Georges Elhedery, who will become CEO at HSBC HOLDINGS (00005.HK) on 2 September, is considering trimming his middle management, following similar moves by Citigroup (C.US) and STANCHART (02888.HK), ...
Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market
Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.
GBSN to trial Bill of Lading tokenisation in Hong Kong
Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable growth in global trade with its data infrastructure and ecosystem of ...
HSBC HOLDINGS (00005.HK) Buys Back ~6.38M Shrs for $434M Ytd
HSBC HOLDINGS (00005.HK) announced that it repurchased a total of 6.3776 million shares in the UK and Hong Kong markets, involving a total of $434 million. Among them, HSBC HOLDINGS purchased 2.5944 ...
Betting on Chinese demand, Hong Kong developers turn to rental market
Some Hong Kong developers are now turning to housing rental and the leasing market to weather a prolonged downturn in its property market and to serve surging rental demand from mainland Chinese ...
Hong Kong police arrest 12 in crackdown on HK$250 million illegal gambling ring
Cambodia-based bookmaking syndicate used a flat in Tseung Kwan O as its operational centre in Hong Kong, insider says Hong Kong police have arrested 12 people in a crackdown on an international ...
How I became one of the first women in the Hong Kong civil service – via Oxford University
Retired civil servant Rachel Cartland tells Kate Whitehead about being one of few women in the Hong Kong government in the 1970s, experiences remembered the memoir Paper Tigress My roots are in rural ...
HSBC share price: 7% dividend yield and new CEO are catalysts
The HSBC share price has done well recently as investors wait for more changes when the new CEO starts working next week.
Hong Kong Stock Market Has Flat Lead For Wednesday’s Trade
The Hong Kong stock market has finished higher in two sessions, gathering more than 260 points or 1.5 percent along the way. The Hang ...
What’s at stake as 2 Hong Kong journalists await a verdict in their sedition trial?
Two journalists who led a now-shuttered Hong Kong online news outlet will hear a verdict in their sedition case on Thursday, in a trial that’s seen as an indicator for press freedom in the ...
Hong Kong must rise to critical reform role bestowed by Beijing
Throughout the more than 45 years of China’s era of opening up and reform, Hong Kong has had a central role to play, thanks to its free economy, sophisticated financial markets and common law system.
Bank of East Asia logs HK$2.1b profit for H1
Bank of East Asia (BEA) saw its profit attributable to owners of the parent decline 19.9% year-in-year (YoY) to $269.28m (HK$2.1b) in the first six months of 2024, the bank’s interim results showed.
Duality plans Hong Kong IPO to fund trials of BioNTech-partnered ADCs and beyond
China’s Duality Biotherapeutics has filed (PDF) paperwork for a Hong Kong IPO, seeking an undisclosed sum to power a broad pipeline of antibody-drug conjugates toward approval. The filing extends the ...
{I-bank focus}HSBC raises Sunny Optical (02382) to HKD58.9
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