A study rating perennial rivals Hong Kong and Singapore as business hubs gives the overall edge to Hong Kong thanks to factors such as its financial prowess and talent pool, while pointing out ...
Qantas’ Hong Kong Lounge Reopens as International Flights Return
Qantas Airways Ltd.’s premium lounge at Hong Kong airport reopened Wednesday after a three-year closure, a further sign the city is gradually returning as an international travel hub after the ...
Hong Kong interbank rates jump ahead of Fed
The three-month Hong Kong Interbank Offered Rate (HIBOR) jumped 18.9 basis points (bps) to 3.89929%, its sharpest one-day leap in nearly two years. One-month HIBOR rose more than 14 bps to 3.55333%, ...
China will not rest until HSBC heads home
IF a bank can have a personality, then HSBC’s is split. There’s the head office in London’s Canary Wharf. And on the other side of the world, in Hong Kong, there is a tower known as “HSBC Main ...
Analysts charmed by HSBC’s earnings push stock price outlook to the most bullish since July 2019
Analysts have raised their consensus price target for HSBC stock to the highest level since July 2019, spurred by gains in its first-quarter performance.
Hong Kong holds edge over Singapore as business hub amid talent war, as narrower office-rent gap tightens race: research
CBRE report gives the overall edge to Hong Kong thanks to factors such as its financial prowess and talent pool Singapore maintains an advantage in technology, as well as ESG initiatives and green ...
Hong Kong and U.S. economic cycles are no longer in sync, economist says
Iris Pang of ING says Hong Kong's interest rates have stayed modest even though the U.S. Federal Reserve has increased rates "tremendously." ...
Hong Kong homeowners cutting prices drastically even as secondary property market continues to climb
Homeowners have cut the asking prices of 1,763 homes out of the 22,352 units listed for sale on Ricacorp Properties' website A homeowner at Casa Marina II in Tai Po sold the unit after reducing the ...
Hong Kong brokerage Solowin files for proposed $17M US IPO
Hong Kong brokerage Solowin Holdings (SWIN) has filed to raise around $17M through a US initial public offering. Solowin didn't disclose terms in its filing, but indicated in its fee schedule that it ...
Hong Kong garment supplier Majestic Ideal files for $11M US IPO
Hong Kong-based Majestic Ideal Holdings (MJID), a provider of supply chain management services for the apparel industry, has filed for an $11M US IPO. Read more here.
Alibaba, HSBC lead sell-off as US banking crisis infects Hong Kong stocks before likely rate increase
Local stocks slide as another bout of banking crisis in the US unsettles investors. Traders are also considering the fallout from another likely round of monetary policy tightening this week.
Hong Kong analysts expect one last Fed rate increase in 2023, but are divided if HSBC and peers will raise prime rates
Twelve analysts surveyed by the Post expect the Fed to raise its key rate this week, with most agreeing it would likely be the last increase in the current cycle They are equally divided if HSBC, ...
Zonos and Floship Collaborate to Bring Cross-border Technologies and Services to Ecommerce Merchants
Floship and Zonos announced today that they have partnered to provide the logistics industry's most comprehensive ecommerce fulfillment solution that incorporates the presentation, payment, and ...
Hong Kong to cut elected council seats in blow to democracy
Hong Kong’s leader on Tuesday stepped up a campaign to shut down further democratic challenges by unveiling plans to eliminate most directly elected seats on local district ...