Within this, green sukuk are a practical tool: Saudi PIF and leading UAE issuers have utilized the format, and global green and sustainability sukuk continued to grow in 2024, while Hong Kong’s ...
Hong Kong Stablecoin Forum Focuses on Payment Innovation – Fopay’s “Three-Pillar” Solution Leads Industry Trends
With the formal enactment of the Hong Kong Stablecoin Ordinance, new momentum has been injected into the development of digital financial technology. The 'Stablecoin Innovation Forum: Exploring the ...
Hong Kong stocks rise over 2%, nearing 4-year peak, led by tech rally
The Hang Seng Tech index rose 3.11%, with strong moves seen in Nio, which gained 13.64% and ASMPT, which increased by 6.74%.
HSBC rolls out cheaper fixed-rate mortgage plan as hopes rise for a Fed cut in September
Borrowers of the HSBC new fixed mortgage plan will save HK$2,093 (US$268) per month, 9 per cent below Hibor-linked mortgages.
Chinese property giant Evergrande delisted from Hong Kong stock market
Chinese property giant Evergrande delisted from Hong Kong stock market - China Evergrande’s delisting closes a chapter in country’s unprecedented property crisis ...
Hang Seng Bank Unveils Newly Renovated Hong Kong Main Branch with the …
Hang Seng Bank ('Hang Seng') today (18 November 2024) unveiled the newly renovated Hong Kong Main Branch in Central with the launch of Future Banking 2.0 – a bold transformation that seamlessly ...
HSBC Executes Significant Share Buy-Back Program
The latest announcement is out from HSBC Holdings ( (GB:HSBA) ).
Hong Kong developers face $7.1 billion debt wall as bond maturities surge
Hong Kong’s debt-laden developers and their creditors are set to face intensifying financial pressure as bond maturities are slated to jump by nearly 70 per cent next year amid falling sales and ...
Hong Kong’s commerce chief to visit Singapore to bolster trade ties
Algernon Yau says Singapore 'a friend rather than a rival' ahead of trip to mark 30th anniversary of economic and trade office in city state Hong Kong's commerce and economic development chief will ...
HKSAR leverages ‘super-connector’ role with Middle East: financial chief
Hong Kong's pivotal role as a "super-connector" and "super value-adder" could be fully leveraged with the Middle East, as China is actively promoting enhanced cooperation with Global South countries, ...
Hong Kong denies visa to Bloomberg journalist, renewing fears of eroding press freedoms
Rebecca Choong Wilkins was not given a reason why her routine visa renewal was rejected after six years in the region ...
For Hong Kong regulator, HSBC presents major challenges
HSBC's $2.6 trillion balance sheet is nearly eight times the size of Hong Kong's economic output. So the HKMA would have to scale up its regulatory operations, analysts and regulatory experts said.
Hong Kong’s ‘low-rate honeymoon’ ends as HKMA’s dollar-peg defence raises Hibor
Monetary authority’s successful defence of the US-dollar peg raises loan rates, putting pressure on borrowers and the property market.
Saudi Super Cup prompts Hong Kong’s Paul Chan to press on with Riyadh trade office
Hong Kong finance chief Paul Chan pledges to speed up plans to establish a trade office in the Saudi Arabian capital.