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Posted on 12/12/2023

Hong Kong leads Asia markets higher ahead of Fed’s final meeting of 2023

Asian investors will also be watching Japan's corporate inflation rate, which is expected to have slowed to 0.1% from 0.8% in October.

Posted on 12/12/2023

JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...

Posted on 12/12/2023

More than 1 in 10 Hongkongers think it is a ‘good time’ to buy property, second highest level of optimism on record, Citi survey shows

A Citi Hong Kong survey found that 13 per cent of the respondents think it is the ideal time to buy a home, down from 16 per cent in September 2022 The survey, of 1,100 respondents, also found that ...

Posted on 12/12/2023

NSE Set to Overtake Hong Kong in Market Cap, Becoming World’s Seventh-Largest Trading Venue: Report

In October, the NSE reported a market capitalisation of $3.7 trillion, compared to Hong Kong's $3.9 trillion, reported Financial Times. While Hong Kong grapples with liquidity issues, India is ...

Posted on 12/12/2023

Hong Kong – Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025.

Hong Kong - Proposal To Enhance The Deposit Protection Scheme To Be Implemented By Early 2025. Legal News and Analysis - Hong Kong - Banking & Finance - ...

Posted on 12/12/2023

Hong Kong – HKMA’s Supervisory Policy Manual (SPM): CR-S-4 “New Share Subscription And Share Margin Financing”.

CR-S-4 “New Share Subscription And Share Margin Financing”. Legal News and Analysis - Hong Kong - Banking & Finance, Regulatory & Compliance - ...

Posted on 12/12/2023

Hong Kong’s Archireef partners with First Abu Dhabi Bank to restore marine ecosystems in the Middle East

Hong Kong marine tech start-up Archireef will partner with the Middle East’s biggest bank, First Abu Dhabi Bank (FAB), to deploy terracotta tiles that will help restore the degraded reef ecosystem off ...

Posted on 12/12/2023

Hong Kong sends ‘humiliating’ message to Chinese leadership with record low election turnout

Analysis: Just 27.5% of voters turned out for Sunday’s election, down from 71% in 2019. Experts and activists tell Shweta Sharma the people of Hong Kong are speaking out against recent autocratic refo ...

Posted on 12/12/2023

China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland

A Chinese C919 commercial passenger jet has arrived in Hong Kong in the Chinese-made aircraft's first foray outside of mainland China ...

Posted on 12/12/2023

Hong Kong leader praises election turnout as voter numbers hit record low

Hong Kong leader John Lee has praised the 27.5% voter turnout in the city’s weekend election, a record low since the territory returned to Chinese rule in 1997.

Posted on 12/12/2023

Exclusive: JPMorgan to outsource $500 bln custody business in Hong Kong, Taiwan – sources

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup , HSBC and Standard Chartered in the race for the mandate, two sources with knowledge of the matter said.

Posted on 12/12/2023

Exclusive-JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources

JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for the mandate, two sources with ...

Posted on 12/12/2023

Two Hong Kong IPOs make end-of-year listing dash

Elsewhere, lithium ion battery manufacturer REPT BATTERO will finalise on Wednesday the pricing for its Hong Kong IPO that is aiming to raise up to HK$2.4 billion ($307.48 million). The three deals ...

Posted on 12/12/2023

India overtakes Hong Kong to become the world’s seventh largest stock market

India has been a standout market this year in the Asia-Pacific region, while Hong Kong is the worst performer among the region’s major equity markets.

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