HSBC HOLDINGS (00005.HK) is set to inject USD4 billion into its private credit funds, according to Reuters. The bank revealed that it would invest the cash into HSBC Asset Management's alternative ...
Hong Kong lawmakers support MPF change to make accounts fully portable
Letting members move their full portfolios to new providers would promote proactive management and competition, official says.
Hong Kong property firm New World’s securities tumble after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments on its perpetual bonds, increasing concerns about ...
Hong Kong’s New World sees its shares and bonds slide after coupon payments deferred
New World Development, a major Hong Kong property developer, saw its shares and bonds tumble on Monday after announcing it would defer coupon payments scheduled for June on its perpetual bonds, ...
New World’s Distress Worsens After Shock Delay on Bond Interest
Hong Kong developer New World Development Co. is sliding deeper into distress after jolting investors by delaying interest payments on some bonds, marking the latest flashpoint in a years-long crisis ...
New World Development’s Shares Tumble After It Defers Interest Payments
Shares of Hong Kong property developer New World Development tumbled after it said late Friday that it plans to defer interest payments on four of its perpetual securities. Its shares fell 7.5% to ...
Visa launches Click to Pay in Hong Kong with ZA Bank, the first issuing bank in Asia Pacific
Visa, a global leader in digital payments, today announced a significant advancement that will transform the eCommerce experience. Hong Kong's first and ...
Hong Kong activist challenges China’s Tiananmen taboo from exile in Taiwan
Fu Tong and his wife Elaine To were among the first demonstrators in Hong Kong to be charged with rioting in 2020 after pro-democracy and anti-China protests started in 2019 in the former British ...
Hong Kong to stick with 2% to 3% growth goal despite strong first quarter: Chan
Financial Secretary Paul Chan says stronger-than-expected 3.1 per cent growth year on year in first quarter ‘exception’ rather than norm.
Hong Kong stocks sink by the most in 2 months as US-China trade tensions rise again
Investors pare bets after Trump says China violated tariffs deal; Beijing says it will take strong measures to safeguard its legitimate rights.
New World Development drops after company to defer coupon payments
HONG KONG (Reuters) -Shares of New World Development dropped as much as 9.8% after the Hong Kong property developer said it would defer coupon payments scheduled for June on perpetual bonds, casting ...
HSBC HOLDINGS Repurchases Total ~4.6M Shrs Last Fri, Involving HKD424M
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 4.5979 million shares in the UK and Hong Kong markets last Friday (May 30), involving a total of HKD424 million. Among them, HSBC ...
Stephen Roach Now Says It’s Too Early to Declare Hong Kong Over
Stephen Roach is revising his declaration that Hong Kong is finished. The former Morgan Stanley Asia chairman said the city is being reinvigorated by US-China tensions, something he didn’t anticipate ...
China robotaxis, Indian pharma among hedge fund top picks at Sohn Hong Kong
Hedge funds revealed their top investment ideas, ranging from Chinese self-driving taxis, an Indian drug retailer, to a Korean nuclear plant builder, at the annual Sohn investment conference in Hong ...