HSBC Holdings PLC will update its "transformation" plan announced a year ago on Tuesday, when the Asia-focussed lender also reports annual results. ( read original story ...)
Little Movement Expected For Hong Kong Stock Market
The Hong Kong stock market moved higher again on Friday, one session after snapping the seven-day winning streak in which it had surged more than 1,950 points or 7 percent. The Hang Seng Index now ... ( read original story ...)
Building “Future-Ready Banking” in Hong Kong
The banking industry is undergoing massive digital disruption, with online deposits, mobile apps, and digital payments fundamentally becoming the norm. In Hong Kong, dozens of aspiring digital banks ... ( read original story ...)
Hong Kong finance minister banking on green shoots of economic recovery lying in environment, sustainable development, says source
Battling an estimated deficit of up to HK$300 billion (US$38.5 billion), Financial Secretary Paul Chan Mo-po is expected to temper expectations over any cash handout, and instead focus on securing a ... ( read original story ...)
DBA at PolyU offers best in business education
The Doctor of Business Administration (DBA) programme offered by The Hong Kong Polytechnic University (PolyU) was the first of its kind in Asia and, marking its 25th anniversary this year, is ... ( read original story ...)
HSBC intensifies pivot to Asia with job moves and US exit
Alongside its annual results on Tuesday, the bank is also preparing to announce a withdrawal from consumer banking in the US after concluding it cannot turn round the struggling unit. ( read original story ...)
Paul Chan’s budget must dish up a better future for Hong Kong
After years of promising to diversify the economy and improve liveability, the government must put its money where its mouth is – especially as Hong Kong faces its biggest disruption in decades. ( read original story ...)
Coronavirus: more Hong Kong bars to close permanently as social-distancing rules leave businesses struggling to survive
Survey by industry association says 70 bars to shut for good after Lunar New Year holiday, and closures follow 140 establishments that closed last year. ( read original story ...)
Chinese investors look south to Hong Kong as outflow rules ease
Strong outflow of capital driven by China’s strong post-coronavirus recovery and greater financial opening up. ( read original story ...)
Cadre of senior HSBC executives set to relocate to Hong Kong as part of bank’s ‘pivot to Asia’, sources say
HSBC Holdings is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its centre of gravity. A cadre of senior executives is set to relocate in ... ( read original story ...)
Corporate and Investment Banking Careers in Hong Kong
One key takeaway from 2020 is that change is and continues to be the new constant, and when it comes to countries such as Hong Kong, this type of change should help create the birth of a new global ... ( read original story ...)
Why Hong Kong should not raise taxes on gambling and stock trading
Any tax review must ensure the city stays competitive: raising taxes on gambling and stock trading will only penalise excellence and drive punters underground, costing the government much-needed ... ( read original story ...)
China: Central bank conducts USD3.87b of bills in Hong Kong
China's central bank conducted 25 billion Yuan (about USD3.87 billion) worth of bills in Hong Kong on Friday, February 19. According to the People's Bank of China (PBOC), along with the ... ( read original story ...)
HSBC’s Top Executives Following the Money Prepare Moves to Asia
HSBC Holdings Plc is considering the return of some global leaders to the bank’s original hometown, reinforcing Asia’s role as its center of gravity. ( read original story ...)