With the U.S. yield curve coming close to inverting, so is Hong Kong’s thanks to its currency peg to the dollar. That signals more downside for the benchmark Hang Seng Index, which fell into a bear ma... ( read original story ...)
Hong Kong Should Cut Stock-Trading Taxes
(Bloomberg Opinion) -- The Hong Kong Stock Exchange is poised to lead the world in IPOs. In the past eight months, the city hosted 132 initial offerings to raise a total of $23.8 billion, surpassing t... ( read original story ...)
Hong Kong will take a huge step towards smart banking this week with introduction of no cost, immediate interbank fund transfers
A new payment system that will allow free real-time fund transfers among platforms such as PayMe, Alipay and WeChat Pay will be launched as scheduled on Monday, according to the Hong Kong Monetary Aut... ( read original story ...)
HSBC and Grey Hong Kong present: Innovative Business Exchange
HONG KONG – In the age of innovation, businesses in Hong Kong look to thrive through the changes and stay ahead of the trend. That’s why we strive to push the innovation boundary together with our cus... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) Plunges into Bear Market
Hong Kong’s stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China’s slowing economy, and individual stocks pushed the city’s benchmark Hang Seng Index (HSI) int... ( read original story ...)
Chatbots helping pull Hong Kong insurers into the digital world. Just don’t ask them for sympathy
Since then, it has responded to 10,000 inquires for clients at BOC Life’s corporate website, Facebook page or WeChat account. Other Hong Kong insurers are starting to jump in to surf the insurtech wav... ( read original story ...)
Hong Kong, southern China mop up after super typhoon
SHANGHAI (Reuters) - The financial hub of Hong Kong began clearing up on Monday after being battered by one of the strongest typhoons in recent years, with financial markets and offices operating as n... ( read original story ...)
Typhoon Mangkhut Moves Into Mainland China After Lashing Hong Kong
Typhoon Mangkhut began weakening after it made landfall in China and left Hong Kong with roads blocked, buildings damaged and low-lying areas flooded. The death toll in the Philippines rose to ... ( read original story ...)
Point72 Hong Kong Ltd Reduces Stake in CNO Financial Group Inc (CNO)
Complete the form below to receive the latest headlines and analysts' recommendations for CNO Financial Group with our free daily email newsletter: Point72 Hong Kong Ltd lowered its position in shares ... ( read original story ...)
Hong Kong’s top athletes deserve a pay rise, says Sports Institute chairman
A senior Hong Kong sports official has appealed to the government for more financial aid after the city’s golden success at the recent Asian Games in Jakarta. Sports Institute chairman Lam Tai-fai sai... ( read original story ...)
Shanghai-owned Greenland to emerge as the white knight in Hsin Chong’s financial woes
The discussion could mean a much-needed lifeline for Hsin Chong Group, which has been suspended from trading its stock on the Hong Kong exchange since April 2017 due to its financial woes. The 79-year ... ( read original story ...)
Here’s why Singapore can’t beat Hong Kong’s financial centre ratings
Its ratings jumped four points to 796, whilst Hong Kong's jumped two points to 783. Singapore maintained its position in the top four financial centres of the world and raised its overall rating (769) ... ( read original story ...)
Hong Kong raises typhoon alert to highest level as typhoon Mangkhut approaches
Hong Kong authorities lifted the storm alert to its highest level on Sunday as typhoon Mangkhut was fast approaching, bringing the city to a standstill as residents prepared for the threat of heavy ra... ( read original story ...)
Hong Kong Gets Its First Online Life Insurer
An online-only life insurance company backed by Tencent Holdings Ltd. said it has started selling products in Hong Kong, marking another step in the social media and gaming giant's strategy to expand ... ( read original story ...)