostly climb as China lays out plans to ease policy

Elsewhere, markets in the region were mostly higher after reports that key U.S. trade officials are set to meet with their Chinese counterparts this week.

Posted on 08/05/2025

HSBC’s subsidiary approved as first captive insurer in Hong Kong

The government imposed a 50% tax concession for local captive insurers. The Hong Kong Insurance Authority (IA) has authorised Wayfoong (Asia) Limited, a wholly-owned subsidiary of the HSBC Group, as ...

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