U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.
Hong Kong’s US-dollar peg a key success factor and will stay: John Lee
City leader also says Hong Kong's status as yuan offshore centre to be enhanced, while stablecoins are part of 'blue oceans' growth strategy Hong Kong will maintain its currency's peg to the US dollar ...
Hong Kong’s leader says to maintain US dollar peg, despite geopolitical tensions
Hong Kong will maintain its currency peg to the U.S. dollar, the financial hub's leader said in an interview published on Monday, despite escalating geopolitical tensions and some calls to shift to a ...
‘It’s tough’: 30 Hong Kong workers complain as King Parrot Group debt hits HK$5 million
More than 30 of about 120 employees affected by the sudden closure of nine restaurants operated by a giant Hong Kong catering group have sought help from labour authorities, with a representative ...
National and commercial interests must go together, John Lee tells Hong Kong businesses
Chief executive outlines stance amid controversy over CK Hutchison's deal to sell overseas ports to consortium led by US investment giant BlackRock Hong Kong businesses must consider national ...
Hong Kong rate slump is a warning light for global markets
Donald Trump’s gyrations on trade policy have not broken global financial markets just yet — but what is happening in Hong Kong shows they are feeling the strain. The reason zero interest rates in ...
Hong Kong’s stablecoin law opens floodgates for a boom in digital assets
Investors are increasingly interested in stablecoins, which are digital tokens pegged to a reference asset like a fiat currency.
Hong Kong restaurant chain King Parrot Group suspected to have ceased all operations after 33 years in business
The unions said the group has only settled the outstanding salaries for May to June for affected employees, while other entitlements remain unaddressed.
{Hot Stocks}BOC HONG KONG(02388) quoted at HK$34.15, up 1.5%
[ET Net News Agency, 6 June 2025] BOC HONG KONG (02388) rose 1.5% to HK$34.15. It hits an intra-day high of HK$34.15, hitting a historical high, and an intra-day low of HK$33.6. The total shares ...
HSBC to grow investment bank to serve IPO demand from Asia and Middle East start-ups
The bank said it would restructure to focus on high-return areas like Hong Kong and India, as well as exit low-profitability markets like Europe and the US HSBC will expand its investment banking ...
John Lee keeps a level head in the face of multiple challenges in Hong Kong
Hong Kong leader is keeping his eye on the ball as economic uncertainties and geopolitical tensions rattle confidence around the world Economic volatility and geopolitical tensions are hurting ...
Hong Kong Sets August 1 Start Date for Stablecoin Licensing Regime
Hong Kong will implement its new Stablecoins Ordinance on August 1, formalizing the city’s regulatory framework for stablecoin-related activities and ...
HSBC approaches former McKinsey boss Sneader on chair role – Sky News
However, Sky noted: "One insider suggested the circumstances of Mr Sneader's exit from McKinsey, as well as the fact he has little experience running or chairing London-listed businesses, could weigh ...
BOC Hong Kong Holdings Ltd (BOF.SG)
Here is how Assurant (AIZ) and BOC Hong Kong Ltd. (BHKLY) have performed compared to their sector so far this year. If you are looking for stocks that are well positioned to maintain their recent ...