Under a Sino-British accord, Hong Kong kept its legal system, currency and civic freedoms, famously guaranteed for 50 years under the "one country, two systems" formulation. The city is a major global ... ( read original story ...)
Hong Kong journalists’ club in free speech dispute
which has often hosted talks by Chinese and Hong Kong officials, as well as dissidents, and has among its members many journalists from international media organisations, including the Financial Times ... ( read original story ...)
Hong Kong’s economic prospects darken on rising rates, US-China trade worries
Finance and real estate are major sectors in Hong Kong's estimated $340 billion economy. Close economic and business ties with China will also have a huge impact on its economic outlook, especially si... ( read original story ...)
Asia equities mixed as China, Hong Kong stocks drop
But Hong Kong’s Hand Seng fell 0.7 per cent as financials dropped 0.3 per cent and technology stocks shed 2.5 per cent, while the CSI 300 index of major Shanghai and Shenzhen-listed stocks fell 0.5 pe... ( read original story ...)
Hong Kong banks prepare to release new note series
All three of Hong Kong’s banks will be issuing new $500 and $1,000 notes this year. The Standard Chartered Bank’s $500 note is shown here. Original images courtesy of Hong Kong Monetary Authority. The ... ( read original story ...)
Hong Kong helps banks develop innovative and convenient services
Open APIs, in this context, refer to APIs that allow third-party access to systems belonging to a bank, while ensuring adequate security and consumer protection measures. Hong Kong, however, seemed to ... ( read original story ...)
HKMA guidelines on smart banking to help Hong Kong bridge the gap on innovative services with other markets
Hong Kong lags behind other developed markets in allowing banks to work with third party service providers to deliver a “smart banking experience” but the Hong Kong Monetary Authority’s latest guideli... ( read original story ...)
The new hot jobs at HSBC in Asia as region’s profit share reaches 87%
HSBC’s results for the first half of 2018 lay bare the extent of the bank’s reliance on Asia. Led by Hong Kong, the region generated 87.6% of its pre-tax profits. Europe, by contrast, contributed 1%. ... ( read original story ...)
China Tower in muted Hong Kong debut for world’s largest IPO in two years
HONG KONG (Reuters) - China Tower Corp Ltd's shares were little changed on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the wo... ( read original story ...)
Hong Kong banks hike mortgage rate, end cheap money era
Home prices in Hong Kong have surged nearly three-fold since 2008, propelled by a supply shortage, cheap financing and big flows of money from Chinese investors. HSBC Holdings, Bank of China (Hong Kon... ( read original story ...)
Hong Kong’s IPO Takeoff Is Running Out of Runway
Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter. ( read original story ...)
HSBC to pay $765m US fine over crisis-era conduct
Britain's Asia-focused bank HSBC on Monday revealed a $765-million US fine over the lender's actions in the run-up to the subprime crisis, as it also logged rising first-half profits. HSBC said it has ... ( read original story ...)
Banking on Central value
meaning the future property will worth HK$50 billion. Prices of Central offices have been soaring since the auction of the Murray Road car park opposite Hutchison House. I was earlier at the Bank of C... ( read original story ...)
China Tower joins growing list of subdued Hong Kong IPO debuts
HONG KONG (Reuters) - China Tower Corp Ltd’s (0788.HK) shares closed flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions dragging on investor sentiment toward the w... ( read original story ...)