Lin called for the faster creation of a cross-border credit cooperation system under the Greater Bay Area framework, with the People’s Bank of China’s credit reporting center and Hong Kong regulators ...
Hong Kong firms pick Saudi Arabia over mainland China for expansion: HSBC survey
Nearly 20 per cent of Hong Kong businesses preferred Saudi Arabia for supply chain diversification, followed by China at 14 per cent.
Hong Kong lenders tread carefully amid mixed recovery signs, TransUnion says
Following the recent rate cut, Hong Kong lenders are cautiously easing household lending as they navigate a recovery that remains uneven and filled with mixed signals, according to credit reference ...
Hong Kong bank staff among 32 arrested in HK$140 million loan scam case
Operation between anti-corruption agency and police uncovers network exploiting pandemic-era small and medium-sized enterprise loan scheme.
China’s central bank to sell bills worth 45 billion yuan in Hong Kong
China's central bank said on Thursday it will sell 45 billion yuan ($6.33 billion) worth of yuan-denominated bills in Hong Kong on 24.
Hong Kong-listed shares of CATL sink 8% as lockup expiry triggers profit-taking
CATL’s Hong Kong shares slid over 8% as early investors were freed to sell roughly 77.5 million previously locked-up shares.
Hong Kong stock rally meets HK$193.8 billion lockup test ahead
The 28 companies facing upcoming lockup expirations have seen their so-called H-shares in Hong Kong climb an average of 95 per cent since listing, Bloomberg-compiled data shows. TransThera Sciences ...
Hong Kong’s fourth local chikungunya case unrelated to past 3: health officials
Centre for Health Protection says source of fourth city-based case’s infection genetically distinct from past imported, locally acquired cases.
Hong Kong Signals Deep Property Slump
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Hong Kong Interbank Offered Rate (HIBOR) Sees Decline: Key Insights
HIBOR represents the interest rate at which banks lend to one another in Hong Kong. It is a critical benchmark for various financial products, including mortgages, loans, and bonds. The recent figures ...
HSBC to roll out tokenised deposits in UAE next year
HSBC Holdings reportedly plans to introduce bank deposits issued and managed on a blockchain for its corporate clients in the UAE and the US in the first half of next year. The bank already offers ...
HSBC to bring tokenized deposits to US and UAE as stablecoin race heats up
Global megabank HSBC is doubling down on tokenization over stablecoins as global banks rush to keep pace in the stablecoin race. HSBC Holdings will start offering tokenized deposits to its corporate ...
China ‘cements global AI leadership’ as Hong Kong builds niche as innovation hub
Beijing’s state-led strategy is among governance models shaping AI competitiveness worldwide, think tank Deep Knowledge Group says.
At McKinsey, Widespread Furor Over Work With Planet’s Biggest Polluters
A letter signed by more than 1,100 employees has called for change at the consulting firm, which has advised at least 43 of the 100 most environmentally damaging companies. A flame burns at an oil ...