NAB will close its Hong Kong operations in the first half of 2025, as part of a restructuring of its markets business and a reshaping of its regional strategy.
No Help Yet For Oversold Hang Seng
The Hong Kong stock market has moved lower in seven straight sessions, tumbling more than 835 points or 4.7 percent along the way.
Hong Kong Shuts Schools as Heavy Rain Inundates Finance Hub
Hong Kong closed schools and braced for potential flooding as torrential downpours swept through the finance hub, which has experienced repeated bouts of extreme weather this month.Most Read from Bloo ...
National Australia Bank Will Shut Its Hong Kong Office
National Australia Bank Ltd. is planning to close its Hong Kong office and consolidate operations into mainland China, Singapore and Japan.
UPDATE 1-Australian lender NAB to close Hong Kong office
National Australia Bank (NAB) said on Thursday it would shut its Hong Kong branch, as offices in Singapore, Tokyo and Shanghai were its preferred customer outreach hubs in Asia.
Best’s Commentary: Hong Kong 1-in-500-Year Flood Likely to Have Earnings Impact on Insurers
The recent devastating flooding following Super Typhoon Saola in Hong Kong and other parts of China may further pressure upcoming reinsurance renewals ...
Hong Kong shuts schools as it issues heavy rain warning
Hong Kong closed schools on Thursday after authorities issued the second-highest rain signal and warned of extensive flooding, just days after the Asian financial hub was drenched by the heaviest rain ...
Tencent-Backed Tuhu Car Plans Hong Kong IPO
Tencent-backed Tuhu Car plans to raise up to $160.89 million through an initial public offering in Hong Kong.
Common law system remains Hong Kong’s most important asset
Speakers at the Belt and Road Summit - including Vice-Premier Ding Xuexiang - all said the same thing: that the city's success rests on the rule of law China's Belt and Road Initiative may link dozens ...
SWIFT adds Hong Kong and Kazakhstan national banks to CBDC interoperability beta experiment
SWIFT will be initiating a test with Hong Kong, Kazakhstan and another unnamed central bank for CBDC interoperability. Additionally, a second phase of sandbox testing for exploring additional use ...
Ex-Goldman Banker Uses Big Data to Beat Biotech’s Long Odds
As the former head of health banking for China at Goldman Sachs Group Inc., she was well aware of the staggering odds biotechnology companies face when she started her own venture fund in 2015. Only ...
Tencent-Backed Tuhu Car Plans to Raise Up to HK$1.26B in Hong Kong IPO
By P.R. Venkat Tencent-backed Tuhu Car plans to raise up to 1.26 billion Hong Kong dollars ($160.89 million) through an initial public offering in Hong ...
Hong Kong developer Sino Land wins Kai Tak land tender with a US$676 million bid, a nine year-low, beating a crowded field of rivals
Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong’s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic ...
BOC Hong Kong (Holdings) Limited goes ex dividend tomorrow
Limited (OTCPK:BHKLY) had declared $1.323/share semi-annual dividend Payable Oct. 6; for shareholders of record Sept. 14; ex-div Sept. 13. See BHKLY Dividend Scorecard, Yield Chart, & Dividend Growth.