China’s biggest lender is likely to report slower earnings growth, dragged by weak margins and fee income, according to Bloomberg Intelligence analyst Francis Chan.
Hong Kong: Closure of Cantonese language group worries residents
Cantonese is a Chinese dialect spoken by an overwhelming majority of people on the island, as well as the Guangdong province in China. Mr Chan founded the Hong Kong Language Learning Association with ...
China’s Bank of Communications to discuss changing existing mortgage rates: Report
BEIJING: China's Bank of Communications (BoCom) plans to host an internal meeting on Wednesday (Aug 30) to discuss changing rates charged on existing mortgages, financial media outlet 21jingji.com ...
Hong Kong home prices take biggest plunge of year in July, hit 6-month low as mortgage pain bites
The 1.1 per cent monthly price decline in July was the year’s biggest. A total of 2,515 second-hand units were transacted last month, the fewest since 2,512 last November, according to Midland Realty.
Chinese banks to cut existing mortgage rates as property crisis deepens
Some Chinese state-owned banks will soon lower interest rates on existing mortgages, three sources familiar with the matter said on Tuesday, as Beijing ramps up efforts to revive the debt crisis-hit ...
HSBC Buys Back Almost 4.65M Shrs for $275M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.6467 million shares in the UK and Hong Kong markets yesterday (17th), involving a total of HK$275 million.Of the... HSBC HOLDINGS ...
China Is Cracking Down on Cantonese Language Advocacy in Hong Kong
A Cantonese language advocacy group in Hong Kong stopped operations after local officials raided the family house of its chairman last week over an essay published three years ago.It’s the latest sign ...
Agricultural Bank of China issues profitability warning even as it posts higher-than-expected interim gain
Bank of China (Hong Kong) and Industrial and Commercial Bank of China, will release their interim earnings on Wednesday. ABC shares rose 2.7 per cent to close at HK$2.67 on Tuesday evening. The ...
BOC Hong Kong (Holdings) Limited (BHKLY)
Overall score is calculated based on proprietary scores based on sector averages in key company indicators: fair value, dividends, innovation, hiring, and insider sentiment. Note: if you don't see ...
Lightspeed backs Markato in its first Hong Kong investment
Venture capital firm Lightspeed, which raised $500 million under an early-stage fund for Indian and Southeast Asia last year, has invested in Hong Kong-based wholesale marketplace Markato. Lightspeed ...
Typhoon Saola: Hong Kong lashed by rain as storm edges closer with Observatory to consider issuing warning signal in next few days
Typhoon Saola centred about 500km southeast of Kaohsiung, Taiwan at 4pm Saola predicted to move at around 12km/h across Luzon Strait and come 800km of Hong Kong in next day or two This story has been made freely available as a public service to our readers.
China companies’ fundraising options narrow after IPO restrictions
China's surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market will cloud the fundraising plans of hundreds of companies and will ...
Hong Kong Financial Secretary Positive That Blockchain and Web3 Will Lead Next Digital Growth
Paul Chan Mo-po, the financial secretary for Hong Kong, has reiterated his unwavering support for blockchain technology and named it as the forthcoming driver for "breakthrough growth" in the digital ...
Hong Kong charity concert by lawmakers cancelled after row over lavish banquet for civil servant
Charity concert organised to showcase singing talents of lawmakers called off by organisers Lawmaker Reverend Peter Koon admits controversy over leaving dinner for mid-level civil servant influenced decision to axe concert A Hong Kong charity concert expected to showcase the singing talents of government officials and about a dozen lawmakers has been called off ...